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
LYN (Everlyn AI) increased by 30.73% in the last 24 hours
Gate News Bot Message, March 02, According to CoinMarketCap data, as of press time, LYN (Everlyn AI) is currently priced at $0.33, up 30.73% in the past 24 hours, with a high of $0.35 and a low of $0.25. The current market capitalization is approximately $85.2 million, an increase of $20 million compared to yesterday.
Everlyn AI is the first decentralized autonomous video AI infrastructure layer, boasting the fastest video generation speed globally. The platform offers various AI generation tools such as image-to-video, text-to-video, text-to-image, and image-to-image. Its revolutionary performance metrics include: a generation speed of only 15 seconds, 20 times faster than the industry average; a 25-fold reduction in costs; and an 8-fold increase in architecture efficiency, providing users with free, fast, and unlimited services.
GateNews39m ago
User wallet information exposed! On-chain detective ZachXBT reveals Axiom employee suspected of insider trading
Well-known on-chain detective ZachXBT revealed that Axiom employees at the crypto trading platform abused internal tools to spy on users' wallets and may have used this information for insider trading. Axiom has revoked the relevant access rights and stated that an investigation into the misconduct is underway, emphasizing that this does not represent the overall team values. The investigation has sparked heated discussion in the market, and some traders have profited from predicting the event.
区块客40m ago
SAHARA (Sahara AI) increased by 16.80% in the past 24 hours
Gate News Bot Message, March 02, According to CoinMarketCap data, at the time of press, SAHARA (Sahara AI) is trading at $0.03, up 16.80% in the past 24 hours, with a high of $0.03 and a low of $0.01. The 24-hour trading volume reached $213 million. The current market capitalization is approximately $73.9 million, an increase of $10.6 million from yesterday.
Sahara AI is the first full-stack, AI-native blockchain platform, providing trusted data services, scalable proxy solutions, and verified results for global enterprises, research institutions, and AI innovators. The platform has over 200,000 AI trainers worldwide, more than 35 enterprise clients, and over 3 million annotation records. It has been SOC2 certified to ensure security and privacy protection.
SAHARA is part of the Sahara AI ecosystem.
GateNews1h ago
ALICE (MyNeighborAlice) 24-hour increase of 24.42%
Gate News Bot Message, March 02, According to CoinMarketCap data, at the time of press, ALICE (MyNeighborAlice) is trading at $0.16, up 24.42% in the past 24 hours, with a high of $0.17 and a low of $0.10. The 24-hour trading volume reached $86.8 million. The current market capitalization is approximately $16 million, an increase of $3.13 million from yesterday.
My Neighbor Alice is a warm multiplayer world where players can create, connect, and own their own virtual spaces. The platform supports players using in-game balances or directly purchasing land with cards, without transaction fees. As a community-driven game, My Neighbor Alice continuously releases new game content and updates, including
GateNews1h ago
XRP Today News: Ripple unlocks $1.37 billion worth of tokens, market reaction remains calm
Ripple plans to unlock a total of 1 billion XRP in three phases. Despite the large release, market reaction has been muted, and XRP price has only risen slightly. The unlocking is part of its supply management plan, with Ripple still holding approximately 32% of the total supply. Although XRP performed poorly in February, recent ETF capital inflows indicate that institutional interest remains. Analysts predict that XRP could experience a significant rally, with a target price between $15 and $18, and believe that the current trend resembles the false breakout pattern seen before previous bull markets.
MarketWhisper2h ago
Steak 'n Shake officially begins paying employees Bitcoin bonuses
Watcher.Guru posted on X that Steak 'n Shake is officially starting to pay employees a "Bitcoin bonus" of $0.21 per hour.
GateNews2h ago
