About Edge
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.
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Market Stats
Market Cap
$46,381,217.82
13.46%
FDV
$68,164,910.89
Circulating Supply
40,825,595.353 EDGE
Max Supply
60,000,000 EDGE
Total Supply
57,444,698.321 EDGE
Diluted Valuation
$68,020,557.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$89,731.90
-0.28%
Volume (7D)
$615,889.37
Volume (30D)
$2,580,874.56
All time high
$1.48
Overall Price Change (1Y)
6.29%
Additional info about Edge
Recent trends
The price of Edge has increased by 3.47% in the last hour and increased by 13.18% in the past 24 hours. Edge’s price has also risen by 30.35% in the past week. The current price is $1.14 per EDGE with a 24-hour trading volume of $89.73K. Currently, Edge is valued at 22.91% below its all time high of $1.48. This all-time high was the highest price paid for Edge since its launch. The current circulating supply of Edge is 40,825,595.353 EDGE which means that Edge has as total market cap of $46,381,217.82.
Market details
EDGE vs markets
↗ 462.52%
EDGE vs BTC
↗ 364.88%
EDGE vs ETH
↗ 1,105.17%
Tags
platform
ai-big-data
distributed-computing
filesharing
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4EC1b60B96193a64AcAe44778e51f7BfF2007831 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.14 | ↗ 13.17% |
1 Day | $1.01 | ↗ 13.18% |
1 Week | $0.87 | ↗ 30.35% |
1 Month | $0.81 | ↗ 40.01% |
1 Year | $0.16 | ↗ 629.20% |
FAQ
Edge is a platform based on Web3. Edge networking is a computing platform that runs on the spare capacity that can be found worldwide. It is a kind of decentralized cloud service. According to the website, anyone can contribute to the Edge platform and yield benefits. The platform claims to be environmentally friendly because it is built using the spare capacity of the devices that are already in the home and office. The platform facilitates content delivery by transforming and optimizing the media library with simple URL parameters. The platform also provides file storage and sharing facility.
According to the documents of the platform, Edge is a peer-to-peer network of blockchain that provides high-performance decentralized web services. The platform was earlier called DADI, which stands for Decentralized Architecture for a Democratic Internet, which was later renamed Edge.
The platform claims that centralized authorities control the internet, and users and consumers do not have total freedom there. Only a handful of global corporations control the network. The platform aims to reverse this relationship and give the network ownership to everyone connected to it. The platform further intends to provide the benefit of the revenue that comes from its use to the consumers only.
The platform has two native tokens, namely XE and EDGE. The EDGE token is a utility token that works on the ERC-20 Ethereum blockchain. The EDGE token is used for trading and exchanging with other coins, and for purchasing services on the Edge platform and mining. The XE is an internal coin of the Edge platform. XE is used for staking, governance, and adding value to the nodes. XE is used for fast transactions on the platform and is mapped on a 1:1 ratio with EDGE token.
The Edge platform was founded in 2013 and was renamed in July 2019. The initial coin offering (ICO) was held in 2018 and raised $29 million at an ICO price of $0.5 per token. The founding team behind the platform includes Joseph Denne, Chris Mair, and Will Lebens.
We update our Edge to USD currency in real-time. Get the live price of Edge on Coinbase.
The current market cap of Edge is $46.38M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Edge is $1.48. This all-time high is highest price paid for Edge since it was launched.
Over the last 24 hours, the trading volume of Edge is $89.73K.
Assets that have a similar market cap to Edge include Minto, Indigo Protocol - iUSD, Sponge, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Edge is 41 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#580
Contributors
5,690
Posts
9,579
% About Edge
0.066%
Articles
18
Hold times
0 days
X (Twitter)
22.56% bullish
Sentiment
4.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
5,690 unique individuals are talking about Edge and it is ranked #580 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Edge has an average sentiment score of 88 out of 5. Finally, Edge is becoming less newsworthy, with 18 news articles published about Edge.
On Twitter, people are mostly neutral about Edge. There were 27.17% of tweets with bullish sentiment compared to 20.48% of tweets with a bearish sentiment about Edge. 72.83% of tweets were neutral about Edge. These sentiments are based on 1202 tweets.
On Reddit, Edge was mentioned in 77 Reddit posts and there were 236817 comments about Edge. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.