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EGLD Overview

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Intellectia
24H High
4.390
24H Low
4.210
24H Volume
153.51K
24H Volatility
4.28%
All Time High
544.250
All Time Low
3.610
Correlation with BTC
0.62
Return On Investment
-78.23%
Market Cap
128.10M
MultiversX is a blockchain protocol that offers true horizontal scalability by using all aspects of sharding (Network, Transaction & State). The project describes itself as a technology ecosystem for the new internet, which includes decentralized finance, real world assets and the Metaverse. Its smart contracts execution platform is reportedly capable of up to 100,000 transactions per second, 6-second latency and a $0.002 transaction cost.MultiversX is governed and secured through the EGLD token. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators participate in the consensus process.EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.
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Official WebsiteBlock ExplorerWhitepaper

Social Media Sentiment

Bullish
Bullish
0 Bullish
0 Neutral
0 Bearish
The current sentiment of EGLD on social media as of May 7, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding EGLD's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
The current sentiment of EGLD on social media as of May 7, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding EGLD's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
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Social Media Posts

No social media posts available

Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

$0-$1K0.00%
$1K+0.00%
$1k-$100K+0.00%

Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

Cruisers0.00%
Holders0.00%
Traders0.00%

Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

Others0.00%
Whales0.00%

Wallet addresses by amount held in USD

$0-$1K0.00%
$1K+0.00%
$1k-$100K+0.00%

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Whitepaper Summary

MultiversX (formerly known as Elrond) is a highly scalable blockchain platform that uses adaptive state sharding and secure proof of stake consensus to achieve high transaction throughput. Think of it like splitting up a huge database into smaller pieces that can be processed in parallel, making everything much faster and more efficient. The platform aims to solve blockchain's biggest challenges around speed and costs while maintaining security and decentralization. Since its launch, MultiversX has achieved significant milestones, processing over 15 million transactions per day with negligible costs.

News

Coinmarketcap
8.0
15:13 PMCoinmarketcap
South Korea to Implement Cryptocurrency Taxation Plan
  • Tax Plan Implementation: The South Korean Ministry of Finance and Economy has announced that the cryptocurrency taxation plan will be implemented as scheduled in January next year, with a legal notice to be published shortly, reflecting the government's commitment to regulating the crypto market.
  • Tax Rate and Scope: Under the current income tax law, from January 1st, income from the transfer or lending of crypto assets will be classified as “other income,” with a total tax rate of 22% applied to earnings exceeding 2.5 million South Korean won, consisting of 20% income tax and 2% local income tax.
  • Investor Impact: The new regulation is expected to affect approximately 13.26 million cryptocurrency investors, indicating the government's aim to strengthen oversight in the digital asset market through the long-delayed tax plan.
  • Coordination with Exchanges: The National Tax Service is working on technical and operational arrangements with five leading cryptocurrency platforms (Upbit, Bithumb, Coinone, Korbit, and Gopax) to ensure smooth implementation of the tax system, demonstrating the government's intent to collaborate with the industry.
Coinmarketcap
7.5
15:12 PMCoinmarketcap
Anthropic Partners with SpaceX to Expand AI Computing Capacity
  • Computing Capacity Expansion: Anthropic has secured 300MW of compute power from SpaceX's Colossus 1 data center, which houses over 220,000 Nvidia processors, expected to be operational within a month, significantly enhancing the performance and capabilities of its Claude AI models.
  • Collaboration Background: Elon Musk approved the deal after meeting with Anthropic leaders and being impressed by their commitment to ensuring Claude remains beneficial to humanity, indicating a shift in his previously critical stance towards the company.
  • Product Innovation: This agreement will allow Anthropic to double the usage limits for Claude Code and remove peak-hour caps on certain plans, addressing the increasing market demand, particularly in the AI coding assistant sector.
  • Future Collaboration Potential: Anthropic has also discussed future orbital data center projects with SpaceX, which could deliver several gigawatts of compute power, signaling SpaceX's potential entry into the cloud computing market and diversifying its revenue streams.
Coinmarketcap
2.0
15:12 PMCoinmarketcap
Emerging Coexistence of Payment Methods: Cards and Crypto
  • Coexistence of Payment Methods: As consumer confidence in payment methods increases, the trend of coexistence between traditional credit cards and digital assets like Bitcoin and Ethereum becomes more pronounced, indicating a diversification in payment behavior where users desire more options.
  • User Acceptance Research: A 2025 open-access study reveals that the acceptance of payment systems is influenced by factors such as usefulness, ease of use, social influence, and support conditions, highlighting the importance of user understanding and trust in payment methods.
  • Hybrid Payment Example: The homepage of CafeCasino LV showcases the coexistence of credit cards and various digital assets, demonstrating the platform's flexibility in catering to different user habits, allowing users to choose payment methods based on their preferences.
  • Evolution of Payment Habits: The future of online payments may not be about one method prevailing over another, but rather the normalization of payment choices, with users focusing on clarity, speed, and convenience, necessitating platforms to adapt to this mixed reality.
Coinmarketcap
8.5
15:12 PMCoinmarketcap
Consensus Conference Highlights Institutional Crypto Adoption Focus
  • Solana Infrastructure Expansion: The Jito Foundation and Solana Company announced a strategic partnership aimed at expanding institutional-grade Solana infrastructure across the Asia-Pacific region, enhancing validator infrastructure and yield optimization systems to accelerate institutional adoption in APAC markets, reflecting growing interest in scalable blockchain infrastructure.
  • Stablecoins Dominate Discussions: Celo's integration with Bridge, a Stripe-owned platform, has processed over 1.28 billion transactions and supports over 600,000 daily active users, highlighting the increasing importance of stablecoins for global wealth management and digital asset transfers, driving mainstream blockchain adoption.
  • Growth in Prediction Markets and Onchain Lending: Shift Markets introduced a white-label prediction markets platform to help operators launch event-based trading markets, reflecting rapid growth in the sector as blockchain-based platforms expand into various fields, meeting diverse market demands.
  • Industry Push for Real-World Financial Infrastructure: Notabene launched a new post-settlement transaction management layer called “Revert” to address the challenge of safely reversing funds after blockchain transactions, indicating the industry's shift towards building compliance-friendly infrastructure to support regulated institutions and enterprise-scale digital asset operations.

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