MultiversX
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$EGLD: The Hidden Gem Powering the Future of Web3 & DeFi
$EGLD (MultiversX) is quietly becoming one of the most powerful projects in the crypto world — combining speed, scalability, and real-world utility in one network.
🔹 A Strong Past Foundation
Originally known as Elrond, $EGLD built its reputation with lightning-fast transaction speeds (15,000+ TPS) and ultra-low fees.
Its Adaptive State Sharding and Secure Proof of Stake (SPoS) consensus model made it one of the most technically advanced Layer-1 blockchains even before many others existed.
EGLD gained attention for building a high-performance ecosystem that could handle everything from DeFi to NFTs to enterprise-level applications — without compromising decentralization.
---
🔹 Present Growth & Ecosystem Strength
Now rebranded as MultiversX, the project has expanded its vision beyond just blockchain — aiming to power the entire digital economy.
Key updates include:
The xPortal Super App — one of the most user-friendly crypto super apps integrating payments, AI avatars, and NFTs.
The xExchange — a next-gen DEX offering real yield and sustainable liquidity models.
Multiple partnerships with Web3 startups, fintechs, and gaming platforms, showing strong institutional interest.
The MultiversX ecosystem is continuously innovating, and EGLD remains its backbone token — used for staking, governance, and network fees.
---
🔹 The Future Ahead
EGLD’s roadmap is focused on bridging Web3, AI, and the metaverse.
With increasing adoption of its xPortal and xExchange platforms, the project is positioning itself to compete with giants like Solana and Avalanche in the long run.
Analysts believe that EGLD could play a key role in the next bull run, as investors look for Layer-1 chains that offer real scalability and user experience — not just hype.
---
🔹 Why I’m Bullish on $EGLD
Powerful technology with real adoption
Consistent ecosystem growth
Strong community & transparent development
Vision that connects blockchain, AI, and digital identity
EGLD might just be one of the most undervalued Layer-1 assets in the market right now.
---
My View:
With the current setup showing accumulation in strong demand zones and multiple ecosystem catalysts on the way, EGLD could be preparing for a major move in the coming months.
$EGLD
---
#EGLD #MultiversX
#DeFi #Web3 #Crypto #Blockchain #AI #BinanceSquare #Altcoins
🔹 A Strong Past Foundation
Originally known as Elrond, $EGLD built its reputation with lightning-fast transaction speeds (15,000+ TPS) and ultra-low fees.
Its Adaptive State Sharding and Secure Proof of Stake (SPoS) consensus model made it one of the most technically advanced Layer-1 blockchains even before many others existed.
EGLD gained attention for building a high-performance ecosystem that could handle everything from DeFi to NFTs to enterprise-level applications — without compromising decentralization.
---
🔹 Present Growth & Ecosystem Strength
Now rebranded as MultiversX, the project has expanded its vision beyond just blockchain — aiming to power the entire digital economy.
Key updates include:
The xPortal Super App — one of the most user-friendly crypto super apps integrating payments, AI avatars, and NFTs.
The xExchange — a next-gen DEX offering real yield and sustainable liquidity models.
Multiple partnerships with Web3 startups, fintechs, and gaming platforms, showing strong institutional interest.
The MultiversX ecosystem is continuously innovating, and EGLD remains its backbone token — used for staking, governance, and network fees.
---
🔹 The Future Ahead
EGLD’s roadmap is focused on bridging Web3, AI, and the metaverse.
With increasing adoption of its xPortal and xExchange platforms, the project is positioning itself to compete with giants like Solana and Avalanche in the long run.
Analysts believe that EGLD could play a key role in the next bull run, as investors look for Layer-1 chains that offer real scalability and user experience — not just hype.
---
🔹 Why I’m Bullish on $EGLD
Powerful technology with real adoption
Consistent ecosystem growth
Strong community & transparent development
Vision that connects blockchain, AI, and digital identity
EGLD might just be one of the most undervalued Layer-1 assets in the market right now.
