Deep Dive
1. Hardfork with Account Abstraction (25 March 2026)
Overview: This was a major network upgrade that fundamentally changed how users interact with the blockchain. It made transactions much cheaper and simplified the user experience by abstracting away some technical complexities.
The hardfork introduced account abstraction, a technical feature that allows smart contracts to pay for transaction fees instead of users' wallets. This enabled a massive reduction in gas costs, from an average of 1,500 gwei to just 15 gwei—a 100x improvement. For everyday users, this means sending tokens, interacting with dApps, or minting new meme coins on MemeCore became far more affordable.
What this means: This is bullish for $M because it directly lowers the cost of using the network, which can attract more developers and users. Cheaper transactions make the ecosystem more competitive and could drive increased on-chain activity, which is vital for a Layer 1 blockchain's growth.
(Yahoo Finance)
2. Mainnet Launch & PoM Consensus (9 September 2025)
Overview: This marked the official launch of MemeCore's independent blockchain, moving from a concept to a live network. It established the core technical infrastructure that all subsequent applications are built upon.
The launch activated the EVM-compatible Layer 1 and its novel Proof of Meme (PoM) consensus. PoM is designed to reward cultural contributions—like creating and sharing memes—alongside traditional staking. Validators must stake 7 million $M, and rewards are distributed to $M stakers and delegators of whitelisted meme tokens.
What this means: This is neutral for $M as it was the foundational event. It established the project's technological premise, but long-term value depends on actual adoption and usage of the chain. The success of this launch set the stage for all future development and dApp deployment.
(The Block)
Conclusion
MemeCore's development trajectory shows a focus on core infrastructure efficiency, as evidenced by the gas-reducing hardfork. The project has transitioned from launching its foundational blockchain to optimizing it for user adoption. Will the next phase of updates focus on scaling solutions or expanding the developer toolkit to capitalize on these lower fees?