XcesBond

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.