Is it the right time to buy MultiversX crypto?
As of June 2025, MultiversX (EGLD) currently trades near $15.41 USD with a robust 24-hour trading volume of $16.7 million, reflecting healthy market participation for a mid-cap Layer-1 blockchain asset. Market sentiment is being buoyed by a steady 14% rise over the past six months and strong growth metrics, including a notable 200% surge in daily active addresses and 65% higher transaction counts in Q4 2024. Recent technical upgrades, namely the Spica rollout (introducing dynamic NFTs and efficiency gains) and the upcoming Supernova upgrade targeting sub-second block finality, position the network at the forefront of smart contract infrastructure innovation. Strategic integrations with industry leaders like Alibaba Cloud and Animoca Brands further strengthen MultiversX's sectoral relevance, especially as DeFi and gaming on-chain activity accelerates. Current technical indicators—RSI, MACD, and moving averages—collectively point to a 'Strong Buy' consensus, with EGLD holding above key support levels. Notably, the generally constructive outlook among 33 national and international analysts sets the next target price at around $22.35 USD. As the project consolidates its pioneering role in high-throughput, carbon-neutral blockchains, recent ecosystem growth and technical momentum make this a profile for investors to consider within the evolving digital asset landscape.
- ✅First live Layer-1 blockchain with full sharding implemented
- ✅Significant network activity growth and rising active users
- ✅Strong DeFi ecosystem with $107M total value locked
- ✅Carbon-neutral, energy-efficient blockchain infrastructure
- ✅Strategic partnerships with major tech and gaming leaders
- ❌High volatility; price remains far below previous all-time high
- ❌Ongoing execution risk with ambitious technical roadmap
- ✅First live Layer-1 blockchain with full sharding implemented
- ✅Significant network activity growth and rising active users
- ✅Strong DeFi ecosystem with $107M total value locked
- ✅Carbon-neutral, energy-efficient blockchain infrastructure
- ✅Strategic partnerships with major tech and gaming leaders
Is it the right time to buy MultiversX crypto?
- ✅First live Layer-1 blockchain with full sharding implemented
- ✅Significant network activity growth and rising active users
- ✅Strong DeFi ecosystem with $107M total value locked
- ✅Carbon-neutral, energy-efficient blockchain infrastructure
- ✅Strategic partnerships with major tech and gaming leaders
- ❌High volatility; price remains far below previous all-time high
- ❌Ongoing execution risk with ambitious technical roadmap
- ✅First live Layer-1 blockchain with full sharding implemented
- ✅Significant network activity growth and rising active users
- ✅Strong DeFi ecosystem with $107M total value locked
- ✅Carbon-neutral, energy-efficient blockchain infrastructure
- ✅Strategic partnerships with major tech and gaming leaders
- MultiversX in brief
- How much does 1 MultiversX cost?
- Our full review of the cryptocurrency MultiversX
- How to buy MultiversX?
- Our 7 tips for buying MultiversX
- The latest news from the MultiversX
- FAQ
Why Trust HelloSafe?
At HelloSafe, our expert has been closely monitoring the evolution of the MultiversX cryptocurrency for over three years. Each month, hundreds of thousands of users across India rely on us to decode market trends and identify the most promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased MultiversX nor received compensation from entities associated with its ecosystem.
MultiversX in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Origin blockchain | MultiversX (ex-Elrond), Romania | Originates from Romania, recognized for sharding innovation. |
💼 Project type | Layer 1 Blockchain Platform | Focuses on scalability and security for decentralized apps. |
🏛️ Creation date | May 2018 | Established in 2018; actively developing since then. |
🏢 Market capitalization | $435.9 million USD | Mid-cap status; well below historical peak valuation. |
📊 Market cap ranking | #173 | Positioned outside the top 100, reflecting moderate adoption. |
📈 24h trading volume | $16.7 million USD | Daily liquidity is adequate for regular trading volumes. |
💹 Total circulating tokens | 28.3 million EGLD | Current supply is near its capped total, ensuring scarcity. |
💡 Main objective of this cryptocurrency | Secure, scalable smart contract infrastructure | Aims to enable high-speed, secure decentralized applications. |
How much does 1 MultiversX cost?
