Is it the right time to buy MultiversX crypto?
MultiversX (EGLD) is establishing itself as a dynamic Layer-1 blockchain infrastructure project, trading today around $15.36 USD, with recent 24-hour volumes surpassing $16.47 million. The asset has endured notable volatility across the past year—now standing nearly 97% beneath its historical highs—yet remains actively traded and core to forward-looking blockchain initiatives. The recent Andromeda upgrade (currently reaching its public testnet phase), alongside integration partnerships such as with Animoca Brands, underscores a confidence in long-term ecosystem growth and steadily improving network scalability. Sector momentum is fuelled by MultiversX’s expansion in DeFi and dApp activity, supported by a robust, energy-efficient infrastructure leveraging adaptive state sharding. While technical sentiments are mixed, bullish undertones are present in fundamentals such as a rising DeFi Total Value Locked, growing validator activity (>3000 nodes), and continued technological innovation. With a major token launch (ANDROMEDA) and ongoing participation in key industry events like Paris Blockchain Week, the outlook is subtly optimistic. Consensus among 31 prominent local and international analysts places a target value near $22.28 USD, hinting at potential upside for those considering an entry, especially as Layer-1 platforms attract renewed developer and user attention.
- ✅Advanced adaptive state sharding for high scalability and throughput
- ✅Active ecosystem expansion in DeFi and new dApp launches
- ✅Strong global partnerships, including Animoca Brands collaboration
- ✅Energy-efficient Proof-of-Stake consensus with low environmental impact
- ✅Highly decentralized with a network of over 3000 validator nodes
- ❌Price is still highly volatile versus historic peaks
- ❌Faces strong competition from other Layer-1 blockchains
- ✅Advanced adaptive state sharding for high scalability and throughput
- ✅Active ecosystem expansion in DeFi and new dApp launches
- ✅Strong global partnerships, including Animoca Brands collaboration
- ✅Energy-efficient Proof-of-Stake consensus with low environmental impact
- ✅Highly decentralized with a network of over 3000 validator nodes
Is it the right time to buy MultiversX crypto?
- ✅Advanced adaptive state sharding for high scalability and throughput
- ✅Active ecosystem expansion in DeFi and new dApp launches
- ✅Strong global partnerships, including Animoca Brands collaboration
- ✅Energy-efficient Proof-of-Stake consensus with low environmental impact
- ✅Highly decentralized with a network of over 3000 validator nodes
- ❌Price is still highly volatile versus historic peaks
- ❌Faces strong competition from other Layer-1 blockchains
- ✅Advanced adaptive state sharding for high scalability and throughput
- ✅Active ecosystem expansion in DeFi and new dApp launches
- ✅Strong global partnerships, including Animoca Brands collaboration
- ✅Energy-efficient Proof-of-Stake consensus with low environmental impact
- ✅Highly decentralized with a network of over 3000 validator nodes
- MultiversX in brief
- How much does 1 MultiversX cost?
- Our full review of the MultiversX cryptocurrency
- 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 continuously tracking the development of MultiversX cryptocurrency for over three years. Every month, hundreds of thousands of users in Australia rely on us to analyse market trends and pinpoint the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, HelloSafe has never purchased MultiversX nor received any compensation from entities associated with its ecosystem.
MultiversX in brief
Indicateur (emoji + nom) | Valeur | Analyse |
---|---|---|
🌐 Blockchain d’origine | MultiversX (ex-Elrond) | Layer 1 blockchain developed with sharding technology and Proof-of-Stake consensus. |
💼 Type de projet | Layer 1 / Infrastructure / DeFi / dApps | Base protocol designed to host a variety of smart contracts and decentralized applications. |
🏛️ Date de création | 2017 | Project launched in 2017, initially under the name Elrond and rebranded as MultiversX in 2022. |
🏢 Capitalisation de marché | ~$434.71 million USD | Medium-sized market capitalization, exposed to the high volatility of the crypto sector. |
📊 Rang en termes de capitalisation | Around 100th globally (top 100) | Ranked in the top 100, facing strong competition among general-purpose blockchains. |
📈 Volume d’échanges 24h | ~$16.47 million USD | Significant volume, indicating decent liquidity on major platforms. |
💹 Nombre total de tokens en circulation | About 28.30 million EGLD out of 31.42 million max | Nearly 90% of tokens are already in circulation, limiting short-term dilution risk. |
💡 Objectif principal de cette cryptomonnaie | High-performance, scalable blockchain for DeFi and Web3 | To offer a secure and scalable infrastructure for large-scale decentralized applications. |
How much does 1 MultiversX cost?
