EGLD
$7.16

MultiversX (EGLD) Price

$7.16
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MultiversX (EGLD) Price Today

The live price of MultiversX is 7.16 USD. In the past 24 hours, the trading volume of MultiversX was 5,915,409.25 USD, down by -4.24%. The current price has decreased by -15.06% from its 7-day high of 545.64 USD, and increased by 5.48% from its 7-day low of 7.22 USD. With a circulating supply of 28,910,462.00 MultiversX, the market cap of MultiversX is currently 417,885,673.00 USD, down by 0% in the last 24 hours. MultiversX currently ranks #283 by market capitalization among cryptocurrencies.

MultiversX (EGLD) Market Data

Market Cap
$209.1M
24h Volume
$5.9M
Circulating Supply
28.9M EGLD
Maximum Supply
31.4M EGLD
Fully Diluted Market Cap
$209.1M
Liquidity Indicator
2.83%
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About MultiversX (EGLD)

How can I buy MultiversX (EGLD)?

You can buy MultiversX (EGLD) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy MultiversX guide for details. Sign up with BingX to trade EGLD first when it goes live.

What Is MultiversX (EGLD) and How Does It Work?



MultiversX (EGLD) is a high-performance Layer-1 blockchain designed to support scalable Web3 applications, digital payments, and decentralized metaverse experiences. Originally launched as Elrond, the network rebranded to MultiversX to reflect its broader vision of powering next-generation digital economies. EGLD is the native asset used for transactions, smart contract execution, staking, and securing the network.

MultiversX works through a unique combination of Adaptive State Sharding and Secure Proof-of-Stake (SPoS) consensus. Adaptive State Sharding splits the network into multiple shards that process transactions and data in parallel, significantly increasing throughput and reducing congestion. SPoS assigns validators based on stake, reputation, and cryptographic selection, enabling fast block finality of around 6 seconds and low transaction fees.

Because of this architecture, MultiversX can deliver high scalability, developer-friendly tools, and a smooth user experience across DeFi, NFTs, and metaverse apps. EGLD powers every activity on the chain, paying gas fees, securing the network via staking, enabling governance, and supporting ecosystem growth. This makes it both the utility and value anchor of the broader MultiversX ecosystem.

When Did MultiversX Launch?


MultiversX, originally known as Elrond, was founded in 2017 by Beniamin Mincu, Lucian Todea, and Lucian Mincu with the goal of building an extremely scalable blockchain for global internet-scale applications. After several years of development and testnet iterations, the Elrond mainnet officially launched in July 2020, introducing the EGLD token through a token swap from ERD. In late 2022, Elrond rebranded to MultiversX, expanding its vision to include metaverse infrastructure, digital identity, and Web3 finance. Since then, the project has continued rolling out upgrades focused on speed, interoperability, and ecosystem growth.

MultiversX Roadmap Highlights


- 2020: Elrond mainnet launch and ERD to EGLD token migration.

- 2021: Launch of Maiar (now xPortal) wallet and early DeFi tools.

- 2022: Rebrand to MultiversX; introduction of xPortal, xFabric, and xWorlds concepts.

- 2023–2024: Performance optimizations, new SDKs, and expansion of the ecosystem across DeFi, NFTs, and metaverse apps.

- 2025: Continued scaling upgrades, cross-chain integrations, and infrastructure improvements aimed at onboarding more developers and enterprises.

What Is the EGLD Token Utility?


The EGLD token is the core utility asset of the MultiversX ecosystem, powering transactions, smart contract execution, staking, and governance. Users stake EGLD to secure the network and earn rewards, pay low-cost gas fees for on-chain activity, and participate in protocol upgrades through governance proposals. EGLD also acts as the main collateral asset within MultiversX DeFi applications and serves as the unit of value across its expanding metaverse and Web3 ecosystem.

You can trade EGLD easily on the BingX Spot Market by selecting the EGLD/USDT trading pair, placing market or limit orders, and executing trades instantly with low fees. BingX also provides real-time price charts, depth data, and risk-management tools to help you buy or sell EGLD with confidence.

What Is MultiversX Tokenomics?


