Zilliqa Price Prediction

Zilliqa Price PredictionCurious about the current Zilliqa price? On this page we share the latest Zilliqa news and give tips on buying Zilliqa. You’ll also find the latest Zilliqa price forecast from our experts.

Buy Zilliqa | The best Zilliqa Exchanges

Do you want to buy Zilliqa? Then there are several websites where this can be done. Above you will find the best exchanges to buy or sell Zilliqa. Bitvavo is one of the largest exchanges in the Netherlands and our favorite because of its user-friendliness and convenience. Conveniently, Bitvavo allows you to pay with iDEAL. This way you have immediate access to Zilliqa and can buy and sell from the wallet on the website. A transaction at Bitvavo is subject to a maximum trading fee of 0.25%.

You can buy Zilliqa at Bitvavo by logging into your account, or creating an account at www.bitvavo.com. You can then transfer euros to your Bitvavo wallet using one of 8 payment methods. Users can use iDEAL and Bancontact, among others. Euros are then transferred directly to the account. Bitvavo allows you to exchange euros for Zilliqa next. You can then trade the currency, keep it and use it as a means of payment or easily sell it when it has risen. Read more below about the different pros and cons and the new developments going on at Zilliqa.

A complete explanation about Zilliqa | What is Zilliqa?

Zilliqa originated from a project at the National University of Singapore (NUS). In 2016, Prateek Saxena and Loi Luu wrote a research paper on the concept of sharding in blockchain. Saxena then started Anquan Capital, while Loi Luu started Kyber Network. Shortly after, Xinshu Dong joined Anquan Capital as head of engineering and they decided to jointly launch the Zilliqa project in June 2017.

The development team worked for more than a year to launch a full-fledged platform for smart contracts and decentralized applications. The Zilliqa platform is considered a direct competitor to Ethereum capable of taking its place. And that is special because although many people know it, no one says out loud that Zilliqa was created on the Ethereum blockchain.

Today, there are already many blockchain platforms for smart contracts and decentralized applications. There are even more in the development process. It seems that it is virtually impossible that Zilliqa could offer anything new. But Zilliqa stands out for its innovative development in terms of scalability and security, which is why blockchain technology is being adopted en masse, even in areas that require high network bandwidth.

The pro’s and cons of Zilliqa

Zilliqa offers an innovative solution to the pressing problem of scaling blockchain and ensuring high network bandwidth. The algorithms used by Zilliqa will allow network bandwidth to increase hundreds of times, which is an advantage for miners because they can increase their income. Another advantage is low cost. High network bandwidth will increase competition, which will lower transaction costs.

But on the road to success, Zilliqa may face serious obstacles. Namely, there is a lot of competition between platforms for smart contracts and dApps. The full implementation of sharding technology in Ethereum and Elrond pose a threat to Zilliqa’s competitive position.

If Ethereum successfully launches sharding, they would process transactions much faster because there are more nodes on the Ethereum network compared to Zilliqa. Currently, Ethereum is still the king of the smart contract platform and all the big companies like Microsoft are looking at Ethereum. Although Zilliqa and Ethereum can coexist, it will be an uphill battle to convince people to come to Zilliqa if ETH 2.0 is successfully rolled out.

Second, Zilliqa has created a new programming language called Scilla. It is a safer way to write smart contract codes and it can help identify security risks. Actually, this works like a double-edged sword. On the one hand, it’s good to have a language that is more secure. However, that would also mean that developers would have to learn a whole new language to build dApps for Zilliqa. This could greatly hinder the acceptance of the Zilliqa platform.

The price prediction of Zilliqa for 2021 till 2025 | Zilliqa Forecast

Is Zilliqa a good investment? They have solved the problem of scaling up with sharding well and have a team of PhD computer scientists who understand blockchain technology to the point that they are even making an enhanced smart contract programming language out of it.

The price of Zilliqa is currently spotty. Coinbase placed Zilliqa among their watch list in 2018. This watch list is a list of digital assets that Coinbase wants to look at in the future. It follows a strict digital asset framework that includes factors such as security, compliance and financial inclusion.

Given that Zilliqa is gaining tremendous momentum, it is possible that Coinbase will list Zilliqa. And all those coins that manage to enter Coinbase are seeing tremendous growth.

You can think of Zilliqa as a fast-growing startup with a small capitalization in the traditional world of investing. There is huge potential, but also huge risks. So invest wisely because in the world of crypto-currencies anything can happen. As much as it can go up 400% in a month, it can also go down in a week. So invest only what you can afford to lose and invest safely.

Zilliqa Price | Now and in the future

The price of Zilliqa has experienced strong growth in recent times, this has resulted in the fact that Zilliqa is now in the top 50 largest crypto coins in the world. Zilliqa boasts a market value of over $700 million. Something that, due to the positive development of the Zilliqa exchange rate, will most likely increase significantly in the coming period.

At the time of writing, there are 10,880,663,306 coins in circulation, most of which are traded on the Binance exchange with a trading volume of 17% of the total. On the Binance exchange it is also possible to keep an eye on the current Zilliqa price.

Partly because of the positive news about Zilliqa in the recent period the Zilliqa price has experienced a strong increase. To stay informed about the most current Zilliqa price, we recommend you to keep an eye on Coinmarketcap on a daily basis. Here you can view, among other things, a Zilliqa price chart of the Zilliqa price history.

The market cap of Zilliqa compared to Bitcoin is around 0.10%, the maximum number of Zilliqa coins that will be released is set at 21 billion tokens.

The latest Zilliqa news and price expectations

Every month we try to bring you up to date with the latest current news around Zilliqa. So that you can have a better idea of the ZIL forecast over the long term. It’s good to be aware of the price, but it’s more important to be aware of the latest developments, roadmap and other things going on. This way you can better anticipate the Zilliqa price forecast of 2021, 2022 and beyond. You can see the current Zilliqa stock price below.