MultiversX (EGLD) Price, Charts, Market Capitalization

MultiversX (EGLD) Graphics

MultiversX (EGLD) is a next-generation blockchain protocol that delivers high scalability, security, and decentralization while focusing on Web3, decentralized applications (dApps), and metaverse integration. Previously known as Elrond, the project underwent a strategic rebranding in 2022 to align itself with the growing demand for metaverse infrastructure and advanced blockchain solutions.

The EGLD token serves as the native cryptocurrency of the MultiversX ecosystem, powering transactions, staking, smart contracts, and governance. With cutting-edge technology like Adaptive State Sharding and Secure Proof-of-Stake (SPoS), MultiversX aims to be one of the fastest, most efficient, and most developer-friendly blockchain platforms in the industry.

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What Is MultiversX (EGLD)?

MultiversX is a high-speed, layer-1 blockchain platform designed to support next-generation Web3 applications, digital finance, and metaverse projects. The platform distinguishes itself through its ability to handle up to 100,000 transactions per second (TPS) with ultra-low fees and minimal energy consumption.

Unlike traditional blockchain networks, MultiversX is built for scalability and efficiency, making it an ideal ecosystem for developers, businesses, and enterprises looking to leverage blockchain technology.

How MultiversX Works

MultiversX employs advanced blockchain innovations to achieve high throughput, low latency, and enhanced security.

🔹 Adaptive State Sharding – A unique method that splits the network into smaller parallel shards, allowing multiple transactions and smart contracts to be processed simultaneously.
🔹 Secure Proof-of-Stake (SPoS) – A consensus mechanism that randomly selects validators based on staked EGLD tokens to ensure fast and secure transaction validation.
🔹 Metaverse & Web3 Integration – Provides a fully decentralized, scalable environment for dApps, NFTs, and metaverse applications.
🔹 Cross-Chain Compatibility – Enables seamless interoperability between MultiversX and other blockchain ecosystems.

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Key Features of MultiversX (EGLD)

✅ High-Speed Transactions & Scalability

• Capable of processing 100,000+ TPS with sub-second latency.
• Adaptive State Sharding ensures dynamic scalability, reducing network congestion.

✅ Secure & Decentralized Proof-of-Stake Model

• Uses Secure Proof-of-Stake (SPoS) to ensure fast, secure, and energy-efficient transaction processing.
• Unlike Proof-of-Work (PoW) blockchains like Bitcoin, SPoS significantly reduces energy consumption while maintaining decentralization.

✅ Developer-Friendly Ecosystem

• Provides developer tools, smart contract support, and a user-friendly SDK for easy dApp deployment.
• Supports Rust, Solidity, and WebAssembly (WASM) for smart contract development.

✅ EGLD Token Utility & Staking Rewards

• Transaction Payments – EGLD is used to pay for gas fees, smart contract execution, and network services.
• Staking & Governance – EGLD holders can stake their tokens to earn passive rewards and participate in on-chain governance.
• DeFi & NFT Integration – Supports decentralized finance (DeFi) applications and NFT marketplaces.

✅ Metaverse & Web3 Expansion

MultiversX has launched a suite of metaverse-focused products, including:

• xPortal – A decentralized identity and digital wallet for managing NFTs, assets, and identities.
• xFabric – A no-code solution for creating metaverse environments and dApps.
• xWorlds – A virtual metaverse infrastructure, supporting digital assets and interactive virtual worlds.

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Market Value & Tokenomics

As of February 18, 2025, EGLD is trading at approximately $21.65 USD.

• Total Supply: 31.4 million EGLD tokens.
• Circulating Supply: Approximately 26.5 million EGLD tokens.
• Market Capitalization: Over $575 million USD.

With its strong focus on Web3, DeFi, and metaverse infrastructure, EGLD tokens are expected to play a vital role in the future of decentralized applications and digital economies.

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Pros and Cons of MultiversX (EGLD)

✅ Pros

✔ High-Speed, Scalable Blockchain – Handles over 100,000 transactions per second (TPS).
✔ Low Transaction Fees – Provides cost-effective blockchain solutions for businesses and developers.
✔ Metaverse & Web3 Adoption – Positions itself as a leading blockchain for digital identities, metaverse applications, and DeFi.
✔ EGLD Token Utility – Supports staking, governance, and DeFi integration.
✔ Developer-Friendly & Interoperable – Allows cross-chain communication and easy dApp deployment.

❌ Cons

✖ Market Volatility – EGLD’s price fluctuates based on crypto market trends and adoption rates.
✖ Competition from Other Layer-1 Blockchains – Faces rivalry from Ethereum, Solana, and Avalanche.
✖ Relatively New in Metaverse Development – Requires wider adoption and ecosystem expansion.

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Future Roadmap of MultiversX

🚀 Scaling to 1 Million TPS – Further improvements to Adaptive State Sharding.
🔗 Enhanced Smart Contract Capabilities – Expanding WASM-based smart contract support.
🏛 Global Enterprise Adoption – Partnering with corporations, DeFi projects, and Web3 startups.
📊 Further Metaverse & NFT Integrations – Expanding xWorlds and xPortal functionalities.

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How to Buy MultiversX (EGLD) Tokens

To purchase EGLD tokens, follow these steps:

1. Select a Cryptocurrency Exchange – EGLD is available on Binance, Coinbase, Kraken, KuCoin, and Gate.io.
2. Create an Account – Register on your preferred exchange and complete KYC verification.
3. Deposit Funds – Add fiat currency (USD, EUR, etc.) or crypto (BTC, ETH, USDT).
4. Buy EGLD – Search for EGLD and execute a market or limit order.
5. Secure Your EGLD Tokens – Transfer EGLD to a hardware wallet (Ledger, Trezor) or a decentralized wallet.

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Conclusion

MultiversX (EGLD) is an advanced, scalable blockchain network designed to power the future of Web3, DeFi, and metaverse applications. With its high-speed transactions, secure proof-of-stake model, and developer-friendly environment, it stands as one of the most promising layer-1 blockchain solutions in the crypto industry.

As the adoption of decentralized applications and metaverse projects continues to grow, EGLD tokens could become a cornerstone asset in the blockchain space.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research before investing in cryptocurrencies or blockchain projects. 🚀

About MultiversX (EGLD)

Information Type	Details
Symbol	EGLD
Network	Elrond
Website	https://multiversx.com/
Explorers	Elrond Explorer
Community Platforms	Twitter, Telegram
Search On	CoinGecko, CoinMarketCap
API ID	multiversx
Categories	Artificial Intelligence

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