Elrond Price, EGLD/USD Exchange Rates
Elrond – Detailed Information and Review
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.
The blockchain has a native token known as eGold, or EGLD, that is used for paying network fees, staking and rewarding validators. Elrond was first announced in August 2019, and its mainnet went live in July 2020.
Who Are the Founders of Elrond?
Elrond was co-founded in late 2017 by brothers Beniamin and Lucian Mincu alongside Lucian Todea as a solution to the problem of blockchain scalability, which they thought to be the most pressing problem facing the industry. Prior to Elrond, Beniamin and Lucian Mincu co-founded MetaChain Capital, a digital asset investment fund, with Beniamin Mincu serving as CEO and Lucian Mincu as chief technology officer. The two also co-founded ICO Market Data, an aggregator of information around initial coin offerings.
Beniamin Mincu was also responsible for product, marketing and community for blockchain platform NEM from 2014 to 2015, in addition to being an early investor in projects such as Zilliqa (ZIL), Tezos (XTZ), Brave and Binance. Lucian Mincu has additional experience as an information technology engineer and security specialist, having worked with Uhrenwerk 24, Cetto and Liebl Systems.
Todea is a serial tech entrepreneur who previously founded and served as CEO of Soft32, a software review and download site, and a partner of mobilPay, a mobile payments application. He is also an angel investor, having invested in biometrics tech company TypingDNA and accounting platform SmartBill.
EGLD/USD Price and Exchange Rates Charts
EGLD/USD Price, Exchange Rates chart – 7 days
EGLD/USD Price, Exchange Rates chart – 30 days
EGLD/USD Price, Exchange Rates chart – 60 days
* Forex Rating accepts no liability for any errors in the Elrond Price or EGLD Information. For the most recent information please visit the Elrond official site.
Top Cryptocurrencies
| # | Cryptocurrency | 7 days | |
| 1 |  |
Bitcoin | -13.21% |
|---|---|---|---|
| 2 |  |
Ethereum | -22.34% |
| 3 |  |
Tether | 0.03% |
| 4 |  |
BNB | -21.88% |
| 5 |  |
USD Coin | -0.08% |
| 6 |  |
Cardano | -21.77% |
| 7 |  |
HEX | -16.24% |
| 8 |  |
XRP | -18.52% |
| 9 |  |
Solana | -34.53% |
| 10 |  |
Terra | -28.16% |
| 11 |  |
Dogecoin | -14.09% |
| 12 |  |
Polkadot | -27.64% |
| 13 |  |
Avalanche | -24.48% |
| 14 |  |
Binance USD | 0.02% |
| 15 |  |
Polygon | -24.41% |
| 16 |  |
Shiba Inu | -25.75% |
| 17 |  |
TerraUSD | -0.48% |
| 18 |  |
Crypto.com Coin | -9.52% |
| 19 |  |
Wrapped Bitcoin | -13.45% |
| 20 |  |
Dai | 0.03% |
Top Bitcoin Brokers
| # | Broker | Cryptos | |
| 1 |  |
FXTM | |
|---|---|---|---|
| 2 |  |
OctaFX | |
| 3 |  |
FXCC | |
| 4 |  |
Libertex | |
| 5 |  |
FxPro | |
| 6 |  |
HotForex | |
| 7 |  |
FreshForex | |
| 8 |  |
NordFX | |
| 9 |  |
Financial Centre | |
| 10 |  |
Kiexo | |
| 11 |  |
Nixse | |
| 12 |  |
Grand Capital | |
| 13 |  |
Olymp Trade | |
| 14 |  |
Dukascopy | |
| 15 |  |
eToro |
Bitcoin decreased by 0.6% on Wednesday, ending the day at around $36,400. Ethereum added 0.2%, while other top-ten altcoins mostly saw declines from 3.1%...
27 Jan 2022
Bitcoin decreased 0.6% on Tuesday, ending the day around $36,600 while Ethereum lost 1.1%. Other leading altcoins from the top ten showed mixed dynamics: from a 7.4%...
26 Jan 2022
The cryptocurrency market is adding 0.2% in the last 24 hours to $1.63 trillion, experiencing some pause or rebound after a prolonged drawdown. Buyer interest...
25 Jan 2022
The cryptocurrency fear and greed index was down to 11 on Sunday and slightly up to 13 by early Monday. Crypto market capitalisation lost another 1.1% overnight to $1.61 trillion...
24 Jan 2022
The crypto market capitalisation fell to 1.83 trillion, losing 7.3% in the past 24 hours. As we had feared, the selloff was triggered by sharply negative sentiment in US equity markets...
21 Jan 2022
The Crypto Fear and Greed Index remains at 24 for the third day, matching the extreme fear assessment. However, such a low index reading this time does little...
20 Jan 2022
