Highlights
Hey Elsa spot trading begins on Biconomy today.
The token price falls 1.76% on huge volume
HeyElsa Airdrop settles Wallchain lawsuit.
HeyElsa AI is a DeFi agentic AI layer that will be a personal crypto copilot to users. The platform automates complicated blockchain activities, including:
Portfolio optimization and token discovery.
Borrowing, lending, and staking.
Cross-chain swaps and bridges.
The project runs on Base, BNB Chain, Solana, and EVM-compatible networks and is a multi-chain solution designed to ease the involvement in DeFi. The HeyElsa wallet and AI-based model of execution prioritize usability instead of manual navigation on the chain.
The token has been made live on Biconomy.com, one of the top-20 crypto exchanges by volume, with users in 180+ countries.
Listing Timeline goes as January 29, 2026, at 12:00 UTC with Elsa Token Listing Price: ~$0.12
The biconomy listing is a major milestone that will enhance accessibility and liquidity, which is a major milestone of the ELSA coin launch.

Source: Official X
In spite of the high-profile listing, the ELSA token price has dropped by 1.76% within the past 24 hours, and it is trading at approximately $0.1174.
The fall seems to be a result of short-term profit booking, post-listing volatility, and continued sentiment of the HeyElsa airdrop changes, although trading volumes are unusually high, indicating active market participation.

Source: CoinMarketCap
The biggest HeyElsa update this week addressed a month-long dispute tied to the Wallchain Quackers campaign. Originally, participants expected 0.3%–0.6% token rewards, but it revised its airdrop framework, citing low on-chain engagement.
On-chain data showed:
46% of wallets had zero activity
Active users of 2 transactions and 1 active day median.

Source: X
Final Resolution Includes:
150,000 USDC paid out in advance through Wallchain.
2% of the total ELSA supply was distributed to eligible users.
3-month cliff + 6-month vesting
Rewards were given to real users of the product, and not harassment and misinformation.
HeyElsa made it clear that it still had a legal right to alter terms before TGE, but it decided to reconcile in good faith.
It published on-chain data stating that 46% of 500 Wallchain wallets were completely inactive, and active wallets had only 2 transactions and 1 active day. This information strengthened the product-first philosophy of the platform, where real usage is important and not mindshare.
Reactions in the community are still divided, yet the update is seen by many as a calculated move to get back on track without jeopardizing the long-term health of the ecosystem.

Source: X
ELSA coin price can be expected to stabilize between $0.11-$0.14 short term based on the current trading volume, exchange exposure, and AI- crypto narrative strength. A long-term trend above $0.15 might be achieved in case of better adoption rates, and a wider market attitude becomes optimistic.
The token goes live on Bithumb Spot today with the ELSA/KRW trading pair, starting at 9:00 AM UTC, January 29, 2026. Deposits via BASE network only (200 confirmations required). The base price is 182 KRW, marking another major exchange milestone as it expands access to South Korean traders.

Source: X
The fact that it has a Biconomy listing, a transparent airdrop resolution, and emphasis on measurable usage makes it a serious competitor in AI-DeFi. Although the short-term fluctuations of the prices remain, the long-term value depends on the implementation and adoption.
Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.