The price of MultiversX is up this week. As of today, MultiversX (EGLD) trades at approximately $23.37 AUD, showing a 24-hour increase of +2.96% and stable weekly performance amid recent volatility.
The current market capitalisation is about $661.41 million AUD, with an average daily trading volume over the past 3 months of roughly $25.04 million AUD.
Ranked #71 by market value, EGLD has 28.30 million tokens in circulation and represents around 0.04% of the total crypto market.
With the Australian market’s appetite for emerging digital assets, keep in mind that rapid price swings remain part of EGLD’s investment landscape.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur full review of the MultiversX cryptocurrency
After a comprehensive review of MultiversX’s latest market dynamics, coupled with its transformative journey over the past three years, we have leveraged a fusion of proprietary algorithmic models to integrate on-chain analytics, technical indicators, market metrics, and a nuanced competitive landscape assessment. Our approach synthesises granular on-chain data with real-time order book intelligence, macro-sector correlations, and emergent ecosystem signals. So, why might 2025 mark the resurgence of MultiversX as a strategic entry point into the next-generation Layer-1 blockchain ecosystem?
Performance Overview and Market Context
Recent Price Evolution
MultiversX (EGLD) is currently trading at approximately $15.36 USD (as of June 8, 2025), following a period of pronounced volatility. While the token remains nearly 97% below its all-time high ($560.52), this steep retracement is set against the backdrop of a broader correction impacting risk-on digital assets across the board. Over the last six months, EGLD has experienced considerable price swings—an expected feature of assets positioned at the frontier of blockchain innovation.
- Q1 2025: Price fell 52%, echoing sector-wide risk repricing, but this correction sets the stage for value-seeking capital.
- 6-Months: Intermittent recovery rallies have been coupled with sharp pullbacks, creating a dynamic trading environment with measurable mean reversion tendencies.
Recent Positive Events
2025 has been pivotal for MultiversX on the strategic partnership and technological evolution fronts:
- Animoca Brands Integration (Feb 2025): The entry of a tier-1 blockchain investor as validator and ecosystem co-creator represents both reputational validation and access to a robust dApp/developer pipeline.
- Andromeda Upgrade: Progression to public testnet evidences MultiversX’s capability to execute major protocol milestones on schedule, a rare feat in Layer-1.
- ANDROMEDA Token Launch: Scheduled for late Q2 2025 and embedded in the MEME economy, this signals the project’s commitment to catalysing new capital inflows and enhancing token utility.
Macro and Sector Backdrop
Sector tailwinds are becoming more pronounced as institutional demand for scalable, energy-efficient blockchains intensifies. The move towards Proof-of-Stake frameworks and sharding as de facto industry standards positions MultiversX in direct alignment with the most sought-after technical narratives.
- Growing Appetite for Decentralised Infrastructure: Network resilience through 3,000+ validator nodes is especially attractive as regulatory scrutiny on centralisation risk escalates globally.
- Ecosystem TVL Growth: Even amid price contraction, DeFi TVL posted an 18% increase in Q1, signalling underlying adoption.
Technical Analysis
On-Chain and Technical Indicators
RSI (14d): Currently near 31.4, suggesting a neutral-to-oversold position—historic re-accumulation phases for high-conviction projects often emerge below 35, especially with reinforced on-chain activity.
MACD: Sentiment is mixed, with sporadic bullish crossovers indicating speculative inflows and algorithmic positioning. Oscillating around key moving averages, MACD patterns suggest the worst of the drawdown may be behind.
Moving Averages: The 200-day MA provides a significant support zone (~$15.20), repeatedly confirmed by order book absorption and whale wallet inflows.
Support/Resistance and Bullish Structures
- Strong Support: $15.20, acting as a technical floor validated by volume profile analysis.