---
My View:
With the current setup showing accumulation in strong demand zones and multiple ecosystem catalysts on the way, EGLD could be preparing for a major move in the coming months.
$EGLD
---
#EGLD #MultiversX
#DeFi #Web3 #Crypto #Blockchain #AI #BinanceSquare #Altcoins
The supernova is near. Get ready.
$EGLD weekly RSI breakout. TOTAL3 at ATH, DXY about to drop below a 14 year trend line, 2 more rate cuts coming. Macro says $EGLD is about to go much much higher.
#MultiversX is the future
$EGLD weekly RSI breakout. TOTAL3 at ATH, DXY about to drop below a 14 year trend line, 2 more rate cuts coming. Macro says $EGLD is about to go much much higher.
#MultiversX is the future
StackersCrypto:
keep dreaming
The locomotive starts moving. First slowly then very quickly. It is good to be in the carriages before
$EGLD is showing positive momentum backed by strong bullish technical signals, including a bullish EMA crossover and a positive MACD. The only technical warning is that the 6-period RSI suggests the asset is becoming overbought, which is a common occurrence during periods of high momentum.
Strategically, #MultiversX is laser-focused on real-world adoption. Supporting the $21.5 million xMoney funding round is a key step towards seamlessly integrating Web3 payments into traditional finance. This fundamental progress is confirmed by the ecosystem's expansion to 9 million accounts.
In summary, EGLD’s bullish trajectory is founded on strategic development and ecosystem growth, rather than mere speculation. The project continues to build a future-proof platform, despite some prevailing community concerns.
$EGLD is showing positive momentum backed by strong bullish technical signals, including a bullish EMA crossover and a positive MACD. The only technical warning is that the 6-period RSI suggests the asset is becoming overbought, which is a common occurrence during periods of high momentum.
Strategically, #MultiversX is laser-focused on real-world adoption. Supporting the $21.5 million xMoney funding round is a key step towards seamlessly integrating Web3 payments into traditional finance. This fundamental progress is confirmed by the ecosystem's expansion to 9 million accounts.
In summary, EGLD’s bullish trajectory is founded on strategic development and ecosystem growth, rather than mere speculation. The project continues to build a future-proof platform, despite some prevailing community concerns.
Undoubtedly the biggest upgrade we are shipping this year, is SUPERNOVA.
$EGLD
Except, SUPERNOVA is not simply an upgrade.
It is a re-architecture of the #MultiversX .
To achieve unparalleled performance.
$EGLD
Except, SUPERNOVA is not simply an upgrade.
It is a re-architecture of the #MultiversX .
To achieve unparalleled performance.
Undoubtedly the biggest upgrade we are shipping this year, is SUPERNOVA.
$EGLD
Except, SUPERNOVA is not simply an upgrade.
It is a re-architecture of the #MultiversX .
To achieve unparalleled performance.
$EGLD
Except, SUPERNOVA is not simply an upgrade.
It is a re-architecture of the #MultiversX .
To achieve unparalleled performance.
Feed-Creator-263ff18db:
This garbage is back to $9, the price it was when it was born from Elrond to EGLD. Useless project
Undoubtedly the biggest upgrade we are shipping this year, is SUPERNOVA.
$EGLD
Except, SUPERNOVA is not simply an upgrade.
It is a re-architecture of the #MultiversX .
To achieve unparalleled performance.
$EGLD
Except, SUPERNOVA is not simply an upgrade.
It is a re-architecture of the #MultiversX .
To achieve unparalleled performance.
$EGLD
We're not here to talk about incremental improvements. We're here to talk about total transformation. We've set clear, aggressive, and achievable targets that define our path forward.
Rome was not built in one day.
But #MultiversX is reaching to SuperNova upgrade in a few weeks. SuperNova, growth.
We're not here to talk about incremental improvements. We're here to talk about total transformation. We've set clear, aggressive, and achievable targets that define our path forward.
Rome was not built in one day.
