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EGLD vs SOL compare

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About EGLD

  • Name: MultiversX (Elrond)

  • Symbol: EGLD

  • Circulating supply: 23 797 655 $

  • Max supply: 31 415 926 $

  • Cmc rank: 40

  • Volume 24h: 23 916 848 $

  • Percent change 1h: -0,13 %

  • Percent change 24h: 3,4 %

  • Percent Change 7d: 5,9 %

About SOL

  • Name: Solana

  • Symbol: SOL

  • Circulating supply: 365 960 640 $

  • Max supply: 0 $

  • Cmc rank: 16

  • Volume 24h: 174 938 240 $

  • Percent change 1h: -0,028 %

  • Percent change 24h: 2,5 %

  • Percent Change 7d: 1,5 %

About Elrond (EGLD)

Elrond is fairly demanded crypto among dealers, ordinary users and investors. The coin is available on many exchange platforms and can be purchased with other crypto. Elrond was designed for risk-free and quick payments using blockchain science, as well as for long-term and short-term investments. As of 09.12.2022, the value of Elrond is 45.85983263.

About Solana (SOL)

Solana  is fairly demanded crypto among dealers, ordinary users and investors.  The coin can be exchanged on many exchange platforms, as well as Godex. As of 09.12.2022, the value of Solana is 13.67653668.

What is Cryptocurrency?

Cryptocurrency is virtual money that has no tangible expression and exists only in the digital world. Cryptocurrency payments are carried out in a decentralized network. All trading data and cryptocurrency wallets are stored in the blockchain. 

There are now more than 12,000 diverse digital currencies, and more and more appear every day. All of them have different values, properties, challenges and areas of implementation.

Differences Between EGLD and SOL

Additionally the cost of the coins, the difference between Elrond vs Solana lies in the next values:

Circulating supply

Circulating supply of Elrond is 23797655 EGLD coins and a maximum supply of 31415926 EGLD coins, whereas Solana has a circulating supply of 365960642 SOL and a maximum supply of 0 SOL coins.

Trading volume

The daily trading volume of Elrond is 23916847.64561600, whereas the volume of Solana is 174938240.52481000 per 24 hours.

Percentage price change

The Elrond rate has changed by 3.39953450 for the last day, and by 5.91135802 over the 7 days. 

The rate of Solana has changed by 2.50086431 for the last day, and by 1.47434386 over the 7 days.

Convert Elrond to Solana at the Best Rates

The secret of the best rates that users of the Godex exchange get when exchanging Elrond to Solana lies in the fixed rate function. This means that after finding the best wager for your request, the service “freezes” it for 30 minutes. Thus, you are guaranteed to receive the amount of Solana that the converter displayed when placing an order, irrespective of market ups and downs.

EGLD vs SOL: Which Is a Better Buy?

Since both coins are unstable, the answer to this question may differ depending on the situation on the crypto market. Consequently, you should check the current information.

How to Invest in Both Elrond and Solana

The first thing every investor should think of is a trustworthy wallet where your cryptocurrency funds will be safe. Then, choose a trustworthy exchange that has Elrond and Solana available. Deposit the cryptocurrency you have into it, for which you can then buy Elrond or Solana. Remember the main rule of an investor: invest as much as you can afford to lose.

EGLD vs SOL Price Chart

Before investing in Elrond or Solana, check out the EGLD versus SOL Price Chart, which is a useful tool in assessing the risks and profitability of buying an asset. On the Elrond or Solana comparison page, you can see not only the real-time exchange rate, but also how the market has changed recently.

Best Cryptocurrency Exchanges for Elrond and Solana

Both EGLD and SOL are respectable representatives of the cryptocurrency world. To understand which coin to invest in at a particular moment, you need to monitor it on the crypto market, examine and compare its key facets.

ЕGLD vs SOL: Bottom Line

Both EGLD and SOL are respectable representatives of the cryptocurrency world. To understand which coin to invest in at a particular moment, you need to monitor it on the crypto market, examine and compare its key facets.

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F.A.Q.

Is Elrond better than Solana ?

Although Elrond is a very decent coin, it cannot be said that it is better than Solana. Better in some ways, yes. However, anyway, it all depends on how you want to manage the crypto and what projects you are interested in. 

There are two key innovations that have led Elrond to create a unique platform architecture. The first is adaptive sharding technology, in which the blockchain is divided into pieces called shards. As a result, the network demonstrates incredibly high speed: from 15,000 to more than 100,000 transactions per second.

Moreover, the Elrond platform, which supports more programming languages than Solana, is an ideal environment for writing smart contracts.

The second innovative technology is related to the Secure Proof of Stake (SPoS) algorithm. It enables the creation of a scalable ecosystem with built-in interconnections, while retaining all the advantages and properties of the decentralization, security and fairness of a public blockchain.

Moreover, the Elrond platform, which supports more programming languages than Solana, is an ideal environment for writing smart contracts.

Is Solana a stable coin ?

No, Solana is not a stablecoin, but a blockchain platform that hosts stablecoins such as USDT, BUSD and many more.

Where to buy EGLD and SOL ?

You can buy Solana on many major exchanges, such as Binance, Coinbase and Huobi. In addition, you can buy it safely and without registration here on Godex.