What MultiversX (Elrond) is
MultiversX (Elrond) (EGLD) is a proof-of-stake Layer-1 blockchain, currently ranked 260th by market capitalization among the assets we track. As a proof-of-stake Layer-1, MultiversX (Elrond) hosts applications, settles their transactions, and lets EGLD holders earn yield by helping validate. Capital at stake — not electricity — is what keeps the chain honest.
MultiversX (Elrond) (EGLD) is a blockchain platform designed for high-speed transactions and scalability, utilizing a unique Adaptive State Sharding mechanism. It aims to enhance the decentralized economy by providing secure smart contracts and a user-friendly experience.
How consensus and the token economy connect
Validators propose and attest to blocks; honest behavior earns rewards, dishonest behavior burns the stake. That feedback loop is what lets MultiversX (Elrond) finalize transactions without miners.
Background & fundamentals
MultiversX (Elrond) lists a documented core team of 8, so the people behind the project are at least named on the record. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in EGLD. In sector terms it is most often filed under Layer 1 (L1), Proof Of Stake, and Smart Contracts.
Where MultiversX (Elrond) sits in the market
At $2.95, MultiversX (Elrond) carries a market capitalization of $89.29M. Around $20.66M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 23.14% of the float — elevated, often a sign of narrative-driven trading.
About 96% of the hard cap of 31.4M EGLD has been minted, leaving only modest issuance ahead. EGLD remains -99% beneath its all-time high of $541.04, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour +6.28%, 7-day +11.16%, 30-day -11.49%, 1-year -78.09%. Across roughly the last 365 days of daily candles, EGLD endured a peak-to-trough drawdown of about 80% before stabilizing.
Volatility profile
Recent action puts MultiversX (Elrond) in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -11.49%, a useful input for stop placement and position sizing.
How to evaluate MultiversX (Elrond)
For an asset of this type, three lenses matter most:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of EGLD staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen MultiversX (Elrond) over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
