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MultiversX

MultiversX (formerly Elrond) is a highly scalable, fast, and secure blockchain platform for distributed applications, enterprise use cases, and the new internet economy.

What is MultiversX?

MultiversX is a blockchain protocol designed to offer high scalability and efficiency through Adaptive State Sharding and a Secure Proof of Stake (SPoS) consensus mechanism. It aims to provide a decentralized network capable of processing over 100,000 transactions per second, facilitating the development of decentralized applications (dApps) and supporting the metaverse. (coingecko.com)

How Does MultiversX Work?

MultiversX employs Adaptive State Sharding, which involves real-time splitting and merging of shards as the demand for network capacity changes. This approach allows the network to scale efficiently. The Secure Proof of Stake (SPoS) consensus mechanism ensures network security and fast transaction confirmations by selecting validators within each shard for every validation round. (coingecko.com)

What Makes MultiversX Unique?

MultiversX stands out due to its high throughput, capable of processing over 100,000 transactions per second, and its low transaction costs. Its unique combination of Adaptive State Sharding and SPoS consensus mechanism enhances scalability and security. Additionally, MultiversX focuses on interoperability, allowing seamless interaction with other blockchain networks, which is crucial for the development of a comprehensive metaverse ecosystem. (coingecko.com)

Who Are the Founders of MultiversX?

MultiversX was founded in 2017 by Beniamin Mincu (CEO), Lucian Mincu (CIO), and Lucian Todea (COO). Beniamin Mincu is a leading Web3 entrepreneur, while Lucian Todea is a tech entrepreneur and angel investor. Lucian Mincu has a background in engineering and technology. (tokenpro.ai)

Latest News

What Key Events Have There Been for MultiversX?

In 2022, Elrond rebranded to MultiversX, reflecting its expanded focus on the metaverse and decentralized applications. This transformation was unveiled during a significant event at the Brongniart Palace in Paris, attended by industry leaders and government officials. (multiversx.com)

Project Announcements

MultiversX continues to build on the success of the Elrond Network, advancing its scalable blockchain protocol and tools to proliferate Web3 technology. (multiversx.com)

Upcoming Events

No data

Projects Announcements

Where to Buy EGLD?

EGLD tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade MultiversX is HTX, where the most active trading pair EGLD/USDT has a trading volume of $4,194,543.73 in the last 24 hours. Other popular options include Binance and MEXC. (coingecko.com)

EGLD Price

Daily Trading Volume

As of July 18, 2025, the 24-hour trading volume for EGLD is approximately $24.05 million. (coinmarketcap.com)

All-Time High

The all-time high for EGLD was $545.64 on November 23, 2021, which is significantly higher than the current price of $16.22. (coingecko.com)

All-Time Low

The all-time low for EGLD was $6.51 on October 7, 2020, which is lower than the current price of $16.22. (coingecko.com)

Market Cap and Valuation

Market Cap

As of July 18, 2025, the market capitalization of EGLD is approximately $461.45 million, ranking it #136 among cryptocurrencies. (coinmarketcap.com)

Fully Diluted Valuation

The fully diluted valuation (FDV) of MultiversX is approximately $509.67 million, considering the maximum supply of 31,415,926 EGLD tokens. (coinmarketcap.com)

EGLD Price Prediction

While specific price predictions are speculative, factors influencing EGLD's price include market sentiment, adoption rates, technological advancements, and overall cryptocurrency market trends. As of now, there are no available forecasts from reliable experts or publications.

FAQ

What is the Purpose of MultiversX?

How Can I Participate in MultiversX's Ecosystem?

What Sets MultiversX Apart from Competitors?

Is MultiversX Secure?

What are the Risks Associated with MultiversX?

Community Sentiment

29.78K Votes

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.