#EDGENLiveOnAlpha Layer Edge (EDGEN) has officially launched on Binance Spot, following its early access debut on Binance Alpha. The token's initial trading phase has been marked by significant volatility, characteristic of new market entries.
đ Current Market Performance
Price: Approximately $0.0206 USD
24h Trading Volume: Around $10.38 million USD
24h Price Range: Between $0.0199 and $0.0507 USD
Circulating Supply: Approximately 290 million EDGEN
Total Supply: Caped at 1 billion EDGEN
The token experienced a sharp decline of over 59% in the past 24 hours, reflecting the typical volatility associated with newly listed cryptocurrencies
đ Project Overview
LayerEdge is a decentralized network designed to enhance Bitcoin's scalability and computational capabilities. By leveraging zero-knowledge (ZK) proofs and BitVM, LayerEdge enables off-chain computation verification while anchoring security on Bitcoin's Proof-of-Work (PoW) consensus. This approach allows multiple protocols to share verification costs, achieving up to a 95% reduction in Layer 1 settlement expenses and up to a 99% decrease in proof verification costs.