But #MultiversX is reaching to SuperNova upgrade in a few weeks. SuperNova, growth.
🚀 New challenge from @xFoudres = new record!
$EGLD top 🔝
After some code tuning, I managed to push MultiversX even harder!
⚡️ 5422 smart contract operations in a single transaction, for only $0.084 in fees at today’s price
Limits? What limits 😎 #MultiversX
$EGLD top 🔝
After some code tuning, I managed to push MultiversX even harder!
⚡️ 5422 smart contract operations in a single transaction, for only $0.084 in fees at today’s price
Limits? What limits 😎 #MultiversX
pHiLoSOfeat:
Bitcoin dominance its to big and alt coins does not increase as we expected, i do hold egld
#EGLD #MultiversX #Blockchain #Web3 #BinanceWriteToEarn
MultiversX ($EGLD), formerly known as Elrond, is a high-performance blockchain built for internet-scale applications. ⚡ It focuses on scalability, speed, and security, making it one of the most advanced smart contract platforms.
📌 Why MultiversX is special:
Handles 15,000+ TPS with sharding technology.
Focused on DeFi, NFTs, and Web3 apps.
$EGLD is used for transactions, staking, and governance.
Strong community and ecosystem growth.
✅ With its powerful technology, MultiversX aims to bring global-scale adoption of blockchain.
💡 Question: Do you think $EGLD can become a top layer-1 chain like Solana & Avalanche, or will it remain niche? 🤔
MultiversX ($EGLD), formerly known as Elrond, is a high-performance blockchain built for internet-scale applications. ⚡ It focuses on scalability, speed, and security, making it one of the most advanced smart contract platforms.
📌 Why MultiversX is special:
Handles 15,000+ TPS with sharding technology.
Focused on DeFi, NFTs, and Web3 apps.
$EGLD is used for transactions, staking, and governance.
Strong community and ecosystem growth.
✅ With its powerful technology, MultiversX aims to bring global-scale adoption of blockchain.
💡 Question: Do you think $EGLD can become a top layer-1 chain like Solana & Avalanche, or will it remain niche? 🤔
A few good thoughts for tomorrow.
$EGLD #MultiversX
1. A massive macro trend has begun.
It can be a great blessing, if understood, embraced, and used wisely. For years, we have been building the most advanced and decentralized blockchain architecture in the world. Every step has been with one purpose: to put MultiversX and EGLD in a position to deliver unmatched value, to capture this tailwind, and to channel frontier technology toward its highest potential.
2. US Foundry Sessions are about forging.
Forging direction. Forging strength. Together. In open dialogue, in proposals, in debate, in consensus. It’s about shaping the journey with the community, step by step, through governance. This is where alignment and strength are built.
3. This is not the genesis moment.
The SUPERNOVA Genesis is very close. And this is profoundly bullish. What we are doing now is the preparation for that. Clearing out the path, and maximizing the impact of everything about to converge with Supernova.
Full speed ahead.
See you on the other side.
$EGLD #MultiversX
1. A massive macro trend has begun.
It can be a great blessing, if understood, embraced, and used wisely. For years, we have been building the most advanced and decentralized blockchain architecture in the world. Every step has been with one purpose: to put MultiversX and EGLD in a position to deliver unmatched value, to capture this tailwind, and to channel frontier technology toward its highest potential.
2. US Foundry Sessions are about forging.
Forging direction. Forging strength. Together. In open dialogue, in proposals, in debate, in consensus. It’s about shaping the journey with the community, step by step, through governance. This is where alignment and strength are built.
3. This is not the genesis moment.
The SUPERNOVA Genesis is very close. And this is profoundly bullish. What we are doing now is the preparation for that. Clearing out the path, and maximizing the impact of everything about to converge with Supernova.
Full speed ahead.
See you on the other side.
Gm! The US government has been shut down! The Democrats have not reached an agreement with the Republicans on the budget. This is the 22nd shutdown of the American government! Let's see how long it lasts, I say no more than 1 week! October is off to a good start.
