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<h3>Fireline Report</h3>
<p>EDEN's repurchase mechanism was implemented, with a phased increase of over 130%, spot transactions increased, OI was only 12M, and the market value approached the previous high.</p>
<h3>Trading Guide</h3>
<p>Driven by events, there will be short-term fluctuations after the repurchase is completed. Pay attention to the chips above $0.32. Be alert to the pullback if it falls below $0.28.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 10-26 07:24</small><br><small>AI-generated summary, not investment advice</small></p></div>

<h1>EDEN Project Analysis: Price Increase and Buyback Mechanism Clarification</h1><h2> TL;DR</h2><p> After in-depth research, it was found that the 130%+ increase in EDEN tokens and the buyback mechanism corresponded to <strong>two different projects</strong> : <strong>Eden Network EDEN</strong> did see a 137% increase on October 21, but <strong>the buyback mechanism belonged to the OpenEden project</strong> , and the two were not directly related.</p><h2> Price Performance Analysis</h2><h3> Eden Network EDEN increase details</h3><table><thead><tr><th> date</th><th> Opening price</th><th> Highest Price</th><th> Lowest Price</th><th> Closing price</th><th> 24h increase</th><th> Market capitalization</th></tr></thead><tbody><tr><td> October 20</td><td> $0.0100</td><td> $0.0237</td><td> $0.0100</td><td> $0.0237</td><td> +137%</td><td> $3.8M</td></tr><tr><td> October 21</td><td> $0.0237</td><td> $0.0237</td><td> $0.0209</td><td> $0.0224</td><td> -5.5%</td><td> $3.6M</td></tr><tr><td> October 22</td><td> $0.0224</td><td> $0.0224</td><td> $0.0209</td><td> $0.0209</td><td> -6.7%</td><td> $3.3M</td></tr></tbody></table><p> <strong>Key findings</strong> :</p><ul><li> <strong>Increase confirmed</strong> : Eden Network EDEN did increase by 137% on October 21, which is consistent with the description of &quot;over 130%&quot;.</li><li> <strong>Very low trading volume</strong> : The average daily trading volume is only $50-370, which is a low-liquidity speculative behavior</li><li> <strong>Subsequent decline</strong> : After the increase, the price continued to decline, and as of October 25, it had fallen back to $0.0150 (-37%).</li></ul><h3> Technical Analysis</h3><p> As a retired MEV protection project, Eden Network’s token lacks fundamental support:</p><ul><li> <strong>Project status</strong> : Operations announced to cease in 2021</li><li> <strong>Circulating Supply</strong> : 159M EDEN, fully released</li><li> <strong>Liquidity risk</strong> : extremely low trading volume is easily manipulated</li></ul><h2> Analysis of the repurchase mechanism</h2><h3> OpenEden Buyback Program Details</h3><p> <strong>OpenEden</strong> (a project that actually has a repurchase mechanism) is an RWA tokenization platform that focuses on the tokenization of US Treasury bonds:</p><p> <strong>Repurchase mechanism structure</strong> :</p><ul><li> <strong>Source of funds</strong> : Protocol income (treasury bond income, handling fees) + Treasury reserves (15% token allocation)</li><li> <strong>Execution method</strong> : Buy back EDEN tokens from the open market and then destroy or stake them to the xEDEN contract</li><li> <strong>Goal</strong> : Reduce the circulating supply and support the stability of token value</li></ul><p> <strong>Key developments in October</strong> :</p><ul><li> <strong>October 15</strong> : S&amp;P assigns TBILL a dual rating (AA+f credit rating), boosting the protocol&#39;s revenue potential.</li><li> <strong>October 24</strong> : The OpenEden Foundation released details on the token buyback process, clarifying the deflationary mechanism of &quot;increasing the total locked EDEN amount&quot;</li></ul><h2> On-chain data verification</h2><h3> Eden Network Activity Analysis</h3><p> <strong>Trading activities</strong> :</p><ul><li> Total trading volume: $1,022 (6-day total)</li><li> Coin holding addresses: 4,211 (basically unchanged)</li><li> Large transactions: No transactions exceeding $100</li></ul><p> <strong>Key conclusions</strong> :</p><ul><li> <strong>No evidence of buyback</strong> : On-chain data shows no large purchases, destruction, or abnormal capital inflows</li><li> <strong>Speculative nature</strong> : The 137% increase is purely short-term speculation under low liquidity.</li></ul><h2> Project Comparison</h2><table><thead><tr><th> feature</th><th> Eden Network</th><th> OpenEden</th></tr></thead><tbody><tr><td> Token Symbol</td><td> EDEN</td><td> EDEN</td></tr><tr><td> Project Status</td><td> Retired (2021)</td><td> Active operations</td></tr><tr><td> Market capitalization</td><td> $2.4M</td><td> $215M</td></tr><tr><td> Buyback mechanism</td><td> ❌ None</td><td> ✅ Yes</td></tr><tr><td> October performance</td><td> +137% price fluctuation</td><td> Repurchase plan announced</td></tr></tbody></table><h2> in conclusion</h2><p> <strong>Separating Price from Mechanism</strong> : The market narrative of &quot;EDEN buyback + 130% price increase&quot; is actually a conflation of two separate events. <strong>Eden Network&#39;s price speculation is unrelated to OpenEden&#39;s buyback mechanism</strong> . Investors should distinguish between different EDEN projects to avoid misjudgments that could lead to confusion.</p><p> <strong>Risk Warning</strong> : Eden Network EDEN is a legacy token from a retired project. It carries a high risk of sudden price fluctuations due to its extremely low liquidity. Pursuing price increases is not recommended.</p>
