MultiversX (EGLD) Listing on BTSE

APR

15

Event date

Tuesday 15 April 2025, UTC

Event description

  • BTSE, a global cryptocurrency exchange, announced the listing of $EGLD, the native token of MultiversX, a blockchain platform launched in 2017 by brothers Beniamin and Lucian Mincu to tackle scalability through sharding, a method that splits data processing across nodes for efficiency.
  • MultiversX’s sharding implementation—covering state, network, and transactions—makes it a pioneer, potentially increasing transaction throughput by 1000x compared to non-sharded blockchains like Ethereum, which processed 15 TPS in 2024 per Etherscan, while MultiversX targets 100,000 TPS per its whitepaper.
  • The $EGLD listing on BTSE, with trading starting April 15, 2025, at 4 PM (UTC+8), taps into a growing DeFi trend where scalable layer-1 blockchains have captured $50 billion in TVL by 2025, a 400% rise since 2022, driven by demand for faster, cheaper transactions, per DeFiLlama data.


MultiversX

Exchange

BTSE

Trading Pair

EGLD/USDT

Bullish or Bearish?

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bearish

MultiversX

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