ELROND (Multiversx): Will EGLD 500 USD reach or will it collapse?

If you have noticed a decrease in the value of your cryptocurrencies and you want to act quickly, Abarai is the Exchange you need. Why choose Abarai?

• The only platform with support in Romanian 

• Instant transactions - do not waste precious time.

• Without a mandatory account - simple and fast.

• Use your own wallet - we do not store your funds, you have total control.

1. Who are the founders of Elrond and what purpose they pursued?

The Elrond project was born in 2017, having as founders Beniamin Mincu, Lucian Mincu and Lucian Todea. The official launch of the Elrond network took place in July 2020, with the ERD token, replaced in September 2020 with EGLD (EGOLD).

Beniamin Mincu is one of the main co-founders of Elrond and holds the position of CEO. Prior to Elrond, Benjamin was part of the NECE Economy Movement team, where he accumulated a solid experience in the development of Blockchain technology.

 Lucian Mincu

Beniamin's brother, Lucian Mincu, is specialized in cyber security and takes up the role of CIO (Chief Information Officer) at Elrond.

Lucian Todea

Lucian Todea is the Elrond Coo and brings with him a rich experience as an entrepreneur. It is known for its ability to turn innovative ideas into successful business.

What purpose did ELRond founders pursue

At the time of launch, Elrond founders set out to solve some  of the biggest challenges in the blockchain industry:

1. scalability

3. Reduced transaction costs

4. Reducing ecological fingerprint

ELROND: important technological achievements 

Adaptive State Sharding architecture 

What is adaptive state shaving?

• It is a technology that divides the network into multiple fragments ("Shards"), each processing transactions or storing data in parallel.

• Unlike traditional Sharding, where each knot stays in a single fragment, adaptive state shaving adjusts the fragments as the number of users increases.

• scalability , with the ability to process thousands of transactions per second.

• Improved efficiency , reducing costs and time associated with processing transactions.

• Dynamic flexibility , the fragmentation being automatically adapted to the network request.

Secure Proof of Stake (Spos)

Why is Spos unique?

Spos reduces the time required to validate blocks to just 6 seconds , making Elrond one of the fastest blockchain networks. The algorithm selects randomly and rapidly, while retaining transparency and security.

• Amazing speed -confirmation of transactions in record time.

• Advanced security - use of cryptography to prevent Sybil attacks or other threats.

• Energy efficiency - unlike Proof of Work, Spos consumes significantly less resources.

The key features of EGld:

• Reduced inflation rate due to a mechanism designed to support  long -term adoption.

• Multiple uses - EGld is not only a means of transaction, but is used for staking, government and payments within the Elrond ecosystem.

• Constant increasing value -with a limited supply and an increasing demand, EGld becomes one of the most attractive tokens in the market.

Marketplace Maiar

• An easy -to -use interface - designed for users who are not techniques.

• Global accessibility -simplifies transactions, staking and use of tokens.

• Advanced security functions - ensuring transactions through multiple layers of protection and cryptography.

3. The Multiversx Ecosystem (DAPPS, Defi and NFTs) and cases of use 

• Low transaction costs: about $ 0.002 per transaction.

• Impressive scalability: Manage large volumes of real -time transactions.

• Validating nodes distributed: over 3,200 knots ensure the decentralization and integrity of the network.

• Sustainability:  Multiversx is neutral in terms of carbon emissions. This means that the platform manages its activities so that the impact on the environment is minimal , or by reducing emissions, or by compensating them (for example, by planting trees or investments in eco-friendly projects).

The ecosystem Multiversex

Multiversx allows developers to create decentralized applications easily. These applications run on blockchain without the need for a centralized entity to control them.

• Total transparency: Each transaction is visible on blockchain, providing a high level of confidence to users.

• Guaranteed security: Multiversx architecture protects against attacks and eliminates the risk of manipulation.

A notable example is the implementation of DAPPS in areas such as digital rights management and crydfunding.

Decentralized (Defi) financing

Multiversx facilitates easy access to decentralized financial services (Defi) , democrating access to loans, staking and peer-peer transactions.

• Simplified Staking: Users can get rewards by participating in the network.

• Increased liquidity: The difference from traditional services is the quick execution time and low costs.

Enter Multiversx to use features such as fast swaps or pooling at minimal costs.

NFTs and digital market

The NFTs (nonfungible tokens) dominate the world of digital art and exclusive media, and Multiversx offers the creators a robust platform to list and sell their works.

• Reduced commissions: Creators have total control over their work, without high intermediation fees.

• Global trading: The market served by Multiversx is accessible 24/7, anywhere in the world.

Cases of use - Supply Chain, Healthcare and IoT

Supply Chain Management

Blockchain are designed to provide operational transparency, and this makes them perfect for supply chain management.

• Real -time products traking: Each product can be tracked from origin to destination, in real time.

• Cost reduction: administrative costs and fraud risks are eliminated.

In health, the confidentiality of patient data is in the first place. Multiversx offers the solution, due to its advanced technology.

• Secure Medical Data: Each file is protected by blockchain encryption.

• Rapid and safe data transfers: Allows data transfer between hospitals without risk of compromise.

Internet of things (IoT)

Multiversx makes connecting easier and more reliable smart devices.

• High Autonomy: Devices can register and safely send data on blockchain.

• Automation: processes such as preventive maintenance can be fully automated.

EGLD at the crossroads: spectacular growth or inevitable correction?

