MultiversX is making serious moves to secure a spot among the top 50 cryptocurrencies. Formerly known as Elrond, the project has doubled down on scalability, speed, and real-world utility. With recent upgrades to its adaptive state sharding technology and enhanced security for its WASM-based smart contracts, the network now boasts some of the lowest latency and highest throughput in Web3.

On the adoption front, MultiversX has expanded its ecosystem by onboarding new dApps, launching DeFi incentives, and striking partnerships with fintech and gaming platforms. The XPortal app is gaining traction as an all-in-one digital wallet, social hub, and launchpad for new Web3 users.

With a strong push toward developer education and cross-chain integration, MultiversX is positioning itself not just as a tech leader, but as a user-friendly gateway to the decentralized internet. If momentum continues, its climb into the top 50 could be inevitable.

Don’t forget, they recently announced a U.S. HQ!

~ The Gold on EGLD

Leave a comment