Everything You Need To Know About Expanse Coin (EXP)

exp coin

Expanse is another interesting cryptocurrency project, but not for the reasons you probably think. It’s interesting because it started out as the second hard fork of Ethereum rather than going through the usual ICO process.

Anyway, this article will cover everything you need to know about EXP. It will include a brief history of the project, the current price of the token, the exchanges it’s available on, whether it’s a good investment, and more. 

A Brief History of Expanse Coin (EXP)

Expanse Coin was created in 2015 as an Ethereum fork. It had more of a community focus and decentralized nature than Ethereum did in 2015. Unfortunately for Expanse, Ethereum adapted many of the community focused aspects of Expanse into its framework.

However, Ethereum did not take all the aspects. For instance, Expanse has a treasury that allows it to allocate money to different projects and developers to help improve the blockchain. Expanse is also a proof of work (PoW) blockchain like Ethereum. And just like Ethereum, Expanse has plans to become a Proof of Stake (PoS) blockchain.

Who Founded Expanse Coin (EXP)? 

Christopher Franko is the main founder and public face of Expanse. He does have a small development team of blockchain experts, but Franko is the Chief Executive and public face. He is generally considered the founder.

Fortunately, Franko does have a good blockchain development background having developed a few dApps and decentralized autonomous organization (DAOs). He also serves as the CEO of a helmet company called Borderless Inc.

The Use for Expanse Coin (EXP)

The use for Expanse is pretty similar to Ethereum – it has a native token called Expanse Coin that is mostly used for many of the dApps on the blockchain. In fact, most of the trading of Expanse Coin does not even occur on centralized exchanges. 

Instead, it occurs on the main decentralized exchange on Expanse. That decentralized exchange is called EggSwap.

EggSwap is similar to Uniswap in that it is a decentralized exchange that allows users to liquidity farm for rewards or trade coins on the exchange. Now, the offering of coins on EggSwap is obviously limited compared to Uniswap for the simple reason that Ethereum is a much larger blockchain than Ethereum.

However, EggSwap still has trading, staking, and yield farming on a few popular cryptocurrencies such as STK, eBNB (a wrapped version of BNB), and the utility token of the EggSwap – EGG. 

With that in mind, it is possible to earn real money with the yield farming and staking on EggSwap. 

Popular dApps on Expanse

Expanse also has other relatively popular dApps on its blockchain, which only adds to the popularity of the blockchain. 

Some of these dApps include ALYM, WAGMI, and STEAK. 

Now, we say relatively popular because, well, these dApps are popular for Expanse, but in cryptocurrency terms they are not particularly popular. 

For instance, WAGMI has a total liquidity of $11,000 on EggSwap with a 24 hour trading volume of $300. ALYM is about half of that at $6,000 and STEAK is a paltry liquidity of $1,666.

How Much Does Expanse Coin (EXP) Cost

Expanse (EXP) currently costs about $0.14 per coin with a total market cap of $2.8 million. This is obviously low, but the price has quadrupled since January 2021 due to the increasing popularity of EggSwap. 


That is a good sign for the future of the coin.

Unfortunately, the all time high of EXP was $8.76 in January 2018. And it has not come anywhere close to that in the past 3 years. 

With that in mind, the project still makes slow progress. Expanse is certainly not a dead project, but it has not had a breakthrough in popularity in the past six years. 

Where To Buy Expanse Coin (EXP)?

Expanse can be bought on HitBTC, YoBit, Graviex, Bittrex, and VALR.

Those are all centralized exchanges that are fairly trustworthy. Simply choose the cryptocurrency exchange you already use or that has the lowest fees if you want to purchase Expanse (EXP).

Is Expanse Coin (EXP) a Good Investment?

The all-time high is $7.86 and the current price $0.14. That means there is a lot of room for the coin to increase in price. 

Unfortunately, we find the chances of Expanse becoming a mainstream cryptocurrency extremely low at this point. 

The general rule is that if a cryptocurrency has not made the leap to the mainstream in this amount of time, then it will likely never make the leap to the mainstream.

With that in mind, it is still possible that the price could jump up in price before the project dies. Expanse is the type of cryptocurrency that you purchase a small amount of with the hopes that it sees a 200x increase in value.

Is it likely?

No, but it has happened in the past and could happen again with the right marketing and if the gas fees on Ethereum continue to rise.

The Argument for (and against) Expanse

The main argument for Expanse is that the project offers lower fees than Ethereum. We do admit that this is true. 

This is a bit of a paradox, though. Ethereum has high fees and slow transaction times because it has over one million transactions per day (on an outdated architecture). In other words, the popularity of Ethereum has led to its biggest problems – high transaction fees and long transaction times. 

Expanse, and every other Ethereum alternative, does not have this problem because these blockchains do not experience that kind of volume

These Ethereum alternatives oftentimes do, in fact, have better architecture than Ethereum that should scale. The problem still circles back to the fact that the architecture has not been stress tested while Ethereum, with all its faults, has been stress tested.

Final Thoughts

That covers it for a brief overview about Expanse. It’s an interesting Ethereum replacement that has lower fees and a burgeoning decentralized exchange driving its popularity in the current DeFi boom. 

It remains to be seen if Expanse can breakthrough to become a more mainstream cryptocurrency. If the lower fees stay as Expanse becomes more popular, then that makes it an appealing alternative to Ethereum.

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