$EGLD was nearly $500 in 2021.
Today it's trading near cycle lows.
The price has changed.
The technology hasn't.
If market sentiment turns bullish again, don't be surprised if @MultiversX finds its way back onto everyone's watchlist. ๐
Ok so should you be bullish on @MultiversX ?!
According to data on the @chainspect_app platform, MultiversX has hit a new all-time high in terms of weekly activity...
... after processing more than 230,000 transaction in the space of just one day.
At time of writing, the platform's native $EGLD token has a market cap of more than $100 million, but remains suppressed below former highs of nearly $8.7 billion.
$EGLD Looking at the chart, the crowd wonโt even pile in until the price is over $21. You can get in now and have 6x gain before they even arrive!!! My target is still three figures.
Decouple, minimizing correlation, standing on our own terms
For most of its history, this market has moved as one body. When Bitcoin rose, everything rose with it. When Bitcoin fell, even the strongest networks fell too, regardless of what their teams had built, shipped, or proven. That gravitational pull made it easy to forget a simple truth: not all crypto is the same, and not all of it should be priced as though it were.
The last six to twelve months brought the cost of that into focus. Growth stalled. Headwinds settled across the ecosystems. And too often, the value of real work was decided by forces no builder could influence. We do not believe that is the future MultiversX is building toward, and we are no longer willing to leave EGLD's story to be written by Bitcoin.
As we approach the Supernova genesis moment, we are taking deliberate steps to decouple EGLD from its direct correlation to BTC. We are clear-eyed about what this means: no team commands a market by decree. What we can do, and what we intend to do, is build, communicate, and position EGLD so that it is judged on its own terms, not on what Bitcoin happens to be doing on any given day. This means taking steps to delist some EGLD/BTC direct pairs, and give more proactive signal space to EGLD itself.
We believe EGLD's value belongs where its contribution is greatest: in the throughput, the finality, the adoption, and the real-world utility of the network itself. Those are the things we control. Those are the things we are pouring ourselves into. And those are the things that, over time, earn an asset the right to stand on its own.
Supernova is more than a launch. It is the moment we stop being treated as a passenger in someone else's story, and begin being weighted on our own merits. We are choosing decoupling, independence because we believe it is where MultiversX and EGLD have always belonged. To Supernova, and beyond.
there are a couple of voices right now, which are constantly tagging me that MvX is doing a bad job, and we are only wrong, doing only wrong things, nothing is good. while I get that token prices are not where it should be, I do not see everything as black as the community does.
and it is maddening, when I see people writing, yeah I know this is not everyone, that we do not care about the community.
if we didn't care about community, we would not be pushing the technology forward at this rapid pace. if we didn't care about MvX we wouldn't be pushing new technologies and trying out new things, while also keeping the costs low.
i get that people are not seeing a lot of these things, as the token price is not moving, imagine how are we, 99% into the token and the ecosystem and working day and night.
it is a strange market, definitely not a bull market. AI is the main topic now, and blockchain is still trying to find its reason, the reason for its existence. technically it has all the primitives which can make the digital world better, but it did not penetrate into overall usage.
i could compare what are we doing to tens of other projects to demonstrate that we care, none of that matters for some, as they rather write that we do wrong, and we shouldn't compare or shouldn't say that other technology is bad. everyone can write what they want, tag or whatever. but do not distort reality.
we are here to build and we believe that this technology will change the shape of the digital world. yes, everything will be on blockchain.
Shipping ships shipping ships ๐ข
Developer activity, releases, products.
Agentic development.
It starts to get easy when the foundation is solid, safe, scalable, super cheap to experiment and super cheap to actually run as well.
This is @MultiversX
All the agentic stack, all the standards, fully implemented, reachable only by one line, fully understandable by agents.
And not only this. Much more.