MultiversX (EGLD) follows a capped supply model designed to create long-term scarcity and sustainable network growth. The maximum supply is 31.4 million EGLD, with a circulating supply of ~28.88 million EGLD as of December 2025. The network replaces inflationary token issuance with fee-based burning, meaning a portion of all transaction fees is permanently removed from circulation. This ties token scarcity directly to on-chain activity and adoption.

The ecosystem is almost evenly split between liquid supply (50.73%) and staked EGLD (49%), with over 14.2 million EGLD currently staked. Staking is central to the token economy, offering an average APR of ~8.92%, rewarding delegators and validators who secure the network. As more EGLD is locked in staking, liquid circulating supply decreases, reinforcing the project’s scarcity-driven value model.

MultiversX tokenomics are built around the idea of supporting real-world scale. As adoption increases across payments, applications, sovereign chains, and ecosystem builders, demand for EGLD grows while supply remains capped. This creates a long-term feedback loop: higher network usage results in more fees burned, reducing token supply, and driving stronger value alignment for holders.

How to Stake EGLD Tokens on MultiversX Network


Staking EGLD on the MultiversX network is a straightforward process that lets you earn rewards while helping secure the blockchain. To get started, you must hold EGLD in a MultiversX-compatible wallet such as xPortal, the MultiversX Web Wallet, or the MultiversX DeFi Wallet (Chrome extension). Once your tokens are in your wallet, you can choose to delegate them to a validator or stake them directly if you operate your own node.

To stake through delegation, open your preferred wallet and navigate to the Staking section. Select a validator from the available list, ideally one with strong performance metrics and low fees, enter the amount of EGLD you want to stake, and confirm the transaction. Your EGLD then becomes locked for staking, and you begin earning rewards. Staking typically yields an average APR of around 8.92%, depending on network participation and validator performance.

Rewards accumulate automatically and can be claimed or restaked at any time. This flexible model allows you to compound your earnings and increase your long-term return. By staking EGLD, you not only earn passive income but also contribute to the overall security, decentralization, and resilience of the MultiversX ecosystem.

How Does MultiversX Differ From Other Layer-1 Blockchains?


MultiversX stands out from other Layer-1 blockchains through its advanced scalability architecture, combining Adaptive State Sharding with Secure Proof-of-Stake (SPoS) consensus. This design allows the network to process transactions in parallel across multiple shards, achieving thousands of transactions per second, near-instant finality, and extremely low fees. Unlike many chains that struggle with congestion during high demand, MultiversX dynamically adjusts its shard structure to maintain high throughput even as the ecosystem grows.

Another key differentiator is its strong focus on mainstream usability and Web3 adoption. Through products like xPortal, xFabric, and xWorlds, MultiversX integrates digital identity, payments, and metaverse-ready infrastructure into a unified experience. This positions it not just as a fast blockchain, but as a complete digital ecosystem supporting apps, sovereign chains, DeFi, NFTs, and large-scale consumer experiences, bridging the gap between high-performance blockchain technology and real-world utility.

Which Wallets Support EGLD Tokens?


MultiversX’s native token EGLD can be safely held on the BingX platform itself, so storing your EGLD on BingX is the first and easiest option. From there, you may also transfer your EGLD to external wallets if you prefer full control over your private keys or want to stake or use it in dApps.

Outside of BingX, several well-supported wallets work with EGLD, including the native xPortal mobile wallet, the official MultiversX Wallet via web or browser extension, and third-party options such as Trust Wallet, Atomic Wallet and hardware wallets like Ledger Live on a Ledger device. These wallets support storing, sending, and receiving EGLD, and many also allow staking, interacting with dApps, and managing other token-standards on MultiversX such as ESDT.

Is MultiversX (EGLD) a Good Investment?


MultiversX (EGLD) is considered a strong investment by many users because it combines high-performance blockchain infrastructure with real-world usability and a scarcity-driven token model. Its capped supply of 31.4 million EGLD, fee-burning mechanism, and nearly 50% of tokens staked create long-term scarcity while aligning value with network growth. The ecosystem continues to expand across DeFi, payments, metaverse applications, and sovereign blockchain deployments, driving sustained demand for EGLD as the network’s core asset. With fast transaction speeds, low fees, strong developer tools, and a growing user base, MultiversX positions EGLD as both a utility token powering on-chain activity and a long-term asset benefiting from increasing adoption and ecosystem innovation.

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