Zilliqa (ZIL) recently was in the limelight of hype due to its association with the Metaverse related news. The ecosystem is ever growing. Zilliqans love staking and the NFTs are growing in popularity. Developers who want to build decentralized projects would find Zilliqa useful. A blockchain is more than just price trends and profits. And, the community are wondering if Zilliqa will surpass Ethereum and if a new era for all Zilliqans will start.
What is Special About Zilliqa (ZIL)? Zilliqa makes use of sharding to improve scalability. It is designed in a way to scale to thousands of transactions per second. The transactions times are very low.
Price Trends of Zilliqa: Crypto Winter apart, technical indicators for Zilliqa are bullish in the long-term.
Wallets for ZIL: There are a few wallets compatible with ZIL wallets. If users need to be in full control of the wallet, they need to ensure they are recording the private key and passphrase carefully. ZIL should be stored in wallets, which is designed to store the native ZIL tokens. It is important to choose a wallet that has an active user community.
Some of the commonly used ZIL wallets are Atomic Wallet, Trust Wallet, Guarda Wallet, Math Wallet, ZilPay, Moonlet, and more. The security offered by hardware wallets is unbeatable though.
ZIL Use Cases: Yield farming is very popular in the Zilliqa ecosystem. To be able to benefit from yield farming, users need to be able to buy Zil, hold and stake it. Users can also buy and sell NFTs.
The most counted on use case is the Metapolis which offers MaaS and investors feel that it is one of the attractive investments at this point. “Zilliqa is probably among the strongest L1 blockchain at the forefront of the metaverse. Not missing the train, fares are cheap right now.”
Zilliqa has been featured in the “Intro to the Metaverse” report by NewzooHQ, the leader in gaming market analytics. New zoo is the go-to source for games data, insights, and consulting. The global games market is expected to pass three massive milestones in 2022 and the global revenues are expected to exceed $200 billion. The player numbers are expected to cross 3 billion. With such being the trends reported by New Zoo – Zilliqa on their feature list means there is something good brewing.
Community on Burning Zilliqa: They really need to start burning Zil because the circulating capacity is huge and once that happens the price will and it will attract investors’ attention and more people will buy and then will reach the moon.
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