MultiversX: Scalable blockchain for metaverse applications and EGLD token.
MultiversX, formerly Elrond, is a scalable blockchain with sharding and PoS, supporting smart contracts, NFTs, and digital tokens, rebranded in 2022 from Elrond (EGLD).
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What is MultiversX (EGLD)?
MultiversX (formerly Elrond) is a blockchain network designed for scalability, security, and decentralization. It aims to support innovative applications for users, businesses, and the metaverse. The EGLD token is central to the MultiversX ecosystem, securing the network through staking and facilitating value exchange. EGLD is used for transactions, application interaction, and incentivizing network participation. Key features include sharding and proof-of-stake, enabling high transaction speeds. Adaptive State Sharding splits the network into shards, processing transactions in parallel. Secure Proof-of-Stake (SPoS) secures the network and distributes EGLD. Developers can create custom programs using the Elrond Integrated Development Environment. MultiversX also supports Elrond Standard Di...
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MultiversX price live information
As of now, MultiversX is trading at 13.55 USD, with a 24-hour trading volume of approximately 246.76K USD. The EGLD to USD price is updated in real time. Over the past 24 hours, MultiversX has increased by 1.96%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 381.77M USD. Currently, there are 28 175 099.473695 EGLD in circulation out of a maximum supply of 28 183 081 EGLD.
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