Is it the right time to buy MultiversX crypto?
As of June 2025, MultiversX (EGLD) is priced around $15.39, with a daily trading volume close to $16.5 million. This Romanian-based blockchain platform stands out in the competitive smart contract and DeFi sector by leveraging pioneering adaptive sharding technology and strategic partnerships, most notably with Google via integration into BigQuery. While Q1 2025 saw considerable price volatility and a sentiment index in the 'fear' zone, recent technical enhancements—like the Barnard 1.10 network proposal and progress on the Andromeda and Supernova projects—reflect robust ongoing development and commitment to scalability. The ecosystem's expanding DeFi footprint, 3,000+ active nodes, and a growing suite of grants (including a $1.5M developer program) present constructive dynamics for future growth. According to the consensus of 33 national and international analysts, the target price sits around $22.32, underscoring underlying confidence in the protocol's technological edge and adoption potential. Amid sector-wide fluctuations, MultiversX’s continuous innovation and diversified Web3 strategy make it an increasingly relevant platform for investors exploring advanced blockchain opportunities.
- ✅Proven scalability via adaptive sharding and a high node count
- ✅Strategic integration with Google and ongoing developer grant programs
- ✅Rapid innovation with public testnet upgrades and new protocols
- ✅Expanding DeFi ecosystem and active community backing
- ✅Strong security model leveraging Secure Proof of Stake consensus
- ❌High price volatility noted in Q1 2025 performance
- ❌Faces intense competition from established smart contract leaders
- ✅Proven scalability via adaptive sharding and a high node count
- ✅Strategic integration with Google and ongoing developer grant programs
- ✅Rapid innovation with public testnet upgrades and new protocols
- ✅Expanding DeFi ecosystem and active community backing
- ✅Strong security model leveraging Secure Proof of Stake consensus
Is it the right time to buy MultiversX crypto?
- ✅Proven scalability via adaptive sharding and a high node count
- ✅Strategic integration with Google and ongoing developer grant programs
- ✅Rapid innovation with public testnet upgrades and new protocols
- ✅Expanding DeFi ecosystem and active community backing
- ✅Strong security model leveraging Secure Proof of Stake consensus
- ❌High price volatility noted in Q1 2025 performance
- ❌Faces intense competition from established smart contract leaders
- ✅Proven scalability via adaptive sharding and a high node count
- ✅Strategic integration with Google and ongoing developer grant programs
- ✅Rapid innovation with public testnet upgrades and new protocols
- ✅Expanding DeFi ecosystem and active community backing
- ✅Strong security model leveraging Secure Proof of Stake consensus
- MultiversX in brief
- How much does 1 MultiversX cost?
- Our comprehensive review of the cryptocurrency MultiversX
- How to buy MultiversX?
- Our 7 tips for buying MultiversX
- The latest news from the MultiversX
- FAQ
- On the same topic
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the evolution of the MultiversX cryptocurrency for over three years. Every month, hundreds of thousands of users in South Africa trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased MultiversX nor received any compensation from entities related to its ecosystem.
MultiversX in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Blockchain origin | MultiversX (formerly Elrond), Romania | Blockchain developed in Romania, innovative and scalable. |
💼 Project type | Layer 1, Smart contracts, DeFi, Web3, Metaverse | Base protocol supporting DeFi, NFTs, and Web3 applications. |
🏛️ Launch date | 2018 | Project started in 2018, mainnet live since July 2020. |
🏢 Market capitalization | $435.6 million | Solid capitalization but lower compared to sector leaders. |
📊 Market cap rank | About 115th worldwide | Notable position, but challenged by major competitors. |
📈 24h trading volume | $16.5 million | Stable volume indicating sufficient current liquidity. |
💹 Total tokens in circulation | 28.3 million EGLD (max 31.4M) | Circulating supply close to the maximum, potentially increasing scarcity. |
💡 Main objective of this cryptocurrency | Create a scalable, fast, secure blockchain for Web3. | Aims to support DeFi, metaverse and large-scale dApps. |
How much does 1 MultiversX cost?
The price of MultiversX is up this week. As of today, MultiversX (EGLD) is trading at R282.30, reflecting a +4.6% change in the past 24 hours and a 0.9% gain over the last seven days. The market capitalisation sits at approximately R7.99 billion, supported by an average daily trading volume of R302 million over the past three months. MultiversX holds the 106th spot globally, with 28.3 million EGLD in circulation and a market dominance of about 0.04%.
