Latest MultiversX (EGLD) News Update

Deep Dive

1. @NFTMasterpiece: Critical Support Tested Amid FUD bearish

"Weekly close below $12 confirms bearish outlook, downside to $6–7 with no supports."
– NFTMasterpiece (130K followers · 2.4M impressions · 8 September 2025 12:49 PM UTC)
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What this means: Bearish sentiment dominates as EGLD tests its last historical support ($12–13). A breakdown could trigger panic selling, with technical charts signaling no confirmed floors below $6.

2. @Coinspeaker: Supply Cap Removal Sparks Backlash bearish

MultiversX’s proposal to abandon its 31.4M EGLD hard cap and introduce 9.47% inflation (Coinspeaker, 3 October 2025) contradicts its “digital gold” narrative. Critics like CyberCapital’s Justin Bons argue the low 10% fee burn won’t offset dilution.
What this means: This risks alienating long-term holders, as inflation could increase sell pressure from validators and reduce EGLD’s store-of-value appeal.

3. @MultiversX: Governance Participation Hits Records bullish

"94.55% approval for economics overhaul with highest-ever voter turnout" (27 October 2025). Over 40% of staked EGLD participated, with incentives like a 100 EGLD raffle boosting engagement.
– MultiversX (1M+ followers · 6.4K impressions · 27 October 2025 08:00 AM UTC)
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What this means: Strong community alignment with protocol changes could stabilize sentiment if adoption follows, though execution risks remain.

4. @Binance: Soft Staking Goes Live bullish

EGLD added to Binance’s Soft Staking on 20 November 2025, enabling passive yields without locking tokens.
– MultiversX (1M+ followers · 6.4K impressions · 20 November 2025 02:32 PM UTC)
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What this means: Bullish for liquidity and holder retention, as easy staking may reduce sell pressure and attract conservative investors.

Conclusion

The consensus on MultiversX is mixed, torn between fears of token dilution and optimism around governance engagement and product upgrades. Watch the $12–13 support level and inflation proposal implementation – a break below $12 could accelerate declines, while successful staking adoption might cushion downside. Stay alert to developer updates and exchange liquidity shifts.

Deep Dive

1. Supernova Mainnet Launch (Q1 2026)

Overview
Supernova is MultiversX’s largest sharding upgrade since 2023, aiming to boost throughput to 100K TPS and reduce cross-shard latency. The testnet phase concluded in November 2025, with documentation outlining migration steps for developers.

What this means
Bullish: Improved scalability could attract enterprise use cases (e.g., payments, gaming). Risks include potential short-term network instability during migration.

2. Staking v5 Mainnet Deployment (Q1 2026)

Overview
Currently live on testnet, Staking v5 introduces variable rewards based on validator performance and penalties for downtime. It also enables delegated stakers to participate in governance votes directly.

What this means
Neutral-to-bullish: Higher yields for active validators may improve network security but could pressure smaller operators. EGLD’s staking ratio (currently 49%) may rise if incentives align.

3. Governance-Driven Protocol Upgrades (Ongoing)

Overview
Since August 2025, EGLD holders can submit upgrade proposals onchain. Recent votes included adjusting gas fees for smart contracts and integrating privacy primitives for enterprise use.

What this means
Bullish: Decentralized governance strengthens long-term sustainability. However, low voter turnout (40% in October 2025) highlights adoption challenges.

4. Adaptive Tokenomics Implementation (2026)

Overview
A contentious proposal to replace EGLD’s fixed 31.4M supply cap with a variable inflation model (max 8.75% annually) tied to network fees. If approved, 90% of fees would fund builders, 10% burned (Coinspeaker).

What this means
Bearish short-term: Dilution fears contributed to EGLD’s 46% price drop YTD. Bullish long-term: Could incentivize developer activity if adoption accelerates.

5. Growth Games Expansion (2026)

Overview
This ecosystem fund has allocated $15M+ to projects like Philanthrify (charity tracking) and Prediqs (prediction markets). Plans include doubling grants for RWA tokenization tools in 2026.

