Despite the decline of Bitcoin (BTC) and other prominent digital currencies, Ziliqa (ZIL) has become one of the few altcoins on the market today with positive price movements. The discovery of Ziliqa’s network performance based on a stat posted by Twitter user @inna everstake is the source of the app’s remarkable outlook.
According to the statistic provided, as of April 20, Ziliqa has up to 4,582,116 addresses hosted on the network. Given that Ziliqa competes in the current Web 3.0 environment with protocols like Ethereum (ETH), Solana (SOL), Cardano (ADA), and others that support smart contracts, this statistic is astounding.
Since the addresses are known to be involved in ongoing transactions, the address counts are not simply about the numbers. According to the information provided, there have been over 49.93 million transactions made on the Ziliqa network overall, and more than 5.5 billion ZIL tokens have been staked thus far.
The growing flood of new developers on the network embodies the overall significance and growth pace of the Ziliqa protocol. Ziliqa continues to draw some of the top developers and innovators in Web 3.0 because of its constant innovation to make its platform simple to build on.
Ziliqa price action
Ziliqa is not a mysterious protocol, and at the moment, its price action is among the most fascinating in the market. ZIL is currently down more than 87% from its all-time high (ATH) price of $0.2563, which it reached almost two years ago, as a result of the severe blow it took during the crypto winter.
According to information from CoinMarketCap, Ziliqa is currently trading at $0.03189, up more than 3%. ZIL HODLers may feel more motivated to go all in on the token as a result of the rise and the positive ecosystem data released, which might support the bullish uptick in the short run.
