EspressoESP

The token of Espresso, a network that gives rollups fast shared confirmations and transaction ordering.

Rank #386Since February 2026

Price on 31 Oct 2026

C$0.1189 +31.1% since 31 Jul 2026 · 60.1% below its all-time high

The short version

ESP is staked to run Espresso, a proof-of-stake network that gives rollups such as Arbitrum Orbit chains, ApeChain and RARI fast confirmations that other chains can rely on. The Espresso Foundation (British Virgin Islands) issues it and Espresso Systems (US), led by CEO Ben Fisch, builds it; a16z crypto led its US$28M Series B in 2024. Only 14.5-19.9% of issued ESP circulates. On 31 Oct 2026 one ESP cost C$0.1189. From 31 Jul 2026 to 31 Oct 2026 its price changed +31.1% in Canadian dollars, and it was 60.1% below its all-time high of C$0.2979 set on 24 Feb 2026.^[1]

Checked 31 Oct 2026 · 10 sources · next update about 1 Dec 2026

Price, past year

Since 12 Feb 2026: high C$0.2470 (25 Feb 2026) · low C$0.0728 (16 Feb 2026) · +14.6%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.1205	US$0.0863
30 Sep 2026	C$0.1388	US$0.0975
31 Aug 2026	C$0.1087	US$0.0784
31 Jul 2026	C$0.0992	US$0.0707
30 Jun 2026	C$0.0992	US$0.0699
31 May 2026	C$0.0899	US$0.0651
30 Apr 2026	C$0.0922	US$0.0679
31 Mar 2026	C$0.1113	US$0.0801
28 Feb 2026	C$0.1728	US$0.1263

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.1189^[1]
3-month change: +31.1% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 60.1% below its high of C$0.2979 (24 Feb 2026)^[1]
Market rank: #386, market value about C$84.8M^[1]
Kind: Token · Ethereum (ERC-20); also on Arbitrum
Started: February 2026

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoOnly the RewardClaim contract mints, for network-proven staking rewards; upgrades need a 14-day timelock^{[2, 3, 4]}

Can anyone freeze or take coins from holders?NoToken code has no blacklist, pause or burn-from function; upgrades need a 14-day timelock^{[2, 4]}

Can the token's contract code be changed?YesUpgradeable proxy contract on Ethereum^[5]

Is the supply capped?NoNo maximum supply; staking rewards come from new issuance^[6]

Any scheduled unlocks in the next 12 months?YesMonthly releases continue; the 12 Feb 2027 tranche size is not published^{[7, 8]}

Does a team or foundation hold over 10% of supply?YesContributors, investors and foundation allocations total 56.7% of supply^[7]

Do network fees reach coin holders?NoNo fee sharing or burn found; staking rewards come from new ESP^[6]

Main network hacked or halted in the past 2 years?NoNo incidents in three years per a Feb 2026 disclosure; none found since^{[6, 8]}

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Espresso Foundation (BVI) issues ESP; Translucence Research, Inc. (US, Espresso Systems) builds it^[6]
Founders: Ben Fisch (CEO), Charles Lu (COO), Jill Gunter (CSO) and Benedikt Bunz (Chief Scientist)^[6]
Funding: US$28M Series B led by a16z crypto (Mar 2024); about US$60M raised in total^[9]
Allocation: Contributors 27.36%, investors 14.32%, foundation 15%, future airdrops and grants 24.81%^[7]

Supply

In circulation: 714.54M ESP of 3.62B in total (19.8%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 5.06 times its current market value^[1]
Supply: 3.59B issued, no maximum; 520.5M circulating (CoinMarketCap) or 714.5M (Tokenomist)^{[6, 9, 7]}
Unlocks: 12 Oct 2026 released about 3.87% of circulating; next on 12 Nov 2026^{[8, 7]}
Feb 2027 tranche: Due 12 Feb 2027, likely the first insider release; size not published^[8]
New coins: Staking rewards paid from new issuance^[6]

Use and fees

Main use: Staking and running consensus for rollup confirmations^[6]
Network fees: No fee or revenue data published^[6]
Upgrades: Sub-second finality from 9 Sep 2026, run by about 100 validators^[8]

Trading

Daily trading: About C$6.2M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 4.77% of its market value changes hands each day^[1]
20-week average: 4.5% above its 20-week average price^[1]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins

33% were higher a year later^[10]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: Contributors (27.36%), investors (14.32%) and the foundation (15%) were allocated 56.7% of supply, while only 14.5-19.9% circulates.^{[7, 6]}

The next unlock (community launchpad) is due on 12 Nov 2026; the 12 Feb 2027 tranche size was not published by 31 Oct 2026.^{[7, 8]}
On 23 Oct 2026 the Foundation published a benchmark of 778 ms median settlement on 100 validators, not live-mainnet data.^[8]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.