Remember, the South African crypto market remains highly dynamic—always assess risk and opportunity before any investment.
Compare the best cryptocurrency exchanges in South Africa !Compare platformsOur comprehensive review of the cryptocurrency MultiversX
Have recent market dynamics around MultiversX (EGLD) created the groundwork for a renewed bullish phase? Over the past three years, we have exhaustively dissected MultiversX’s trajectory, combining on-chain analytics, technical signals, market data, and a rigorous competitive review through proprietary quantitative frameworks. So, why might MultiversX again emerge in 2025 as a prime entry point within the scalable blockchain and Web3 infrastructure ecosystem?
Performance and Market Context
Recent Price Dynamics
After a challenging first quarter in 2025—with a price correction of -52%—EGLD has begun to recover, marked by a 4.6% daily increase and a 0.9% improvement over the past week. This retracement phase follows a strong annual performance of +60.7%, demonstrating the project’s robustness amidst sector volatility. As of June 7th, 2025, the EGLD token trades at $15.39, with a market cap of $435.6 million and a 24h trading volume of $16.5 million—demonstrating substantial liquidity and tangible investor interest.
Positive Catalysts
The recent integration with Google BigQuery significantly bolsters blockchain data accessibility, while the $1.5 million Growth Games program further incentivizes ecosystem builders. The rollout of the Andromeda upgrade on the public testnet, strategic collaborations (notably with Google Cloud), and ongoing developments such as Barnard 1.10 and Supernova, all underscore rapid technical momentum and ecosystem expansion.
Sector Backdrop
Macroeconomic sentiment toward crypto in 2025 has swung back to "cautious optimism." Regulatory clarity around digital assets is improving across Africa and emerging markets, with institutional allocations rising in Web3 infrastructure. Meanwhile, user demand for performant, scalable, and low-cost blockchains continues to intensify—placing MultiversX’s sharded architecture at an inflection point for renewed adoption.
Technical Analysis
Key Crypto Indicators
EGLD’s current RSI (31.42) and MACD (-0.33) both indicate a market in neutral to corrective mode, but also highlight a short-term oversold context with latent reversal potential. The price is compressed between the support cluster of $14.50–$13.61 and a resistance band at $15.79–$16.28. Notably, the price currently sits below its major moving averages—20 days ($17.65), 50 days ($17.44), 100 days ($17.72), and 200 days ($22.14)—which can be interpreted as a 'discounted entry zone' from a mean reversion perspective.
Reversal Structure
Despite the prevailing bearish sentiment (66% of market signals), the narrowing of downside momentum and the resilience above robust supports suggest a stabilization phase. The "Fear" level (index at 45) traditionally has preceded significant trend reversals across high-conviction Layer 1 assets. Short-term, a reclaim of the $16.28 resistance could spark a technical breakout, fueled by renewed ecosystem interest.
Momentum Outlook
- Short-term: High volatility window, but strong probability of sharp mean reversion.
- Medium-term: Structural bottoming and accumulation zone formation, with technical bounce potential toward the $18–20 range.
- Key thresholds: $14.01 support and $16.28 resistance as immediate signals for strategic positioning.
Fundamental Analysis
Adoption and Partnerships
MultiversX’s fundamentals display remarkable depth: an expanding validator network (3,000+ nodes), strategic alliances (notably with Google), and a live ecosystem of DeFi and metaverse dApps. The project’s secure Proof of Stake mechanism, adaptive sharding, and proprietary Elrond Virtual Machine differentiate it among Layer 1 competitors by maximizing scalability and security.
Relative Valuation
With a market cap ($435.6M) and FDV well below rival platforms like Solana or Ethereum—and a circulating supply cap (28.3M out of a max 31.4M EGLD)—valuation metrics point to significant upside potential, especially as MultiversX leverages new integrations and staking mechanics. The protocol’s TVL posted growth of +18% even during price contractions, a testament to user confidence.
Structural Strengths
- Advanced sharded blockchain architecture for massive throughput
- Active developer and user community
- Top-tier partnerships, strong cross-chain compatibility
- Staking opportunities generating native yield
- Real-world adoption push via enterprise and institutional collaborations
Market Liquidity and Positioning
Daily trading volumes surpassing $16 million, combined with deep liquidity on leading exchanges (Binance, Coinbase, HTX), ensure efficient order execution. EGLD remains a recognizable mid-cap project with favorable risk/reward versus both smaller, illiquid tokens and overbought major chains.