The price of MultiversX is on the rise this week. Currently, EGLD trades at ₹1,285, up 4.4% in the past 24 hours and 1.4% over the past week, with a market capitalisation of ₹36.4 billion and an average three-month daily trading volume of ₹1.39 billion. Ranked 173rd by market cap, there are 28.3 million EGLD in circulation, representing about 0.021% of the global crypto market. As volatility remains high in the crypto space, investors are wise to watch MultiversX’s dynamics closely for emerging opportunities.
Our full review of the cryptocurrency MultiversX
Have recent trends in the MultiversX ecosystem signaled the start of a new phase for this smart contract platform? Drawing on a three-year study—backed by proprietary algorithms aggregating on-chain data, technical signals, market trends, and competitive forces—we’ve dissected MultiversX’s strengths and trajectory. So, why could 2025 present a strategic entry point into the evolving landscape of Layer-1 blockchains powered by real-world performance and innovation?
Performance Review and Recent Market Context
Recent Price Evolution
MultiversX (EGLD) has transitioned from recovery to acceleration, currently trading at $15.41 (as of June 7, 2025), up over 60% year-on-year and +14.2% over the last six months. Short-term momentum is robust too, with a 4.4% gain in the last 24 hours and 1.4% for the week—clear signs of persistent accumulation. While EGLD remains well below its November 2021 all-time high ($545.64), its price base has stabilized in the $12–$16 corridor after a sharp 52-week low ($11.81), substantially outperforming most small/mid-cap Layer-1 peers during recent market volatility.
Key Positive Events
- Spica Upgrade (Nov 2024): Seamlessly implemented, introducing advanced dynamic NFTs and faster on-chain settlement.
- Growth Games Initiative: $1.5M fund attracting innovative builders to the ecosystem.
- AI Nexus Gaming Launch: Triggered record daily transaction volumes and active address surges.
- Strategic Partnerships: Integration with global leaders like Alibaba Cloud and Animoca Brands sets MultiversX apart as an enterprise-ready platform.
- Supernova Upgrade (H1 2025): Expectation of sub-second finality (600ms blocks) is attracting developers and institutional explorers.
Macro and Sectoral Context
- Renewed market appetite for Layer-1 scalability and modularity.
- Growth in DeFi and GameFi, especially in Asia—a key market for MultiversX.
- Regulatory clarity for staking and digital asset custody in several jurisdictions, opening doors to institutional flows.
Technical Analysis
Crypto Indicators & Signals
- RSI (14): At 64.9, indicating solid but not overbought upward momentum.
- MACD (12,26): Positive at 0.07, reinforcing the ongoing bullish bias.
- Moving Averages: Both 20 and 50-period MAs signal “buy,” with the spot price sitting right above them ($15.11 and $15.07 respectively). The 200-day MA ($15.51) suggests imminent crossover, a typical harbinger of trend continuation.
Support/Resistance and Price Structure
- Support: $12.37 remains a formidable base, tested repeatedly with firm rebounds.
- Resistance: Next psychological barrier lies at $76.69—offering significant upside potential before major technical resistance is encountered.
Momentum and Structure
- Short- and mid-term structure remains strongly constructive: higher lows, increasing volume, buy signals across leading technical tools.
- Breaks above $16.00 could precipitate swift upward re-rating, given the historical liquidity vacuum up to the $30 zone.
Fundamental Analysis
Ecosystem Growth, Partnerships & Developer Activity
- Adoption: Q4 2024 saw a 200% surge in daily active addresses and a 65% leap in daily transactions.
- TVL: Currently at $107.4M, with DEX volumes averaging $2.6M daily (+90% QoQ)—a testament to sticky DeFi engagement.
- Staking: 56% participation, offering a strong, sustainable 7% yield—indicative of investor confidence and token velocity discipline.
- Strategic Alliances: Integrations with Alibaba Cloud, Pell Network, and Animoca Brands provide springboards for enterprise B2B and Web3 Gaming proliferation.
- Tech Edge: MultiversX pioneered full-state sharding—scaling, security, and speed, all underpinned by environmental sustainability (carbon neutral operations).
Relative Valuation & Structural Strength
- Market Cap: At $435.9M, EGLD trades at a steep discount vs. other Layer-1s with comparable user and developer growth metrics.
- Valuation Multiples: FV/TVL and revenue multiples remain materially below competitors—presenting tangible re-rating potential.
- Community: A growing, highly engaged developer cohort (targeting 1,000 monthly active builders) provides a vital flywheel for sustained innovation and adoption.
