PANews reported on November 1st that the TON Foundation announced the launch of MemeRepublic to replace Memelandia, the cultural hub for Meme Coin and community tokens launched last year. The TON Foundation stated that Memelandia gradually lost community trust due to issues such as system abuse, unclear bonus distribution, and infrastructure failures. The newly launched MemeRepublic addresses these problems while providing a $1 million fund, offering $50,000 in direct purchasing power and $50,000 in liquidity to the top-performing token each week for 10 weeks, with purchases executed at random times each week.PANews reported on November 1st that the TON Foundation announced the launch of MemeRepublic to replace Memelandia, the cultural hub for Meme Coin and community tokens launched last year. The TON Foundation stated that Memelandia gradually lost community trust due to issues such as system abuse, unclear bonus distribution, and infrastructure failures. The newly launched MemeRepublic addresses these problems while providing a $1 million fund, offering $50,000 in direct purchasing power and $50,000 in liquidity to the top-performing token each week for 10 weeks, with purchases executed at random times each week.

The TON Foundation launched MemeRepublic to replace the cultural center Memelandia.

2025/11/01 13:38

PANews reported on November 1st that the TON Foundation announced the launch of MemeRepublic to replace Memelandia, the cultural hub for Meme Coin and community tokens launched last year. The TON Foundation stated that Memelandia gradually lost community trust due to issues such as system abuse, unclear bonus distribution, and infrastructure failures. The newly launched MemeRepublic addresses these problems while providing a $1 million fund, offering $50,000 in direct purchasing power and $50,000 in liquidity to the top-performing token each week for 10 weeks, with purchases executed at random times each week.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Ethereum (ETH) Blob Fees Suddenly Spike, Here’s Why

Ethereum (ETH) Blob Fees Suddenly Spike, Here’s Why

The post Ethereum (ETH) Blob Fees Suddenly Spike, Here’s Why appeared on BitcoinEthereumNews.com. 42,000 Gwei: Ethereum (ETH) blob fees log new ATH, community sees “high demand” Will Ethereum Fusaka hard fork fix this? On Oct. 30, 2025, Ethereum (ETH) blob fees — data availability fees for Ethereum’s L2 networks — registered an all-time high. While being painful in general, such spikes are indicators of high demand for Ethereum’s (ETH) throughput. Fusaka, Ethereum’s upcoming upgrade, is expected to mitigate such spikes. 42,000 Gwei: Ethereum (ETH) blob fees log new ATH, community sees “high demand” Ethereum (ETH) blob fees — commissions paid by Layer-2 blockchains for using Ethereum’s computational resources as a data availability layer — set a historic record Oct. 30, 2025. The metric suddenly spiked over 42,000 Gwei, an Ethereum supporter @materkel mentioned on X. Not sure if anybody noticed, but blob fees spiked to insane levels yesterday. They peaked at 42,036.2 Gwei (a new record) and stayed above 20k Gwei for ~half an hour. This is exactly what happens once Rollups start to outbid each other during high demand. Average fees are now… pic.twitter.com/6SvBv2mJMp — materkel.eth 🦇🔊 (@materkel) October 31, 2025 After this sudden spike, Ethereum (ETH) blob fees stayed in an extremely high zone, over 20,000 Gwei, for almost an hour. As explained by the speaker, this is a clear indicator of high demand for Ethereum (ETH) right now — L2 rollups triggered the price by competing against each other for Ethereum (ETH) resources. The Ethereum (ETH) enthusiast stressed that this is the most evident signal of interest in Ethereum (ETH) and slammed the theory that L2 popularity somehow threatens the biggest smart contracts platform: Ethereum is in high demand right now, and rumors of L2s being extractive are FUD This process is not necessarily mirrored by the transactions feed for end users — rollups offset this imbalance by subsidizing blob…
Share
BitcoinEthereumNews2025/11/01 20:06
Ethereum Blob Fees Reach 42,000 Gwei ATH, Signaling High Demand; Fusaka Upgrade May Mitigate Spikes

Ethereum Blob Fees Reach 42,000 Gwei ATH, Signaling High Demand; Fusaka Upgrade May Mitigate Spikes

The post Ethereum Blob Fees Reach 42,000 Gwei ATH, Signaling High Demand; Fusaka Upgrade May Mitigate Spikes appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Ethereum blob fees reached an all-time high of 42,000 Gwei on October 30, 2025, signaling strong demand for the network’s data availability layer used by Layer-2 solutions. This spike reflects intense competition among rollups, though it highlights the need for upgrades like the upcoming Fusaka hard fork to stabilize costs. Ethereum blob fees hit 42,000 Gwei ATH on October 30, 2025, driven by high Layer-2 demand. Layer-2 rollups competed for resources, causing fees to remain elevated above 20,000 Gwei for nearly an hour. The Fusaka upgrade, scheduled for December 3, 2025, includes EIP-7918 to bound blob fees and improve L1 efficiency for rollups. Ethereum blob fees surge to 42,000 Gwei ATH amid booming Layer-2 demand—will Fusaka fix the volatility? Discover how this impacts ETH users and the network’s future. Stay informed on crypto upgrades today. COINOTAG recommends • Professional traders group 💎 Join a professional trading community Work with senior traders, research‑backed setups, and risk‑first frameworks. 👉 Join the group → COINOTAG recommends • Professional traders group 📊 Transparent performance, real process Spot strategies with documented months of triple‑digit…
Share
BitcoinEthereumNews2025/11/01 19:58