Elrond-erd-2 Price, Chart, News, Tokenomics & Market Insights

Cryptocurrencies

MultiversX

EGLD

Rank #188

$15.57

5.72%

(24H)

Overview
Fundamentals
Technical Analysis
About MultiversX
FAQs
Guides
Tokenomics
Team

Fundamentals

Today's Low

14.73

$15.57

Today's High

15.77

Price & Market Stats

MultiversX Price	$15.57
24h High / 24h Low	$14.73 / $15.77
Trading Volume	$28,287,756.00
Price Change (24h)	$0.84
Price Change Percentage (24h)	5.718%
Market Cap Rank	#188

Market Cap	$442,789,585.00
Market Cap Change (24h)	$24,317,870.00
Market Cap Change Percentage (24h)	5.811%
Volume / Market Cap	0.0639
All-Time High	$545.64
All-Time Low	$6.51

About MultiversX

What Is MultiversX?

MultiversX (EGLD), formerly Elrond is a high-performance blockchain network designed for scalability, security, and decentralization, using Adaptive State Sharding.

Who Are the Founders of MultiversX?

Founded by Beniamin Mincu, Lucian Todea, and Lucian Mincu in 2018 to build a next-generation scalable blockchain for DeFi, NFTs, and Web3.

What Makes MultiversX Unique?

Uses Adaptive State Sharding and Secure Proof-of-Stake (SPoS) for high-speed, low-cost transactions.

How Is the MultiversX Network Secured?

Secured by SPoS, where validators are randomly chosen and rotated to validate blocks, with staking and slashing to ensure trust.

What Is MultiversX’s Role in the Crypto Ecosystem?

Serves as a foundational layer-1 for DeFi applications, NFT marketplaces, and cross-chain interoperability, with built-in bridging to Ethereum, BSC, and other networks via the Maiar DEX.

How Is MultiversX’s Technology Upgraded?

Protocol upgrades are governed via on-chain Elections: SPoS validators vote on Elrond Improvement Proposals (EIPs), and approved changes activate automatically at predefined block heights.

Who Are the Largest Corporate Holders of MultiversX?

The MultiversX Foundation, Maiar Wallet treasury, and large staking pools (Binance, Crypto.com) hold the majority of EGLD to secure network operations and incentivize ecosystem growth.

Frequently Asked Questions

Is MultiversX Legal?

Yes. It operates under standard utility-token regulations in most jurisdictions.

Can MultiversX Be Hacked?

Core protocol is robust, but smart-contract bugs or bridge vulnerabilities remain possible if audits lapse.

Can I Use MultiversX for Everyday Purchases?

Not typically, MultiversX is used for gas, staking and DeFi; retail payment adoption is still limited.

Guides

Buying Guide for MultiversX

Staking Guide for MultiversX

Tokenomics

Explore the economic structure behind MultiversX. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand MultiversX's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.

Team

Beniamin Mincu

Co-Founder & CEO

Beniamin Mincu is a tech visionary, currently Co-founder & CEO of Elrond. Previously Beniamin was one of the early blockchain pioneers in Europe, involved since 2014 in the NEM.io core team, and investor in several well-known blockchain startups like Binance, BAT, and Tezos via MetaChain Capital, which he founded with his brother.

Lucian Todea

Co-Founder & COO

Lucian Todea took the first step towards entrepreneurship in 2001, when, he launched its first website which later became known as Soft32.com. After one year, in 2002, Lucian decided to drop The Bucharest University of Economic Studies where he was specializing in Finance, Insurance, Banking, and Stock Exchange in order to focus on building and expanding the Soft32 platform.Currently, he is the COO at Elrond Network which he co-founded together with Beniamin and Lucian Mincu. Lucian is also a mentor, advisor, and member of: MVP Academy, MVP Angels, TechAngels, VentureConnect, StartupSpotlight (How to Web), InnovationLabs, etc.

Lucian Mincu

Co-Founder & CIO

Lucian Mincu is an engineer at LIEBL SYSTEMS, co-founder & CTO at ICO Market Data and Metachain Capital, and an investor in 30+ startups.