Binance Alpha has revealed that LayerEdge (EDGEN), a decentralize network token built on Bitcoin infrastructure, will soon be listed. This move is significant for the cryptocurrency world. LayerEdge Binance Alpha listing. Trading in EDGEN is set to start on June 2, 2025, and full stock information and market access are expected to be made public on the same day.
How to Use LayerEdge (EDGEN)
LayerEdge is a new way to think about decentralised networks because it combines the security of the Bitcoin blockchain with the speed of distributed light nodes for proof. $SOLV Price Analysis, EdgenOS runs the network. It’s a simple operating system that lets regular people run nodes and help reach an agreement on the network without needing any special hardware.
The EDGEN token is the LayerEdge Network’s original utility token. It makes it easier for people to join, gives nodes incentives, and helps the network’s infrastructure grow. The tokenomics of EDGEN aims to promote two goals: decentralisation and long-term growth. The distribution of a fixed quantity of one billion tokens will proceed as follows: 46% will be distributed to the community through events and airdrops; 22% will be distributed to core contributors; 15% will be allocated to ecosystem development and research and development; 12% will be allocated to the Foundation; and 5% will be available to early backers.
Event for the Binance Alpha Airdrop
To celebrate the listing, Binance Alpha will hold an airdrop event that only certain users will be able to join. The Alpha event page, which will also go live on June 2, is where people can use Binance Alpha Points to claim EDGEN coins. By giving users early access to EDGEN tokens, this project aims to increase liquidity and boost the cryptocurrency economy.
New technologies that LayerEdge uses
LayerEdge solves one of Web3’s biggest problems: how to make it bigger without losing trust. Its mixed design includes Bitcoin anchoring, which makes sure that every block is cryptographically safe by using Bitcoin’s well-known consensus; distributed verification, which uses millions of devices running edgenOS light nodes to get rid of single points of failure; and zero-knowledge (zk) cryptography, which makes sure that every transaction is valid, trustworthy, and safe.
These new technologies make LayerEdge a Layer 3 protocol for the next generation. These technologies aim to enhance the scalability and speed of decentralised apps (dApps). LayerEdge solves common problems that dApps face today by building on Layer 2 chains to offer higher throughput, lower delay, and low gas fees.
Outlook for the market and price predictions
Market experts think that EDGEN will have a price range of $0.10 to $0.20 when it starts trading. This is due to several factors: EDGEN will be immediately available on Binance Alpha, early users will be excited about the airdrop, there will initially be a limited supply of EDGEN in circulation, and the project will focus heavily on empowering the community.
Forecasts indicate that EDGEN could hit a mid-term goal of $0.30 to $0.50. The platform will roll out its ecosystem, developer grants, and real-world use cases. In a strong rising market with well-executed projects, EDGEN could get close to $1. This is especially true if the narrative surrounding Layer 3 protocols gains traction. EDGEN’s performance is comparable to that of Layer 2 solutions like Optimism and Arbitrum.
Summary
The listing of LayerEdge (EDGEN) on Binance Alpha represents a significant advancement in the history of open networks. LayerEdge is a fantastic way for Web3 apps to solve. LayerEdge addresses the problems of combining Bitcoin’s security with flexible infrastructure and new technologies like zero-knowledge proofs. Users can join the platform early via the upcoming airdrop event. Which may help them as it grows in the decentralise environment.
