MultiversX (Elrond)

Today's state: MultiversX (Elrond) is trading at $2.77 with a $0.0 billion market capitalization (rank #243). The price moved +5.10% over the past 24 hours and is -19.37% over 7 days; the 30-day move stands at +0.00% and the 90-day at +0.00%.

Position vs cycle: Sitting more than 70% under its prior cycle high, the asset is deep in post-peak drawdown territory — a zone associated with late-stage bear phases or a permanent downward re-rating.

Volatility and structure: 30-day realized volatility of —% annualized is not currently computable for an asset this size. Our composite multi-horizon Price Strength reads Neutral (50/100), with the timeframes pulling in different directions and no clean directional read.

MultiversX (Elrond) (EGLD) is a cryptocurrency, traded on global digital-asset markets. It trades at $2.77 as of the latest update, with a 24-hour move up 5.10%, placing it at rank #243 by market capitalisation among all listed digital assets. MultiversX (Elrond)'s current market cap stands at $37.44M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking MultiversX (Elrond) across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

MultiversX (Elrond) is a smart-contract platform competing for developer attention and application activity. Its value depends on user adoption, the depth of its developer ecosystem, and the particular trade-offs its consensus design strikes between throughput, decentralisation and finality.

By market value, MultiversX (Elrond) sits at rank #243 — a mid-cap asset in the broad top 250. Only about 43% of the eventual EGLD supply is circulating so far (13.51M of 31.42M), so future unlocks remain a meaningful dilution variable. It currently trades about 99% below its all-time high of $541.04 set in November 2021.

MultiversX (Elrond) is a Layer-1 proof-of-stake blockchain: validators lock the native token as collateral, propose and attest to blocks, and earn staking rewards for honest participation, while malicious or negligent validators are slashed. The token serves as gas for computation, staking collateral, and a governance vote.

By market value, MultiversX (Elrond) sits at rank #243 — a mid-cap asset in the broad top 250. Only about 43% of the eventual EGLD supply is circulating so far (13.51M of 31.42M), so future unlocks remain a meaningful dilution variable. It currently trades about 99% below its all-time high of $541.04 set in November 2021.

The chain is used to deploy and run smart contracts, to stake for network security and yield, to pay transaction fees, and as the reserve collateral underpinning its on-chain economy. Its relevance scales with how much real application activity it hosts.

Daily volume runs at about 1.9% of market capitalisation ($719.90K in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

The supply story for MultiversX (Elrond) comes down to three things: how tokens are issued over time, how many are circulating now, and how far the fully-diluted valuation sits above the circulating market cap. Only 43.0% of maximum supply is currently circulating, meaning future emissions remain a meaningful source of structural sell pressure. Issuance velocity and unlock schedules become important variables in any longer-term thesis.

For thesis-building, the relevant question is whether the structural value-accrual mechanism (fee burns, staking-yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

The macro backdrop for crypto assets is dominated by the Federal Reserve's rate path, the trajectory of dollar liquidity, and the unwind (or non-unwind) of the post-2020 expansion in M2 money supply. Crypto — Bitcoin in particular — has historically responded most strongly to shifts in the global liquidity regime, with risk-on phases coinciding with falling real yields and a softening dollar, and risk-off phases the inverse.

To read crypto in a wider context, keep an eye on four markets — the dollar, where strength typically pressures risk assets; long-dated Treasury yields, which set the discount rate on future cash flows; gold, sometimes a parallel hard-money bet; and US equities, frequently correlated with crypto during liquidity-driven swings despite the popular "uncorrelated" label.

For MultiversX (Elrond) specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, EGLD tends to follow; when they contract, the relationship typically reverses.

Key risks include concentration of stake among a few large validators, exploits in the contracts deployed on the chain, fierce competition from other Layer-1s for the same developers and liquidity, evolving regulatory treatment of staking, and the reality that network value unwinds quickly if activity migrates elsewhere.