Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer
Price is rising because of beta release wallet planned somewhere in september. So price corelates with foreseable big news expected very soon. 
There's no official information on this - please provide a link, or stop spreading misinformation.
Also, I'd suggest to use the new thread here https://bitcointalk.org/index.php?topic=1957064.0.
This thread is old and not maintained anymore.