With the acquisition of top cryptocurrency payments company Utrust, Elrond places a significant wager on Web3 payments in 2022.

Live EGLD Price Data

With a 24-hour trading volume of $5,33,63,698 USD, the current live Elrond price is $58.39 USD. We continuously update our EGLD to USD pricing. In the past 24 hours, Elrond has increased by 5.37%. With a live market cap of $1,37,79,57,640 USD, CoinMarketCap now ranks #38. It has a maximum supply of 3,14,15,926 EGLD coins and a circulating circulation of 2,35,98,042 EGLD coins.

Currently, Binance, MEXC, XT.COM, OKX, and BingX are the leading cryptocurrency exchanges for trading in Elrond stock if you're looking to purchase it at the current price

EGLD: What Is Elrond?
The native coin of the blockchain is called eGold, or EGLD, and it is employed for network fee payment, stake payments, and validator rewards.

Elrond made its initial announcement in August 2019 and launched its mainnet in July 2020.
LiIn addition to being an early investor in ventures like Zilliqa (ZIL), Tezos (XTZ), Brave, and Binance, Beniamin Mincu was in charge of product, marketing, and community for blockchain platform NEM from 2014 to 2015. In addition, Lucian Mincu has experience as a security expert and information technology engineer from his time at Uhrenwerk 24, Cetto, and Liebl Systems.

As a previous founder and CEO of the software review and download website Soft32 and a partner of the mobile payment app mobilPay, Todea is a seasoned tech entrepreneur. He has invested in the accounting platform SmartBill and the biometrics technology startup TypingDNA as an angel investor.
What Sets Elrond Apart?
Elrond bills itself as a blockchain platform for enterprise use, decentralized apps, and the emerging internet economy.
In order to scale, it can add another shard if the throughput requirement is not satisfied.

The project encourages platform builders and gives them the opportunity to get 30% of the smart contract fees as royalties in order to increase adoption.

During the network's first year, the business keeps a supply of EGLD tokens available to stake, with validator nodes earning a 36% annual percentage rate.
Related Pages: Discover Zilliqa, a different blockchain initiative that makes use of sharding to increase scalability.

Find more about Harmony, a blockchain that scales using sharding as well.

brand-new to the blockchain industry? Check out Alexandria, CoinMarketCap's online learning platform, for a comprehensive introduction.

With the help of the CoinMarketCap Blog, be informed on the most recent advancements in blockchain technology.
The Elrond Network: How is it Protected?
Elrond employs a proof-of-stake consensus technique that it describes as secure, requiring nodes to stake their EGLD tokens in order to take part in the validation process. Each validator is also given a rating score based on previous activity, which also affects whether or not they are chosen. A validator will not be chosen and will be penalized if its rating drops too low. If validators consistently act in a way that compromises the integrity of the network, they can potentially be kicked off the network and have their stakes reduced.

Validators are chosen at random in a way that cannot be predicted or changed depending on the results of the preceding validation round. Then again

Website: https://www.egold.farm/
Telegram Group: http://t.me/EgoldRewardCampaign
Twitter: https://twitter.com/egold_farm

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