MultiversX (EGLD) is emerging as a key player in the next-generation blockchain landscape, combining high performance, sustainability, and forward-thinking innovation. With a current live price of $13.72, EGLD continues to draw attention from investors and developers alike. This article provides a comprehensive overview of the MultiversX ecosystem, price dynamics, staking opportunities, and long-term potential — all optimized for clarity, accuracy, and search intent.
Current EGLD Market Overview
As of today, MultiversX (EGLD) is trading at $13.72**, with a 24-hour trading volume of **$77,494. The price has declined by -3.51% over the past day but shows resilience with a +5.53% gain over the last week. Despite a challenging 30-day trend (-14.09%) and a 3-month drop of -22.35%, the project maintains strong fundamentals.
| Period | Price Change | Percentage Change |
|---|---|---|
| 24 Hours | -$0.51 | -3.51% |
| 7 Days | +$0.72 | +5.54% |
| 30 Days | -$2.26 | -14.09% |
| 3 Months | -$3.96 | -22.35% |
With a circulating supply of 28,395,464 EGLD and a maximum cap of 31,415,926, the current market capitalization stands at $388.11 million, ranking MultiversX at #92 globally by market cap.
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What Is MultiversX (EGLD)?
MultiversX, formerly known as Elrond, rebranded in November 2022 to reflect its expanded vision beyond scalable infrastructure into the metaverse, decentralized finance (DeFi), and digital identity ecosystems.
At its core, MultiversX aims to deliver:
- Ultra-fast transaction speeds
- Low fees
- Energy-efficient consensus
- Scalable architecture via sharding
The native token, eGold (EGLD), powers the entire network and enables users to participate in transactions, staking, governance, and dApp interactions.
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These keywords naturally align with user search behavior around price tracking, investment analysis, and technical engagement with the network.
Key Features Driving MultiversX Adoption
🔹 Scalability Through Adaptive State Sharding
MultiversX utilizes Adaptive State Sharding, a unique approach that divides the blockchain into smaller segments (shards) to process transactions in parallel. This allows the network to achieve:
- Up to 15,000 transactions per second (TPS)
- Finality in under 6 seconds
- Transaction costs as low as $0.001
This level of efficiency positions MultiversX as a competitive alternative to Ethereum and other Layer 1 blockchains.
🔹 Secure & Sustainable SPoS Consensus
The Secure Proof-of-Stake (SPoS) mechanism ensures decentralization while minimizing energy consumption. Validators are randomly selected across shards, reducing attack risks and promoting fairness.
Unlike energy-intensive Proof-of-Work systems, SPoS supports MultiversX’s commitment to being carbon neutral, appealing to environmentally conscious investors.
🔹 Metaverse and Web3 Expansion
Post-rebranding, MultiversX has aggressively pursued use cases in the metaverse, NFTs, gaming, and digital identity through its Maiar ID and xPortal mobile super app.
Projects like Upland, a virtual real estate game integrated with MultiversX, demonstrate real-world adoption potential.
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EGLD Token Utility: Beyond Just a Cryptocurrency
EGLD isn't just a speculative asset — it plays multiple functional roles within the ecosystem:
💸 Medium of Exchange
Used for sending and receiving value across the network with near-instant finality.
🔐 Staking & Network Security
Users can stake EGLD to become validators or delegators, earning rewards while helping secure the network. Annual percentage yields (APY) vary based on participation levels but typically range between 10–15%.
🗳 Governance Participation
Token holders can vote on protocol upgrades, funding proposals, and strategic direction — ensuring decentralized decision-making.
⚙️ Smart Contract Execution
Developers use EGLD to pay gas fees when deploying or interacting with smart contracts and dApps.
📦 Store of Value
With a hard-capped supply and growing utility, EGLD serves as both an investment vehicle and digital store of value.
How to Stake EGLD: A Simple Guide
Staking EGLD is accessible through several secure wallets:
✅ Using Ledger Live
- Transfer your EGLD to a Ledger hardware wallet.
- Connect your device to Ledger Live.
- Navigate to the MultiversX app and follow delegation prompts.
- Choose a reliable validator node to delegate to.
✅ Using Trust Wallet
- Open Trust Wallet and search for “Elrond eGLD.”
- Add the token if not already visible.
- Tap on EGLD and select “Stake.”
- Follow in-app instructions to delegate tokens.
Always verify validator reputation before staking to maximize returns and minimize slashing risks.
Elrond vs. MultiversX: What Changed?
While technically the same blockchain, the rebranding from Elrond to MultiversX marked a strategic evolution:
| Aspect | Elrond Era | MultiversX Era |
|---|---|---|
| Focus | High-performance blockchain | Metaverse, DeFi, digital identity |
| Brand Identity | Technical infrastructure | Ecosystem builder for Web3 |
| Vision | Scalable payments & smart contracts | Interoperable digital worlds |
The underlying technology — including sharding and SPoS — remains intact, but the new brand emphasizes broader applications in immersive digital experiences.
Price History & Volatility Insights
All-Time High & Low
- All-Time High: $542.57 (July 2021)
- All-Time Low: $6.54 (March 2020)
- Current price is down 97.47% from ATH but up 109.67% from ATL
Such volatility is typical in crypto markets, especially during macroeconomic shifts and regulatory changes.
Where to Store and Trade EGLD
🛡️ Storage Options
- Custodial Wallets: Exchange-based storage (e.g., on OKX) offers convenience.
- Self-Custody Wallets: Trust Wallet, XPortal App
- Hardware Wallets: Ledger Nano S/X
- Paper Wallets: For long-term cold storage
For maximum security, combine cold storage with multi-signature setups.
💹 Trading EGLD
You can trade EGLD against major pairs like USDT, BTC, or fiat currencies on leading exchanges. Convert EGLD to cash by:
- Selling EGLD for USDT on spot markets
- Using P2P platforms to exchange USDT for local currency
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Frequently Asked Questions (FAQ)
Q: What is the current EGLD price?
A: As of now, EGLD is trading at $13.72 USD.
Q: Can I stake EGLD for passive income?
A: Yes! You can stake EGLD via wallets like Ledger or Trust Wallet and earn annual rewards through delegation.
Q: Is there a maximum supply of EGLD?
A: Yes, the total supply is capped at 31,415,926 EGLD tokens.
Q: How does MultiversX differ from Ethereum?
A: MultiversX offers faster transactions (up to 15k TPS), lower fees, and uses energy-efficient SPoS instead of PoW/PoS hybrid models.
Q: Why did Elrond change its name to MultiversX?
A: To reflect a strategic pivot toward building infrastructure for the metaverse and next-gen Web3 applications.
Q: Where can I view the live EGLD price chart?
A: Real-time charts are available on major exchanges and financial data platforms that support crypto tracking.
Final Thoughts
MultiversX (EGLD) combines cutting-edge scalability with a bold vision for the future of digital interaction. While price fluctuations are inevitable in volatile markets, the project’s strong technical foundation, active development team, and focus on real-world utility make it a compelling long-term contender in the blockchain space.
Whether you're tracking the EGLD price live, exploring staking opportunities, or evaluating its role in the evolving metaverse landscape, staying informed is key to making confident decisions in today’s fast-moving crypto environment.