Why Elrond (EGLD) Is Up 12% Today

Why Elrond (EGLD) Is Up 12% Today

In today’s cryptocurrency news, the market is seeing some short-term value recovery, and leading the pack is EGLD, the native token of the Elrond blockchain network. With EGLD’s position as the native token of the innovative Elrond blockchain, which promises impressive transaction speeds and low fees in a time when many users are struggling to find such convenience, it stands to become an even bigger player in the crypto space. Elrond provides transaction efficiency through a technique called "sharding."