
MultiversX
MultiversX is a sharded proof-of-stake Layer 1 blockchain with WASM-based smart contracts typically written in Rust.
Transaction Fees, Open-source
What is MultiversX?
MultiversX, formerly known as Elrond, is a Layer 1 blockchain with adaptive state sharding and Secure Proof of Stake consensus. Smart contracts run in a WASM virtual machine and are typically written in Rust using the SpaceVM framework. EGLD is the native asset used for fees, staking, and governance, and the xPortal wallet is the main consumer entry point to the network.
Web3 dapps and developer tools related to MultiversX
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Developer resources from Alchemy

Launch a memecoin on Arc Chain
Write and deploy a fixed-supply ERC-20 on Arc mainnet with Foundry and Alchemy RPC, paying gas in USDC, or hand the whole launch to a coding agent with the Alchemy CLI.

Launching support for account abstraction on Zora and Frax
We are excited to announce Account Abstraction support for Frax and Zora, two new layer 2 blockchains built on top of Optimism’s Superchain ecosystem.

How Goldsky kept transactions flowing with zero downtime
Goldsky migrated its Compose bundler and paymaster to Alchemy and built a provider abstraction layer that makes failover a single environment variable change—no code deploy, no downtime.
MultiversX alternatives
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

