Shift to DeFi and cross-chain integration back Elrond’s (EGLD) 700% rally

Shift to DeFi and cross-chain integration back Elrond’s (EGLD) 700% rally

The Maiar wallet release and DeFi integration with Binance Smart Chain are just a few of the new developments backing Elrond’s 700% rally to $216. Elrond (EGLD) price has increased by 700% since Feb. 1 as new partnerships and protocol upgrades bolster investor confidence in the project. Elrond is a blockchain protocol designed to offer fast transaction speeds through the implementation of sharding for use with dapps, enterprise use cases and the new internet economy. The most recent price surge followed the release of the Maiar wallet which offers a variety of user-focused features....


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Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally c...

Elrond is quietly becoming one of the best-performing altcoins in the current bull market. With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC's coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over the past 24 hours and nearing its all-time high. The current highs above $27 is an increase of over 200% in December and more than 1,500% year-to-date, marking an extremely bullish year for this project. Elrond becomes ninth crypto project listed on eToroX Elrond’s recent run....

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EGLD’s price shows a spark of strength as the price bounced off from $45 with good volume.  EGLD continues in a range-bound movement as the price aims to breakout ahead of a rally to $80.  The price of EGLD continues to trade above the 50 Exponential Moving Average (EMA) as the price creeps in on the daily timeframe. Despite market uncertainties that have affected the prices of many altcoins in recent weeks, the price of Elrond (EGLD) has remained strong. Elrond (EGLD) has held firm, defending its support as the price remains in a range, with a possible breakout as the price targets....

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