Volume & Liquidity
- Liquidity: $16.7M in daily spot volume—among the highest in its market cap bracket—reflecting genuine trading interest and deep order books.
- Market Access: Widely listed (Binance, HTX, MEXC, Coinbase, KuCoin), affording liquidity and institutional recognition (Coinbase 50 Index inclusion).
Dominance & Positioning
While currently ranked #173, EGLD’s unique value proposition—combinatorial scalability, Web3 interoperability, and onboardings in fast-growing Asian markets—positions it for outsized market share gains should bullish catalysts materialize.
Catalysts and Growth Engines
- Protocol Upgrades: The H1 2025 “Supernova” hard fork (sub-second settlement) is a defining event for competitive positioning.
- Ecosystem Expansion: Grants program and AI gaming platforms are already drawing capital and user flows.
- Regulatory Tailwinds: Increasingly positive outlook for staking/tax frameworks and growing institutional recognition bolster the case for sustainable inflows.
Investment Strategies and Tactical Considerations
Short-Term (1–3 months)
- Buyer’s Momentum: Current signals (RSI, MACD, MA9/20/50) underline strong entry dynamics—particularly for positioning ahead of the Supernova upgrade.
- Potential Entry Zone: Accumulating on minor pullbacks above $13–$14 could offer a favorable risk/reward balance.
Medium-Term (3–12 months)
- Catalyst-Driven Upside: Participation ahead of ecosystem upgrades and major partnerships (e.g., further Animoca or Alibaba Cloud collaborations) provides exposure to upward price action linked to adoption surges and TVL growth.
- Yield Layer: Staking EGLD at a 7% yield enhances overall returns while buffering downside volatility.
Long-Term (12+ months)
- Secular Thesis: MultiversX is targeting 100,000 TPS, one million monthly active users, and a deeply incentivized developer community. These are foundational drivers of exponential network value growth.
- Valuation Reversion: Given the historical relationship between Layer-1 adoption curves and price multiples, EGLD’s current discount to peers signals meaningful long-term upside.
MultiversX 5-Year Price Projections
Year | Projected Price (USD) |
---|---|
2025 | 19 USD |
2026 | 24 USD |
2027 | 29 USD |
2028 | 36 USD |
2029 | 47 USD |
Is Now the Right Time to Consider MultiversX?
Key Strengths Recap:
- Accelerating On-Chain Activity: 200%+ growth in active addresses, daily volumes at record highs, surging DEX and NFT activity.
- Strong Technicals: All major momentum signals, well-defined supports, and bullish structure.
- Institutional Access and Partnerships: Presence on tier-one exchanges, backed by significant enterprise and gaming alliances.
- Yield and Staking: Robust APY opportunities for investors seeking passive income and capital appreciation.
- Innovative Edge: First-mover in sharding, carbon neutrality, and developer-aligned fee structures.
Optimistic Outlook: The odds of a structural re-rating for MultiversX seem increasingly favorable, supported by technicals and a flourishing ecosystem. Momentum ahead of the Supernova upgrade, confluence of network effects, and attractive valuation multiples relative to Layer-1 peers combine to justify renewed investor interest. For those seeking exposure to a fast-evolving blockchain with tangible utility and a growing institutional footprint, MultiversX could well be on the cusp of a new growth phase.
MultiversX remains a highly volatile digital asset but offers compelling opportunities for dynamic investment strategies—best navigated with thoughtful risk management. The recent price resurgence and transformational ecosystem upgrades underscore MultiversX’s ability to drive powerful upward moves, and the forthcoming Supernova protocol event may serve as a decisive catalyst for future performance.
How to buy MultiversX?
It is simple and secure to buy MultiversX (EGLD) online using a regulated cryptocurrency platform. You generally have two main options: the spot purchase, where you directly own EGLD in a wallet, and trading via crypto CFDs (Contracts for Difference), where you speculate on price changes without owning the actual coins. Both methods are easily accessible to investors in India, offering flexibility based on your goals and risk profile. To help you choose the platform that best fits your needs, a comparative guide to EGLD buying platforms is available further down this page.
Spot Purchase
A spot purchase means you buy real MultiversX (EGLD) coins, which are deposited into your crypto wallet for personal custody. This method gives you true ownership—you can transfer, hold, or stake your EGLD as you wish. Most regulated exchanges in India charge a fixed commission per transaction (typically ₹100–₹200, 0.1–0.2% depending on the platform).
