Can EdgeX Reach $1.60? What the Charts and Prediction…

The EDGE token was changing hands near $0.56 to $0.57 in early September 2026, giving the EdgeX perpetual DEX a market capitalisation of roughly $196 million to $199 million, according to CoinGecko data. The token rallied more than 50% in the week after EdgeX said on September 3 that it would become the primary perpetuals venue on Circle's Arc mainnet, which launches on September 16. A $1.60 price target implies upside of about 181% to 186% from current levels.

Platform metrics

EdgeX ranked as the fourth-largest perpetual DEX by holders and monthly volume in late 2025. The platform processed $167.2 billion in monthly trading volume in November 2025, equal to 14% of the perpetual DEX market, per The Block. It onboarded more than 154,000 users and accumulated $437.8 million in total value locked, a 1,329% increase from July 2025. November 2025 fee revenue reached $45 million, with the fourth quarter of 2025 totalling $106.9 million. The venue handles over 200,000 orders per second with latency under ten milliseconds, and around 40% of volume comes from mobile apps. EdgeX leads Japan by volume and ranks second in South Korea, offering more than 100 trading pairs with up to 100x leverage on major markets.

Spot trading arrived in December 2025, US equity perpetuals in January 2026 and a Polymarket integration in February 2026, followed by a V2 architecture migration on June 2, 2026. EDGE crashed 71% that day; EdgeX's post-mortem blamed "deliberate attempts by certain external party to manipulate the market price." Some 174 addresses sold 159,000 EDGE within a minute during a low-liquidity window, triggering liquidations that erased 68.2% of long positions. The platform ran a compensation programme of up to $100,000 USDC per affected user, with a second EDGE-denominated tranche due in April 2027. All net profits are committed to token buybacks.

Technically, the 14-day RSI climbed to roughly 70, the MACD flipped to a bullish crossover and price moved above the 50-day simple moving average of $0.3894, with daily volume averaging about $15 million. The broader Fear and Greed Index reads 74. The Arc launch adds round-the-clock FX perpetuals, starting with USD/JPY, alongside more than 150 existing markets.

Forecasters remain far more cautious than the $1.60 target. 3Commas projects $0.57 to $0.67 for Q4 2026, WEEX sees $0.5493 by December 2026 and $0.5982 in 2027, and Bitget models $0.6110 at end-2026, $1.21 by 2040 and $1.97 by 2050. Still, EDGE traded as high as $1.54 on May 22, 2026, within 4% of the target, before the June crash.

The largest overhang is supply: of one billion EDGE tokens, only 350 million circulate, with 65% locked until March 31, 2027. Distribution allocated 25% to a Genesis airdrop, up to 5% to a pre-TGE season and 70% to ecosystem, core contributors and foundation reserves. US and other jurisdictional restrictions also narrow the buyer base, leaving the March 2027 unlock as the next major test of price stability.