Price prediction Zilliqa 2021

Zilliqa Price Prediction for 2021 till 2025 | Forecast & Targets Zilliqa

Zilliqa (ZIL) is a public, permissionless blockchain that is intended to handle many transactions per second. The Zilliqa blockchain must be able to ensure that certain solutions are scalable, so that the amount of transactions per second is very large and that it can be used by many applications and companies can successfully use this. Zilliqa’s goal is to be able to handle thousands of transactions per second on the network, enabling it to be used by the largest organizations, the platform also indicates that they want to compete with traditional centralized networks such as Visa and Mastercard.

Zilliqa was officially launched in 2017 by Prateek Saxena which is from Singapore, after which it went live in 2018 with the testnet and 2019 with the main net and it has been used by many applications in the industries such as entertainment, payment services, gaming. and finances. Zilliqa’s token is called ZIL and can be traded on Bitvavo , Bitcoinmaster and Litebit .

Zilliqa price – The price of Zilliqa

Zilliqa has grown strongly since its market launch in 2018. The Zilliqa coin (ZIL) currently ranks 63rd in market capitalization. This position indicates a strong market interest, but because the ZIL has not been on the market for long, price predictions are very difficult and strong fluctuations can occur in the short term. To gain insight into any long-term price forecasts, we should look at what Zilliqa has to offer and how it can ensure its market position.  

Blockchain Platform

Zilliqa does not only exist as a coin, decentralized applications can be developed on the blockchain platform. This offers a wide range of applications and this is how, for example, Zyro Finance was born in September 2020, a decentralized exchange (DEX). This wide deployability may mean that Zilliqa still has many opportunities to be used in various sectors. This diversification means a current high growth potential, and in the future it can also ensure more price stability. As a blockchain platform, Ethereum is the biggest competitor, and because of the strong position and great reputation of Ethereum this seems a disadvantage, but on the other hand the success of Ethereum shows what is still possible for Zilliqa. 

Speed ​​and scalability

However, Bitcoin, Ethereum and many other altcoins face a major problem: speed. For example, the Ethereum network was slowed down significantly due to the popularity of Crypto Kitties. Zilliqa overcomes this problem thanks to its unique sharding network. This also makes Zilliqa scalable and is extremely suitable for large applications, such as in advertising or the game industry. These unique features mean that Zilliqa has everything it takes to win the battle against its biggest competitor Ethereum. 

Reliability

Zilliqa has also worked on strong partnerships such as Elliptic since its launch. This company will act as a neutral partner and ensure that illegal practices on the network are prevented and combated. This can be an enormous added value in convincing reluctant governments to work with Zilliqa. And when this happens, confidence in Zilliqa will get a huge boost, along with the price. 

So what are Zilliqa’s expectations?

No one knows what will really happen with the Zilliqa coin (ZIL). The coin is still quite young and certainly, in the short term, the value can still be very volatile. Moreover, due to the current crisis, there is also a lot of unrest in the financial markets. Concrete predictions remain difficult, but some predict that the ZIL coin is on the rise again to a new all-time high. 

However, the current changes in the economic climate can send the price of ZIL in any direction. You have to make the final decision yourself. But because of its wide deployability, speed and scalability, Zilliqa may have enormous growth potential. For those who believe in the power of Zilliqa and can handle the uncertainty in the market, it may be smart to invest now before prices skyrocket.

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Zilliqa has also worked on strong partnerships such as Elliptic since its launch. This company will act as a neutral partner and ensure that illegal practices on the network are prevented and combated. This can be an enormous added value in convincing reluctant governments to work with Zilliqa. And when this happens, confidence in Zilliqa will get a huge boost, along with the price.