The most prepared blockchain for agentic development is @MultiversX
๐ Strong BUY Signal on $EGLD (#MultiversX) Monthly Chart! ๐
The RSI Swing Indicator (7-70-30) just triggered a BUY right on the major horizontal support zone (~$3.68 - $3.95).
After 4 years of brutal bear market, seller momentum is finally exhausting ๐ฅ
Lower Low on price + RSI reacting = classic bear exhaustion setup!
First sign of a long-term bullish reversal? ๐
DYOR โข Always use risk management โ ๏ธ
The new non-negotiable default.
Every time a new frontier AI model drops, the development pipeline pauses. Everything pauses. The entire team redirects to one thing: close every new finding that model just made possible. At maximum speed, with maximum focus.
This is the new operating system for open source security. Not a temporary measure. The permanent default.
โโโ
Here is what changed.
Twelve months ago, a security review meant scanning for known vulnerability classes against a known threat landscape. Today, every frontier model release reshapes what "known" means. Attack vectors that didn't exist as viable threats a year ago are now viable. The raw intelligence available to adversaries has materially elevated in sophistication, speed, and creativity, and it upgrades on someone else's release schedule.
For any team shipping open source infrastructure, the math is simple. Every model release is a security event. The roadmap waits. The hardening doesn't.
โโโ
Here is what makes this moment especially brutal.
A new project can absorb this. Limited surface area, recent assumptions, manageable scope.
But for any team that has been building for years, this is different. At MultiversX we have been building since 2017. Hundreds of thousands of lines of production code. Deeply layered logic across consensus, sharding, virtual machine, networking, and tooling. Battle-tested for years on mainnet, but battle-aged against tools that did not exist when most of it was written.
The last two months have been the most challenging period this industry has faced. Not because the code was weak. Because the tools now available to probe it are categorically stronger than anything that existed when it was written.
This is exactly why Supernova is taking the time it is taking.
Every module. Every assumption. Every surface. All of it is being re-examined against a new baseline. Not the baseline of last quarter. The baseline of last week. 200+ improvements and fixes folded back into mainnet first. Hardening then carried forward into Supernova so it ships above parity, not at parity.
This is the work that doesn't make headlines, doesn't ship features, and doesn't move token prices. But it is the only work that matters right now. Any team telling you otherwise is selling you a timeline they cannot honor.
โโโ
Here is the part no one talks about.
We have been here before. Not this exact moment, but this exact pattern. Every time a new class of threat emerged, whether it was the first buffer overflow exploits, the first internet-connected attacks, the first smart contract reentrancy hacks, the reaction was the same. Alarm. Adaptation. And then, growth that would not have been possible without the pressure.
The internet did not collapse under the weight of its early vulnerabilities. It got hardened, and then it connected the world. Open source did not die when supply chain attacks became real. It got better tooling, better review processes, better community vigilance, and then it became the foundation everything runs on.
This is what humans do. We absorb the shock. We rewrite the assumptions. We build the next layer stronger than the last. And then we move forward faster than before, because the foundation is no longer theoretical. It is proven.
The teams doing the hardening work right now are not falling behind. They are building the floor that the entire next phase will stand on.
That is the floor we are building. And when Supernova ships, it ships on a foundation that has already absorbed the new threat model, not one waiting to discover it in production.
โโโ
The teams still running production two years from now will be the ones that internalized this before it cost them everything.
Pause the pipeline. Close the findings. Harden the system. Then ship.
Every hour invested here compounds.
โโโ
Still here. Still building.
I've defended MultiversX's tech for years
It is best in class, no question
But after watching the market pump centralized chains while billions vanish to hacks
I'm starting to wonder if true decentralization even matters anymore
Supernova has continued delays and best guess is now mid Q3, maybe Q4
Over a year behind schedule
Many are panicking or criticizing the delays but why?
The alternative is rushing broken code to market
And we've seen that movie play out dozens of times
Security has to be #1. Always.