Positive Catalysts and Forward Drivers
Upcoming protocol upgrades (Barnard 1.10, mainnet Andromeda, Supernova), plus growing integration with the Google Cloud ecosystem, will likely drive network activity and broaden institutional exposure. Regulatory tailwinds and user migrations from congested blockchains to sharded models further consolidate MultiversX’s strategic value prop.
Investment Strategies (Across Horizons)
Short-Term Outlook (1–6 months)
- Current 'oversold' technical context offers attractive entry points for tactical investors.
- Potential for technical rebounds upon regaining the $16.28–$17.70 zone.
- Ideal positioning on confirmed retests of the $14.01–$14.50 support cluster.
Medium-Term Strategy (6–18 months)
- Anticipate re-rating as key updates (Andromeda, Supernova) move to mainnet.
- Strong upside potential as institutional DeFi, enterprise integrations, and Web3 user migration increase protocol activity.
- Posture for accumulation during broad market consolidations or preceding major protocol milestones.
Long-Term View (2–5+ years)
- Exposure to an ecosystem pioneering scalable, enterprise-grade blockchain infrastructure.
- Attractive buy-and-hold logic based on capped supply, expanding use cases, and consistently strong TVL/developer activity.
- Potential for exponential value capture amid wider adoption of sharded Layer 1s, especially if additional high-profile partnerships materialize.
MultiversX Price Predictions Table
Year | Projected Price (USD) |
---|---|
2025 | 19,917 USD |
2026 | 25,194 USD |
2027 | 32,038 USD |
2028 | 40,563 USD |
2029 | 54,032 USD |
Is Now the Right Time to Consider MultiversX?
Key strengths define MultiversX heading into mid-2025: a proven ability to rebound after extreme volatility, compelling advancement in network technology, deepening institutional and developer engagement, and clear catalysts in its protocol roadmap. Relative undervaluation versus sector benchmarks and technical positioning beneath fair value reinforce its appeal for both tactical and strategic allocation.
Should the anticipated technical reversals and ecosystem accelerators materialize, MultiversX could well inaugurate a decisive new bullish cycle—one primed for outsized moves as confidence returns to the scalable infrastructure space. The robust on-chain foundations, persistent liquidity, and imminent protocol upgrades all suggest that renewed investor interest is fully justified at current levels. MultiversX remains a dynamic investment opportunity requiring prudent risk management, but the ongoing technological evolution and ecosystem growth point to significant upside potential for proactive market participants.
MultiversX continues to display high volatility but offers excellent potential for dynamic investors. Its price resurgence underlines the project’s capacity for powerful recoveries, while the moving macroeconomic and regulatory environment urges careful positioning. Immediate support is established at $14.50, with $16.28 marking a critical resistance. The anticipated protocol upgrade scheduled for Q2 2025 may prove to be a pivotal catalyst in MultiversX’s trajectory.
How to buy MultiversX?
It is simple and secure to buy MultiversX (EGLD) online from South Africa, provided you use a regulated trading platform. There are two main ways to invest: spot buying (where you directly purchase and hold the actual cryptocurrency), or trading MultiversX via CFDs (Contracts for Difference), where you speculate on the price without owning the coin itself. Each method has its own advantages and risks. To help you choose the right solution for your needs, a detailed comparison of the main platforms available in ZA is provided further down the page.
Spot Purchase
Spot purchase means you buy actual MultiversX coins and store them in a secure wallet. With this approach, you take direct ownership of EGLD, allowing you to withdraw, transfer, or stake your coins as you wish. Typical fees on regulated platforms are a fixed commission per transaction, often around 0.1–0.2%, and may include a small fixed fee in ZAR.
Example
Suppose the price of MultiversX is $15.39 (about R285 at R18.50/USD). With an investment of R18,500 (about $1,000), you can buy approximately 64 EGLD coins (R18,500 / R285), accounting for a typical platform fee of around R100.
Gain scenario
If EGLD rises 10%, your coins’ value will be R20,350. Result: +R1,850 gross gain, or +10% on your initial investment.
Trading via CFD
CFD trading lets you speculate on the price movement of MultiversX without actually owning the coin. You open a position with exposure to price changes, benefiting from both upward and downward moves, and you can use leverage. Fees generally include the spread (the difference between buy and sell prices) plus daily overnight financing if your position is held for more than a day.
