ELYSIA (EL) Price Prediction

Deep Dive

1. RWA Adoption in Southeast Asia (Bullish Impact)

Overview: ELYSIA’s August 2025 Bitkub listing and Thailand-focused consortium aim to bridge Korean and Thai real asset markets via tokenized stablecoins and education programs. Bitkub has 5M+ users, and the partnership includes a $10M-backed RWA proof-of-concept targeting cross-border liquidity.

What this means: Successful adoption in Thailand – a crypto-friendly market with growing institutional interest – could increase EL’s utility as a governance and fee token, aligning with the RWA sector’s 240% YoY growth (Messari).

2. waveX Perpetual DEX Integration (Mixed Impact)

Overview: ELYSIA’s July 2025 strategic investment in waveX includes co-developing RWA-based perpetual markets and EL token integration. While this expands DeFi use cases, waveX’s nascent traction (launched Q2 2025) poses execution risks.

What this means: Demand for EL could rise if RWA derivatives gain popularity, but reliance on waveX’s success – competing against dYdX and GMX – adds volatility.

3. Circulating Supply Uncertainty (Bearish Risk)

Overview: Discrepancies persist between exchanges (6.8B EL circulating) and tracking platforms (4.89B). The team claims full unlock since 2021, but ~2B EL in foundation wallets remain excluded from some metrics.

What this means: A supply reclassification could dilute prices short-term, though proactive CMC outreach (Jan 2024 update) suggests gradual resolution.

Conclusion

ELYSIA’s price hinges on delivering Southeast Asian adoption while navigating supply optics. Technicals show neutral momentum (RSI 59.15, MACD convergence), but a break above the 50% Fibonacci retracement ($0.00499) could signal bullish reversal. Will RWA derivatives volume offset supply risks by Q4?