Latest Energy Web Token (EWT) News Update

Deep Dive

1. Sentiment Overview

EWT’s community sentiment leans bullish (67 Fear & Greed Index) due to:
- Enterprise traction: Shell’s use of Energy Web for grid flexibility and renewable tracking (Energy Web X).
- Technical momentum: 44.85% monthly and 161.23% 90-day price gains, outperforming Bitcoin (+19.01% monthly).
- Upcoming catalysts: A July 31 webinar on decentralized energy solutions (Energy Web X).

Bearish concerns focus on EWT’s -92% discount vs 2021 ATH ($22.22) and Wallet Investor’s 2030 prediction of $0.08–$0.12 (CoinMarketCap).

2. Key Discussion Themes

• Green-energy utility: Developers highlight Energy Web’s role in carbon tracking and renewable certificates.
• Small-cap speculation: EWT surged 29.1% on July 9 amid a broader shift to altcoins (CoinMarketCap).
• Regulatory tailwinds: Anticipation of climate-focused policies boosting blockchain-based energy solutions.

3. Influential Perspectives

• Energy Web’s CTO Mani Hagh Sefat emphasized enterprise adoption at Web3 Summit (Energy Web X).
• Analysts diverge: CoinCodex sees $1.66–$1.99 for 2025, while DigitalCoinPrice targets $3.38–$3.56 (CoinMarketCap).

Conclusion

EWT’s recent surge hinges on green-tech partnerships and altcoin rotation, but long-term viability depends on real-world adoption outpacing speculative trading.
What milestones could shift Energy Web from a niche utility token to a mainstream clean-energy protocol?

Deep Dive

1. Near-term roadmap (2023 focus)

The April 2023 roadmap (Energy Web) outlined:
- Energy Web X: A blockchain-based system for deploying enterprise "worker node networks" to automate multi-company energy workflows
- Use cases: Integrating distributed renewables into grids and enabling green hydrogen/e-fuels markets
- Tech stack: Focused on verifiable computation and decentralized coordination for energy sector

While these were 2023 goals, completion status remains unclear. No subsequent roadmap documents have been published.

2. Long-term vision

Energy Web’s thesis hinges on two pillars:
- Grid modernization: Using blockchain to manage DERs (solar, batteries, EVs) at scale
- Green markets: Creating trust systems for cross-border renewable energy certificates and e-fuels
Success depends on energy giants adopting Energy Web X – a process likely requiring years of pilot programs and regulatory alignment.

3. Critical context

Three factors could accelerate or delay progress:
- Regulatory tailwinds: EU’s CBAM carbon tax (phasing in 2023-2026) increases demand for auditable green energy tracking – a potential use case
- Competition: Rivals like Power Ledger and Restart Energy target similar markets with simpler solutions
- Token utility: EWT’s role beyond network fees remains undefined in public materials

Conclusion

Energy Web’s roadmap potential hinges on proving Energy Web X’s enterprise value in 2024-2025, but the lack of recent updates makes current priorities unclear. How many active worker node networks are currently operating on Energy Web X, and what real-world assets do they manage?

Deep Dive

1. Business & partnerships

Energy Web announced on 17 July that Shell is using its blockchain for grid flexibility solutions and green energy tracking (Energy Web). This follows their 2017 founding by Rocky Mountain Institute and Grid Singularity to decarbonize energy systems.

The partnership validates EWT’s enterprise-focused approach - 25% of Fortune 500 companies now use blockchain for sustainability reporting per Gartner, creating tailwinds for energy-sector tokens.

2. Technical developments

On 18 July, Energy Web X Marketplace launched new compute pools secured by Polkadot, offering rewards for verified infrastructure providers (Energy Web). This could:
- Increase network participation
- Test scalability under real-world loads
- Create new EWT demand vectors

The upgrade comes ahead of a 31 July webinar about decentralized business logic execution through the InEExE project.

3. Market metrics

EWT surged 29.1% on 9 July amid a small-cap rally, though remains at $1.97 (-91% from 2021 peak). Current metrics show:
- 183% 90-day gain despite -17% BTC dominance shift
- $1.6M daily volume (165% 24h increase)
- 0.027 turnover ratio suggests liquidity risks

Conclusion

EWT combines green tech narrative with measurable enterprise traction, though token economics remain untested at scale. Will accelerating energy-sector adoption outpace the crypto market’s current rotation away from small caps?