Binance has officially announced the listing of Espresso Foundation’s native token $ESP on its spot markets starting February 12, 2026, with trading pairs including ESP/USDT, ESP/USDC, and ESP/TRY. Deposits open just before trading begins, and withdrawals will start on February 13. Tokens previously on Binance Alpha will be removed after the spot listing goes live, but users can still trade/sell from Alpha balances briefly. Binance has applied a Seed Tag to $ESP, signaling it as an early-stage, potentially higher-risk token trading may be more volatile, and users may need to complete quizzes to ensure awareness of risks.
🔷 What is Espresso Foundation?
Espresso Foundation is a blockchain infrastructure project focused on building a shared sequencer and confirmation layer for the Ethereum ecosystem, especially for Layer‑2 rollups and appchains. Its goal is to make multiple chains work together smoothly and securely speeding up transaction finality and boosting interoperability.
In simpler terms:
It helps multiple blockchains communicate and finalize transactions faster.
It reduces reliance on centralized sequencers used by individual rollups.
🔷 What Problem Does Espresso Solve?
Many Layer‑2 rollups depend on centralized sequencers trusted operators that order transactions. This can lead to:
Censorship risk
Slow cross-chain interactions
Reliance on bridges
Espresso fixes this by creating a decentralized sequencing and confirmation layer, allowing rollups to finalize blocks faster and share secure transaction ordering.
🔷 About the $ESP Token
The $ESP token is the native utility token of the Espresso Network and plays key roles such as:
✅ Staking - securing the network via decentralized proof-of-stake
✅ Validator participation - top stakers help confirm blocks
✅ Paying protocol fees and incentives
✅ Governance and ecosystem growth
Tokenomics highlights:
• Initial supply: ~3.59 billion $ESP
• Allocation for team, contributors, investors, future incentives, airdrops, and liquidity
• 10 % allocated to airdrop (fully unlocked at launch)
• Rewards & staking incentives to encourage participation
🔷 Ecosystem and Backing
Espresso has strong institutional backing, including funding from top crypto VCs like a16z, Sequoia, Electric Capital, and more, raising around $60 M+ overall. The network is already live on mainnet, supporting real-time cross-chain activity with low costs, fast finality, and shared sequencing infrastructure.
📈 Why the Project Matters
If successful, Espresso could become a neutral infrastructure layer that many rollups plug into for faster, safer finality and smoother interoperability something increasingly crucial as Ethereum’s Layer‑2 ecosystem expands.
📊 Why the Binance Listing Matters
✅ Broader exposure - Spot listing allows regular traders to buy/sell $ESP easily
✅ Multiple trading pairs - USDT, USDC, and TRY for flexibility
✅ Market interest rising - Listings often bring more attention and liquidity, especially for strong projects like Espresso
🔍 Safety Reminder
Even with a big exchange listing, $ESP an early stage token with a Seed Tag. All crypto carries risk and volatility. Always DYOR (Do Your Own Research) before trading.
