EGLD Cryptocurrency: Beyond the Ordinary, Exploring the Next 100x Opportunity?

Have you ever imagined what kind of market transformation a blockchain network supporting over 100,000 transactions per second and highly decentralized could bring? This is the future that MultiversX (EGLD) is building.

As of January 16, 2026, the price of EGLD on the Gate exchange is approximately $6.16, ranking 173rd in the global cryptocurrency market capitalization list.

01 Current Price Status and Market Performance

Currently, MultiversX is in a critical phase of technological transformation. According to the latest data from Gate exchange on January 16, EGLD's real-time price is about $6.16.

This price level is within recent fluctuation ranges, with a circulating supply of 29,117,600 EGLD, corresponding to a market cap of approximately $179,398,000.

In the short term, EGLD has slightly decreased in the past 24 hours by about $0.17. However, looking at a longer timeline, it has shown a 0.29% upward trend over the past 7 days, while it has retraced 9.58% over the past month. This short-term volatility contrasted with long-term technical development is a core contradiction that investors need to pay attention to.

A recent key market dynamic is that Binance removed the EGLD/BTC margin trading pair on January 15, which market analysts interpret as a short-term bearish factor, potentially reducing leverage trading liquidity and market activity to some extent.

02 Technical Progress and Roadmap

MultiversX's technical roadmap is central to supporting its long-term value proposition. According to official plans, a series of major upgrades will be implemented by 2026.

Most notably, the launch of Staking v5 mainnet is planned for Q1 2026. This upgrade aims to reduce centralization risks by lowering hardware requirements for node operators, thereby attracting more participants to network validation.

Meanwhile, the Supernova protocol is scheduled to activate in the first half of 2026. This is a major upgrade focused on horizontal scaling through sharding optimization, with a goal of reaching a processing capacity of 100,000+ TPS.

Another strategic focus is the release of the Sovereign Chains SDK, which will enable developers to launch application-specific blockchains interoperable with MultiversX.

03 Ecosystem and Partnerships

Ecosystem development is a key indicator of a blockchain project's success. MultiversX is expanding its application boundaries through strategic partnerships.

On December 8, 2025, xMoney announced plans to launch three fiat-backed stablecoins—EURXM, USDXM, and RONXM—on MultiversX by June 2026.

These stablecoins, compliant with the EU's Markets in Crypto-Assets Regulation (MiCA), will be integrated with xMoney's payment gateway and debit card, bringing richer financial application scenarios and real-world use cases to the MultiversX ecosystem.

Currently, the number of network accounts on MultiversX has reached 9.1 million, demonstrating continuous growth in its user base. This ecosystem expansion directly increases demand for EGLD tokens, as they are the core asset for network transaction fees, staking, and governance.

04 Community Sentiment and Market Perspectives

Community opinions on EGLD are notably divided. Long-term investors see it as a “generation investment opportunity,” comparing it to early internet investments, believing MultiversX represents the next generation of blockchain infrastructure.

This view emphasizes the project's fundamental technological value rather than short-term price fluctuations.

Traders focus more on key technical price levels. Some analysts point out that $12 is a critical support level; if the weekly closing price falls below this, it may further decline to the $6-7 range. This technical analysis reflects cautious short-term market sentiment.

In terms of governance participation, the MultiversX community shows high activity. In a governance proposal in October 2025, 40% of eligible stakers participated in voting, with 94.55% approving the new economic proposal.

05 Price Forecast and Future Outlook

Based on technical analysis and project fundamentals, several institutions have made predictions for EGLD's future price. These forecasts provide investors with reference frameworks across different time horizons.

For 2025, analysts estimate EGLD's minimum price could be around $6.66, with a maximum of about $7.49, and an average trading price of approximately $7.28 for the year.

This indicates potential upside from current levels. Notably, the December 2025 price forecast centers around $7.28, reflecting market expectations of a price rebound before the year's end.

Looking ahead to 2026, forecasts show further growth potential. Analysts project the minimum price to be around $9.98, with a maximum of approximately $12.22, and an average trading price near $10.27.

If these predictions materialize, there will be significant growth potential from current levels. Month-by-month, the forecasted price range for January 2026 is between $6.94 and $7.88, with an average price of about $7.53.

The Evolution of the Crypto Forest

The technological upgrade roadmap and ecosystem development pace form the backbone of MultiversX's value growth. When Staking v5 lowers participation barriers and Supernova breaks through performance bottlenecks, EGLD will no longer be just a symbol on trading charts.

Data from Gate exchange shows that EGLD's technical indicators are depicting a divergence: short-term moving averages are trending downward, while long-term network development indicators are steadily rising.

As the 2026 roadmap is gradually implemented, this divergence may converge. The real turning point may not be on the price chart but in the number of newly deployed smart contracts on the developer portal and in the actual transaction processing capacity tested per second.