Elrond Network is a relatively new blockchain network with fast and cheap transactions. EGLD is the native coin for Elrond Network and is used for governance of the network. Gas fees on Elrond Network are paid in EGLD coin. Elrond Network focuses on blockchain inter-operability.
With a total market cap of over $1 billion, MultiversX (Elrond) is the No. 40 cryptocurrency by market size. The currency symbol for MultiversX (Elrond) is EGLD. There will only ever be 31.4 million MultiversX (Elrond) tokens issued. So far 23.7 million tokens (75.6% of the total supply) have been issued. We found savings accounts offering up to 15% APY on MultiversX (Elrond) deposits. Check out our MultiversX (Elrond) staking yields table for further details.
The technical price analysis for MultiversX (Elrond) below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of MultiversX (Elrond).
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