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
Last week, Bitcoin spot ETF experienced a net inflow of $95.18 million, marking four consecutive weeks of net inflows.
Last week, Bitcoin spot ETF net inflows reached $95.18 million, marking four consecutive weeks of growth. Among them, BlackRock's IBIT had the largest inflows at $191 million, with a total net inflow of $63.26 billion. Fidelity's FBTC experienced net outflows of $50.07 million. In terms of total assets, the current net asset value of Bitcoin spot ETFs is $90.3 billion.
GateNews1h ago
TRIA (Tria) up 33.5% in 24 hours, now trading at 0.04949 USD
Gate News: On March 23, according to Gate market data, as of press time, TRIA (Tria) rose 33.5% in 24 hours, now trading at $0.04949; reaching a high of $0.0508 and a low of $0.0358, with 24-hour trading volume reaching $35.9272 million.
Tria is a cross-chain routing engine with a self-custodial crypto neobank at its core. The platform enables users to spend, stake, and swap across 200+ chains—no gas, no seed phrases, no stress. One app, every chain, zero complexity.
Tria provides multiple core features: users can spend digital assets through the Tria card in 150+ countries, supporting top-ups with over 1,000 tokens, with no custodial intermediaries.
GateNews1h ago
XRP Today's News: SOPR Approaching Historical Signal of 1, Bottom Signal Emerging
XRP has continued to underperform since the start of the year, failing to attract market capital, with current trading prices below major moving averages. SOPR and NUPL indicators show bottom signals, but these are only probabilistic characteristics. $1.51 serves as a near-term bullish-bearish dividing line, with breakouts potentially triggering a bullish rebound. The market maintains a cautious stance on XRP's short-term strong rebound, with the probability of returning to $2 at only 5%.
MarketWhisper1h ago
A certain retail address bought 1.27 million SIREN at $0.07827 two months ago and has already made a profit of $1.99 million.
Gate News, March 23rd. According to @ai_9684xtpa monitoring, a retail address purchased 1.27 million SIREN tokens 2 months ago at $0.07827 per token, with a cost of approximately $99,700. During the holding period, SIREN price surged 2095%. The address never sold during this time. Finally, 14 hours ago, it took profits at $1.64 per token, with total proceeds of approximately $2.09 million and gains of approximately $1.99 million.
GateNews2h ago
The crypto market is widely declining, with BTC breaking below $68,000, while AI and Meme sectors rally against the trend with gains exceeding 3%
On March 23, the crypto market experienced widespread declines, with Bitcoin and Ethereum falling 1.42% and 1.78% respectively. The RWA sector suffered a significant drop of 4.85%, while AI and Meme sectors bucked the trend with gains of 10.36% and 3.66% respectively. Other sectors showed mixed performance, with overall market sentiment remaining weak.
GateNews2h ago
