Should You Buy MultiversX in 2025?

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At HelloSafe, our expert has been monitoring the evolution of the MultiversX cryptocurrency for over three years. Each month, hundreds of thousands of users across Canada rely on us to analyze 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 guidelines, HelloSafe has never purchased MultiversX or received compensation from entities connected to its ecosystem.

MultiversX in brief

How much does one MultiversX cost?

The price of MultiversX is down this week. As of today, EGLD is trading at approximately CA$21.70, showing a -1.92% drop over the past 24 hours and a -12.12% decline in the last week.

Its market capitalization now stands around CA$614 million, with a 3-month average trading volume near CA$17.2 million.

MultiversX currently ranks 100th by market cap, with about 28.3 million EGLD in circulation and a market dominance of 0.032%.

The high volatility observed recently highlights both significant risk and potential opportunities for investors in the Canadian crypto market.

Our full review of the MultiversX cryptocurrency

Have MultiversX’s latest trends and its multi-year evolution signaled the return of a high-conviction narrative? By leveraging our proprietary algorithms, we’ve synthesized on-chain data, technical signals, market dynamics, and competitive benchmarks to form a holistic assessment. So, why might MultiversX once again represent a strategic point of entry for next-generation blockchain infrastructure in 2025?

Recent Performance and Market Context

Price Evolution: Signs of an Overextended Correction

After peaking in 2021, MultiversX (EGLD) has experienced significant volatility, reflecting the cyclical nature of crypto assets and the broader Layer 1 (L1) competition. As of June 2025, EGLD trades at $15.80 USD, marking a 60.7% correction over the past twelve months. Despite this decline, it’s essential to contextualize EGLD’s performance within a crypto market that has cyclically repriced risk assets, specifically L1 protocols affected by rotation into AI, DeFi, and Bitcoin-dominated narratives.

Notably, Q4 2024 marked a robust fundamental recovery for EGLD:

• Market cap surged +23% QoQ to $926.8M.
• Network fees soared +85% QoQ, signaling a sharp uptick in usage and activity.
• Average daily active addresses exploded +200% QoQ to 78,500.

Such metrics indicate resilient user engagement and ecosystem growth, even as prices reset, often preceding structural trend reversals in digital assets.

Positive Catalysts Outshining Short-Term Weakness

Beyond price, a sequence of high-caliber developments has solidified MultiversX’s long-term foundation:

• Spica upgrade deployed (Nov 2024): Unlocks dynamic NFT features and developer leverage.
• Alibaba Cloud partnership: Confirms institutional trust in MultiversX’s tech stack.
• Animoca Brands as validator: Bridges Web3 gaming and consumer application networks.
• Key C-level hires: Strategic expansion with ex-Cardano and Sui Foundation executives.
• Forthcoming Supernova upgrade: Slated to cut block finality times tenfold, potentially propelling DeFi, GameFi, and AI dApps adoption.

From a macro angle, 2025 signals a return to growth for the digital asset sector:

• Rising institutional adoption, expanding regulatory clarity in North America.
• Renewed capital inflows into scalable Layer 1 solutions as DeFi and AI narratives converge.
• Continued demand for robust, user-centric infrastructure with on-chain scalability.

Collectively, MultiversX’s recent setbacks seem tactical—setting the stage for reaccumulation before the sector’s next expansionary leg.

Technical Analysis

Key On-chain and Chart Indicators

Despite bearish price momentum in the first half of 2025, several technical signals suggest the presence of a bottom-building structure worthy of closer attention:

• RSI and MACD: Neutral-to-mixed (per aggregated technical reports). This reflects exhaustion in prior selling pressure, often preceding trend reversals.
• 200-day moving average ($30): Serves as both a psychological and tactical resistance, making any reclamation above this level a bullish inflection.
• Support structure: Current price action hovers near multi-month support, established in the $15-$18 range—zones historically associated with high developer and user engagement.
• Volume profile: The $12.52M daily volume remains robust, indicating liquidity depth and active discovery—vital for scaling positions both for institutional and retail market participants.

Bullish Setup in the Medium Term

Price action since Q1 2025 speaks to capitulation followed by a period of accumulation. With upcoming protocol upgrades and renewed ecosystem activity, there are growing arguments for anticipating a structural reversal, particularly on any retest or breakout above the $20–$22 zone.

A decisive push through key moving averages, backed by surge in network activity and positive newsflow, could be the catalyst for re-rating EGLD into a new trading range—and set the stage for a sustained uptrend.

Fundamental Analysis

Accelerated Adoption & Strategic Momentum

MultiversX’s underlying fundamentals continue to impress:

• Q4 2024 Activity Metrics:
• Transactions: +65% QoQ to over 377,900 per day
• Network Fees: +85% QoQ, underscoring economic traction
• Tokens launched: Over 850 in Q4 alone, up +312%
• Staking: With 56% of eligible EGLD staked, conviction among long-term holders remains high, reducing effective circulating float and supporting price resilience.
• Partnerships/Funding: Tie-ins with global cloud providers (Google, AWS, Alibaba) and a $1.5M “Growth Games” grant for DeFi/AI devs amplify MultiversX’s position as a leading innovation hub across dApps verticals.
• Ecosystem TVL: Total Value Locked in DeFi applications at $107.4M (+4% QoQ) and daily DEX volume at $2.6M (+90% QoQ), both mark clear resurgence of user-driven engagement.

