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The rial has dropped to its lowest value ever, trading at 1,750,000 rials to one US dollar, with the Minister of Finance blaming the impact of its recent war with Israel. Iranian Supreme Leader Ali Khamenei ordered people to reduce consumption of food, water, energy and fuel.
$ESP Espresso (ESP) is a decentralized coordination layer designed to provide fast transaction finality and seamless interoperability for Ethereum rollups. It launched its native token, ESP, on February 11, 2026, transitioning to a permissionless Proof-of-Stake (PoS) network. The project aims to solve "rollup fragmentation" by allowing different L2s to communicate and finalize blocks in seconds rather than minutes. Price Trend Analysis (February 2026) The first week of ESP trading has been characterized by intense volatility typical of new, high-utility infrastructure tokens: Launch & Airdrop (Feb 11–12): The token launched with a 10% airdrop to early participants. Initial price discovery was aggressive, quickly climbing to the \$0.060 range before facing sell pressure from airdrop recipients. The "Shakeout" Dip (Feb 15): ESP hit its All-Time Low (ATL) of \$0.0522 on February 15. This was a critical support test where long-term investors absorbed the initial sell-off. The Bullish Rally (Feb 16–18): Following a surge in trading volume (reaching over \$100\text{M} in 24 hours) and listings on major exchanges like Binance and MEXC, the price entered a parabolic phase. All-Time High (ATH): ESP reached its peak of \$0.0943 on February 18, 2026, marking a significant milestone for the project. Current Consolidation (Feb 19): As of today, the price is retracing and consolidating around \$0.076. This is viewed by analysts as a "healthy" correction, allowing the Relative Strength Index (RSI) to cool down from overbought levels.