{"id":65330,"date":"2024-05-29T20:04:22","date_gmt":"2024-05-29T20:04:22","guid":{"rendered":"https:\/\/coinjournal.net\/?p=206067"},"modified":"2024-05-29T20:04:22","modified_gmt":"2024-05-29T20:04:22","slug":"zilliqa-price-outlook-as-network-hits-key-milestone","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/","title":{"rendered":"Zilliqa price outlook as network hits key milestone"},"content":{"rendered":"\n<ul>\n<li>Zilliqa (ZIL) recently hit 66 million network transactions.<\/li>\n<li>However, ZIL price was down 2.5% at the time of writing, trading near $0.024.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/zilliqa\/\">Zilliqa (ZIL)<\/a> price has traded in the $0.021-$0.026 range. Indeed, the downside pressure on the coin has hindered bulls since the sharp decline witnessed on April 12 and 13 when ZIL price fell more than 30% in two days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But what&#8217;s the outlook for Zilliqa price as the network hits a key transaction milestone? Is Zilliqa 2.0 a potential catalyst for ZIL?<\/span><\/p>\n<p><span style=\"font-weight: 400\">Here&#8217;s a look at this coin&#8217;s price performance.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Zilliqa recently hit 66 million transactions<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Zilliqa is one of the crypto projects with largest communities around it. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The project has reached nearly 5 million addresses and on May 28, Zilliqa <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/x.com\/zilliqa\/status\/1795879428280451300\">shared<\/a> a post on X indicating network transactions had surpassed 66 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Data also showed close to 110,000 delegators and over 5 million in total staked ZIL, which represents 29% of the total circulating supply. Zilliqa is recording these positive metrics ahead of Zilliqa 2.0, an upgrade aimed at enhancing network scalability, security and interoperability.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A new version of Zilliqa will not only streamline transactions via state sharding, but also bring about greater EVM compatibility, native account abstraction, smart accounts and improved developer tools.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">ZIL price outlook<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Zilliqa price is down 2.5% in the past 24 hours and flat in the past 30 days as bulls struggle for momentum. <\/span><\/p>\n<p><span style=\"font-weight: 400\">ZIL currently trades at $0.024 across major crypto exchanges, with these levels indicating an unimpressive 2.9% upside in the past year.<\/span><\/p>\n<p><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/x\/nm5omwmf\/\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-206069\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/ZILUSD_2024-05-29_22-53-11.png\" alt=\"\" width=\"1074\" height=\"545\"><\/a><\/p>\n<p><span style=\"font-weight: 400\">A look at ZIL price on the weekly chart shows weakness despite a green candle close this past week. Buyers are also likely to target a positive return this week, but with the RSI and MACD suggesting a bearish course, its possible Zilliqa could retreat to lows of $0.022.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, if price breaks higher alongside gains for Bitcoin and the big cap altcoins, ZIL could target $0.034 and $0.039 as the next major hurdles.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, Bitcoin and Ethereum are also struggling amid broader crypto downside.<\/span><\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/zilliqa-price-outlook-as-network-hits-key-milestone\/\">Zilliqa price outlook as network hits key milestone<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Zilliqa (ZIL) recently hit 66 million network transactions. However, ZIL price was down 2.5% at the time of writing, trading near $0.024. Zilliqa (ZIL) price has traded in the $0.021-$0.026 range. Indeed, the downside pressure on the coin has hindered bulls since the sharp decline witnessed on April 12 and 13 when ZIL price fell [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/zilliqa-price-outlook-as-network-hits-key-milestone\/\">Zilliqa price outlook as network hits key milestone<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":65331,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,43],"tags":[],"class_list":["post-65330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zilliqa price outlook as network hits key milestone - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zilliqa price outlook as network hits key milestone - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Zilliqa (ZIL) recently hit 66 million network transactions. However, ZIL price was down 2.5% at the time of writing, trading near $0.024. Zilliqa (ZIL) price has traded in the $0.021-$0.026 range. Indeed, the downside pressure on the coin has hindered bulls since the sharp decline witnessed on April 12 and 13 when ZIL price fell [&#8230;] The post Zilliqa price outlook as network hits key milestone appeared first on CoinJournal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinAlSat.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinalsat1\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-29T20:04:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/ZILUSD_2024-05-29_22-53-11.png\" \/>\n<meta name=\"author\" content=\"Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/\"},\"author\":{\"name\":\"Author\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#\\\/schema\\\/person\\\/6fa35040f9ef4ae108188eaeb3ef441b\"},\"headline\":\"Zilliqa price outlook as network hits key milestone\",\"datePublished\":\"2024-05-29T20:04:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/\"},\"wordCount\":341,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coinalsat.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/zilliqa-price-outlook-as-network-hits-key-milestone.png\",\"articleSection\":[\"Blockchain\",\"Crypto Currency News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/\",\"url\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/zilliqa-price-outlook-as-network-hits-key-milestone\\\/\",\"name\":\"Zilliqa price outlook as network hits key milestone - 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However, ZIL price was down 2.5% at the time of writing, trading near $0.024. Zilliqa (ZIL) price has traded in the $0.021-$0.026 range. Indeed, the downside pressure on the coin has hindered bulls since the sharp decline witnessed on April 12 and 13 when ZIL price fell [&#8230;] The post Zilliqa price outlook as network hits key milestone appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2024-05-29T20:04:22+00:00","og_image":[{"url":"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/05\/ZILUSD_2024-05-29_22-53-11.png","type":"","width":"","height":""}],"author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"Zilliqa price outlook as network hits key milestone","datePublished":"2024-05-29T20:04:22+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/"},"wordCount":341,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2024\/05\/zilliqa-price-outlook-as-network-hits-key-milestone.png","articleSection":["Blockchain","Crypto Currency News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/","url":"https:\/\/coinalsat.com\/en\/zilliqa-price-outlook-as-network-hits-key-milestone\/","name":"Zilliqa price outlook as network hits key milestone - 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