EGLD Rallies 10% as MultiversX Partners with Google Cloud for Blockchain Analytics
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EGLD, the native token of MultiversX, rallied nearly 10% after the blockchain network announced a partnership with Google Cloud.
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The partnership will allow MultiversX to leverage Google Cloud's AI and data analytics tools to streamline large-scale blockchain projects.
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This will enable developers to more easily access data like addresses, transacted amounts, and smart contract interactions.
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The rally in EGLD came during the MultiversX xDay Conference held in Bucharest, Romania.
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EGLD jumped from around $24 to over $26 before dropping back down to trade around $24.59, a 24-hour gain of 3.23%.