$EGLD #MultiversX
$EGLD #MultiversX
@WalletConnect $WCT #WalletConnect
From 72 contenders to just 1 champion — @MultiversX
After 37,700+ votes across five competitive rounds, the community has spoken loud and clear. MultiversX stood out, powered by strong support and a vision that resonates across Web3.
This wasn’t just a poll — it was proof of how decentralized communities drive momentum, celebrate innovation, and choose the builders they believe in. Every vote mattered, and together it shaped the outcome.
Congrats to @MultiversX and kudos to the entire community for showing the true power of collective choice.
#MultiversX #Web3
From 72 contenders to just 1 champion — @MultiversX
After 37,700+ votes across five competitive rounds, the community has spoken loud and clear. MultiversX stood out, powered by strong support and a vision that resonates across Web3.
This wasn’t just a poll — it was proof of how decentralized communities drive momentum, celebrate innovation, and choose the builders they believe in. Every vote mattered, and together it shaped the outcome.
Congrats to @MultiversX and kudos to the entire community for showing the true power of collective choice.
#MultiversX #Web3
Сигнал — $EGLD (ЛОНГ) — EGLD/USDT
💎 Цена: $14.26 USDT. 
🎯 Точка входа: $14
⛔ Стоп-лосс: $13.40
💰 Тейк-профит: $15.50 → $17.00
📈 Почему: $EGLD показал накопление и тест ключевой зоны — хороший R/R для импульсного лонга при удержании поддержки.
⚡ Фишка: MultiversX (EGLD) — проект с быстрым ростом экосистемы; новости про партнёрства часто дают сильные движения.
✨ Пишите в комментах — репосты помогают другим вовремя зайти!
#EGLD #MultiversX #CryptoSignals #Futures
💎 Цена: $14.26 USDT. 
🎯 Точка входа: $14
⛔ Стоп-лосс: $13.40
💰 Тейк-профит: $15.50 → $17.00
📈 Почему: $EGLD показал накопление и тест ключевой зоны — хороший R/R для импульсного лонга при удержании поддержки.
⚡ Фишка: MultiversX (EGLD) — проект с быстрым ростом экосистемы; новости про партнёрства часто дают сильные движения.
✨ Пишите в комментах — репосты помогают другим вовремя зайти!
#EGLD #MultiversX #CryptoSignals #Futures
🚀🔥 MultiversX (EGLD) Ready to Explode! Buckle Up for a 2025 Bull Run Just Like 2021! 🔥🚀
Hey Binance Square fam! 👋 Get ready for some electrifying news about MultiversX (EGLD)! ⚡️ The chart is screaming "bull market incoming," and it looks like we're on the cusp of experiencing something truly epic, just like the legendary 2021 bull run! 🤩
Understanding the Transition: From Sideways to Skyward! 📈
The analyst highlights the transition period we've been in – 2023 and 2024. Take a look at this linear chart to see the clear difference between a sideways market and the explosive growth of a true bull market! 👇$EGLD
Notice how the price action after the 2022 bear market has been relatively neutral, moving mostly sideways? 🤔 Sure, we've seen some bullish waves, but nothing compared to the sheer power of a full-blown bull market! 💪 The logarithmic scale on some charts can make these smaller waves look bigger, but this linear chart gives us a clearer perspective.