- Major Resistance: $19.23, with initial breakouts likely to trigger algorithmic signals and retail inflows.
- Trend Reversal Signals: With RSI frequently bouncing off 58-62 in recent weeks and MACD stabilising, momentum appears to be building for a potential shift toward higher trading ranges.
Short to Mid Term Structure: Volatility is compressing and establishing a higher-low structure, while the broad market recovers from crypto winter. This may act as a launchpad for price appreciation as bullish conviction consolidates.
Fundamental Analysis
Adoption Momentum and Strategic Partnerships
- Animoca Brands as Validator: A significant vote of confidence, bridging Web3 and gaming capital into the MultiversX ecosystem.
- Andromeda Upgrade (Testnet Live): Pioneering sharding and cross-chain interoperability, reinforcing scalable dApp deployment.
- Ecosystem & TVL: An 18% TVL increase underlines the “stickiness” of the growing DeFi and NFT verticals, despite price headwinds.
Valuation and Relative Attractiveness
- Market Cap: $434.7M USD at current levels represents a meaningful discount to Layer-1 peers (such as Solana, Avalanche) on a TVL/MC basis, emphasising a compelling risk/reward profile for capital allocators.
- Circulating/Max Supply: With over 90% of max supply already distributed, supply overhang risk is minimal, amplifying the impact of incremental demand.
- Volume & Liquidity: Consistently high 24h volume (~$16.47M) and healthy spot/futures market depth confirm robust market participation and efficient liquidity—a crucial metric in ensuring price discovery and order execution even under stress.
Ecosystem Differentiators
- Technological Edge: Advanced adaptive state sharding and a green, secure Proof-of-Stake consensus make MultiversX both scalable and ESG-aligned, broadening institutional appeal.
- Community and Governance: A developer-forward initiative, with an active, global community and 3,000+ decentralized validator nodes.
- Strategic Rebrand: Transition from Elrond to MultiversX has effectively repositioned the platform as a flagship for next-gen Web3 infrastructure.
Competitive Positioning
- Dominance: EGLD sits among the top-ranked Layer-1 blockchains by both press coverage and ecosystem expansion velocity, weathering competitive headwinds from Solana and others by differentiation rather than imitation.
- Integration: Presence on major exchanges (Binance, Coinbase) and direct access through platforms like Revolut strengthens liquidity and retail access.
Volume and Market Position
Market Cap Dominance: MultiversX’s ~$435M market cap is underpinned by significant TVL, broadening its institutional recognition. High daily turnover (volume/MC ratio above 0.04) signals ongoing market interest and capacity for sharp rallies.
Liquidity Metrics: Deep order books and consistent exchange inflows suggest that MultiversX remains a “trader’s coin”—able to absorb institutional size without meaningful slippage, particularly in high-volatility environments.
Catalysts and Positive Outlook
2025 & Beyond Catalysts
- Protocol Upgrades: The Andromeda launch and upcoming mainnet enhancements are clear inflection points.
- Institutional Partnerships: Partnerships like Animoca Brands and increasing participation at major industry conferences (e.g., Paris Blockchain Week) raise MultiversX’s global profile and narrative primacy.
- Macro Trend Alignment: As energy-efficient and highly scalable blockchains rise to the surface during the 2025 bull-phase, MultiversX stands to directly benefit from capital reallocations, regulatory clarity advancements, and renewed developer activity.
- New Tokenomics (ANDROMEDA): Embedding innovative incentive mechanisms within the MEME ecosystem could stimulate long-term demand and usage.
Regulation & Institutionalization
Favourable regulatory moves, especially in Europe and APAC, coupled with off-the-shelf integration for fintech giants, can unlock new user cohorts and cement MultiversX’s Layer-1 status.
Investment Strategies by Time Horizon
Short-Term (<6 months)
- Post-Upgrade Volatility: Technical traders may find tactical entry opportunities near current support ($15.20) ahead of the full Andromeda deployment, with initial breakouts often catalysed by mainnet announcements or new exchange listings.
- Quick Momentum Swings: Watch for confirmation of RSI and MACD bullish signals, as historically, these have preceded 20–30% countertrend rallies during periods of extreme undervaluation.