Example
You deposit R18,500 and use 5x leverage, giving you R92,500 exposure to EGLD.
Gain scenario
If MultiversX increases by 8%, your position gains 8% × 5 = 40%. Result: +R7,400 profit (R18,500 × 40%), not including spreads or overnight fees.
Final Tips
Always check and compare fees, supported features, and regulatory status of platforms before making any investment. The choice between spot purchase and CFD trading depends on your financial goals, risk tolerance, and experience. For your convenience, a comprehensive platform comparison is available just below on this page.
Compare the best cryptocurrency exchanges in South Africa !Compare platformsOur 7 tips for buying MultiversX
Step | Specific tip for MultiversX |
---|---|
1. Analyse the market | Review MultiversX’s recent price history, volatility (-52% in Q1 2025, but +60.7% YOY), and technical indicators (RSI 31.42, bearish sentiment). Compare support ($14.50, $14.01) and resistance levels ($15.39, $15.79). Analyse local ZAR/USD forex trends if funding in rand. |
2. Choose the right exchange | Select a reputable platform available in ZA (e.g. Binance, MEXC, Coinbase) that lists EGLD. Ensure it supports ZAR deposits or seamless USD conversion. Compare fees, ease of use, and regulatory compliance. |
3. Set your investment budget | Determine your risk profile and only allocate capital you can afford to lose. Consider volatility and avoid overexposure to a single crypto like MultiversX. Structure your position size prudently, taking into account potential forex fluctuations (ZAR/USD). |
4. Pick your investment strategy | Decide between a long-term hold (staking rewards available) vs. short-term trading. If staking, research network lock-up terms and expected rewards. For trading, monitor the market’s sentiment and technical signals for entry/exit points. |
5. Monitor news & tech developments | Stay informed on MultiversX updates: track progress of Andromeda, Supernova, and strategic partnerships (Google). In ZA, join local crypto forums for peer-to-peer insights and regulatory alerts. |
6. Use risk management tools | Set stop-loss and take-profit orders when buying EGLD. Diversify across several assets, don’t invest everything in EGLD. If possible, secure your tokens in a hardware wallet for better cybersecurity, and be mindful of local compliance obligations. |
7. Sell at the right moment | Identify clear profit-taking or loss-limiting thresholds based on your goals and market analysis. Monitor resistance levels closely. Consider broader market sentiment (Fear & Greed Index at 45), especially during volatile periods in both global and local (ZA) markets. |
The latest news from the MultiversX
MultiversX (EGLD) has recorded a positive weekly price increase of 0.9%, with an intraday jump of +4.6%. This moderate recovery comes after a challenging first quarter and takes place in a context of slow but constructive market momentum for EGLD: the asset’s annual performance sits at +60.7%, a significant capital appreciation despite recent volatility. The current price action is underpinned by a solid average daily trading volume ($16.5 million), suggesting that liquidity remains robust and that the asset continues to attract active interest, including from investors in Southern Africa where major exchanges such as Binance and Coinbase facilitate access to EGLD.
MultiversX’s DeFi ecosystem registered an 18% increase in Total Value Locked (TVL) in Q1 2025, signaling renewed engagement. Despite the token’s price dropping sharply (-52%) over the quarter, the TVL growth highlights sustained or growing trust in the network’s DeFi protocols, which could be viewed positively by South African fintechs looking to leverage scalable public blockchains for decentralized services and regional innovation. This rise in TVL aligns with a broader trend of African developers and enterprises exploring multichain DeFi solutions to enhance financial inclusion.
The recent integration of MultiversX with Google BigQuery bolsters data accessibility and enterprise appeal globally and regionally. With this integration, developers, fintechs, and institutional players, including those in South Africa, can conduct advanced analytics on MultiversX’s blockchain data at scale, encouraging enterprise adoption and downstream innovation. This partnership reinforces the project’s technical credibility and dovetails with the South African market’s increasing institutional interest and ongoing migration toward blockchain-enabled data transparency and compliance.
The launch of the "Growth Games" program, featuring $1.5 million in grants, is designed to fuel ecosystem expansion and Web3 use cases. This initiative fosters developer engagement and incentivizes the creation of decentralized apps, DeFi, and metaverse projects on MultiversX—areas of growing relevance in the South African tech space, particularly as local Web3 ventures seek global funding and acceleration opportunities. Positive spillovers may therefore emerge, with South African startups and developers able to access these grants and build regionally impactful solutions atop EGLD’s infrastructure.
