Ethereum’s MegaETH Upgrade Boosts DeFi, Outpacing Bitcoin

Published: 2025-07-15 00:03:28 |

Ethereum’s mission is not to replace Bitcoin but to modernize Web2 platforms and legacy finance with decentralized infrastructure. Bitwise CEO Hunter Horsley likened blockchains to apps on a shared operating system: Bitcoin holds value, while Ethereum powers permissionless DeFi, AI-driven dApps, digital IDs and tokenized markets. In the past week, ETH rose nearly 20%, trading around $3,046 after an 18.5% surge driven by growing DeFi adoption and tokenization. The network’s modular MegaETH upgrade demoed 1.7 Ggas/s throughput, 100,000+ TPS, sub-millisecond latency and EigenDA security, equating to 130 million daily transactions. Traders view these software improvements, along with cheaper, faster node operation and rising developer activity, as bullish catalysts for Ethereum’s long-term scalability and market demand.

Bullish

This news is bullish for ETH. The rapid price rally of nearly 20% in the past week reflects strong market confidence in Ethereum’s role in DeFi and tokenization. The MegaETH upgrade’s impressive metrics—high throughput, low latency and enhanced security—address long-standing scalability concerns, making node operation cheaper and faster. This technical progress is likely to spur further developer activity and real-world use cases across Web2 and legacy finance, driving sustained demand for ETH. In the short term, optimism around network upgrades could fuel additional price gains. Over the long term, improved scalability and growing DeFi adoption underpin Ethereum’s fundamental value proposition, supporting ongoing bullish momentum.