Zilliqa (ZIL) is a sharded blockchain network capable of processing transactions very rapidly. The target market for ZIL is B2B, but they\u2019ve come up with some very clever implementations for the technology and are actively pursuing gaming via their Zilliqa Planet program, which allows users from the Ethereum blockchain as well. Let\u2019s do a little analysis and see how Zilliqa fits into the broader cryptocurrency market, and what sort of things will need to happen for it to reach $1B in market capitalization.ZIL was founded in 2018, and the chart histories reveal that it was a hit out of the gate after it was launched, peaking at an all time high of $.23 on May 10, 2018. This may not sound like a very high peak, but the market capitalization that went with it was over $1.4B. Despite the speed of the network and the low token price, ZIL has fallen from these heights and recently began showing signs that investor interest was increasing.In October of 2020, ZIL updated its dApp-oriented software to allow staking and yield farming. Like Ethereum, the Zilliqa network accepts its native currency as payment for on-chain transaction fees, which creates a natural value source for the network. Prices are very low, with transactions running under $.50 even at peak volumes in recent months.Zilliqa is positioned to improve in the coming months as blockchain adoption really gets off the ground, but it faces risks that come with the territory of the $300M market cap range. In some sense, these tokens have plenty of traction and promising futures expressed by their large market caps, but in another sense, there is a dense and competitive field packed with the stiffest competition in technology today.As the select few move up to the next rung of the market cap ladder,\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Zilliqa (ZIL) is a sharded blockchain network capable of processing transactions very rapidly. The target market for ZIL is B2B, but they\u2019ve come up with some [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3030"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=3030"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=3030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=3030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=3030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}