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DeFiNeutralThe Defiant ยท Feb 165/105
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MegaETH TVL Rises 65% in a Week, but TGE Conditions Remain Unmet

MegaETH's L2 mainnet has seen a 65% TVL increase one week after launch, indicating early liquidity growth. However, the network has not yet met the required KPIs necessary for launching its MEGA token (TGE), suggesting adoption remains below expectations.