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MultiversX eGold Overview
MultiversX eGold News
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About MultiversX eGold
MultiversX eGold (EGLD) is the native cryptocurrency of the MultiversX blockchain, serving as a utility token and an essential element of the network’s ecosystem. It plays several critical roles:
- Transaction Fees: MultiversX eGold (EGLD) is used to pay fees for processing transactions and executing smart contracts.
- Staking Collateral: Validators are required to stake MultiversX eGold (EGLD) to secure the network and participate in consensus, ensuring alignment of incentives.
- Incentives and Rewards: Validators earn MultiversX eGold (EGLD) for their services, such as processing transactions, securing the network, and maintaining its performance.
- Value Exchange: MultiversX eGold (EGLD) functions as a medium of exchange within the MultiversX ecosystem, enabling seamless transfers and payments.
- Governance: MultiversX eGold (EGLD) holders can participate in decision-making processes, shaping the future of the platform.
MultiversX eGold (EGLD) also acts as a store of value and a medium for incentivising network participants, ensuring that the blockchain remains robust and decentralised.
MultiversX eGold Markets
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Learn About MultiversX eGold
MultiversX Hits 656K TPS While EGLD Trades at a Discount
MultiversX just achieved on-chain real-world throughput of 656,607 transactions per second on the network. That kind of throughput blows Ethereum's 15-30 TPS base layer out of the water. With EGLD at $4.28 and over 569 million transactions across 9.12 million accounts, the differences between Ethereum and MultiversX aren't marginal. They're existential.
Often Discussed Alongside MultiversX eGold
Tokens that appear with MultiversX eGold in our academy articles.
MultiversX eGold Market Data
The live MultiversX eGold price today is $4.07 USD with a 24-hour trading volume of $1,600,124.71 USD. We update our EGLD to USD price in real-time. MultiversX eGold is down 0.62% in the last 24 hours.
The current market cap is $121,431,672.07 USD, ranking #194 by market capitalization. The circulating supply is 29,851,604 EGLD out of a max supply of 31,415,926 EGLD.