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About MultiversX
Analysis of 11 Jul 2026MultiversX is a sharded Layer 1 network whose EGLD token pays transaction fees, secures validators, and supports on-chain governance. CoinGecko reported about 30.30 million EGLD circulating, an $85.4 million market capitalization, and a price near $2.82 in July 2026.
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The December 2025 economics upgrade replaced the old genesis-based issuance schedule with 8.757% first-year tail inflation, annual decay of 0.25 percentage points, and a 2% floor. That live model conflicts with an official documentation page that still states a 31.4 million theoretical cap.
MultiversX launched an Agent Hub with 14 MCP tools and several agent-payment standards in March 2026. Supernova, which targets 600-millisecond blocks and 100 to 250 millisecond intra-shard finality, had not reached mainnet in the latest official status because security remediation and activation gates remained open.