2025: Get Ready for Takeoff! 🚀
The analysis points to mid-2025 as the moment things will truly ignite! 🔥 Forget the sideways action of the past two years – we're talking about a surge in price and volume that will mirror the craziness of 2021! 🤯
What to Expect: Big Green Candles and New All-Time Highs! 🤑
Get ready to see those candles on the chart extend dramatically, just like they did on the left side during the last bull market! 📈 This kind of explosive growth could even make current projections look small and charts seem "distorted" in the best way possible – everything heading towards new All-Time Highs! 🥇
Still at the Bottom? Believe It! 👇
Even with recent price increases, the analyst emphasizes that we are still relatively at the bottom compared to the potential growth ahead. Think of it as the calm before the storm! 🌪️
The Power of a Deep Correction! 🌊
Interestingly, the analysis suggests that coins that underwent a significant correction (wiping out previous gains) might have the biggest potential for massive growth in this upcoming bull run! This could be great news for EGLD if it experienced such a correction. 🤔
Altcoins: The Place to Be for Growth! 🌱
While Bitcoin is the king 👑, the real explosive growth often happens in the altcoin market! If you're looking for significant returns, especially if you don't have whale-sized capital, altcoins like EGLD could be your ticket! 🎟️
Bull Markets are Cyclical! 🔄
The exciting news doesn't stop at 2025! The analysis suggests that bull markets are cyclical, with potentially strong bull runs also expected around 2029, 2033, and beyond! The crypto market is here to stay and offers endless opportunities! ⏳
Crypto: The Evolution of Money! 💰➡️🚀
Just like the stock market evolved over hundreds of years, the cryptocurrency market is just getting started! It's the future of finance, adapting to a digital world. Embrace the change and be part of this evolution! 🌍
Adapt and Thrive! 🌱
The most crucial skill in this ever-changing market is the ability to adapt. The crypto landscape will continue to evolve, offering new opportunities for those who are ready to learn and grow. Your journey in crypto is just beginning! 🌟
Get ready for an exhilarating ride, Binance Square fam! 🎢 What are your predictions for MultiversX and the upcoming bull market? Share your thoughts in the comments below! 👇💬
#MultiversX #EGLD #BullMarket #Crypto #Altcoins #BinanceSquare #ToTheMoon #HODL 🚀🌕💎
Understanding the Transition: From Sideways to Skyward! 📈
The analyst highlights the transition period we've been in – 2023 and 2024. Take a look at this linear chart to see the clear difference between a sideways market and the explosive growth of a true bull market! 👇$EGLD
Notice how the price action after the 2022 bear market has been relatively neutral, moving mostly sideways? 🤔 Sure, we've seen some bullish waves, but nothing compared to the sheer power of a full-blown bull market! 💪 The logarithmic scale on some charts can make these smaller waves look bigger, but this linear chart gives us a clearer perspective.
2025: Get Ready for Takeoff! 🚀
The analysis points to mid-2025 as the moment things will truly ignite! 🔥 Forget the sideways action of the past two years – we're talking about a surge in price and volume that will mirror the craziness of 2021! 🤯
What to Expect: Big Green Candles and New All-Time Highs! 🤑
Get ready to see those candles on the chart extend dramatically, just like they did on the left side during the last bull market! 📈 This kind of explosive growth could even make current projections look small and charts seem "distorted" in the best way possible – everything heading towards new All-Time Highs! 🥇
Still at the Bottom? Believe It! 👇
Even with recent price increases, the analyst emphasizes that we are still relatively at the bottom compared to the potential growth ahead. Think of it as the calm before the storm! 🌪️
The Power of a Deep Correction! 🌊
Interestingly, the analysis suggests that coins that underwent a significant correction (wiping out previous gains) might have the biggest potential for massive growth in this upcoming bull run! This could be great news for EGLD if it experienced such a correction. 🤔
Altcoins: The Place to Be for Growth! 🌱
While Bitcoin is the king 👑, the real explosive growth often happens in the altcoin market! If you're looking for significant returns, especially if you don't have whale-sized capital, altcoins like EGLD could be your ticket! 🎟️
Bull Markets are Cyclical! 🔄
The exciting news doesn't stop at 2025! The analysis suggests that bull markets are cyclical, with potentially strong bull runs also expected around 2029, 2033, and beyond! The crypto market is here to stay and offers endless opportunities! ⏳
Crypto: The Evolution of Money! 💰➡️🚀
Just like the stock market evolved over hundreds of years, the cryptocurrency market is just getting started! It's the future of finance, adapting to a digital world. Embrace the change and be part of this evolution! 🌍
Adapt and Thrive! 🌱
The most crucial skill in this ever-changing market is the ability to adapt. The crypto landscape will continue to evolve, offering new opportunities for those who are ready to learn and grow. Your journey in crypto is just beginning! 🌟
Get ready for an exhilarating ride, Binance Square fam! 🎢 What are your predictions for MultiversX and the upcoming bull market? Share your thoughts in the comments below! 👇💬
#MultiversX #EGLD #BullMarket #Crypto #Altcoins #BinanceSquare #ToTheMoon #HODL 🚀🌕💎
🔴 Strategic partnership between $EGLD and $ADA could unlock unprecedented scalability, security, and interoperability.💎
🔥Together, they have the potential to redefine the future of decentralized technology.🚀 🚀🚀
#MultiversX #ADA
🔥Together, they have the potential to redefine the future of decentralized technology.🚀 🚀🚀
#MultiversX #ADA
💡📲🖥️📊⚡ How does Binance Square highlight MultiversX ($EGLD ) as a scalable ecosystem?
