Deep Dive
1. Technical Reversal (7 August 2025)
Overview:
MYRIA rebounded from critical support at $0.0009905, breaking a descending trendline that had capped prices since early 2025. The token surged 7.9% intraday to $0.001149, with volume supporting the reversal. Bulls now face resistance at $0.001148 – a decisive breach could unlock a 82% rally toward $0.0021.
What this means:
This is neutral-to-bullish for MYRIA as it signals short-term buying interest, but sustainability depends on holding $0.0009905. Failure to break resistance risks retesting support, given the token’s -39% 90-day decline. Traders are monitoring volume trends and Bitcoin’s correlation.
(Cryptonewsland)
2. BYDFi Listing (21 July 2025)
Overview:
BYDFi listed MYRIA for spot trading, enabling MYRIA/USDT pairs with withdrawals active since 24 July. The exchange highlighted Myria’s Layer-2 capabilities: 9,000 TPS throughput, zero gas fees, and NFT minting tools.
What this means:
This is moderately bullish for MYRIA as it improves liquidity (24-hour volume up 41% to $1.44M post-listing) and exposure. However, the token’s turnover ratio of 5.1% suggests thin markets remain a risk.
(BYDFi)
Overview:
Myria launched an AI assistant to streamline Web3 game development, offering code debugging, NFT minting guides, and SDK updates. Integrated with Myria’s ZK-rollup L2, the tool aims to reduce blockchain onboarding friction for studios.
What this means:
This is structurally bullish for MYRIA as developer adoption could drive ecosystem activity. However, impact depends on tangible game launches – only 12 titles are live on Myria as of September 2025.
(Myria)
Conclusion
MYRIA’s recent technical rebound and infrastructure upgrades signal cautious optimism, but the token faces stiff macro headwinds (-59% YoY). Key questions: Will Myria AI catalyze meaningful developer traction, or remain overshadowed by rivals like Immutable X? Monitor Q4 game launch pipelines and L2 user growth metrics.