Deep Dive
1. Hardfork with Account Abstraction (25 March 2026)
Overview: This network upgrade implemented account abstraction, a technical change that simplifies how users interact with the blockchain. The most immediate impact was a drastic reduction in transaction costs.
The hardfork reconfigured how gas fees are calculated and processed. Before the update, average gas fees could reach 1,500 gwei. Post-upgrade, fees dropped to around 15 gwei, representing a 100x cost reduction. This makes frequent transactions, like trading meme tokens or interacting with dApps, significantly more affordable.
What this means: This is bullish for $M because it directly improves the user experience by making the network faster and much cheaper to use. Lower barriers to entry can attract more developers and traders to build and transact on MemeCore, potentially increasing network activity and demand for the $M token used to pay these fees.
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2. Mainnet Launch (9 September 2025)
Overview: This was the official activation of MemeCore's foundational blockchain code. It brought the EVM-compatible Layer 1 and the novel Proof of Meme (PoM) consensus mechanism live, enabling all core ecosystem functions.
The launch deployed the architecture that quantifies and rewards cultural participation. Key features like Meme Vaults (smart contracts that act as reward pools for each new meme coin) and the on-chain contribution protocol became operational. The PoM consensus combines Proof-of-Authority with delegated Proof-of-Stake, rotating validator roles to secure the network while distributing rewards to $M stakers and meme token delegators.
What this means: This was a neutral, foundational step for $M, as it moved the project from theory to a live network. It established the utility of the $M token for gas, staking, and governance, creating the operational base upon which all future adoption and value would be built.
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Conclusion
MemeCore's development trajectory shows a focus on core infrastructure, from its mainnet launch to a user-centric upgrade that drastically cut costs. The key question now is whether developer activity will leverage this improved foundation to build compelling applications that drive sustained usage.