“Binance Square explains EGLD as fast and innovative,” ⚡🌍🚀. It delivers Web3 scalability 💡📊.
1️⃣ Adaptive Sharding 🔗 — Efficient scaling.
2️⃣ Secure Consensus 🔒 — Robust model.
3️⃣ DeFi Growth 💵 — Expanding apps.
4️⃣ NFT & Metaverse 🎨🌐 — Rich uses.
5️⃣ Global Reach 🌍 — Community-driven.
$EGLD $VET $SAND
In conclusion, EGLD accelerates scalable Web3 futures 🌟🚀⚡.
#LedgerSquare #BinanceSquare #MultiversX #Scaling #crypto
“Binance Square explains EGLD as fast and innovative,” ⚡🌍🚀. It delivers Web3 scalability 💡📊.
1️⃣ Adaptive Sharding 🔗 — Efficient scaling.
2️⃣ Secure Consensus 🔒 — Robust model.
3️⃣ DeFi Growth 💵 — Expanding apps.
4️⃣ NFT & Metaverse 🎨🌐 — Rich uses.
5️⃣ Global Reach 🌍 — Community-driven.
$EGLD $VET $SAND
In conclusion, EGLD accelerates scalable Web3 futures 🌟🚀⚡.
#LedgerSquare #BinanceSquare #MultiversX #Scaling #crypto
#MultiversX vs #Bitcoin
Le jeton $EGLD a-t-il enfin touché le fond face au $BTC ?
Sur l'unité de temps 4 heures, le signal est encore faible et la résistance est là... 😕
Graphique 4 heures du #EGLDBTC :
Le jeton $EGLD a-t-il enfin touché le fond face au $BTC ?
Sur l'unité de temps 4 heures, le signal est encore faible et la résistance est là... 😕
Graphique 4 heures du #EGLDBTC :
@MultiversX Network launches Growth Games, a $1.5M annual grants program to drive blockchain and AI innovation.
Funding is divided across three areas:
- Onboarding new developers ($750K)
- Scaling existing projects ($250K)
- Launching top initiatives ($100K).
#MultiversX
Funding is divided across three areas:
- Onboarding new developers ($750K)
- Scaling existing projects ($250K)
- Launching top initiatives ($100K).
#MultiversX
Ditch the meme coins—it’s time to invest in real tech. MultiversX ($EGLD ) is revolutionizing blockchain with speed, scalability, and real-world adoption. While hype fades, innovation lasts.
The future is here—are you in? #EGLD #MultiversX
#Trump $Libra $TRUMP
The future is here—are you in? #EGLD #MultiversX
#Trump $Libra $TRUMP
BeInCrypto Global
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New Study Reveals Blockchain Throughput is Overestimated by 75%
A new report from Taraxa claims that many leading blockchain projects have dramatically overestimated their throughput. The study shows that major blockchain networks like Sonic, Solana, and Aptos have a significant gap between theoretical TPS (transaction per second) and the actual max TPS on the mainnet.
