Gate News Bot Report, February 25 — According to CoinMarketCap data, at press time, ESP (Espresso) is trading at $0.17, up 69.19% in the past 24 hours. The price reached a high of $0.20 and a low of $0.06. 24-hour trading volume is $514 million. The current market cap is approximately $89.1 million, an increase of $3.65 million from yesterday.
Espresso Network is a project providing cross-chain composability infrastructure for the Ethereum ecosystem and other blockchains. Its vision is to enable all blockchains to work together in coordination, laying the foundation for Layer 2, Layer 3, and other scaling solutions. The Espresso Network has launched on the mainnet, allowing users to claim and stake ESP tokens via the official portal to unlock enhanced staking rewards. The project has established partnerships with ecosystems and development teams such as Arbitrum, Ethereum, Caldera, and AltLayer to promote cross-chain composability.
Recent Important News about ESP:
1️⃣ Exchange Listings Boost Trading Activity
Major Korean exchanges have recently officially listed ESP, significantly increasing the project’s liquidity and tradability. The addition of new exchanges often attracts funds from different regions, especially with the support of mainstream markets like Korea, providing new price discovery and trading opportunities for ESP. This activity aligns with the active 24-hour trading volume surpassing $514 million.
2️⃣ Mainnet Launch and Ecosystem Development Support Fundamentals
The Espresso Network mainnet is now live, with a mechanism for users to claim and stake ESP tokens via the official portal to earn enhanced staking rewards. Additionally, the project has formed strategic partnerships with leading ecosystems such as Arbitrum, Ethereum, Caldera, and AltLayer. Recognition from these protocols further strengthens Espresso’s position as a cross-chain composability infrastructure, laying a solid foundation for long-term value.
3️⃣ Early Airdrops and Increased Market Participation
During its initial launch, ESP conducted a 10% airdrop, effectively expanding the token holder base and community engagement. The new users and token holders brought by the airdrop increased market activity and created conditions for subsequent staking and ecosystem participation, contributing to a rapid price increase during this cycle.
This news is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily Report (April 23): The U.S. government runs Bitcoin nodes; Tesla’s BTC holdings remain unchanged
Bitcoin (BTC) continues the rebound trend from the beginning of the week, trading at around $78,230 as of April 23. U.S. Pacific Command Commander Samuel Paparo said in a congressional hearing that the U.S. government operates Bitcoin nodes to conduct cybersecurity tests, but does not participate in mining. Tesla’s first-quarter Bitcoin holdings remain unchanged, and its digital-asset impairment loss is $173 million.
MarketWhisper3h ago
Ethereum Breaks Through $2,400 as Daily Decline Holds at 0.15%
Gate News message, April 22 — Ethereum broke through the $2,400 mark today, though the cryptocurrency recorded a 0.15% decline over the 24-hour period.
GateNews10h ago
OpenSea Launches Mobile Perpetuals Trading for Beta Users, Kicks Off 5-Day Trading Contest
Gate News message, April 22 — OpenSea has rolled out mobile perpetuals (Perps) trading functionality to select beta users and will launch a five-day trading contest beginning April 23 at 5 a.m. UTC+8. The competition is restricted to mobile beta testers, with all participants receiving an initial
GateNews13h ago
Gate Daily Report (April 22): A U.S. PACE bill is set to allow the Federal Reserve to pay for access; Kalshi plans to launch sustainability futures
Bitcoin (BTC) sees a short-term rebound, temporarily trading at around $76,230 as of April 22. A bipartisan PACE bill in the U.S. would seek to allow the Federal Reserve’s payment system to be connected, with support from the crypto industry. According to The Information, Kalshi is considering launching sustainable futures to expand its cryptocurrency business.
MarketWhisper04-22 01:38
Major CEX Launches Spot Trading for OpenGradient (OPG) Token on April 21
A major exchange launches OPG spot trading with the OPG-USD pair starting April 21, 2026. Trading will roll out gradually to ensure liquidity and stability, with access limited by regional regulatory requirements.
OpenGradient (OPG) is being listed for spot trading on a major centralized exchange, issuing the OPG-USD pair on April 21, 2026. The rollout will be phased and regionally restricted to manage liquidity and regulatory constraints.
GateNews04-21 16:52
Gate Daily Report (April 21): Lido discloses the EarnETH exposure protection mechanism; DeFi losses exceed $600 million over the past three weeks
Bitcoin (BTC) sees a V-shaped rebound. As of April 21, it is temporarily around $76,028. U.S. President Trump says he is willing to hold direct talks with Iran’s top leadership. Lido said that the EarnETH treasury holds an exposure of about $21.6 million in rsETH, and the loss-protection mechanism is ready. DeFi has lost more than $600 million over the past three weeks, and the Kelp DAO incident has dragged DeFi TVL down to a one-year low.
MarketWhisper04-21 02:05