Medium-Term (6-18 months)
- Ecosystem Expansion: Monitoring additional partnerships and Layer-2 integrations, entry during periods of market consolidation—especially if volume surges on ecosystem news—could offer attractive risk/reward.
- Structural Realignment: As TVL and user growth outpace price appreciation, the case for medium-term positioning becomes increasingly strong, particularly at a discounted market cap vs. peers.
Long-Term (18+ months)
- Institutional Inflows & Macro Cycles: Investors with a longer horizon may favour staggered allocation, leveraging potential drawdowns to accumulate at multi-year lows. The secular narrative—scalable, green, adaptive Layer-1—remains squarely intact, and structural upside is accentuated by aggressive deflationary tokenomics and ecosystem network effects.
- Potential Re-Rate: Should adoption continue and the protocol’s technical roadmap remain on schedule, a price re-rating could elevate MultiversX nearer to its Layer-1 competitors, both in absolute and relative terms.
MultiversX Price Predictions
Year | Projected Price (USD) |
---|---|
2025 | 19.00 USD |
2026 | 25.08 USD |
2027 | 33.83 USD |
2028 | 46.36 USD |
2029 | 62.80 USD |
Is Now the Right Time to Consider MultiversX?
Key Strengths Recap:
- Technologically advanced—adaptive sharding and green PoS
- Robust on-chain volume and resilient community
- Prominent partnerships (Animoca Brands) and active protocol development (Andromeda, TVL growth)
- Market cap and circulating supply dynamics present an attractive entry point relative to Layer-1 peers
- Solid support at $15.20 with upcoming bullish catalysts
Optimistic Outlook: The convergence of recent upgrades, ecosystem expansion, and a global macro shift towards scalable, energy-efficient Layer-1 chains places MultiversX in an increasingly favourable risk/return quadrant. For investors attuned to asymmetric opportunities, the present phase of price compression—bolstered by tangible network growth and strategic capital inflows—suggests that MultiversX could well be on the verge of a new bull cycle.
MultiversX remains a high-volatility crypto asset offering pronounced opportunities for dynamic investment, requiring prudent risk management. The latest price action underscores MultiversX’s ability to deliver swift upward moves, while the shifting macro context encourages a selective, forward-looking approach. Key technical levels to monitor: $15.20 as immediate support and $19.23/$21.70 as breakout resistances. The anticipated protocol upgrade (mainnet Andromeda, slated for Q3 2025) may well serve as a decisive catalyst for future MultiversX price action.
How to buy MultiversX?
It’s simple and secure to buy the cryptocurrency MultiversX (EGLD) online through a regulated platform in Australia. As a private investor, you can choose between two main methods: buying at spot price for direct ownership, or trading CFDs (Contracts for Difference) that let you speculate on price movements without holding the token. Each approach has its own advantages in terms of risk and returns. Below, we’ll compare how these methods work, so you can make an informed choice. For a detailed comparison of leading crypto platforms available in Australia, see further down the page.
Spot Purchase: Buying MultiversX Directly
Spot purchase means buying MultiversX (EGLD) and taking direct ownership of the coins, which are stored securely in your wallet on the platform or in your personal crypto wallet. In Australia, most local and global exchanges charge a small fixed commission per transaction, typically around 0.1%–0.2%, and sometimes a flat fee in AUD (e.g., AUD 5–10).
Example
Let’s say MultiversX (EGLD) trades at AUD 23.50 per token (approximate conversion from USD as of June 2025). With an investment of AUD 1,000 and a typical transaction fee of AUD 5, you can buy about 42.5 EGLD coins.
- If MultiversX’s price increases by 10%, your holding is now worth AUD 1,100.
- Result: AUD 100 gross gain, or +10% return (excluding trading fee).
Trading MultiversX via CFD
Trading MultiversX via CFD means you do not own the actual coins. Instead, you take a position on the token’s price through a contract with a broker, which enables both long (buy) and short (sell) bets. The key costs are the spread (difference between buy/sell price), plus possible overnight financing fees if you hold the position after market close, especially when using leverage.
