Market cap
$120.64M
-1.69 %
Volume (24h)
$604.17K
-1.69 %
Circulating supply
13,508,333 EGLD
Total supply
20,000,000 EGLD
Elrond eGold (EGLD)
$ 3.93
-1.69 %
Main info
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Key data
updated $0Market cap$120.64M
Volume 24h$604.17K
Circulating supply13.51M
All-time high$545.64-99% from peak · 2021-11-23
Elrond eGold (EGLD) is the native cryptocurrency of the Elrond blockchain, a scalable and efficient network designed for fast transactions and smart contracts. EGLD serves as the backbone for securing the network, paying fees, and participating in governance.
Frequently asked questions
What is Elrond eGold (EGLD) and how is it different?
EGLD is the native token of the Elrond blockchain, which focuses on scalability and speed using Adaptive State Sharding. Unlike many cryptocurrencies, Elrond can process thousands of transactions per second with low fees.
How does Elrond's technology and consensus work?
Elrond uses a Secure Proof of Stake (SPoS) consensus mechanism combined with Adaptive State Sharding, which splits the network into smaller pieces to process transactions in parallel, ensuring efficiency and scalability.
How is EGLD issued and distributed?
EGLD has a capped supply, with new tokens minted as rewards for validators who secure the network. Inflation decreases over time, ensuring a controlled and predictable issuance schedule.
How can I store and use EGLD?
EGLD can be stored in the official Elrond Wallet or compatible hardware wallets. It’s used for staking, paying transaction fees, and interacting with decentralized applications (dApps) on the Elrond network.