MegaETH has launched its MEGA token, marking the largest cryptocurrency event of 2026. The project successfully raised $1.5 billion in initial funding and achieved a total value locked (TVL) of $490 million, surpassing Monad. This significant launch comes amid a broader market upswing, with major cryptocurrencies rising 1-2% and Bitcoin reaching $77,400. In other developments, the Japanese exchange JPX is planning to list a cryptocurrency ETF by 2027, pending regulatory approvals. Meanwhile, the DeFi sector faces challenges as Wasabi reported losses exceeding $4.5 million. Additionally, Kalshi has emerged as a top five sports betting company after generating over $13 billion in revenue from the March Madness tournament.