Binance Announces LayerEdge Launch and Airdrop – Coincu

Binance has announced the launch of the LayerEdge (EDGEN) platform, with trading set to open on June 2, 2025, at 18:30. Eligible Binance users can start claiming an airdrop on the same day.

The launch of LayerEdge (EDGEN) on Binance signifies a major step in integrating revolutionary Web3 solutions, enhancing security with zk-technology, and fostering community-driven token launches.

Binance Launches LayerEdge and EDGEN Airdrop with Alpha Points

Binance confirmed the LayerEdge launch and airdrop details on its official platform, with EDGEN trading beginning at 18:30. This event highlights Binance’s ongoing commitment to featuring innovative crypto assets by integrating LayerEdge’s novel capabilities into its trading ecosystem. The introduction of LayerEdge on Binance allows users to interact with the platform’s unique zk-based scalability and Bitcoin security integration.

Eligible users with at least 223 Binance Alpha points can claim 1,111 EDGEN tokens, utilizing 15 Alpha points per claim. The airdrop process will reward users participating in Binance’s launch ecosystem, emphasizing the platform’s emphasis on user engagement and loyalty.

“EDGEN trading opens at 18:30 (local time) on June 2, 2025, on Binance, with additional immediate listings confirmed on MEXC, KuCoin, Gate.io, and HashKey Global the same day.” – Binance Post

Market anticipation of the LayerEdge launch is high, with Binance as the lead platform ensuring efficient execution of the airdrop and trading. Initial market interest focuses on LayerEdge’s potential to influence scalability and security in Web3 applications, although further analyst assessments are expected following the launch.

EDGEN’s Initial Volatility and Strategic Market Insights

Did you know? Binance Alpha has successfully launched over 16 tokens before LayerEdge, reflecting a consistent pattern of initial volatility during early trading phases.

The LayerEdge (EDGEN) token launches with an initial price of approximately $0.71 and faces limited liquidity in early trading. As of the latest data, EDGEN’s price is $0.02, with a circulating supply of 176 million tokens. CoinMarketCap reports a 24-hour trading volume of $20,112,799, which is a significant increase, but the price has dropped by 57.12% over multiple timeframes. The token’s market cap is $3,825,346, while its fully diluted market cap stands at $21,734,922.

The Coincu research team notes the integration of LayerEdge’s zk-technology offers scalable Web3 solutions, reinforcing decentralized systems while mitigating potential security risks inherent to emerging blockchains. Future regulatory environments may influence the technology’s trajectory, but current user sentiment underscores optimism for large scale adoption.