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MultiversX EGLD |
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£5.84 |
-0.9% (24h) |
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Marketcap |
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£168,679,870 |
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Volume 24h |
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£4,890,359 |
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.