EGOLD Name Clarification: MultiversX (EGLD) vs. BNB Smart Chain’s EGOLD
In the cryptocurrency space, the name “EGOLD” can refer to two distinct digital assets. One is EGLD, the native token of the widely known MultiversX (formerly Elrond Network), whose full name is “eGold.”The other is the newer EGOLD token running on the BNB Smart Chain. Understanding their backgrounds, mechanisms, and market performance is crucial for investors.
1. MultiversX (EGLD) - eGold
EGLD is the core token of the MultiversX blockchain ecosystem.MultiversX is a blockchain platform designed to provide high scalability, security, and support for decentralized applications (dApps). It is unique in its use of Adaptive State Sharding technology and the Secure Proof of Stake (SPoS) consensus mechanism, and features a dedicated virtual machine.
Project Overview and Latest Developments
- Core Network Functions: The EGLD token plays multiple roles within the MultiversX network, including paying transaction fees, executing smart contracts, securing the network through staking, and participating in network governance decisions.
- Rebranding: MultiversX (formerly Elrond) announced a comprehensive rebranding at the 2022 X-Day conference in Paris and simultaneously launched several new products aimed at expanding its Web3 ecosystem.
- Network Performance: As of this writing, the MultiversX network has been operating stably for over 1,200 days, with an average transaction cost of approximately $0.002 and a cumulative total of over 424 million transactions processed, demonstrating its efficiency and low-cost nature.
- Economic Model: MultiversX’s economic model is designed to balance network growth, security, and token scarcity. Through burning mechanisms and programmatic buybacks, the value of EGLD is closely tied to network usage and developer activity.
Key EGLD Metrics (as of August 1, 2026)
- Current Price: Approximately $2.72.
- All-Time High: Reached $545.64.
- All-Time Low: As low as $2.43.
- Total Supply: Approximately 30,473,278 EGLD.
- Maximum Supply: Approximately 31,415,926 EGLD (this figure is dynamically adjusted as transactions are processed on the network).
- Circulating Supply: Approximately 30,468,122 EGLD.
- Market Capitalization: Approximately $83.17 million.
- 24-Hour Trading Volume: Approximately $3.29 million.
Official Website and Exchanges
MultiversX’s official website is multiversx.com.
EGLD can be traded on several major cryptocurrency exchanges, including:
- Binance (Binance)
- MEXC Global
- Gate
- Upbit
- OKX
- Bybit
- Crypto.com (may support exchanges via Onchain)
2. EGOLD (BNB Smart Chain)
Another cryptocurrency called EGOLD was launched in 2022 and runs on the BNB Smart Chain (BEP20) platform. The project, which calls itself the “EGold Project,” aims to allow users to mine EGOLD tokens by purchasing Egold Miner NFTs through an algorithmic NFT (ANFT) mining platform.
Project Overview
The EGold Project describes its vision as digitizing crypto mining; through a streamlined application, users can purchase miner NFTs, mine, collect, and trade EGOLD tokens. However, publicly available information lacks detailed specifics regarding its technical details, team background, and specific operational model.
EGOLD Key Data (as of August 1, 2026)
- Current Price: Approximately $0.00002067.
- Current Supply: Approximately 20,679,093.264063 EGOLD.
- Circulating Supply: Most data sources show 0 or “Data Not Available,” indicating extremely low market liquidity.
- Total Supply: Approximately 19.553 million EGOLD (according to Live Coin Watch data).
- Max Supply: Approximately 21 million EGOLD (according to Live Coin Watch data).
- 24-hour trading volume: $0.00.
Risk Warning: Given that the 24-hour trading volume for the EGOLD token is zero and the circulating supply data is missing or shown as zero, its market activity is extremely low, posing a high liquidity risk. Investors must conduct thorough due diligence and fully understand the potential risks when considering any such project.
Official Website and Exchanges
The official website of the EGold Project is egoldproject.com.
Based on available information, the EGOLD token is not listed on any major centralized exchanges. Although the Binance Web3 wallet may support exchanging EGOLD via decentralized exchanges (DEXs), actual trading may be difficult given its extremely low trading volume and liquidity.Please verify the token’s listing status and liquidity on DEXs yourself before trading, and remain vigilant about potential risks.
