Forecast for MultiversX Elrond (EGLD) prices from 2025-2031: Will EGLD surpass $100?
MultiversX, the decentralized, scalable, fast, secure, and eco-friendly blockchain network for next-gen applications, has experienced a rollercoaster ride in the cryptocurrency market.
In 2022, MultiversX (formerly Elrond) shed all its earlier gains, closing the year at $33, amidst the crypto winter. However, the network rebranded as a metaverse-focused platform in November 2022, setting the stage for potential growth.
The following year, MultiversX maintained a gradual bearish trend until October 2023, when it began recovering from a low of $23. The trend reversed in December 2024, rising to a high of $55.80. However, a correction in Q2 2024 saw MultiversX fall to as low as $22.50 in November. By August 2025, the price had dropped to $14.90.
In July 2025, MultiversX experienced a steep decline but has since recovered some losses. The current price of MultiversX (EGLD) is around 13.02 EUR, showing a recent decrease of about 5.58%.
Looking ahead, the EGLD price forecast for August 2025 predicts a maximum price of $18.21 and a minimum price of $13.20, with an average price of $14.77. For 2025 as a whole, predictions vary widely, from $15 to over $120, depending on adoption and technological progress.
Cryptopolitan price predictions suggest that EGLD will reach $50 in 2027, with a range of $47.45 to $56.15 and an average price of $49.14. The Elrond price prediction for 2031 ranges between $205.09 and $257.59, with an average price of $212.70, while the prediction for 2030 ranges between $146.91 and $177.22, with an average price of $152.20.
Recent developments in MultiversX include the introduction of a borrowing feature that allows users to access liquidity without selling EGLD. The network continues to build decentralized applications and tools for developers, aiming to connect existing and future environments for efficient and secure interactions.
In conclusion, while the price of MultiversX has been volatile, the long-term outlook remains positive, with predictions suggesting significant growth in the coming years. As always, it's essential to do your own research and consider your risk tolerance when investing in cryptocurrencies.
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