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MultiversX EGLD |
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£11.36 |
-0.48% (24h) |
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Marketcap |
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£319,663,109 |
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Volume 24h |
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£9,967,453 |
Description
MultiversX (EGLD), formerly known as Elrond, is a highly scalable, fast, and secure blockchain platform designed for distributed applications, enterprise use cases, and the new internet economy. Launched in 2020, MultiversX uses a unique sharding architecture to achieve high throughput and low latency. EGLD, the platform's native token, is used for transaction fees, staking, and governance. MultiversX aims to create a decentralized, borderless, and user-friendly ecosystem that enables high-value transfers and supports the next generation of digital assets and decentralized applications.