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
UNI Rallies as Federal Court Ends Investor Case Against Uniswap Labs
Uniswap Labs won a full dismissal with prejudice, ending the investor lawsuit over scam-token losses and barring plaintiffs from refiling the same claims.
UNI rose about 6% to around $3.92 after the ruling, as traders reacted to the case being permanently closed.
UNI price rose about 6% to $
CryptoNewsFlash3h ago
Cardano Brings Blockchain Payments to Swiss Retail With ADA at SPAR Stores
ADA payments now accepted at 137 SPAR stores in Switzerland through Cardano integration with DFX.swiss Open Crypto Pay.
Real-time blockchain transactions reduce merchant fees by about two-thirds compared to traditional card providers.
The Cardano Foundation has announced that Swiss payments
CryptoNewsFlash4h ago
XRP Could Face Securities Classification Under New U.S. Crypto Framework, Says Cardano’s Hoskinson
Charles Hoskinson argues that under the revised CLARITY Act, tokens like XRP would qualify as securities, igniting his feud with the XRP community.
He called Ripple CEO Brad Garlinghouse out again, cautioning that having no laws is better than having a bad law.
Cardano founder Charles Hoskin
CryptoNewsFlash4h ago
Address Poisoning Scam: TON Whale Loses $220K, Scammer Returns Most
_A TON blockchain whale sent $220K to a scammer by mistake. The scammer kept $17K and returned the rest with an apology note._
A TON blockchain whale recently fell victim to an address poisoning scam.
The incident cost him $220,000 worth of TON tokens. He sent the funds to the wrong wallet by
LiveBTCNews5h ago
SOL Strategies Shares Soar 21% as February Update Highlights Validator Growth
SOL Strategies Inc. reported significant growth in February 2026, with its shares jumping 20.97% following its business update. The firm expanded its Solana validator network to over 33,500 wallets, generated 1,276 SOL in net revenue, and achieved a peak Annual Percentage Yield of 6.47%.
TheNewsCrypto6h ago
Polygon Enables Stablecoin Payments at 150M Visa Merchants Worldwide
Oobit has announced support for Polygon, allowing users of the network to make stablecoin payments at 150 million merchants who accept Visa.
Oobit converts stablecoins into local currency, attracting a wide network of merchants who do not want to be paid in crypto.
Stablecoin payments via th
CryptoNewsFlash7h ago
