◆ Layer 1 blockchain · EGLDUSDT
MultiversX (Elrond)
MultiversX (formerly Elrond) is a sharded Layer 1 targeting high throughput and low fees.
◆ Live market
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24h
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- Ticker
- EGLDUSDT
- Category
- Cryptocurrencies
- Type
- Layer 1 blockchain
- Sector
- Layer 1
- Market-cap rank
- n°245
- Trading hours
- 24/7
What is MultiversX (Elrond)?
MultiversX (formerly Elrond) is a sharded Layer 1 targeting high throughput and low fees. A Layer 1 is a standalone blockchain: it validates its own transactions through its own consensus (proof of work or proof of stake), and its native token pays fees and often secures the network through staking.
How MultiversX (Elrond) works and what gives it value
A Layer 1's value depends on the activity it hosts: applications, stablecoins, DeFi volume, active addresses. More usage means more demand for the token (fees, staking, collateral). Layer 1s compete on speed, cost, security and decentralisation.
What moves the price of MultiversX (Elrond)
- ◆Global liquidity and risk appetite (rates, dollar)
- ◆Correlation with Bitcoin and Ethereum
- ◆Protocol upgrades and roadmap
- ◆New apps, stablecoins and capital arriving on the network
- ◆Token issuance and unlock schedule
- ◆Listed products (ETF/ETP) and institutional interest
Key metrics to watch
- ◆Total value locked (TVL) and DeFi volume
- ◆Active addresses and transaction count
- ◆Fees generated by the network
- ◆Staking ratio and token inflation
- ◆Dominance versus BTC/ETH
Risks specific to MultiversX (Elrond)
- ◆Strong competition between chains
- ◆Outages or security flaws
- ◆Dilution from new token issuance
- ◆Regulation
How to analyse MultiversX (Elrond) on GraphTrade
Underlying trends read best on daily and weekly; 4h helps refine entries. Open the EGLDUSDT chart, add the indicators below, compare MultiversX (Elrond) with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 101–250.
◆ Indicators suited to MultiversX (Elrond)
◆ FAQ
What is MultiversX (Elrond) (EGLDUSDT)?
MultiversX (formerly Elrond) is a sharded Layer 1 targeting high throughput and low fees.
Why is MultiversX (Elrond) going up or down today?
The main drivers are: global liquidity and risk appetite (rates, dollar), correlation with bitcoin and ethereum, protocol upgrades and roadmap, new apps, stablecoins and capital arriving on the network. The AI Compass cross-references these with today's news.
Which indicators work best on MultiversX (Elrond)?
Underlying trends read best on daily and weekly; 4h helps refine entries.
What are the risks of MultiversX (Elrond)?
Strong competition between chains ; Outages or security flaws ; Dilution from new token issuance ; Regulation.
What is the market-cap rank of MultiversX (Elrond)?
MultiversX (Elrond) was ranked #245 by market cap when this page was generated, in the Layer 1 sector. The live rank appears at the top of the page.
How do I follow MultiversX (Elrond) in real time?
Open the free GraphTrade chart for EGLDUSDT: price updates live every second, with all indicators.
How do I add MultiversX (Elrond) to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to MultiversX (Elrond)
Information only, not investment advice.