What this means
Bullish: Targeted funding could diversify MultiversX’s use cases beyond DeFi. Success depends on user adoption metrics for funded projects.

Conclusion

MultiversX is balancing technical upgrades (Supernova, Staking v5) with controversial economic changes, while betting on community governance and ecosystem grants to drive utility. The key question: Can adaptive tokenomics align stakeholder incentives without alienating long-term holders? Monitor developer migration post-Supernova and governance participation rates for directional cues.

Deep Dive

1. Binance Adds EGLD to Soft Staking (19 November 2025)

Overview:
Binance expanded its Soft Staking service to include EGLD, allowing users to earn daily rewards (paid in EGLD) by simply holding the token in their Spot accounts. Balances above 0.1 EGLD qualify, with rewards capped at 10,000 EGLD.

What this means:
This integration could boost short-term demand by attracting yield-seeking holders, though the 10,000 EGLD cap limits upside for large investors. The move aligns with Binance’s strategy to enhance utility for mid-cap assets. (Binance)

2. EGLD/USD Futures Delisted on Binance (7 November 2025)

Overview:
Binance delisted COIN-M EGLDUSD perpetual contracts on 13 November 2025, citing low trading volume. Open positions were auto-settled, though spot trading remains unaffected.

What this means:
The delisting reduces derivatives-driven volatility but may signal waning institutional interest in EGLD derivatives. Traders are now reliant on spot markets and alternative exchanges for leveraged exposure. (CoinMarketCap)

3. Supply Cap Removal Proposal Sparks Debate (3 October 2025)

Overview:
MultiversX proposed replacing EGLD’s fixed 31.4M supply cap with a 9.47% annual inflation rate to fund validator rewards and U.S. expansion. The plan includes burning 10% of fees.

What this means:
This controversial shift breaks MultiversX’s “digital gold” narrative, risking sell pressure from long-term holders. However, it aims to stabilize validator incentives as network usage grows. Critics like Justin Bons argue the inflation rate is unsustainable without fee revenue scaling. (Coinspeaker)

Conclusion

MultiversX faces mixed signals: Binance integrations improve accessibility, but derivatives delistings and inflationary tokenomics inject uncertainty. The project’s ability to balance growth incentives with holder trust will shape EGLD’s trajectory. Can Supernova upgrades and xMoney’s expansion offset dilution concerns?

Deep Dive

1. API Accuracy Upgrade (20 November 2025)

Overview: The latest API release refines data consistency, adds missing fields, and improves token/price data handling.
This update addresses gaps in NFT collections and transaction metadata, ensuring developers access precise on-chain information.

What this means:
This is bullish for EGLD because reliable data feeds reduce integration friction for new projects. Developers can build more accurate analytics tools and DeFi protocols.
(Source)

2. WebSocket Subscriptions (17 October 2025)

Overview: Introduced multi-user WebSocket endpoints for real-time updates on blocks, transactions, and liquidity pools.
The upgrade processes data once and broadcasts it to all subscribers, cutting redundant computations by ~40%.

What this means:
This is neutral for short-term price but bullish long-term – dApps can now stream live data efficiently, enabling faster trading bots and live dashboards without overloading nodes.
(Source)

3. Staking v5 Mainnet Preparation (24 November 2025)

Overview: Completed final testing for Staking v5, featuring dynamic validator rewards and slashing safeguards.
The update allows automatic reward redistribution during validator downtime, reducing manual interventions.

What this means:
This is bullish for network security – validators gain economic incentives to maintain uptime, potentially attracting more participants to secure the chain. Node operators must upgrade before 15 December 2025.
(Source)

Conclusion

MultiversX is prioritizing infrastructure scalability and developer tooling, with API/webSocket upgrades easing dApp creation and Staking v5 tightening network security. While these updates may not immediately reverse EGLD’s -45% 90-day price trend, they strengthen fundamentals for enterprise adoption.

Will accelerated developer activity translate into increased network usage post-Supernova?