Espresso Network Launches ESP Token with 10% Airdrop for Ethereum Layer-2 Scaling

The Espresso network has officially launched its native ESP token, allocating 10% of the total supply to a community airdrop. This strategic move occurs during a pivotal debate on the future of Ethereum's layer-2 (L2) scaling solutions. Espresso positions itself as a decentralized sequencer, aiming to enhance interoperability and shared security across the L2 ecosystem. The airdrop targets early users and contributors, incentivizing participation in its growing network. The launch underscores the intensifying competition and innovation within the Ethereum scaling landscape as projects vie for market share and user adoption.