Bubble
MultiversX EGLD
MultiversX (EGLD) was trading at $4.25, ranked #220 by market cap at $130.62M, with 24h volume of $10.95M.
Data snapshot: 2026-09-02 12:15 UTC.
MultiversX, formerly Elrond, is a proof-of-stake chain built around adaptive state sharding, where the network splits into shards that can merge or divide as load changes rather than staying at a fixed count. Contracts are written in Rust and compiled to WebAssembly, and the project has pushed hard into consumer distribution through its own wallet and payments app in Romania and across Europe. MultiversX, formerly Elrond, scales by sharding both state and transaction processing, so capacity grows as shards are added rather than every node handling everything. Its accounts and tooling were built with mobile-first use in mind, and the project rebranded around metaverse and consumer applications. EGLD pays fees, is staked and is used in governance. On this map it sits in the mid-cap Layer 1 range; its percentage moves tend to be larger than those of the top chains, and it generally follows the risk appetite of the wider altcoin market rather than moving on its own network metrics.
What is adaptive state sharding?
The network splits both the data and the processing across shards, and the number of shards adjusts to demand, so throughput scales with the size of the network.
What is EGLD used for?
It pays transaction fees, is staked by validators and delegators to secure the network, and is used for governance.
Why was the project renamed?
Elrond rebranded to MultiversX as part of a strategic shift towards metaverse and consumer-facing applications. The chain and the token carried over.
How volatile is EGLD compared with larger chains?
As a mid-cap asset it typically shows larger percentage swings than the largest Layer 1 tokens. On a bubble map that means a smaller circle with stronger colour on active days.
Market cap decides how big a bubble is drawn, so rank is what places EGLD on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #208 | NEO (NEO) | $142.03M |
| #213 | eCash (XEC) | $136.44M |
| #220 | MultiversX (EGLD) | $130.62M |
| #225 | Vaulta (A) | $127.82M |
| #253 | Sonic (S) | $105.22M |