I heard them speaking about $EGLD ... So, what is EGLD?

EGLD is the native cryptocurrency of the MultiversX blockchain, formerly known as Elrond. It is used for various purposes, including transaction fees, staking, and rewarding network participants. MultiversX is designed to be a high-speed, scalable blockchain, employing techniques like adaptive state sharding and Secure Proof of Stake. 

$EGLD is considered to be Web3 asset because MultiversX is a platform built for Web3 applications, and EGLD is used to power its ecosystem.

The new US regulations propose using Web3 Coins and integrate them into a system that works with trillions of dollars. So, breakout soon? Maybe...

This is not a financial advise!