ESP Espresso Rank #467 $0.0720 ▲ 1.08%

Espresso (ESP) is the native token of Espresso, a decentralized confirmation layer designed to serve Layer 2 (L2) rollup chains within the Ethereum and Arbitrum ecosystems. Positioned in the infrastructure and Rollups-as-a-Service (RaaS) category, the project focuses on delivering fast, reliable transaction confirmations backed by Byzantine Fault Tolerant (BFT) consensus. The network functions as a shared coordination layer that L2 chains can plug into in order to access credible, near-instant information about activity on their own chain and across other connected chains. By aggregating confirmations in this way, Espresso aims to improve cross-chain composability, mitigate risks such as sequencer equivocation and chain reorgs, and lower finality risk for solvers operating in intent-based systems. Beyond confirmations, the platform is designed for flexibility, allowing connected rollups to use it as a decentralized sequencer and a low-cost data availability layer. The ESP token was introduced through an Initial DEX Offering (IDO) via the Binance Wallet and was also featured on the Kaito Capital Launchpad.