What is MegaETH and why does MegaETH TVL matter?

MegaETH is a high-speed Ethereum Layer 2 focused on real-time processing. MegaETH TVL shows how much capital is parked on the network. Rising TVL can signal growing developer and user demand. It is not proof of product-market fit, but it helps track traction and whether liquidity is sticking.

How does the Transak fiat onramp help Australian users?

Transak’s fiat onramp can reduce steps from card or bank payment to assets on MegaETH, which saves time and simplifies testing. Australians should compare total fees, FX spreads, limits, and approval times. Start with small transfers, confirm wallet support, and keep tax records for ATO reporting.

Why is the MEGA token TGE still distant?

The MEGA token TGE is tied to specific KPIs that have not been met. Until the team confirms progress, a listing date is unlikely. This setup shifts focus to real usage and stability rather than incentives, which may lead to steadier growth but slower speculative inflows in the near term.

What should ETH holders watch next?

Track MegaETH TVL trends, daily transactions, error rates, and average fees versus other L2s. Watch Transak onboarding metrics and user feedback. Follow app launches and audit updates. These signals show whether adoption is real, which can inform how much exposure to keep in Ethereum and related DeFi plays.

Global Market Insights

ETHUSD Today, February 17: MegaETH TVL Jumps, TGE Still Distant

ByHuzaifa Zahoor February 17, 2026February 17, 2026

MegaETH TVL has climbed about 65% to roughly US$66.5 million after mainnet, pointing to early demand for high‑speed Ethereum Layer 2 apps. Transak’s instant fiat onramp should cut funding steps, while the MEGA token TGE remains tied to unmet KPIs. For Australian investors tracking ETHUSD, this mix means improving infrastructure but limited token‑driven speculation. We break down what is driving activity, why the token timeline matters, and the practical moves Aussies can make today to assess risk and capture utility.