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<ul>
 <li>MultiversX leads DePin market with innovative programs and strategic expansions.</li>
 <li>MultiversX’s Building Blocks program supports early-stage growth by covering gas fees and enabling scalability.</li>
</ul>
DePin (Decentralized Physical Infrastructure Networks) assets have been making major progress in the constantly evolving realm of cryptocurrencies.
MultiversX is presently leading the pack in terms of top social and market activity, outperforming Helium, <a href="https://www.crypto-news-flash.com/crypto-com-adds-akash-network-akt-for-on-chain-staking-earn-up-to-19-rewards/" target="_blank" rel="noopener noreferrer nofollow">Akash Network</a>, and others, according <a href="https://x.com/LunarCrush/status/1807987532820631749" rel="noopener noreferrer nofollow">to</a> the social intelligence company LunarCrush.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9d0.png" alt="🧐" class="wp-smiley" style="height: 1em; max-height: 1em;">DePin crypto assets have been top performers. Top assets with leading social and market activity today…
 MultiversX <a href="https://twitter.com/search?q=%24EGLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$EGLD</a> Dynex <a href="https://twitter.com/search?q=%24DNX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DNX</a> Akash Network <a href="https://twitter.com/search?q=%24AKT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AKT</a> Helium <a href="https://twitter.com/search?q=%24HNT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HNT</a> Helium Mobile <a href="https://twitter.com/search?q=%24MOBILE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MOBILE</a> World Mobile Token <a href="https://twitter.com/search?q=%24WMT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WMT</a> Arweave <a href="https://twitter.com/search?q=%24AR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$AR</a> Ocean Protocol <a href="https://twitter.com/search?q=%24OCEAN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$OCEAN</a> Theta Network <a href="https://twitter.com/search?q=%24THETA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$THETA</a>
 View all… <a href="https://t.co/f4orj3Xh4j" rel="noopener noreferrer nofollow">pic.twitter.com/f4orj3Xh4j</a>
 — LunarCrush Social Intelligence (@LunarCrush) <a href="https://twitter.com/LunarCrush/status/1807987532820631749?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 2, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="strong-recent-developments-quest-portal-and-community-grant-program-strong">Recent Developments: Quest Portal and Community Grant Program</h2>
MultiversX has been continuously launching new programs to help its expanding membership. Following the successful launch of the Quest Portal and the Community Grant Program, MultiversX is pleased to introduce the Building Blocks Grant Program, which will benefit builders and contributors.
The Building Blocks program, which receives direct support from the MultiversX Foundation, is aimed at empowering builders and projects by covering gas prices and allowing them to scale their <a href="https://www.crypto-news-flash.com/mexico-ranks-third-in-latin-america-for-cryptocurrency-ownership-blockchain-trends/" target="_blank" rel="noopener noreferrer nofollow">blockchain</a> footprint in the early stages of development.
This project is aimed at stimulating growth within the MultiversX ecosystem by assisting builders in growing their enterprises and promoting novel experiments that maximize the MultiversX infrastructure’s capabilities.
In addition to these activities, MultiversX is growing its worldwide presence by opening a new center in Seoul, <a href="https://www.crypto-news-flash.com/south-korea-announces-major-crypto-delisting-regulation-should-investors-be-worried/" target="_blank" rel="noopener noreferrer nofollow">South Korea</a>. This strategic move is to capitalize on Korea’s high interest in technology, blockchain, and consumer applications, thereby strengthening MultiversX’s position in the worldwide market.
<h3 id="strong-market-performance-egld-price-surge-strong">Market Performance: EGLD Price Surge</h3>
According to CoinMarketCap, the price of MultiversX’s native cryptocurrency, EGLD, is now around $32.38, up 8.39% in the last 24 hours. This price spike also reflects a positive tendency for the last seven days, with a total increase of 9.37%.
Previously, CNF reported MultiversX’s remarkable success in development activities, which <a href="https://www.crypto-news-flash.com/ethereum-challenger-emerges-multiversx-egld-tops-decentraland-in-gaming-development/" rel="noopener noreferrer nofollow">surpassed</a> Decentraland. According to Santiment, MultiversX had 236.93 significant GitHub events versus Decentraland’s 150.4. This significant disparity reinforces MultiversX’s status as a premier blockchain gaming platform.

MultiversX Leads DePin Market with New Initiatives and Global Expansion

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