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Home»Altcoins»Eden Skyrocket 70% after closing the Eden network
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Eden Skyrocket 70% after closing the Eden network

August 17, 2025No Comments
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Key notes

  • The Eden token jumped 70% in 24 hours to $ 0.0721 with an increase of 409% volume.
  • Eden Network announced that he would close the operations, five years after his debut.
  • Eden tests the upper limit of a long -term symmetrical triangle each week.

Eden, the native token of Eden Network, won 70% in the last 24 hours, briefly reaching $ 0.0721 before paying around $ 0.0,06751 at the time of the editorial staff.

The rally intervenes despite Eden’s announcement that he will close the operations, marking the end of a four -year trip which started as Archer Dao in 2020.


Archer Dao was launched in 2020 on a mission to create a new source of income for Ethereum minors by making the profits of MEV.

In 2021, as the EIP-1559 was promulgated and considerably had an impact on the potential of minors’ income, the mission has become the Eden network to continue to support … pic.twitter.com/hbzbjl2kqt

– Eden Network (@Edentwork) August 12, 2025

The volume of negotiation also exploded 409.25% over the same period, because the traders reacted to the news of the closure and the retirement program of tokens which accompanies it.

Congratulations to Eden for liquidating his DAO in a principle

– Jack-Anorak (@jack_anorak) August 12, 2025

To mine Ally at the stop

Originally launched to generate MeV for Ethereum profits

Ethn
$ 4,549



24h volatility:
2.0%


COURTIC CAPESSION:
$ 549.68 B



Flight. 24 hours:
$ 24.27 B

Miners, Archer Dao renamed the Eden network in 2021 after upgrading the EIP-1559, which reduced the revenue potential of minors.

At its peak, Eden’s partnerships represented more than 50% of the Hashrate d’Ethereum, dealing daily with thousands of transactions thanks to its RPC protected by MEV.

Why is Eden Network stopped?

Post-merge, Eden has become a Mev-Boost relay operator and, at its height, obtained the highest average blocking awards among all the relays. However, the relay and blocking market quickly became saturated and expensive, leaving only a few players.

吴说获悉 , 成立于 2020 年的 Eden Network 宣布即日起停止运营 并启动 , , Eden 代币退市计划。Eden 最初以 Archer Dao 名义推出 , , , MEV 收益为以太坊矿工创造新收入来源 , , 2021 年更名为 Eden Network 后曾与超过 50% 算力的矿工合作 并在合并后转型为 并在合并后转型为 并在合并后转型为 并在合并后转型为 并在合并后转型为 并在合并后转型为 并在合并后转型为 MEV-BOOST…

– 吴说区块链 (@ wublockchain12) August 13, 2025

Despite the obtaining of $ 17.4 million in seed financing in 2021, Eden was unable to maintain his position.

Eden has announced the immediate closure of all EDEN products, including Eden RPC, Eden Bundles and Mempool Stream, while providing alternatives like Protect and Blocknative Flashbots.

A token retirement program will distribute the entire Treasury of Eden 2,000 ETH to Eden holders (non -American residents) at a fixed rate of 0.00001506 ETH per token (~ 66 401 Eden = 1 ETH). The program takes place until September 30, 2025.

EDEN price analysis: symmetrical triangle test

On the weekly graph, Eden tests the upper limit of a long -term symmetrical triangle formation after months of consolidation. The last escape attempt pushed RSI to 66.42, hovering near the territory on the purchase.

Meanwhile, the MacD remains in bullish alignment on the widening of histogram bars, which suggests that the momentum is built.

Price analysis Eden | Source: tradingView

If Eden exceeds the resistance zone from $ 0.033 to $ 0.035 over a strong volume, the next target is nearly $ 0.050, followed by $ 0.072, high involvement during the closing rally.

A decisive escape beyond $ 0.072 could open the door to $ 0.10 in the medium term, making Eden one of the best crypto to buy in 2025. However, a rejection at the current levels could return the token to support around $ 0.022.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Altcoin news, cryptocurrency news, short stories

PARTH DUBEY

Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.

Parth Dubey on LinkedIn





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