Elixir ELX Soars as deUSD Unlocks Billions in RWA! Can It Still Go Up By 1,000%?

Elixir’s token ELX has surged 71% in the past 24 hours, drawing renewed attention from both retail and institutional traders. But this isn’t just a short-term pump. 

The rally is fuelled by real momentum in the real-world asset (RWA) sector, combined with the growing impact of Elixir’s native stablecoin, deUSD. 

With major firms like BlackRock and Apollo already involved and ELX still trading well below its historical highs, market participants are beginning to wonder: can this token still climb 1000%?

Why deUSD Is Fueling the Rally in ELX

The sudden spike in ELX price comes directly after a wave of updates from the Elixir team detailing the rapid adoption of deUSD. 

This yield-bearing synthetic dollar is not just another stablecoin. It is designed specifically to bridge the gap between tokenized real-world assets and DeFi. 

Traditional tokenized products have long been criticised for being static and isolated. Funds from real estate, treasuries, or institutional portfolios may exist onchain, but they are rarely usable within lending platforms, automated market makers, or derivatives markets.

Elixir addresses this limitation head-on. deUSD is minted directly by fund issuers like Hamilton Lane and Securitize. 

It is fully collateralised, trustlessly redeemable, and composable across DeFi platforms. This allows large-scale capital ,  including BlackRock’s BUIDL, Hamilton Lane’s SCOPE, and Apollo’s ACRED ,  to participate actively in onchain finance. 

Instead of acting as passive representations of offchain wealth, these tokenized assets become usable money.

This positions Elixir at the heart of the RWA narrative. Billions in capital that were previously locked in non-functional wrappers are now entering protocols where they can generate yield and deepen liquidity. This is not a long-term roadmap or theory. 

It is already live and functioning today. deUSD is transforming idle capital into productive liquidity, which helps explain why ELX is rallying so aggressively. It’s not just hype. It’s adoption.

Read more: Elixir: Revolutionizing Orderbook Liquidity

A Closer Look at ELX Price Momentum and Network Growth

The market data paints a clear picture of rising interest and activity. At the time of writing, ELX is trading at $0.1581, having reached a 24-hour high of $0.1701. This marks a 71.4% price increase over the past day, placing it among the top gainers on major tracking platforms. 

Volume has also exploded, reaching $75,993,351 in 24 hours ,  a massive surge compared to previous weeks. The market cap currently sits at $25,234,386, while the fully diluted valuation based on total supply is $158,051,584.

The circulating supply is 159,659,181 ELX, with a maximum supply of 1 billion tokens. That puts current supply at just under 16%, leaving room for long-term emission through validator incentives and ecosystem development. 

But what’s notable is that the price is still far below where many believe it could be heading. Compared to projects with similar integrations and throughput, ELX appears significantly undervalued.

On the infrastructure side, Elixir is delivering real network performance. It has processed over 332 million transactions, with total volume exceeding $5.1 billion. 

The network averages 389 transactions per second and is powered by a global validator set of over 30,000 participants using delegated proof of stake consensus. 

These figures show that the protocol isn’t just a speculative layer. It is already supporting high-throughput operations with strong decentralisation and performance.

The validator network also enforces fraud proofs on Ethereum mainnet, ensuring that both deUSD minting and exchange operations remain verifiable and secure. 

With live integrations across exchanges like Vertex, Orderly, and dYdX, Elixir is not only creating a stablecoin. It is powering the backend infrastructure for liquidity provisioning and orderbook depth across decentralised venues.

Read more: How to Earn Potions on the Elixir Network: A Complete Guide

Can ELX Realistically Rise Another 1000%?

With the current rally underway, the natural question becomes whether ELX can sustain this momentum and potentially reach a 1000% gain. From a purely numerical perspective, such a move would imply a price target of over $1.50. 

While ambitious, this target is not impossible when taking into account the scale of the opportunity and the low base valuation from which the token is starting.

The most compelling case for further upside lies in the ongoing tokenization of traditional assets. 

In recent weeks, projects like Blocksquare announced plans to bring $1 billion worth of U.S. real estate onchain. JPMorgan, BlackRock, and other major institutions are all exploring tokenization of bonds, private credit, and treasuries. This is not theoretical. It is happening now.

However, tokenization alone does not guarantee DeFi integration. That’s where Elixir has a decisive advantage. 

By enabling composability and usability through deUSD, the network gives these assets something they previously lacked ,  utility. And with each new protocol that integrates deUSD as collateral or exchange liquidity, the value of ELX as a native asset increases.

Further supporting this view is Elixir’s exchange infrastructure roadmap. The network is being adopted by permissionless listings on dYdX and trustless market making on Orderly and Vertex. 

These platforms rely on Elixir’s validator and relay node system to secure their orderbooks. In this way, Elixir is both a capital bridge and a liquidity engine.

Considering the combination of real usage, growing market demand, institutional trust, and a still modest market cap, the path to a 10x return for ELX may not be as unrealistic as it sounds. 

It will ultimately depend on execution, protocol stability, and the continued expansion of RWA volumes across DeFi. But as it stands, Elixir is arguably one of the few RWA-focused protocols already doing what others are still promising.

Trade ELX with Ease on Bitrue

As more traders seek to gain exposure to RWA infrastructure, finding a reliable exchange becomes critical. 

Bitrue is one of the top options for accessing ELX. The platform provides smooth trading execution, competitive fees, and a strong track record for supporting DeFi-native tokens. 

Whether you're a retail investor chasing this breakout or a long-term holder looking for deep liquidity, Bitrue offers a secure and accessible trading environment.

Bitrue has built a reputation for onboarding innovative projects early and supporting them with features like staking, flexible trading pairs, and futures. 

As Elixir continues to expand, having access to a liquid exchange like Bitrue gives traders an easy entry point into one of the most promising RWA ecosystems currently live onchain.

Conclusion

Elixir’s 71% price surge is more than just a headline. It reflects a deeper shift in DeFi, one where real world assets are no longer passive wrappers but active participants in liquidity generation and onchain finance. deUSD is at the centre of this transition, and ELX is the token capturing that value. 

With institutional capital already flowing in and DeFi integrations accelerating, ELX may just be getting started. A 1000% move sounds aggressive, but for a protocol already delivering where others are still building, it is not out of the question.

Frequently Asked Questions

1. Why is ELX going up?
ELX is rallying as Elixir’s deUSD stablecoin unlocks billions in tokenized capital for DeFi, attracting attention from both institutional players and crypto investors.

2. What makes Elixir different from other RWA protocols?
Elixir enables actual DeFi utility for tokenized assets through deUSD, allowing them to be used as collateral, traded, and integrated into exchanges in real time.

3. Where can I buy ELX?
ELX is available on Bitrue, one of the most reliable and user-friendly platforms for trading RWA and DeFi tokens securely.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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