Relative Valuation: An Undervalued L1?

At $446M market cap, MultiversX stands at a steep discount compared to sector peers (Ethereum, Solana, Avalanche), especially given active user metrics, technology differentiation, and developer traction. The combination of a 7% staking yield, ecosystem growth, and scalable architecture suggests the project’s current pricing more than reflects cyclical headwinds.

Technology, Community, and Differentiation

• Adaptive Sharding: MultiversX uniquely delivers network, transaction, and state sharding—a trifecta typically referenced as the “holy grail” of blockchain scalability.
• Validator Base: Over 3,200 nodes reinforce decentralization and security.
• Active Community: Growth in daily addresses and network engagement metrics reflects sustained grassroots support, essential for lasting ecosystem dynamism.

Market Liquidity and Capitalization

• Volume: $12.52M daily—ample for tactical allocation and efficient order execution.
• Market Cap: Strong positioning—EGLD is among the top 100 crypto assets, offering depth and liquidity but maintaining outlier growth potential for those seeking asymmetric upside.

Catalysts and Positive Outlook

Forthcoming Accelerants

• Supernova Upgrade (H1 2025): ‘Sub-second’ block finality (600ms)—could pivot MultiversX to the forefront of DeFi and real-time blockchain apps.
• Sovereign Chains: Enables advanced interoperability, likely to attract new dApps and cross-chain capital.
• USH Stablecoin Launch: (March 2025) by Hatom Protocol, critical for native DeFi adoption and enhanced ecosystem stickiness.
• Institutional Expansion: Partnership with Alibaba Cloud and upcoming discussions for U.S. expansion position MultiversX as a compliance-ready, scalable infrastructure play.
• $1.5M Growth Games Fund: Focused on AI/DeFi projects, ensuring next-generation developer adoption.

Regulatory & Market Environment

North America’s progressive stance toward Layer 1 blockchains, combined with surging interest in AI and DeFi convergence, lays a fertile runway for the kind of modular, performant blockchain infrastructure MultiversX provides.

Investment Strategies According to Time Horizon

Short-term (Weeks to Months)

• Entry on Pullbacks: With support clearly defined in the $15–$18 range and a key resistance target at $20–$22, tactical entries during volatility spikes appear attractive.
• Catalyst-driven Trading: Anticipating the Supernova upgrade and USH stablecoin launch, price-sensitive allocation before these events could capture pre-upgrade momentum.

Medium-term (3–12 Months)

Accumulation Ahead of Ecosystem Milestones: Institutional partnerships, adoption metrics, and protocol upgrades could drive a multi-quarter re-rating. Positions initiated during post-capitulation consolidation could benefit from ecosystem tailwinds and renewed market narrative adoption.

Long-term (1 Year+)

• Structural Bet on Composability and Interoperability: MultiversX’s sharding innovations, combined with an expanding validator set and multi-cloud partnerships, pave the way for mainstream developer and user onboarding as the L1 race intensifies.
• Staking Rewards: The 7% annual yield, coupled with significant staking participation, offers an attractive foundation for long-term capital appreciation through both token appreciation and yield compounding.

Price Projection Table for MultiversX (EGLD)

Is Now the Right Time to Consider MultiversX?

MultiversX presents a compelling case, combining deep technology, a surging ecosystem, high-profile partnerships, and accelerating on-chain adoption. Its discounted valuation relative to sector benchmarks, alongside robust staking rates and ecosystem expansion, underpins strong “mean reversion” potential as macro and sectoral headwinds fade.

Key strengths supporting EGLD’s renewed opportunity:

• Ecosystem momentum: Sustained growth across users, transactions, TVL, and token launches.
• Forthcoming catalysts: Supernova upgrade, new stablecoin, and growth grants aligning with sector trends (AI, DeFi).
• Liquidity and market depth: Ensuring efficient allocations for both short- and long-term strategies.
• Strategic partnerships: Deep links with cloud giants and institutional validators.

Given the ongoing network upgrades, visible developer traction, and favorable regulatory context, MultiversX increasingly appears to represent a robust opportunity for exposure to the next wave of blockchain innovation. Investors seeking a sophisticated asymmetric bet on high-performance Layer 1s will likely find the fundamentals here justify renewed attention. In a market primed for technological re-rating and utility-driven adoption, MultiversX could well be positioned for its next major leg higher.

MultiversX remains a high-volatility cryptocurrency that offers significant opportunities for dynamic investing, demanding rigorous risk management. The recent acceleration in metrics and partnerships underscores EGLD’s ability to generate powerful upswings, while macro conditions urge selective conviction. Key technical levels to monitor are $30 as the immediate support and $37 as the principal resistance. The upcoming Supernova upgrade, set for H1 2025, could prove a decisive catalyst for MultiversX’s future trajectory.

