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My personal motto is to always apply for jobs lol. I’m on a heavy project right now and we just got hit with even more work, and I just submitted my resume for other projects. If I’ve learned literally anything from other people it’s that company loyalty doesn’t matter- always be selfish and choose yourself
Respectfully, it’s unlikely that you’re particularly irreplaceable. This is not to say you might not provide tremendous value, but rather that there world isn’t going to crash and burn if you leave to pursue an opportunity that provides more value for you. If you find a job elsewhere that is better for you, you should pursue it. It’s YOUR career you’re managing first and foremost.