Example
If the price of MultiversX is $15.41 (about ₹1,283), investing ₹1,00,000 allows you to buy approximately 77 coins (₹1,00,000 ÷ ₹1,283 ≈ 77), considering about ₹200 in fees.
Profit Scenario: If EGLD rises by 10%, your portfolio grows to ₹1,10,000. Result: ₹10,000 profit before tax and fees, which is a 10% gross return on your initial investment.
Trading via CFD
Trading MultiversX through CFDs means you don’t own the actual coins, but you open a position on their price direction—up or down. CFD platforms typically charge a spread (difference between buy/sell price) and may impose overnight financing fees if you hold positions beyond one day.
Example
With ₹1,00,000 and 5x leverage, you open a CFD position totaling ₹5,00,000 exposure to EGLD.
Profit Scenario: If EGLD’s price increases by 8%, you realize a gain of 8% × 5 = 40% return. That’s ₹40,000 profit on a ₹1,00,000 investment (excluding fees).
Final Advice
Before investing in MultiversX, always compare the fees, features, and conditions offered by different platforms. Some offer lower commissions, while others provide enhanced security or leverage options. Your ideal method—spot buying or CFD trading—depends on your experience level and financial objectives. Explore our detailed platform comparison below to find the solution that best matches your approach and risk tolerance.
Compare the best cryptocurrency exchanges in India !Compare platformsOur 7 tips for buying MultiversX
📊 Step | 📝 Specific advice for MultiversX |
---|---|
1. Analyze the market | Review MultiversX’s recent performance (+60.8% YoY), technical signals (Strong Buy), volatility, and compare current prices to historical lows and highs before deciding to buy. |
2. Choose the right exchange | Select a trusted and liquid platform accessible from India (such as Binance or Coinbase) offering EGLD/INR or EGLD/USDT pairs for smooth trading and rupee conversion. |
3. Define your investment budget | Assess your personal risk tolerance, consider crypto’s high volatility, and start with an amount you can afford to invest—keeping a diversified portfolio in mind. |
4. Select your strategy | Decide if you want short-term gains (by taking advantage of technical indicator buy signals) or long-term holding (to benefit from potential network growth and staking yields). |
5. Monitor news & upgrades | Stay informed about upgrades like the coming Supernova release and MultiversX partnerships, as these can impact price, adoption, and technology. |
6. Use risk management tools | Set stop-loss orders, track price targets (like $20.03), and consider hardware wallet storage for security. Re-evaluate investment if sharp volatility or negative developments arise. |
7. Sell at the right time | Consider profit-taking when price approaches major resistance levels, after major network milestones, or if market indicators turn negative—always factoring in local tax implications. |
The latest news from the MultiversX
MultiversX continues to display robust technical strength with strong buy signals on all major trading indicators. The Relative Strength Index (RSI) stands at 64.9 and is supported by a bullish Moving Average Convergence Divergence (MACD), both reflecting upward momentum over the last week. Moving averages are also aligned to the upside, with short-term signals (MA20 and MA50) indicating further buy opportunities, while the price remains securely above a key local support of $12.37 USD. These patterns have resulted in a 4.4% price increase over 24 hours and a 1.4% gain for the week, signaling continued market interest in EGLD, including among Indian investors who can readily access EGLD across global exchanges.
The MultiversX ecosystem is seeing dynamic growth, as highlighted by surging user activity and innovative network upgrades. Recent quarterly data reveals a 65% rise in daily transactions and a dramatic 200% surge in daily active addresses. This growth is partly driven by the successful rollout of the Spica upgrade, which introduced dynamic NFTs and transaction efficiency improvements, further enhancing developer opportunities. Notably, these technology advancements and ecosystem incentives represent positive signals for Indian builders and web3 entrepreneurs seeking scalable, reliable infrastructure.
Major strategic partnerships and ecosystem integrations further increase MultiversX’s global and regional relevance, including for the Indian market. New collaborations with global leaders like Alibaba Cloud and Animoca Brands, along with technical integrations through the Pell Network, boost MultiversX’s reach and credibility. These partnerships extend development, compliance, and cloud deployment options, factors that can encourage the participation of established Indian blockchain companies and startups in the network’s ecosystem.