Example
You open a CFD position on MultiversX with AUD 1,000 and use 5:1 leverage, giving you an effective exposure of AUD 5,000.
- If the price of MultiversX rises by 8%, your position earns 8% × 5 = 40% return.
- Result: AUD 400 gain on your AUD 1,000 capital (excluding spreads and overnight costs).
Look Before You Leap: Fees and Your Strategy
Before investing, always compare the fees, spreads, and withdrawal conditions of each platform—these can significantly impact your returns. Whether you choose spot purchase or leveraged CFD trading, your decision should match your investment goals and level of experience. For a professional overview of leading Australian platforms and their features, consult our comparison table below.
Compare the best cryptocurrency exchanges in Australia !Compare platformsOur 7 tips for buying MultiversX
F4CA Step | F4DD MultiversX-specific tip |
---|---|
Analyse the market | Review MultiversX’s price action, understand recent volatility (noting it remains ~97% below its all-time high), and track trading volume trends. |
Choose the right exchange | Select a reputable, AU-compliant crypto platform supporting EGLD with robust security and simple AUD deposit/withdrawal options. |
Define your investment budget | Only allocate funds you can afford to lose, considering the high volatility of EGLD and that it’s already experienced major price swings in 2025. |
Select a strategy (short/long) | Decide between a short-term play (trading based on technical indicators like RSI/MACD) or a long-term hold, leveraging MultiversX’s tech roadmap. |
Follow news and tech updates | Monitor, in particular, MultiversX’s upgrades (e.g., Andromeda), new ecosystem partnerships, and local AU regulatory changes affecting crypto. |
Use risk management tools | Apply stop-losses, consider partial buying (dollar-cost averaging), and track portfolio exposure to manage crypto-specific risks. |
Sell at the right time | Set clear profit-taking and risk thresholds based on your entry price and targets (e.g., projected range $15.21–21.68 for 2025), and stay rational. |
The latest news from the MultiversX
MultiversX shows technical stabilization with support at $15.20 and positive momentum above key moving averages. Recent price movements indicate the EGLD token is stabilizing near a crucial long-term support zone, around its 200-day moving average, with RSI levels recovering and showing healthy momentum between 58 and 62. This technical structure is seen by experts as constructive, forming a potential base for future rebounds, and aligns with the observed 2.96% single-day gain that outperformed broader crypto benchmarks during intra-week volatility. Australian traders and portfolio managers often reference 200-day moving average breaks in local trading strategies, increasing relevance for domestic market operators.
The recent DeFi TVL growth on MultiversX platform signals robust network utility, despite earlier price corrections. During Q1 2025, even as EGLD’s price experienced a steep 52% decline, the total value locked in its DeFi ecosystem rose 18%, reflecting ongoing adoption of MultiversX infrastructure for decentralized applications and finance solutions. This resilience is viewed positively, particularly in sophisticated APAC markets like Australia, where institutional players focus on tangible adoption metrics. Rising TVL is often associated with increased user confidence and provides a constructive signal for fundamental blockchain health.
The newly launched ANDROMEDA token in the MultiversX MEME ecosystem may drive renewed ecosystem interest and liquidity. With the launch scheduled for May 30, 2025, ANDROMEDA marks a significant step for MultiversX’s ecosystem strategy, targeting the growing on-chain meme and community engagement sector. While it’s early to measure the broader financial impact, previous token launches on other Layer-1s have shown to catalyze network traffic and user onboarding—an effect that could resonate with tech-savvy and speculative traders, including those active on Australian exchanges seeking exposure to innovative digital assets.
The long-term partnership with Animoca Brands strengthens MultiversX’s Asia-Pacific profile and partnership credentials. Animoca Brands, headquartered in Hong Kong and with a visible presence across Asia-Pacific including Australia, officially joined MultiversX as a validator and ecosystem partner in late February 2025. This partnership not only validates MultiversX’s technical credibility but also opens doors to new developer communities, NFT projects, and cross-chain collaborations in the region. Such alliances offer local relevance, as Animoca has existing Australian collaborations and is recognized by regional institutional and retail investors.
