Crushing Ethereum! EGLD with 100,000 TPS + zero fees, Binance personally paving the way for big whales
Brother Sheng looks at EGLD, and it really has some technical substance. Behind it is the Elrond network, which has implemented "dynamic sharding" and an improved consensus mechanism, resulting in extremely fast speeds and very low fees, crushing Ethereum's congestion and approaching Visa. It can also facilitate transfers with other chains, providing good liquidity—Binance has taken notice of this and launched trading pairs and bots.
The key is the ecological implementation, and it is taking action. There are already over 200 applications on its own chain. The ace is the DEX Maiar, which offers zero fees + fiat-to-crypto purchases, attracting over 800,000 users and locking up $230 million. What excites me the most is its initiative for real-world integration, such as plans to turn fiat currency into an on-chain stablecoin. If this succeeds, it will be easier for ordinary people and businesses to enter the market, greatly increasing the demand for EGLD! Just think about the price surge during the SOL ecosystem explosion; if EGLD continues to gain momentum, its value could be reassessed.
Market potential: small market cap, likely to attract institutions. The circulating market value is just over $56 million. It may seem large at first? But 25% of the community tokens are being released slowly, and team tokens are locked for 3 years, so there are few that can be sold off! The price has been consolidating for three months, showing signs of a potential rebound. With Binance being so enthusiastic, I feel like they are paving the way for large funds, and the liquidity dividend may just be starting.
Risks and opportunities coexist: The competitors are strong, but Elrond is highly secure, with nodes distributed globally, providing a moat. The key is that the overall trend has changed! Now, people are no longer looking at air coins, but at genuinely useful projects. EGLD's focus on enterprise-level applications such as payments and supply chains perfectly coincides with the traditional giants entering the blockchain space. If it can tackle this sector, the potential for growth is enormous, and the valuation could be even higher.
Brother Sheng's viewpoint: EGLD is not an air coin. It has solid technology and ecological progress, especially in paving the way for fiat currency and real-world applications. Although the competition is fierce, it excels in speed, security, and practical exploration. Now that large institutions are looking to enter the market, EGLD, which has clear use cases, is likely to catch their attention. Of course, failure in collaboration poses a risk, but currently, I believe the potential is worth watching.
