Fresh off a $29.2M Series A raise led by CoinFund
, EDGE climbed roughly
↗7%
over the past day as trading activity picked up.
Multiple signals moving together
The funding round coincided with roughly
↗8%
monthly price gains and increased investor interest, with trading volume running above the broader market average over the past day.
Major funding round completed
The $29.2M Series A
was led by CoinFund with participation from Indicator Ventures, Mantis VC, and others, providing resources for the prediction market infrastructure company to expand.
Trading activity picking up pace
Trading volume remained elevated over the past day while the asset showed high intraday swings of roughly 21.5%, with buying and selling pressure roughly balanced at 49% buyers versus 51% sellers.
Token supply remains well distributed
Only about 26% of the maximum supply is currently circulating, with the top 10 holders controlling less than 1% of tokens, indicating broad distribution across many wallets.