ZIL's price rally has made the coin “overbought” on multiple timeframes, raising selloff risks.
Zilliqa is a blockchain platform launched in 2017 by the team of developers from Singapore and the UK. The platform was designed for creating smart contracts and dapps and uses a mixed consensus mechanism: proof of work and Byzantine Fault Tolerance. The main feature of Zilliqa blockchain is high scalability possible due to network sharding: new shard every 600 nodes. The testnet has shown the possibility of almost 2500 transactions per second. Zilliqa is powered with ZIL cryptocurrency, an ERC-20 token, used to pay fees during transactions. ZIL coin was introduced to publicity at the beginning of 2018 and stayed in TOP-50 for more than a year. 40% of coins are distributed for mining. The team launched the mainnet in January 2019 and planned to change ERC-20 tokens to their blockchain.
BTC and ETH prices are in a clear bull trend, but derivatives data shows that pro traders haven’t turned into bulls just yet.6169
A rapidly expanding ecosystem, lucrative staking opportunities and support for NFTs back the strong rebound in ZIL price.16590
An Indian cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban.19425
Accredited investors can now own tokenized shares of a premium whiskey collection powered by Zilliqa.13391
Positive news, active communities and a shift toward DeFi appear to be the catalysts responsible for the rallies seen in Zilliqa, Terra's Luna and VeChain.38290
New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally.26011
Xfers believes it's time other national currencies receive a piece of the action too.10239
Zilliqa may be due for a correction after monstrous gains as ZIL's price is running into some considerable resistance levels on the charts.38043
German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries.14402
Oxford students will be invited to participate in the Zilliqa's $5 million Ecosystem Grant Programme.2723
Noorcoin, the first shariah token in the world, catering to 1.6 billion Muslims, is proud to announce a pioneering partnership under a special arrangement with Zilliqa, the next-generation high-throughput blockchain platform.6112