Elrond eGold (EGLD) is a prominent blockchain asset known for its high-performance network and scalable infrastructure. Formerly known as Elrond, the project rebranded to MultiversX in 2022 to reflect its expanded vision into the metaverse and decentralized digital ecosystems. Despite the rebranding, the native token remains EGLD, often referred to as Elrond eGold. This article explores EGLD’s current market performance, technical indicators, historical trends, and long-term potential—delivering essential insights for investors and blockchain enthusiasts.
Current Market Overview
As of July 04, 2025, the live price of Elrond eGold (EGLD) stands at $13.72**, reflecting a **-3.49%** decline over the past 24 hours. The coin opened the day at $14.10 and briefly reached $14.11 before facing resistance and pulling back. The 24-hour trading range spans from $13.57 to $14.23, with a trading volume of **$2.3 million across 10 exchanges.
With a circulating supply of 13,508,333 EGLD and a total supply capped at 20,000,000, the current market capitalization is $185.4 million**, ranking EGLD at #190 in the global cryptocurrency market. The fully diluted valuation (FDV), based on total supply, is **$274.4 million.
👉 Discover how EGLD's price trends could impact your portfolio strategy in 2025.
Price Performance and Historical Milestones
EGLD achieved its all-time high (ATH) of $501.49** on November 23, 2021—a peak that now represents a **-97.26%** drop from current levels. The lowest point post-ATH was **$11.50, recorded within the past year. As of now, EGLD is up 19.31% from that recent low.
Over the past 52 weeks, EGLD has traded between $11.50 and $58.09, indicating significant volatility. The token’s price history reveals strong momentum in 2021 and early 2022, followed by a prolonged correction phase amid broader crypto market downturns.
Since its first recorded price of $9.45** in October 2020, EGLD has delivered a cumulative return of **45.23%**—meaning a $100 investment at launch would now be worth approximately $145.23**.
Key Price Indicators (7-Day View)
- +4.86% weekly change
- -13.44% monthly change
- -56.31% year-to-date change
When measured against Bitcoin and Ethereum, EGLD shows underperformance:
- -75.70% vs BTC over one year
- -43.04% vs ETH over one year
Technical Analysis: Bullish or Bearish?
Despite short-term bearish sentiment, technical indicators suggest a potential turnaround if key support levels hold.
Sentiment Indicators
- Bearish signals: 10
- Bullish signals: 3
- Neutral/Natural signals: 4
The current Relative Strength Index (RSI) stands at 52.82, indicating neutral momentum—neither overbought nor oversold. Meanwhile, the Commodity Channel Index (CCI) at 32.12 and Ultimate Oscillator at 55.21 also point to balanced conditions.
Moving Averages: Mixed Signals
Short-term moving averages lean bullish:
- SMA (10): $13.53 → Buy signal
- EMA (10): $13.64 → Buy signal
However, longer-term averages remain bearish:
- SMA (50): $15.37 → Sell
- SMA (200): $21.46 → Sell
This divergence suggests that while short-term traders may see buying opportunities, long-term trends still favor downward pressure unless strong catalysts emerge.
Resistance and Support Levels
For EGLD to reverse its bearish trajectory, it must first stabilize above the critical support level of $13.19.
If this floor holds:
- First resistance: $19.23
- Second resistance: $25.42
- Third resistance: $32.35
A breakout above $19.23 could trigger renewed investor interest and attract technical buyers.
Network Fundamentals and Use Cases
EGLD powers the MultiversX blockchain, designed for speed, scalability, and efficiency. Key features include:
- Adaptive State Sharding: Enhances throughput by partitioning network resources dynamically.
- Secure Proof of Stake (SPoS): Ensures fast finality and security through random validator selection.
- High Throughput: Supports up to 15,000 transactions per second (TPS).
- Low Latency: Finality achieved in just 6 seconds.
- Developer-Friendly Tools: Enables rapid deployment of dApps and DeFi protocols.
- Cross-Chain Compatibility: Facilitates interoperability with other blockchain networks.
These capabilities position MultiversX as a competitive layer-1 solution, especially for metaverse applications and enterprise-grade decentralized systems.
👉 See how EGLD’s underlying technology compares to other high-speed blockchains today.
Recent Developments and Ecosystem Growth
MultiversX has strengthened its ecosystem through strategic partnerships. A notable milestone includes integration with Google BigQuery, enabling real-time analytics of blockchain data for developers and enterprises. This collaboration enhances data transparency and supports scalable application development.
Additionally, projects like Everlodge have adopted the $EGLD ticker for real estate-backed tokenization initiatives in markets such as Thailand—though unrelated to the official MultiversX project, this reflects growing brand recognition.
ROI and Volatility Profile
EGLD has experienced significant volatility over recent periods:
| Metric | Value |
|---|---|
| 3-Month ROI | -2.92% |
| 6-Month ROI | -63.57% |
| 12-Month ROI | -54.75% |
| 3-Month Volatility | 44.35% |
| 6-Month Volatility | 63.53% |
| 12-Month Volatility | 89.57% |
| Maximum Drawdown | -97.84% |
| Winning Days | 49.42% |
While returns have been negative over medium to long horizons, nearly half of trading days are profitable—suggesting potential for tactical entry points during pullbacks.
Frequently Asked Questions (FAQ)
What is Elrond eGold (EGLD)?
EGLD is the native cryptocurrency of the MultiversX blockchain (formerly Elrond), designed for high-speed transactions, smart contracts, and decentralized applications.
What makes EGLD unique?
EGLD leverages adaptive state sharding and Secure Proof of Stake (SPoS) to achieve up to 15,000 TPS with low fees and fast finality—making it one of the most scalable layer-1 blockchains.
Where can I buy EGLD?
EGLD is available on multiple cryptocurrency exchanges globally, supporting various trading pairs including USDT, BTC, and ETH.
What is the maximum supply of EGLD?
The total supply is capped at 20 million EGLD, with approximately 13.5 million currently in circulation.
Has EGLD ever split or rebranded?
Yes—the Elrond network rebranded to MultiversX in 2022 to emphasize its focus on the digital economy and metaverse, but the token symbol (EGLD) remains unchanged.
Is EGLD a good long-term investment?
While past performance shows high volatility and significant drawdowns, EGLD's technological foundation and ecosystem growth offer potential for long-term value if adoption increases.
👉 Explore real-time EGLD price movements and trading signals before making your next move.