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edgeX token falls 19% amid cautious trading despite upgrade to StarkEx V2

Protocol Fundamentals
11 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

edgeX (EDGE) token price dropped 19.3% to $0.3756 with market cap down 20% as traders reduced activity despite the project's upgrade to StarkEx V2. The shift aims to enhance derivatives infrastructure with better self-custody and performance, but market participants remain cautious, reflected in a 25.79% drop in Open Interest and neutral funding rates. This reduced leverage and trading volume suggest traders are waiting for clearer signals before re-entering. If participation stabilizes, confidence may return; otherwise, EDGE remains in a volatile post-launch price discovery phase.

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