We report the flare activity of Wolf359, the fifth closest star to the Sun and a candidate exoplanet-hosting M-dwarf. The star was a target of the Kepler/K2 mission and was observed by the EDEN project, a global network of 1-2m class telescopes for detection and characterization of rocky exoplanets in the habitable zones of late M-dwarfs within 50 light year from the solar system. In the combination of the archived K2 data and our EDEN observations, a total of 872 flares have been detected, 861 with the K2 (860 in the short-cadence and 18 in the long-cadence data, with 17 long-cadence events having short-cadence counterparts) and 11 with EDEN. Wolf 359 has relatively strong flare activity even among flaring M-dwarfs, in terms of the flare activity indicator (FA) defined as the integrated flare energy relative to the total stellar bolometric energy, where FA={sum}E_f_/{int}L_bol_dt~8.93x10^-5^ for the long-cadence flares, whereas for K2 short cadence and EDEN flares, the FA values are somewhat larger, FA~6.67 x 10^-4^ and FA~5.25x10^-4^, respectively. Such a level of activity, in accordance with the rotation period (P_rot_), suggests the star to be in the saturation phase. The size of the starspots is estimated to be at least 1.87%{+/-}0.59% of the projected disk area of Wolf359. We find no correlation of FA with the stellar rotational phase. Our analysis indicates a flare frequency distribution in a power-law form of dN/dE{prop}E^-{alpha}^ with {alpha}=2.13{+/-}0.14, equivalent to an occurrence rate of flares E_f_>~10^31^erg about once per day and of superflares with E_f_>~10^33^erg approximately 10 times per year. These superflares may impact the habitability of system in multiple ways, the details of which are topics for future investigations.