What is Elrond eGold?
Elrond eGold (EGLD) is a Layer-1 blockchain network currently ranked 300th by market capitalization across all crypto assets we track. As a Layer-1 network, EGLD provides settlement, consensus, and computation for a wider ecosystem of applications. The token plays a dual role: paying for transaction fees, and acting as the economic incentive securing the network.
Market position
At the current price of $2.90, Elrond eGold carries a market capitalization of $39.20M. Daily trading volume across exchanges sits at roughly $1.55M. That works out to a 24-hour turnover of about 3.96% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Elrond eGold has moved +1.01%; over the past week, Elrond eGold has moved -12.74%.
Volatility profile
Recent price action puts Elrond eGold in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.
How to evaluate Elrond eGold
A balanced read on EGLD typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is EGLD performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
