🔷 Crypto X-Ray #9:
$EGLD — a network at 600 ms, DeFi at $12.9M
In short: an L1 with sharding got 10x faster, but TVL is just $12.86M, and market cap is about $113–117M. The track is new, and there are hardly any cars on it.
The conflict: Supernova (September 10) delivers 600 ms blocks and ~170 ms finality, according to the team. But daily DEX volume is around $193K, and daily fees are about $51.
Tokenomics: starting December 2, 2025, inflation begins at 8.757% and falls by 0.25 percentage points a year until it reaches 2%. The old 31.4M cap is no longer a limit.
The inside story: the network was halted on September 19 due to a VM bug exploit and restored on September 24. This wasn’t scheduled maintenance.
Verdict: the technology is there, but demand hasn’t been proven. Only buy if you’re prepared for a 30% drop.
Action: I’m watching TVL and net issuance, not speed.
Not for: those expecting a quick return to the ATH ($545.64).
Do you believe in Supernova, or will inflation be too much to survive?
#CryptoRay #EGLD