LayerEdge Price Crash Today: Will $EDGEN Mainnet Launch Spark a Rebound?

EDGEN Mainnet Approaches as LayerEdge Price Plunge Raises Investor Concerns

The cryptocurrency market is once again witnessing turbulence as LayerEdge, the blockchain network powering the EDGEN token, experiences a significant decline in value despite announcing the long-awaited launch of its mainnet. While the project’s developers highlighted the milestone as a leap toward greater adoption, traders remain cautious, signaling deep uncertainties surrounding the token’s future.

In the last 24 hours, the EDGEN token fell nearly 7%, trading at $0.0055 at the time of reporting, with a market capitalization of $1.6 million. Since its initial listing in June 2025, the token has lost nearly 80% of its value, creating mounting questions about whether the mainnet launch can revive investor confidence or if the downward trend is set to continue.

A Launch Overshadowed by Market Doubts

On its official X (formerly Twitter) account, LayerEdge confirmed that its mainnet is scheduled to go live in the coming days. Mainnet launches are typically viewed as critical moments in a blockchain project’s lifecycle, often signaling stability, utility, and long-term vision. However, in this case, the news failed to spark optimism among traders. Instead, the token’s price continued to slide, leaving many questioning the market’s muted response.

Some industry watchers have raised concerns that this is not the first time LayerEdge has announced a mainnet launch, with speculation that it could be the project’s second or even third iteration. Such recurring announcements without sustained growth have prompted fears of the project being a potential “pump and dump” or scam. While there is no direct evidence to label LayerEdge fraudulent, repeated cycles of hype followed by sharp declines have undoubtedly dented market sentiment.

Adding to the skepticism, trading volume for the token also fell sharply by around 35% in the past day, currently at $3.9 million. For analysts, the lack of investor enthusiasm despite what should be a bullish development is unusual. “Normally, a mainnet launch acts as a catalyst for momentum,” said one blockchain analyst. “In this case, the opposite has happened, which shows that trust is thin.”

Why Is LayerEdge Price Dropping?

Several factors appear to be contributing to the ongoing decline in LayerEdge’s price:

Profit-Taking Behavior: After a minor rally in recent weeks, many short-term traders appear to have locked in profits early, fearing further declines. This wave of selling created downward pressure and accelerated losses.

Technical Indicators: According to market data, the Relative Strength Index (RSI) currently sits at 41.13. This indicates that the token is neither strongly oversold nor overbought, but leaning toward bearish sentiment. Similarly, the Moving Average Convergence Divergence (MACD) points to weak selling pressure rather than strong accumulation.

Unstable Market Sentiment: Despite claiming over one million transactions and operating as an EVM-compatible Layer 1 blockchain, LayerEdge continues to face doubts about its long-term viability. Investors remain cautious, with many waiting for concrete evidence of adoption before committing further capital.

The combination of these factors explains why the token’s price has failed to react positively to the mainnet launch announcement.

Can the Mainnet Turn Things Around?

Industry experts remain divided on whether the upcoming mainnet launch will reverse the token’s fortunes. Some argue that the new infrastructure could increase developer activity, attract decentralized applications (dApps), and eventually drive demand for the EDGEN token. Others, however, caution that the announcement alone will not be enough without significant utility, partnerships, or ecosystem growth.

In the short term, the token’s price is expected to remain in a narrow range between $0.0055 and $0.0057. Analysts from CoinGabbar noted that minor upward corrections are possible, but the lack of volume suggests limited buying interest.

In the medium term, the outlook is slightly more optimistic. Should the mainnet rollout prove smooth and transparent, the token could recover toward the $0.0060–$0.0065 range. This would require sustained developer activity and greater visibility in the broader crypto ecosystem.

For long-term investors, the picture is more complex. While some forecast potential growth to $0.0080–$0.0100 in 2025, others warn of the risk of further decline, potentially toward $0.0045–$0.0050, if adoption remains stagnant.

Broader Market Context

The challenges faced by LayerEdge mirror the wider volatility in the cryptocurrency market during 2025. While Bitcoin and Ethereum continue to dominate institutional and retail investment flows, smaller tokens have struggled to maintain momentum. Many projects launched during the latest bull cycle are now grappling with liquidity crises, loss of user confidence, and increased regulatory scrutiny.

In this environment, traders have become more selective, favoring projects with strong fundamentals, transparent teams, and proven track records. LayerEdge, despite its claims of transaction milestones, has yet to establish a reputation that reassures risk-averse investors.

The Skepticism Factor

Crypto analysts stress that skepticism toward emerging projects like LayerEdge is not entirely misplaced. In recent years, the industry has witnessed numerous “next big thing” tokens fail shortly after their highly anticipated launches. Investors, burned by past experiences, now demand clearer roadmaps, consistent communication, and verifiable achievements before committing their funds.

“Projects must deliver real-world utility and not just announcements,” said a senior market researcher. “Without continuous progress, trust erodes, and the market punishes the asset.”

The Path Forward for LayerEdge

Despite its recent struggles, it is premature to dismiss LayerEdge entirely. The project has demonstrated notable progress in technical development and claims to be building a scalable infrastructure for decentralized applications. The mainnet launch represents an opportunity to reset investor perceptions if it is accompanied by transparent communication and measurable adoption.

For the EDGEN token, the coming weeks will be crucial. Price stabilization, increased liquidity, and positive developer feedback could serve as early indicators of a potential turnaround. However, failure to meet expectations may reinforce bearish sentiment, leading to further declines.

Conclusion

The EDGEN mainnet launch has the potential to be a turning point for LayerEdge, but the market’s reaction so far has been far from enthusiastic. With the token already down nearly 80% since its debut and a steep drop in trading activity, skepticism remains high.

Whether the project can defy the odds depends on its ability to convert promises into tangible results. Until then, investors remain cautious, weighing the risk of further declines against the possibility of long-term rewards.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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