Technical indicators currently show a neutral stance, with the RSI at 31.42 and MACD at -0.33, moderating downside pressure despite a short-term bearish consensus. Support levels ($14.50, $14.01, $13.61) remain resilient, and resistance at the current price ($15.39) may be tested in the coming sessions if macro sentiment improves. This technical stability, combined with the ongoing expansion of staking rewards and continuous protocol updates (like the Andromeda testnet and upcoming Barnard 1.10), further reassures stakeholders, including those in South Africa, that MultiversX maintains its long-term innovation drive amid near-term volatility.
FAQ
What is the latest MultiversX staking yield?
MultiversX currently offers a staking mechanism based on its own network via the Secure Proof of Stake consensus. The average yield observed on major platforms (notably on the official xPortal wallet) is often attractive, but it may fluctuate depending on network conditions. Rewards are distributed periodically, and the process usually involves a lock-up period when unstaking (around 10 days). Note: yields tend to decrease if the number of validators increases, which reflects ecosystem growth.
What is the forecast for MultiversX in 2025, 2026, and 2027?
It is estimated that the price of MultiversX could reach approximately R426 by the end of 2025, R569 by the end of 2026, and R853 by the end of 2027 (conversion based on the current USD/ZAR exchange rate). This trajectory is based on the ongoing expansion of the ecosystem, including new partnerships such as the one with Google and the ongoing technological innovation enabled by its sharding architecture. The platform is attracting more and more DeFi and metaverse projects, strengthening its medium-term growth potential.
Is now a good time to buy MultiversX?
MultiversX features cutting-edge technology with its adaptive sharding system, offering scalability and speed. Its rapidly expanding ecosystem already has over 3,000 validator nodes and is attracting attention from major partners such as Google. Despite recent volatility, the increasing adoption of Web3 and concrete use cases position MultiversX as a strong player in the blockchain space. Sector trends suggest medium-term rebound potential, especially due to recent network developments and DeFi growth.
How are capital gains on MultiversX taxed in South Africa?
In South Africa, capital gains on the sale of cryptoassets such as MultiversX are subject to Capital Gains Tax (CGT), which is part of the annual income tax return. The level of taxation depends on the size of the capital gain and the taxpayer's income tax bracket, with no specific exemption threshold for cryptocurrencies. It is mandatory to declare each transaction executed, regardless of the platform used. It is advisable to keep an accurate record of all your crypto transactions, as the South African tax authority is increasingly attentive to this sector.
What is the latest MultiversX staking yield?
MultiversX currently offers a staking mechanism based on its own network via the Secure Proof of Stake consensus. The average yield observed on major platforms (notably on the official xPortal wallet) is often attractive, but it may fluctuate depending on network conditions. Rewards are distributed periodically, and the process usually involves a lock-up period when unstaking (around 10 days). Note: yields tend to decrease if the number of validators increases, which reflects ecosystem growth.
What is the forecast for MultiversX in 2025, 2026, and 2027?
It is estimated that the price of MultiversX could reach approximately R426 by the end of 2025, R569 by the end of 2026, and R853 by the end of 2027 (conversion based on the current USD/ZAR exchange rate). This trajectory is based on the ongoing expansion of the ecosystem, including new partnerships such as the one with Google and the ongoing technological innovation enabled by its sharding architecture. The platform is attracting more and more DeFi and metaverse projects, strengthening its medium-term growth potential.
Is now a good time to buy MultiversX?
MultiversX features cutting-edge technology with its adaptive sharding system, offering scalability and speed. Its rapidly expanding ecosystem already has over 3,000 validator nodes and is attracting attention from major partners such as Google. Despite recent volatility, the increasing adoption of Web3 and concrete use cases position MultiversX as a strong player in the blockchain space. Sector trends suggest medium-term rebound potential, especially due to recent network developments and DeFi growth.
How are capital gains on MultiversX taxed in South Africa?
In South Africa, capital gains on the sale of cryptoassets such as MultiversX are subject to Capital Gains Tax (CGT), which is part of the annual income tax return. The level of taxation depends on the size of the capital gain and the taxpayer's income tax bracket, with no specific exemption threshold for cryptocurrencies. It is mandatory to declare each transaction executed, regardless of the platform used. It is advisable to keep an accurate record of all your crypto transactions, as the South African tax authority is increasingly attentive to this sector.