Interest in Zilliqa is increasing, according to Google Trends, as other cryptocurrencies like Ethereum hit new highs this week.
Zilliqa stands out as one of the first projects to use fragmentation as an approach to scale with success. Although other projects (like Ethereum) are considering implementing sharding, Zilliqa was one of the first to show that it can be done.
The Zilliqa ecosystem has piqued people's interest.
In 2021, some aspects of the Zilliqa ecosystem have raised the price of ZIL. The invention of the Zilswap, the Zilliqa DEX, is one of them. The price of ZIL has increased due to some characteristics of the Zilliqa ecosystem. By allowing Zilliqa blockchain users to trade digital assets, Zilswap is at the center of Zilliqa's movement towards decentralized finance. Zilswap is an automated market maker developed by Switcheo that is similar to Uniswap, an illegal liquidity protocol. Users can add tokens owned by a liquidity group as market makers or exchange ZIL and ZRC tokens directly from their wallets on the Zilliqa blockchain.
The Zilliqa team is working to connect to the Poly Network, which will allow the Zilliqa Chain to cross all other chains linked to Bitcoin, Ethereum, NEO and Binance. Use the ZilSwap functions to link Zilliqa to ERC20 / BEP20 / NEP5 ZRC-2 properties.
and XCADEMY teamed up in February to create a blockchain economy that allows content creators to monetize their work while encouraging user engagement through tokenization. XCADEMY uses Zilliqa to build a token economy by allowing content creators to use their native tokens to launch a Zilliqa blockchain. Influencers will use the partnership to reward and inspire their fans to watch videos and participate in events directly on YouTube.
Zilliqa revealed the official launch of Zilliqa Capital Pte. Ltd. a few days ago. Zilliqa Capital Who is spearheaded by great financial service minds, including veteran Michael H. Conn, the company's president, CEO and co-chief investment officer, will invest in Zilliqa and other related non-Zilliqa-based companies as a strategic asset in the Zilliqa native utility token “” ZIL ””. The objective of Zilliqa Capital is to act as long-term capital. Through acquisitions, wealth management, insurance, loans, transfers, remittances and vital web 3.0 infrastructures, this environmentally friendly investment firm will invest in decentralized and fintech solutions, thus allowing investors to remain interested in the network through as more updates are rolled out, such as the use of the Zilliqa Pillar Protocol in June.