A single critical bug can kill a protocol overnight
User funds gone
Trust destroyed
Game over
So yes, the delays are frustrating
But I'd rather wait than watch another hack wipe out everything thatโs been built
Here's what keeps me up at night though
MultiversX can scale to millions of TPS across 3300+ nodes running on minimal hardware
Truly unmatched in the space when coupled with sub second finality
But will anyone care when it finally ships?
Web3 is drifting toward "acceptable centralizationโ
Single sequencers are rationalized
A hundred nodes controlled by a handful of entities is called decentralized
Centralized bridges settling on decentralized chains? No one blinks
If that's where we're headed, what's the market for a truly decentralized, infinitely scalable chain?
I used to think this was a certainty but now I'm not so sure
What I do know is that we are still incredibly early
There are no winners yet. Not even close.
MultiversX built the foundation for the most secure, scalable, and decentralized chain in existence
That still means something
The question is whether the world will eventually realize it matters
โก๏ธJUST IN: PAYPAL, GOOGLE SAY AGENTIC COMMERCE NEEDS CRYPTO RAILS
PayPal and Google Cloud representatives at Consensus Miami said scaling agentic commerce will require open payment protocols, machine-readable merchant catalogs, and multi-party crypto custody.
The strategy to win big in markets is not dissimilar to winning in poker. Find places where you have significant edge and then bet in size as frequently as you can to capture as much as you can until such time that the edge no longer persists. Itโs that simple. End message.
Transparency the MultiversX community is always asking for
What is revealed is a harsh reality though:
One of the most technically advanced blockchains in the world running on fumes
With a 2026 estimated annual budget that is less than what some large chains and protocols spend monthly
One that is likely funded primarily from token sales
Where I am torn though is on the direction and the proposed budget
๐ธOver 70% spent on Protocol R&D and product development
๐ธ20% for the developer platform
๐ธ5% going towards ecosystem grants
๐ธ4% towards marketing
100k in total allocated to marketing in 2026 for a chain that is mostly unknown to the Web3 space and the world at whole
A figure that is less than what it costs for a team to attend a single event
The team has mentioned on a couple occasions that they took a โbuild it and they will come approachโ that didnโt pan out
Yet the 2026 roadmap seems to stay the course
So why am I torn and still bullish?
As Iโve said over and over again, we are still so incredibly early
Less than .1% of the world uses blockchain tech daily and right now the general perception of crypto and Web3 is garbage
Between presidential memecoins, billions in hacks, and a god aweful UX across much of the space, it is clear that we arenโt even close to escaping the dialup phase of Web3 yet
Remember Netscape browser? Yeah, thatโs how early we still are in the scheme if things
Want proof?
Jump into any peptide chat that only takes crypto and see how much of a cluster F it is for most to figure out
Someone shouldnโt need a 10 step PDF detailing how to pay for a product
So is now the best time to be dumping millions into marketing campaigns while interest is at rock bottom and the system is mostly unusable?
We have teams fighting over who can get their token shown on the Las Vegas Sphere or logo painted on a NASCAR for 7 figures
That is the definition of dumb money and teams would be better off burning their tokens than spending it on dumb crap like that
Now is the time to be hardening the infrastructure
Securing it against future quantum risks
Improving the UX
Building a foundation that devs can actually create something meaningful on
The space as a whole has failed at that for the most part which is why we still have Web2 giants with more devs than the entirety of Web3
Some may argue that we already have winners and that network effects will carry them through
Iโll argue that there is no meaningful network yet
One hack. One crash. One takeover.
Thatโs all it would take to topple any of the major chains now and quickly shift the landscape
AOL, MySpace, Blockbuster, Blackberry, and dozens of other mostly forgotten brands had a bigger footprint on the world than any single protocol does right now
So until the framework is in place and we have something that truly improves the lives of millions or even billions, it is still anyoneโs game
MultiversX seems to be taking an approach with that in mind and it may just be the winning one