Edge is the infrastructure of Web3. A peer-to-peer network and blockchain providing high performance decentralised web services, powered by the spare capacity all around us.
Edge is a distributed computing paradigm that brings data storage and computation as close to the point of need as possible, pushing applications, data, and computing power away from centralized data centers. It is designed to reduce the volumes of data that must be moved, the consequent traffic, and the distance the data must travel, providing lower latency and reduced transmission costs.
The $EDGE token can be bridged in and out of the Edge Network on a 1:1 basis with $XE, the coin internal to the network that is used for the transfer of value, device staking and community governance.
The Edge Network is maintained by Edge Network Technologies, a not for profit company registered in England.
Edge Price Analysis
As of December 25 2024 Edge has a marketcap of $46M.
This is {{percentagefromath}} from its all time high of $1.35.
In terms of its tokenomics, there's a total supply of 60M with 69% currently outstanding.
Keep in mind Edge has a fully diluted value of $67M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