How to buy MultiversX?

It’s simple and secure to buy the cryptocurrency MultiversX (EGLD) online through a regulated platform in Canada. Investors can choose between two main methods: spot purchase, which gives you direct ownership of the coin, or CFD trading, which allows you to speculate on price movements without actually holding EGLD. Each approach has its own advantages and risks, depending on your investment goals and experience. To help you make an informed decision, you’ll find a detailed comparison of platforms further down the page.

Spot Purchase

Buying MultiversX “on the spot” (spot market) means you own the real coins, which are stored in your wallet—either on the platform or a personal wallet for enhanced security. Typical fees include a fixed commission on each transaction, charged in Canadian dollars, usually ranging from $2 to $10 CAD depending on the platform.

Example

Example:
- Current MultiversX price: $15.80 USD (approx. $21.50 CAD, June 2025)
- You invest: $1,000 CAD
- Transaction fees: around $5 CAD
- You acquire: $995 CAD / $21.50 CAD ≈ 46 EGLD coins

Gain Scenario

✔️ Gain Scenario:
If the price rises by 10%, your holding is now worth $1,100 CAD.
Result: +$100 gain before fees, or a +10% return on your initial investment.

CFD Trading

With CFD (Contract for Difference) trading, you do not own actual EGLD coins. Instead, you open a position that tracks the price movements of MultiversX. This method is popular for those looking to trade with leverage and for short-term gains. Fees typically include a spread (the difference between buy and sell prices) and, for positions held overnight, daily financing fees.

Example

Example:
- You deposit: $1,000 CAD
- Leverage: 5x gives you $5,000 CAD market exposure
- If MultiversX price increases by 8%, the position return is 8% × 5 = 40%
- Your gain: +$400 on a $1,000 CAD investment (fees not included)

Gain Scenario

✔️ Gain Scenario:
If the price jumps 8%, your profit (before fees) is $400 CAD—demonstrating the power (and risk) of leverage.

Final Tips

Before investing, always compare the fees, features, and risk levels of each platform. Detailed platform comparisons and an independent fee calculator are available further down the page. Ultimately, your choice between spot purchase or CFD trading should align with your investment objectives and your level of crypto experience.

Our 7 tips for buying MultiversX

The latest news from the MultiversX

Record DeFi ecosystem growth with rising TVL and DEX activity, strengthening MultiversX’s utility and resilience. In the last quarter, MultiversX’s DeFi ecosystem achieved a total value locked (TVL) of $107.4M, up 4% quarter-over-quarter, reinforcing its position as a prominent blockchain network despite the ongoing market downturn. The daily decentralized exchange (DEX) volume surged by 90% to $2.6M, highlighting increasing user adoption and transaction throughput. For individuals or entities in Canada, this performance is particularly relevant since many Canadian investors engage with DeFi protocols both for yield opportunities and to diversify their crypto exposure amidst a globally competitive environment, where reliable on-chain activity signals fundamental strength.

Major strategic partnerships, notably with Alibaba Cloud, drive credibility and facilitate enterprise adoption of MultiversX technology. MultiversX’s recently confirmed infrastructure partnership with Alibaba Cloud provides significant momentum, offering access to scalable and secure cloud resources for blockchain applications. This collaboration, coupled with ongoing relationships with Google Cloud and AWS, enhances the attractiveness of MultiversX as a platform for Canadian developers, startups, and institutions seeking to build or migrate enterprise-grade blockchain solutions while leveraging familiar global tech ecosystems already popular within Canada’s innovation landscape.

Accelerated network expansion and development incentives will benefit Canadian tech talent and contribute to broader ecosystem growth. The network has launched a $1.5M “Growth Games” developer incentive program focused on AI and DeFi applications, positioning MultiversX as a welcoming environment for advanced builders. Given Canada’s renowned pool of talented engineers and researchers in AI and fintech, these initiatives present compelling opportunities for local experts and startups to engage, innovate, and capture value through ecosystem grants, potentially fostering new projects and strengthening regional crypto expertise.

Innovative protocol upgrades, including the upcoming Supernova update, significantly enhance performance and scalability for end-users and dApps. MultiversX has announced the “Supernova” protocol upgrade, aiming to reduce block finality from 6 seconds to 600 milliseconds in the first half of 2025. Such low-latency infrastructure is critical for supporting high-frequency trading, real-time gaming, and financial applications—all increasingly relevant to Canadian Web3 entrepreneurs and evolving regulatory climates that value network efficiency for compliance and user experience.

Positive regulatory adaptability and staking incentives maintain MultiversX’s attractiveness for Canadian crypto investors focused on yield and compliance. With a staking yield of 7.0% and clear communication on eligibility with Canadian tax considerations, MultiversX remains accessible on major platforms like Binance and Coinbase, which are available to many Canadians. The transparent governance model and ongoing dialogue around regulatory compliance continue to provide assurance for Canadian investors seeking both growth and regulatory clarity in their crypto allocations.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.