EGLD

Elrond price

EGLD
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$47.22

-$0.13 (-0.27%)

24H
  • 1H
  • 24H
  • 1W
  • 1M
  • 1Y
  • ALL
ALL
1Y
1M
1W
24H
1H
Market cap
$1.09B
Volume (24h)
$40.41M
Circulating supply
22,981,758

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Spot
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Price
Change
Action
EGLD/USDT
₮47.22$47.22
-0.28%
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Analysis

About Elrond (EGLD)

Elrond describes itself as a new blockchain architecture, designed to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two features: Adaptive State Sharding mechanism, and a Proof of Stake (PoS) algorithm, enabling linear scalability with a reportedly fast, efficient, and secure consensus mechanism. Thus, Elrond can reportedly process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost. It aims to become the backbone of a permissionless, borderless, globally accessible internet economy.

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Elrond price statistic

Price today
Elrond price
$47.22
Price change (24h)
-$0.13
-0.28%
Low and high (24h)
$46.36Low
$50.72High
Volume (24h)
$40.41M
Circulating supply
22,981,758
Market cap
$1.09B

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