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Home DeFi NFT

rewrite this title and make it good for SEO Binance Lists Espresso (ESP) For Spot Markets – NFT Plazas

NFTPlazas by NFTPlazas
February 12, 2026
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On February 12, 2026, Binance officially announced the listing of Espresso (ESP) for spot markets, signaling a major endorsement for modular blockchain infrastructure. Such strategic actions come after the successful Pre-TGE event on Binance Alpha, which sparked intense community interest. Trading opened with a “Seed Tag” applied, reflecting both innovative potential and inherent early-stage volatility.

Learn more: Binance Review 2026: Features, Fees & Security Explained

What is Espresso (ESP)?

What is Espresso (ESP)?

Source: espresso.foundation

Espresso functions as a specialized coordination mechanism for rollup sequencers, built as an EigenLayer Actively Validated Service (AVS). Centralized sequencing is a big weakness for many Layer 2 networks, so Espresso reduces this risk by using a Proof-of-Stake (PoS) consensus model. Robust security inheritance from Ethereum allows Espresso to provide credible neutrality for any application or rollup integrated into its network. In addition, developers gain the ability to outsource sequencing tasks without sacrificing the decentralization principles that define Web3.

Efficiency drives the core logic of the Espresso Sequencer Marketplace. Rollups typically manage their transaction ordering, yet Espresso allows these networks to sell sequencing rights to a decentralized pool of block builders. Specifically, Auction Solvers manage a complex bidding process where sequencers compete for the right to bundle payloads. Such a competitive environment optimizes revenue for rollups while ensuring that transaction ordering remains transparent and tamper-proof.

Beyond technical development, significant capital infusions have accelerated the project’s roadmap. Espresso Systems successfully raised over $60 million across multiple funding rounds to cement its position as a market leader. Notably, a Series B round in early 2024, led by a16z crypto, injected $28 million to fuel ecosystem growth. Previous backers include heavyweights such as Sequoia Capital, Greylock, Electric Capital, and Coinbase Ventures, reflecting deep institutional confidence in modular infrastructure.

What is Espresso (ESP)?What is Espresso (ESP)?

Source: ICO Drops

Furthermore, permissionless participation ensures that anyone can join the validator set, removing traditional gatekeepers from the scaling process. Collaborative efforts between multiple blockchains become seamless under this framework, as Espresso acts as a universal glue for cross-chain communication. Ultimately, by shifting transaction processing to a decentralized Layer 2 architecture, Espresso successfully alleviates mainnet congestion while maintaining Ethereum-level security guarantees.

ESP Token Details

ESP tokens serve as primary utility and governance assets within the Espresso ecosystem. Staking these tokens powers the proof-of-stake (PoS) consensus mechanism, allowing validators to secure the network and earn rewards. Dedicated portions of the supply support ecosystem growth and community airdrops, ensuring tokenomics structures aim to bootstrap a wide and decentralized user base from day one.

Your $ESP works harder when you stake it.

Delegate your allocation to secure the Espresso Network and become eligible for up to 420% boosted rewards the longer you stake.

Stake your ESP: https://t.co/Rb3yfUjFKr

— Espresso Foundation (@espressoFNDN) February 12, 2026

Token Name: Espresso (ESP)

Initial Total Supply: 3,590,000,000 ESP

Circulating Supply at Listing: ~600,000,000 ESP (16.7%)

Smart Contract (Ethereum): 0x031de51f3e8016514bd0963d0b2ab825a591db9a

Smart Contract (Arbitrum): 0x3b8db18e69d6686ad9371a423afe3dd1065c94f1

ESP Allocation

Strategic distribution of the 3.59 billion ESP tokens balances immediate liquidity with long-term network security. Community members received a 10% airdrop at launch to ensure decentralized governance from day one. Meanwhile, core contributors and institutional investors hold 27.36% and 14.32% respectively, both governed by a one-year cliff and four-year linear vesting. Remaining funds support the Espresso Foundation (15.00%) and future ecosystem incentives (24.81%), while 4.50% guarantees exchange liquidity.

Learn more: What is Tokenomics? A Beginner’s Guide to Tokenomics in 2026

Community: 10.00% (TGE Unlocked)

Team/Investors: 41.68% (5-year Vesting)

Ecosystem/Foundation: 39.81% (Long-term growth)

Liquidity/Staking: 8.51% (Market stability)

ESP AllocationESP Allocation

ESP Allocation

Binance Listing Information

Binance officially listed Espresso (ESP) on February 12, 2026, following its transition from the Binance Alpha pre-listing pool. Exchange officials applied a “Seed Tag” to the token, requiring users to pass specialized risk quizzes every 90 days to maintain trading access.

Listing Date: February 12, 2026, at 13:00 (UTC)

Spot Trading Pairs: ESP/USDT, ESP/USDC, and ESP/TRY

Deposit Opening: One hour prior to trading

Withdrawal Opening: February 13, 2026, at 13:00 (UTC)

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