Updated

MegaETH Daily Digest — April 22, 2026

Daily Transactions — 4 Weeks2.0M2.1M2.2M2.3M2.4MMar 25Mar 29Apr 2Apr 6Apr 10Apr 14Apr 18Apr 22
Daily Transactions — 4 Weeks
Unique Wallets — 4 Weeks3K4K5K6KMar 25Mar 29Apr 2Apr 6Apr 10Apr 14Apr 18Apr 22
Unique Wallets — 4 Weeks

At a Glance


Network activity on April 22 stayed elevated compared with most of the past two weeks, but the shape of the day was steadier than Tuesday’s “busiest day” label suggests. Transaction volume held at 2.43M for a second straight day, while unique wallets pulled back—consistent with a market backdrop that still feels cautious.

The Week So Far

MegaETH has been in a stable-to-slightly-busier regime: this week is averaging 26.7 TPS versus 25.7 TPS last week (+3.7%), with the usual weekend dip intact. Tuesday and Wednesday both ran at 28.2 average TPS, which is the top end of the last 14 days, but it hasn’t translated into a sustained step-change—more like a higher plateau.

TPS — Last 14 Days25262728Apr 8Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22
TPS — Last 14 Days

On the “real usage” side, wallets remain choppy. The month’s standout days for unique wallets were Apr 8 (5.8K), Apr 10 (5.6K), and Apr 21 (4.8K). April 22 came in at 3.9K—still healthy, but it reinforces the pattern that spikes are event-driven rather than a smooth climb.

One ecosystem note that likely matters for behavior: MegaETH TVL is down -19.3% vs 7 days ago (a large move), even though it stabilized slightly day-over-day (+0.8%). In this kind of environment, you often see activity concentrate in a few “core loop” apps rather than broad-based exploration.

The Day

April 22’s hourly rhythm was mostly controlled: a couple of early spikes (around 02:00 and 05:00 UTC), a clear ramp into early afternoon (13:00–15:00 UTC), then a gradual fade into the 26–28 TPS range late day.

TPS — Today Hourly26272829303100:0003:0006:0009:0012:0015:0018:0021:0022:00
TPS — Today Hourly

The headline anomaly was not the hourly trend—it was brief bursts inside the day. Network gas per second peaked at 520.5 Mgas/s (Apr 22 16:41 UTC) and TPS peaked at 58.0 TPS (Apr 22 13:09 UTC). In both cases, the top contributor was World Markets - Exchange, with 770 tx in the TPS spike window and 46.1 Mgas in the gas spike window. This looks like concentrated activity (automation, liquidations, or a narrow set of heavy calls) rather than a chain-wide surge.

On app flow:

Top DApps — 24h TransactionsKumbaya9.1KAvon5.8KFerdy.bet1.4KCrossy Fluffle1.3KIntraverse799Showdown464TopStrike119GMX54
Top DApps — 24h Transactions

Two newly-seen contracts were meaningfully busy and still active:

There were also smaller “what changed?” signals worth tracking in aggregate: a contract labeled “OpenSea - Seaport” rose to 1,043 txs in the last 24h, and “CommitReveal” increased to 191 txs. If those persist, they may represent an emerging workflow rather than a one-off burst (start from the Insights page to investigate).

Health Check

Network-level reliability was clean: 0.1% failed transactions (1.8K failed out of 2.43M). That’s notably calmer than the recent local high on Apr 16 (1.8% failed), and it suggests the mid-day performance bursts were contained rather than destabilizing.

One caution: short-lived spikes like the World Markets bursts can coincide with revert-heavy competition (bots, fast-moving prices, or access-controlled calls). Elevated failures in a narrow window wouldn’t be surprising—even when the day’s overall fail rate stays low.

The Takeaway

April 22 was a “steady-high” throughput day: flat TPS and flat total transactions versus Tuesday, but with fewer unique wallets—more concentration than expansion. The most actionable thread is the pair of brief but extreme performance spikes tied to World Markets - Exchange, plus two new contracts drawing sustained traffic.

On the Road to TGE, the “apps” track is still at 8/10, while fee generation remains well below the per-app streak requirement (0 apps above $50K on Apr 22). If this week’s activity is going to move milestones, it likely needs to translate from bursts and automation into sustained, fee-generating usage—worth keeping an eye on alongside updates at https://www.megaeth.com/token.

Data sources: Analysis by MiniBlocks.io using on-chain MegaETH data. Market sentiment data from Alternative.me Crypto Fear & Greed Index. TVL and stablecoin data from DeFiLlama. TGE progress from megaeth.com.

Curious how this digest is made? Read about our AI-powered methodology.
This report is generated automatically by AI and may contain errors or inaccuracies. It is provided for informational purposes only and does not constitute financial, investment, or trading advice. MiniBlocks is an independent analytics platform and is not affiliated with, endorsed by, or promoting any project mentioned. Always verify data independently and do your own research.
About failure rates: This report covers raw network-level metrics. High failure rates for a contract or DApp do not necessarily indicate poor app quality. Common causes include bot activity (front-running, sniping), race conditions during launches and mints, intentional access gating, and rate-limiting mechanisms that deliberately reject excess transactions.
2026-04-21