New Delhi: In the cryptocurrency market, every day starts with something new. On Wednesday, those who are aware of cryptocurrencies started searching about Zilliqa cryptocurrency. The reason behind the trend is that the cryptocurrency price has registered exponential growth. If you are also interested in cryptocurrencies, you must know about Zillia (ZIL).
What is Zilliqa crypto?
Zilliqa is software that aims to become a blockchain of choice for large-scale enterprises associated with gaming, entertainment, advertising, financial services, and payment industries. The company is trying to grow its ecosystem of decentralized applications (apps) and cryptocurrencies.
Its infrastructure is designed to support more transactions than other platforms by distributing its system into several interconnected blockchains.
It was launched by two co-founders Amrit Kumar and Xinshu Don in June 2017. Both have been researchers from the National University of Singapore. Zilliqa has its token ZIL.
Pirce of Zilliqa crypto
The price of Zilliqa crypto currently stands at $0.144542. It has a total market capitalization of $2,017,835,172. In the last 24 hours, its price registered a jump of 44.5% while it grew by 258.6% in the last seven days. Zilliqa’s ROI has reached 395.3% and still growing, according to Coingecko. In the last 30 days, it grew by 262.7%.
Notably, the market cap dominance of Zilliqa is currently at 0.09%.
More people are hopping aboard the ZIL train.
2021 saw the number of ZIL addresses grow 180% from 2020. Transaction volume also grew correspondingly, chalking a 172% increase from 11.2m to 30.2m!
Turn your attention to the numbers below ⬇️#EcosystemExcerpts pic.twitter.com/Htyt7KFLu2
— Zilliqa (@zilliqa) March 25, 2022
Why is Zilliqa crypto rising?
The rise of Zilliqa is reported to be connected with a series of developments. A few days ago, the company appointed Bradley Laws as its Head of Investors Relations.
Laws will look after Zilliqa’s investment infrastructure and will be responsible for expanding the company’s geographies and launching new funding initiatives.