The findings suggest a massive overestimation of network efficiency and speed for these networks.
Most Blockchains Overestimate Efficiency
Taraxa, a Layer-1 blockchain, conducted an extensive analysis of several leading blockchains. It’s evident that most networks publicize new advances in their blockchain’s throughput, but many of these tests are conducted in ideal conditions. This study wished to observe how the most ‘bullish’ claims compare to regular operating conditions.
“Investors, developers, and users deserve transparency. The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions,” Taraxa co-founder Steven Pu said in an exclusive press release shared with BeInCrypto.
This investigation sought to assess these real-world conditions through a metric called “TPS per dollar.” Taraxa compared a blockchain’s transactions per second to the actual cost of running a validator node and used that to determine actual throughput.
This would be a more accurate way to determine how well these firms can live up to expectations.
Case in point, the study looked at the highest-ever recorded throughput on several blockchain projects, with a few important caveats. Permissioned and sharded networks were excluded, and some specific transactions (like voting transactions) were discarded to avoid number inflation.
Then, these figures were compared to developer-provided TPS claims:
Blockchain Projects Overestimate Throughput. Source: Taraxa
The results of this test revealed extremely high exaggeration. Sonic (formerly Fantom) reported blockchain throughput over 100x its actual capabilities, but the industry average was 20x. The L1 blockchain space is full of fierce competition, providing a clear incentive for this systematic inflation.
“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics,” Pu added.
Comparing TPS to dollar costs also provided interesting data. Solana had the highest costs by far, but it used these resources efficiently to maintain a high blockchain throughput. Taraxa also claimed that it had the best ratio in the entire industry by wide margins, which may impact its reasons for conducting the study and using this metric.
Regardless of the firm’s desire to market its own capabilities, blockchain throughput estimations seem heavily inflated across the whole industry. Taraxa has been analyzing several crucial Web3 sectors, such as the AI industry, and its results seem valuable.
Hopefully, some hard data here will encourage more realistic reporting from these projects.
The findings suggest a massive overestimation of network efficiency and speed for these networks.
Most Blockchains Overestimate Efficiency
Taraxa, a Layer-1 blockchain, conducted an extensive analysis of several leading blockchains. It’s evident that most networks publicize new advances in their blockchain’s throughput, but many of these tests are conducted in ideal conditions. This study wished to observe how the most ‘bullish’ claims compare to regular operating conditions.
“Investors, developers, and users deserve transparency. The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions,” Taraxa co-founder Steven Pu said in an exclusive press release shared with BeInCrypto.
This investigation sought to assess these real-world conditions through a metric called “TPS per dollar.” Taraxa compared a blockchain’s transactions per second to the actual cost of running a validator node and used that to determine actual throughput.
This would be a more accurate way to determine how well these firms can live up to expectations.
Case in point, the study looked at the highest-ever recorded throughput on several blockchain projects, with a few important caveats. Permissioned and sharded networks were excluded, and some specific transactions (like voting transactions) were discarded to avoid number inflation.
Then, these figures were compared to developer-provided TPS claims:
Blockchain Projects Overestimate Throughput. Source: Taraxa
The results of this test revealed extremely high exaggeration. Sonic (formerly Fantom) reported blockchain throughput over 100x its actual capabilities, but the industry average was 20x. The L1 blockchain space is full of fierce competition, providing a clear incentive for this systematic inflation.
“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics,” Pu added.
Comparing TPS to dollar costs also provided interesting data. Solana had the highest costs by far, but it used these resources efficiently to maintain a high blockchain throughput. Taraxa also claimed that it had the best ratio in the entire industry by wide margins, which may impact its reasons for conducting the study and using this metric.
Regardless of the firm’s desire to market its own capabilities, blockchain throughput estimations seem heavily inflated across the whole industry. Taraxa has been analyzing several crucial Web3 sectors, such as the AI industry, and its results seem valuable.
Hopefully, some hard data here will encourage more realistic reporting from these projects.
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