2020: Market debut

EGLD (Elrond) was officially launched in October 2020. Its opening price was $ 9.45 , after which it registered a minimum price of $ 6.97, in the same month. For a cryptocurrency at the beginning of the road, this volatility was expected.

• October 2020 - official launch

• Opening Price: $ 9.45

• Minimum price in October 2020: $ 6.97

  

2021: one year of spectacular growth

• Growth of cryptocurrency market in general

• ELROD blockchain

• Increased confidence from investor community

Maximum historical in November 2021 - 501.49 USD

2022: Corrections throughout the market

What has led to decreases:

• General uncertainty on cryptocurrency market

• Negative feeling among investors due to strict regulations in some countries

Although 2022 was difficult, the Elrond community continued to believe in the potential of the project.

2023: Maximum volatility with a surprising return

The year 2023 was one with two extremes for EGld. In September 2023 , the price decreased below the critical threshold of $ 23 , being the lowest level in the last three years. However, until December 2023 , EGLD appreciated at over $ 70 , demonstrating an impressive recovery capacity.

Notable moments:

• Minimum September 2023 - under $ 23

• December 2023 - price over $ 70

This return was fueled by both technological developments on the Elrond network and a favorable context of the general market.

2024: Continuous fluctuations

The beginning of 2024 seemed promising, with a price of $ 67.94 in January. Until December, however, EGLD decreased again to US $ 33.45 , reflecting a high volatility .

To be remembered:

• January 2024 - $ 67.94

• December 2024 - $ 33.45

Investors remained cautious, and market trends have once again demonstrated that volatility is a defining feature for cryptocurrencies.

2025 (until February): A notable decrease

On February 26, 2025 , EGld was traded to $ 21.02 , marking a significant decrease compared to previous values. Although the situation may seem pessimistic at first sight, it remains to be seen how this long -term cryptocurrency will evolve.

The current situation:

Today, February 27, 2025 - price EGld: $ 21.91

Will EGld reach the value of $ 500 again?

According to the forecasts of some international analysts and platforms, the evolution of the Multiversx price (EGld) for the years 2025, 2026 and 2030 varies depending on different scenarios:

Changelly : This platform estimates that, in 2025, the price of EGld could vary between 39.6 and $ 47.61. By the end of 2030 the price could reach between 227.25 and $ 273.92 (source: Changelly )

Digitalcoinprice : According to their analysis, EGld could start 2027 at $ 62.47 and could be traded around $ 76.99 (source:  Digital Coin Price ).

Binance : The platform suggests that by 2025, the value of EGld could increase by 5%, reaching $ 26.70 by 2030 (source:  binance ).

It is important to note that these forecasts are speculative and are based on current market analyzes. The cryptocurrency market is known for its volatility, and previous performance does not guarantee future results. Investors should carry out thorough research and consult financial counselors before making investment decisions. 

Investment in Elrond (Multiversx): Opinions for and cons

Reasons why investment may be beneficial

Elrond (Multiversx) has attracted the attention of the global community due to its innovative technologies and the promise to revolutionize the blockchain industry. Here are some main reasons why the investment in this platform could be a good idea:

1. Innovative and scalable technology

Multiversx introduces Adaptive State Sharding, a technology that allows the network to work extremely efficiently. This guarantees:

• Massive scalability, capable of processing up to 15,000 transactions per second.

• Reduced commissions, making it a viable option for users and business.

2. Strong team and clear vision

The team behind Elrond is made up of experienced experts in blockchain and technology, having a long -term vision for democratizing access to digital finances.

3. Increasing adoption

From Marketplaces NFT to Defi applications, Multiversx gains ground through strategic partnerships and infrastructure development. Projects such as Xportal and Xexchange show the clear direction to which the ecosystem goes.

4. Attractive tokenomics

• It can be used for staking, payments in ecosystem and transactional commissions.

• Balanced tokenomics supports a long -term value for increasing value.

5. Focus on sustainability

With an environment-friendly operating model, Elrond has a low energy consumption compared to other proof-work blockchains, which attracts investors concerned about the ecological impact of cryptocurrencies.

SPECIFIC POINT POINTS AND MULTORIVERSX RISKS

Although there are many reasons for optimism, it is important to analyze the possible risks and challenges of Multiversx blockchain before deciding whether to invest.

1. Relative centralization

• The number of validators is limited compared to other platforms such as Ethereum.

• The software update process is largely controlled by the central team.

This may raise risks related to excessive manipulation or control over the network.

2. The complexity of the technology

Adaptive State Sharding is an extremely sophisticated and relatively new technology. This complexity:

• Can create difficulties in rapid detection of security vulnerabilities.

• It makes the training process difficult for the new developers who want to work in the ecosystem.

3. Dependence on the main team

4. The fierce competition

• Provides similar or alternative solutions to scalability and interoperability.

• It captures an important part of Defi, NFT and Game-Based ecosystems.

5. Infrastructure still under development

Some of the essential components of the ecosystem are still in the development or testing phase. Without having a full and stable infrastructure:

• Business could hesitate to rely on Multiversx.

• End users could have unexpected operational problems.

Is Multiversx suitable for you?

If you decide to move on, make sure that:

• You understand both the advantages and the risks.

• Your investment is aligned with your goals and risk tolerance.

• How much is Bitcoin? Bought bitcoin and entered the universe of decentralized finance 

• How do I send Bitcoin or other cryptocurrency to someone? How do I pay using cryptocurrencies.