1. Project Background and Technical Architecture

EDGEN is the native token of LayerEdge's decentralized network, aimed at enhancing the transaction processing efficiency and security of the Bitcoin network by building a Bitcoin-based verification layer. LayerEdge utilizes Zero-Knowledge Proofs (ZK) and BitVM technology to achieve scalability for Bitcoin while maintaining its underlying security.

The core goal of LayerEdge is to provide Bitcoin with a multi-layer security architecture, enabling it to support more complex off-chain computations and smart contracts, thereby becoming a key infrastructure in the Bitcoin ecosystem.

2. Market Dynamics and Launch Progress

• Huobi HTX opened EDGEN deposit services on June 1, 2025, with spot trading starting at 18:30 on June 2, and withdrawal services opening on June 4.
• OKX Wallet has also opened EDGEN airdrop claims, allowing eligible users to claim 1111 EDGEN by consuming 15 Binance Alpha points.
• Binance Alpha has also announced the launch of EDGEN, further promoting its market liquidity.

3. Technical Advantages and Market Prospects

1. Technical Advantages

• Bitcoin-based Decentralized Verification Layer: LayerEdge utilizes ZK technology to make more efficient use of Bitcoin's block space, achieving true Bitcoin Rollups.
• Multi-layer Security Architecture: LayerEdge adopts a hybrid security model that retains Bitcoin's high security while addressing its throughput limitations.
• Cross-chain Capability: LayerEdge provides bridging services for other blockchains through its verification layer, enhancing its value in the cross-chain ecosystem.

2. Market Prospects

• Exchange Support: Major exchanges like Huobi and OKX have listed EDGEN, indicating a certain level of market recognition.
• Airdrop Activities: Multiple platforms have launched EDGEN airdrops, further expanding its user base and market influence.
• Industry Trends: As the Bitcoin ecosystem continues to develop, LayerEdge, as its verification layer, is expected to become an important part of future blockchain infrastructure.

4. Compliance and Risk Warning

• Compliance: EDGEN is the native token of LayerEdge, and its trading and use must comply with relevant laws and regulations, especially concerning cross-border transactions and smart contracts.
• Risk Warning:
• Technical Risk: As an emerging project, the technical maturity and stability of LayerEdge still need to be observed.
• Market Risk: The cryptocurrency market is highly volatile, and the price of EDGEN may be affected by market sentiment and policy changes.
• Regulatory Risk: Regulatory policies regarding cryptocurrencies are still being adjusted in various countries, and attention should be paid to policy trends.

5. Summary and Recommendations

EDGEN, as the native token of LayerEdge, represents an innovative direction for scalability and security in the Bitcoin ecosystem. Currently, exchanges like Huobi and OKX have listed it, and several platforms have launched airdrop activities, indicating a promising market outlook. However, investors should still carefully assess its technical risks and market volatility.