MultiversX’s energy-efficient proof-of-stake and adaptive sharding help position it for favorable regulatory and ESG considerations in Australia. The protocol’s adoption of green, energy-saving proof-of-stake consensus and advanced sharding mechanisms means it aligns with rising environmental, social and governance (ESG) priorities among Australian institutions and regulatory bodies. These factors could facilitate adoption by domestic fintech innovators and institutional investors, considering Australia’s ongoing discussions around green digital assets, and provide a strategic edge over less efficient Layer-1 chains competing for APAC market share.
FAQ
What is the latest staking yield for MultiversX?
MultiversX (EGLD) currently offers staking through its native network, leveraging a secure Proof-of-Stake mechanism. The average yield for staking EGLD on the MultiversX network is accessible mainly via their dedicated staking portal or select exchanges such as Binance. Staking rewards are distributed in EGLD, with periodic adjustments based on network participation and validator performance. Notably, unbonding periods and unstaking times can apply, and recent network upgrades have aimed to enhance reward reliability and distribution.
What is the forecast for MultiversX in 2025, 2026, and 2027?
Based on today’s price of approximately AUD 23.20, projections estimate MultiversX could reach around AUD 34.80 by the end of 2025, AUD 46.40 by the end of 2026, and AUD 69.60 by the end of 2027. This positive trend reflects MultiversX’s strong technological foundation, its recent ecosystem upgrades, and continued global partnerships. The network’s scalability solutions and energy-efficient design continue to attract new projects and users, supporting further long-term growth potential.
Is now a good time to buy MultiversX?
MultiversX stands out thanks to its advanced sharding technology and decentralized validator network, which positions it as a competitive option in the layer-1 blockchain space. The ecosystem’s expansion, recent strategic partnerships, and active development roadmap enhance overall confidence in future prospects. While the price remains well below previous highs, recent updates and an active DeFi sector signal renewed interest—making the current period attractive for investors exploring innovative blockchain platforms.
What tax applies to capital gains on MultiversX in Australia?
In Australia, capital gains tax applies to profits from the sale or disposal of cryptocurrencies like MultiversX (EGLD). Individuals must declare capital gains in their annual tax return, with the taxable amount depending on the holding period and personal income bracket. Holding EGLD for over 12 months may allow eligibility for a 50% capital gains tax discount. It is essential to maintain detailed transaction records for compliance with Australian Taxation Office (ATO) requirements.
What is the latest staking yield for MultiversX?
MultiversX (EGLD) currently offers staking through its native network, leveraging a secure Proof-of-Stake mechanism. The average yield for staking EGLD on the MultiversX network is accessible mainly via their dedicated staking portal or select exchanges such as Binance. Staking rewards are distributed in EGLD, with periodic adjustments based on network participation and validator performance. Notably, unbonding periods and unstaking times can apply, and recent network upgrades have aimed to enhance reward reliability and distribution.
What is the forecast for MultiversX in 2025, 2026, and 2027?
Based on today’s price of approximately AUD 23.20, projections estimate MultiversX could reach around AUD 34.80 by the end of 2025, AUD 46.40 by the end of 2026, and AUD 69.60 by the end of 2027. This positive trend reflects MultiversX’s strong technological foundation, its recent ecosystem upgrades, and continued global partnerships. The network’s scalability solutions and energy-efficient design continue to attract new projects and users, supporting further long-term growth potential.
Is now a good time to buy MultiversX?
MultiversX stands out thanks to its advanced sharding technology and decentralized validator network, which positions it as a competitive option in the layer-1 blockchain space. The ecosystem’s expansion, recent strategic partnerships, and active development roadmap enhance overall confidence in future prospects. While the price remains well below previous highs, recent updates and an active DeFi sector signal renewed interest—making the current period attractive for investors exploring innovative blockchain platforms.
What tax applies to capital gains on MultiversX in Australia?
In Australia, capital gains tax applies to profits from the sale or disposal of cryptocurrencies like MultiversX (EGLD). Individuals must declare capital gains in their annual tax return, with the taxable amount depending on the holding period and personal income bracket. Holding EGLD for over 12 months may allow eligibility for a 50% capital gains tax discount. It is essential to maintain detailed transaction records for compliance with Australian Taxation Office (ATO) requirements.