Ethernity Chain (ERN) Jump 80% as Binance Pull-in Support it’s Rebrand

Ethernity Chain announce on X $ERN token is becoming EPIC with 97.1% of its DAO community voted to make this happen triggering nearly 80% price jump in the last 24 hours.

Binance will support the ERN to EPIC token swap and rebranding. Additionally, Binance announce update on its platform to reflect this change, potentially causing some market volatility.

Binance has detailed the ERN to EPIC token swap process. Trading of $ERN will halt at 3:00 UTC on March 10th, 2025, with ERN withdrawals ceasing at 3:30 UTC the same day. Deposits of EPIC will begin at 7:00 UTC on March 13th, 2025, and EPIC/USDT trading will open at 8:00 UTC that day.

Binance Support Ethernity Chain Rebrand

Binance is phasing out its $ERN services, culminating in a complete cessation of ERN trading. Cross and isolated margin trading for $ERN will conclude on March 6th, 2025, at 6:00 UTC, with flexible rates and VIP loans ceasing at 3:00 UTC the same day.

Moreover, simple Earn services and subscriptions for $ERN will be disabled at 3:00 UTC on March 7th, 2025, impacting automated and copy trading utilizing $ERN. Details regarding EPIC withdrawals will be announced separately by Binance.

The announcement spurred a dramatic price increase. Within 24 hours, $ERN surged 79.7%, reaching $1.67, accompanied by a more than 2400% increase in trading volume, according to CoinGecko. This significant market reaction reflects strong enthusiasm for the EPIC rebranding and optimism surrounding Ethernity Chain’s prospects, further emphasizing Binance’s considerable influence within the cryptocurrency sphere.

Ethernity Chain (ERN) Market Reaction

ERN’s trading volume exploded by a staggering 2,423.40% in the last 24 hours, reaching $181 million. Although significantly below its all-time high of $73.86, its current price remains robustly above its all-time low of $1.16.

The cryptocurrency boasts a market capitalization exceeding $54 million, based on a circulating supply of 24 million $ERN tokens. Its fully diluted valuation (FDV) is $68 million, representing its maximum potential market cap with a total supply of 30 million tokens.

At the time of writing, $ERN is currently trading at $2.0798 on Uniswap V2, ERN (ERN/WETH) has seen a significant 81.67% price surge in the last 24 hours. This period’s trading volume reached $4.56 million, encompassing 1,545 transactions.

Moreover, the ERN/WETH contract address is 0x570febdf89c07f256c75686caca215289bb11cfc. The token boasts a fully diluted valuation (FDV) of $62.6 million and a liquidity pool of $2.06 million.

Remarkably, $ERN is flourishing amidst a broader crypto market downturn (-15.30%), registering a 58.20% price surge over the past week and outperforming comparable Smart Contract Platform cryptocurrencies, which are down over 18.50%.

What’s Ethernity Chain (ERN)?

Ethernity Chain (ERN) is a cutting-edge Layer 2 Ethereum platform enhancing NFT creation, buying, and selling with AI-powered security. Users earn rewards through ERN token staking and platform governance, while NFT farming opportunities exist via liquidity provision in ERN pools.

A portion of each NFT sale benefits charitable causes. Connecting digital artists and buyers, Ethernity Chain bridges traditional entertainment with blockchain technology, boasting partnerships with prominent figures such as Lionel Messi, Shaquille O’Neal, and Muhammad Ali.

$ERN is a significant player in the Web3 landscape, providing user-friendly tools for brands to develop innovative applications for Web3 gaming, digital collectibles, real-world assets (RWAs), and interactive media. Future endeavors include the FanableApp RWA marketplace and the Exorians sci-fi game.