Elrond’s mainnet launched in July 2020, bringing the native EGLD coin into the market. The coin traded in a range roughly between $10 and $12 until 2021. EGLD rose to about $200 by February 2021, then $240 by April, and, after a brief period in a trough, to highs of $542 in November. Like a lot of alternative cryptocurrencies, or altcoins, EGLD could not maintain its November highs, and by 2022 had slumped to about $130.