The upcoming Supernova technology upgrade is set to further accelerate the platform’s competitiveness, unlocking sub-second finality and greater scalability. Planned for H1 2025, Supernova's sub-second block times (targeting 600ms) make MultiversX a compelling infrastructure for real-time decentralized finance and gaming applications—areas witnessing rising developer and investor interest in India. This technical milestone is expected to attract talent and capital from the Indian crypto sector, which increasingly prioritizes networks that can deliver high performance at scale.
DeFi metrics show rapid expansion, with nearly doubled decentralized exchange volumes and heightened staking participation driving passive yield opportunities. With Total Value Locked reaching $107.4 million and average daily decentralized exchange volume up 90% quarter-over-quarter, core DeFi protocols like Hatom Protocol and xExchange are gaining traction. For Indian investors, this provides both liquidity and yield opportunities, supplemented by a healthy 7% network staking yield and accessible institutional-grade custody options, all while maintaining visibility and access via major licensed global exchanges available to users in India.
FAQ
What is the latest staking yield for MultiversX?
MultiversX currently offers a staking mechanism with an average observed annual yield of around 7%. The primary platform for staking is the native MultiversX network via its dedicated wallet or partners such as xExchange. Rewards are distributed regularly, and nearly 56% of eligible EGLD are already staked. Unstaking funds requires a waiting period of 10 days, which enhances network security and contributes to the stability of yields.
What are the forecasts for MultiversX in 2025, 2026, and 2027?
Based on the current price of 1,283 INR, forecasts stand at 1,925 INR by end of 2025, 2,566 INR by end of 2026, and 3,849 INR by end of 2027. The network aims to strengthen its ecosystem with the launch of Supernova (sub-second finality) and continues its adoption among major developers and partners. MultiversX stands out thanks to its advanced sharding technology and its ambition to become a key player in decentralized finance and Web3 applications.
Is now a good time to buy MultiversX?
Several technical indicators are currently favorable for MultiversX, with strong buy signals and positive momentum supported by recent technological innovations. The project is benefiting from growing adoption, strategic partnerships (Alibaba Cloud, Animoca Brands), and an expanding DeFi ecosystem. This strong position in the high-performance blockchain segment is attracting users, developers, and institutions alike, representing an opportunity to gain exposure to a promising trend.
What is the tax regime for MultiversX capital gains in India?
In India, capital gains from the sale or exchange of MultiversX (like all cryptocurrencies) are subject to a flat 30% tax on profits, with no specific exemptions. A 1% TDS (Tax Deducted at Source) also applies on every crypto transaction. Investors must declare all their transactions regardless of the amount. Since regulations change frequently, it is important to stay informed about the latest applicable tax provisions.
What is the latest staking yield for MultiversX?
MultiversX currently offers a staking mechanism with an average observed annual yield of around 7%. The primary platform for staking is the native MultiversX network via its dedicated wallet or partners such as xExchange. Rewards are distributed regularly, and nearly 56% of eligible EGLD are already staked. Unstaking funds requires a waiting period of 10 days, which enhances network security and contributes to the stability of yields.
What are the forecasts for MultiversX in 2025, 2026, and 2027?
Based on the current price of 1,283 INR, forecasts stand at 1,925 INR by end of 2025, 2,566 INR by end of 2026, and 3,849 INR by end of 2027. The network aims to strengthen its ecosystem with the launch of Supernova (sub-second finality) and continues its adoption among major developers and partners. MultiversX stands out thanks to its advanced sharding technology and its ambition to become a key player in decentralized finance and Web3 applications.
Is now a good time to buy MultiversX?
Several technical indicators are currently favorable for MultiversX, with strong buy signals and positive momentum supported by recent technological innovations. The project is benefiting from growing adoption, strategic partnerships (Alibaba Cloud, Animoca Brands), and an expanding DeFi ecosystem. This strong position in the high-performance blockchain segment is attracting users, developers, and institutions alike, representing an opportunity to gain exposure to a promising trend.
What is the tax regime for MultiversX capital gains in India?
In India, capital gains from the sale or exchange of MultiversX (like all cryptocurrencies) are subject to a flat 30% tax on profits, with no specific exemptions. A 1% TDS (Tax Deducted at Source) also applies on every crypto transaction. Investors must declare all their transactions regardless of the amount. Since regulations change frequently, it is important to stay informed about the latest applicable tax provisions.