Elrond presents itself as a Scalable blockchain solution that leverages the sharding technique to offer extremely fast transaction speeds. It has developed Maiar- a digital wallet and global payments app with the aim to redefine how we interact with money by allowing easy yet secured accessibility and exchange of your digital assets. By Sep 6, 733K accounts have been created signifying the support by the community.

On the Daily Time Frame, EGLD has crossed the psychological level of $200 and is currently near $210 (approx. 13% down from its all-time high). The support to the lower side is present at $195 while it may face resistance at the level of $240. Breaking through the ATH may move the price into unchartered waters.

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