๐Ÿ“Š Current Market Snapshot

As of October 4, 2025, MultiversX (EGLD) is trading at $13.50 USD, with a 24-hour trading volume of approximately $33.6 million. The token has experienced a slight decline of 0.06% over the past 24 hours. Earlier in the day, EGLD reached an intraday high of $14.43 before facing resistance and retracing back to current levels.

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๐Ÿš€ Recent Developments

Governance Proposal: On October 3, 2025, a core developer at MultiversX Foundation unveiled a governance proposal suggesting the removal of EGLD's supply cap. The proposal includes introducing a 9.47% annual inflation rate and burning 10% of validator fees. This move breaks previous assurances of a fixed supply similar to Bitcoin.

Ecosystem Expansion: Despite the proposal's controversy, MultiversX continues to expand its ecosystem. The recent launch of the "Pulse" app aims to provide a platform for the community to share ideas and feedback, fostering greater engagement within the ecosystem.