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Zilliqa Price Prediction

Jan 20, 2023
5 min read

This blog post will cover:

  • ZIL coin statistics
  • Zilliqa Roadmap
  • Crypto community about ZIL  
  • ZIL price prediction 2023
  • Zilliqa price prediction 2025
  • Historical price analysis

Zilliqa is a new blockchain platform capable of processing thousands of transactions per second. This allows it to compete with centralized payment systems. Its goal is to make decentralized blockchains the building block of future enterprises and applications.The Zilliqa platform uses sharding to solve the scalability problem. Sharding involves splitting the Zilliqa network into groups of nodes called shards. Each shard consists of 600 nodes. Shards form a mini blockchain. Shards process transactions separately from each other, not as a group. Thus, it allows a lot more transactions to be processed.The main feature of Zilliqa is its high bandwidth, which grows with the size of the network. Zilliqa's own coin is ZIL. It is used to pay for services provided by nodes. Initially, the ZIL coin was issued on the Ethereum blockchain, but with the launch of the mainnet in 2019, Zilliqa became an independent cryptocurrency.

ZIL coin statistics

Since this platform was the first to use sharding, it has attracted a lot of attention. The excitement of the crypto community led to an unplanned Zilliqa ICO in 2017. A huge number of people wanted to participate in the project and it yielded results.

Nowadays, Zilliqa also seems to be a very forward-looking project. Let's take a look at ZIL in detail:

According to data on CoinMarketCap:

Price prediction at 12.10.2023:
ZIL price: $0.02485877582898172
Market capitalization: $431851704.4822846
Volume (24h): $43675531.25052143
Circulating supply: 17372203179 ZIL
Total supply: 18451738132.674828 ZIL
Max supply: 21000000000 ZIL

Zilliqa Roadmap

The history of Zilliqa dates back to 2017. The creators of the platform are software scientists, mainly from Singapore. The President and Chief Scientific Officer is Amrit Kumar.

The developers published a roadmap of the project in 2017 as part of the official presentation of the platform. Since then, most of the tasks have been successfully completed, and the implementation has reached the final stage. Users can access the source code for the alpha version of Zilliqa, as well as the complete technical documentation that describes the methodology for creating smart documents that the program can recognize.

Now the following data for 2020 has been published on the platform's official website:

But the developers were not going to stop there.

Crypto community about ZIL  

Here we invite you to take a look at what crypto experts are writing on Twitter about the ZIL coin.

People really follow the movement of the coin rate and mostly make optimistic predictions about  the ZIL price.

Many crypto enthusiasts believe that ZIL is one of the best altcoins and is worth the investment.

ZIL price prediction 2023

Now you have already learned a lot about the Zilliqa project and the ZIL coin. And so, we suggest that you consider ZIL price predictions for 2023 according to various crypto services.

Price prediction at 12.10.2023:
Minimum ZIL price for 2023: $0.00002900000000000001
Maximum ZIL price for 2023: $2.42513
Average ZIL price for 2023: $0.5279865268817203

Year-end ZIL price predictions 2023:
Minimum expected: $0.0012741935483870967
Maximum expected: $0.0038247516129032255
Average expected: $0.0025503225806451616

Zilliqa price prediction 2025

As one of the top 100 cryptocurrencies in the world, Zilliqa has a promising future. Different sources show different opinions about the Zilliqa price 2025. WalletInvestor has one of the most positive forecasts: they said that by the end of 2021, ZIL could rise to $ 0.290. By 2023, ZIL may touch the level of $ 0.611, and in 2025 the target price is $ 0.983.According to analysts of the Trading Beasts service, the price prediction is not as optimistic as that of WalletInvestor. They estimate that by the end of 2024 the maximum ZIL price will be $ 0.379. Of course, it is very difficult to predict the price of any cryptocurrency for the long term, since there are a number of factors that can affect the rise and fall of the price in a given period of time.

Historical price analysis

All Time High: $0.2563 (May 06, 2021)

All Time Low: $0.002477 (Mar 13, 2020)

Due to the constant problems around Ethereum, crypto investors began to look closely at other altcoins. The attention of many was immediately attracted by Zilliqa, a relatively young cryptocurrency, which in just six months gained great popularity in Southeast Asia and is now showing a rapid rise in prices.

Just 20 days after the completion of the ICO, ZIL was added to one of the largest crypto exchanges Huobi. But the most interesting thing is that already in February 2018, the Zilliqa team published the public code of the Zilliqa v0.1 (Durian) platform where users have the ability to make P2P payments through a web wallet.

In May 2018, ZIL showed significant growth ($ 0.200). Then it plummeted in price and until January 2021 it stayed at the level of $ 0.016 - $ 0.022. We have seen steady growth since January 2021. And as of 17/03/2021, the price of the ZIL coin is $ 0.1899.At the moment, by the Coinmarketcap rating, the ZIL coin is ranked 53rd in terms of capitalization.

Due to successful management decisions, the popularity of Zilliqa is constantly growing, and due to this, the price of the coin also rises. Zilliqa's sharding architecture maintains a good balance between security, decentralization, and scalability.

A large number of professionals are working on Zilliqa. They have created a really promising project that has every chance of becoming a competitor to leading cryptocurrencies.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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