What is Elrond?
Elrond is next generation blockchain technology built to optimized internet scale that aim to solve sharing problem of Ethereum blockchain. Elrond ecosystem is based on adaptive state of sharding (the process of breaking blockchain into segment obtained faster transaction speed) and Secure Proof of stake (the advanced entity of PoS that uses block validation integrity depend on how many tokens node is holding). Network enable very unique concepts that help to reduce latency with following footsteps of Zilliqa and Algorand blockchain mechanism.
The project is claimed that they already increase the performance and usibility for Blockchain network and that bring huge improvement in the existing blockchain. in 2019 Samsung and Elrond collaborated with each other for launching Elrond dApp based game on Samsung store and also ERD token added in the Samsung Blockchain wallet under deal of mutual beneficial.
Staking in the Elrond is currently serving huge staking reward in which delegator gets 29% yearly return and validator gets 36% yearly reward after launch in main network. As genesis staking expected to be last stage before the launch of mainnet, as reward percentage may be differed but Elrond will try provide higher rate to compete in the staking race.
Elrond Price Prediction
Just like Divi blockchain project providing high staking reward and that’s help them to push in the ranking and Divi finally enter into top 100 largest crypto list. similarly, Elrond sees huge ranking growth since introduction of staking and that slowly helping to get more ERD Token HODL that automatically boosting market cap value. Elrond is technology staying up to date but also just like chainlink they are official getting big partnerships with different blockchain project, recently they become partner with APRA, Ankr, Betprotocol, StakeDAO, Staking Agency. They have big for Staking, where they wanted to maximize number of active stakes who can contributed to pushing new innovation in the blockchain.
ERD Price Prediction 2020
|Month & Year||Price Prediction in USD|
|August 2020||$0.0091 USD|
|September 2020||$0.0062 USD|
|October 2020||$0.0066 USD|
|November 2020||$0.0074 USD|
|December 2020||$0.0069 USD|
Elrond Price Prediction 2021 to 2030
|Quarter & Year||Price Prediction USD|
|January 2021||$0.0067 USD|
|March 2021||$0.0041 USD|
|June 2021||$0.0047 USD|
|September 2021||$0.0042 USD|
|December 2021||$0.0048 USD|
|January 2025||$0.0102 USD|
|March 2025||$0.0152 USD|
|June 2025||$0.0232 USD|
|September 2025||$0.035 USD|
|December 2025||$0.025 USD|
|January 2030||$0.362 USD|
|March 2030||$0.232 USD|
|June 2030||$0.34 USD|
|September 2030||$0.45 USD|
|December 2030||$0.48 USD|
|Total Supply||19,999,999,900 ERD|
|Based on||Stake Sharding and Secure PoS|
|All-time high||$0.000569 USD|
|Exchange Platform||Binance, Bilaxy, BitMax, CoinDCX, Binance DEX|
|Wallet||The Elrond Wallet, Ledger, Trust|
Elrond Network IEO Overview
|Platform used||Binance launchpad|
|Raised by||$5.15 million|
|Date of ICO||1st July 2019|
|ICO Price||$ 0.00065 USD|
|Partners||Binance, Band Protocl, Matic, Nash, Holo|
Can Elrond Reach $0.01 USD?
Somewhere between 2026 to 2028.
How Much Elrond Worth in 2030?
Expected price will be around $0.302 USD
Is Elrond a Good Investment?
Staking will be the great option for passive income.
The project already become contender to enter into top 100 crypto list by market cap. The speciality of this network’s ecosystem focusing on enabling efficient and competitive dApp & smart contract deployments for real world uses cases, as they also involving in the environment such as machine to machine transactions and IoT deployment. Elrond is prebuilt comes with improved security to counter with sybil, Rogue and more attacks. Basically this will lead to the another Ethereum improvement project that will solve security, scalability, transaction rate and usability issue and having potential to become of the best staking technology in the near future.