Elrond (EGLD) Slumps Today As It Announces A Reduction In Carbon Emissions 

Currently, the market of Elrond (EGLD) experiences negative dynamics of 10.6%. Elrond’s price stalled right at $229.92 during this day. The company takes the trading volume by $185,707,896. The cryptocurrency started the trading session at 14:00 with a value of $242.12 and slightly increased. However, 20 minutes later it reached the point of $222.56. A little time after it jumped to the volume of $230.51. Recently, Elrond has announced a reduction in carbon emissions through compensation. Currently, the network bandwidth is 15,000 transactions per second with the ability to scale more than 100,000 transactions per second.

Elrond (EGLD) Jumps Almost 18% Today As It Collaborates With KuCoin For Listing EGLD And ESDT Tokens – Own Snap This means an increase in execution speed and throughput by a thousandfold. At the same time, processing a transaction requires up to 6 million times less energy. Elrond has partnered with Offsetra to stay ahead of carbon dioxide emissions on the blockchain in line with its commitment to ensuring its technologies make a positive contribution to the environment. Offsetra, an expert organization on sustainable development, analyzed the power consumption of more than 5,000 servers scattered in dozens of countries on six continents

Miriam Bozini

Finance and Business Reporter