Eden Token Soars 60% After Network Shutdown Announcement

The Eden Network announced its imminent shutdown, triggering a significant surge in the value of its native EDEN token. Trading at $0.06778 on August 13, 2025, the token experienced a dramatic 60% increase within just 24 hours. This price movement is attributed to market anticipation of the planned distribution of 2000 ETH to EDEN holders. The network has stated its intention to return funds directly rather than continue operations, leading to this rapid price response.