Zilliqa has recently taken the cryptocurrency market by the storm. Till 6 months back, very few people knew about this cryptocurrency. However, in the last 30 days, it has increased by almost 100%. Also, this is not just a technical move but rather the fundamentals of this cryptocurrency are pretty strong. This is the reason why more and more people are trying to find out about Zilliqa.
Zilliqa is unlike any other cryptocurrency
If you look at the announcements made by the development team of Zilliqa, you will realize that they are consistently making positive developments as well. This is the reason why the cryptocurrency is rising significantly. In addition to that, when you look at the fundamentals of Zilliqa, you will realize that they are unlike any other cryptocurrency.
Zilliqa mining process is pretty straightforward
Moreover, the mining process which is needed for Zilliqa is pretty straightforward. This ensures that clogging is not possible. With the help of parallel processing in mining, you can be sure that the transactions will be verified pretty quickly. When the transactions are verified quickly, the settlement is done swiftly as well. This ensures that even if the usage of this cryptocurrency actually increases, there will be no problem at all. Users will be able to conclude the transactions quickly. Also, it will also mean that the load which is there on the miners of this cryptocurrency is on the lower side. As a result, the hardware which will be needed will be on the lower side as well. This is another advantage which is present.
It is possible that Zilliqa can rise further
Currently, it is trading around 1 billion-dollar mark. With the increasing tie-ups of Zilliqa with other developers, it is possible that it can rise further in terms of market cap as well. Also, the cryptocurrency is actually developing its own programming language. With the help of this programming language, developers will be able to create their own applications quite easily. Once developers are able to create their own applications in order to use the blockchain, the versatility of the blockchain will increase significantly. This will ensure that the value of the blockchain, as well as the cryptocurrency, also increases.
Zilliqa will certainly go up with more developer team
In addition to that, the development team behind Zilliqa is leaving no stone unturned in order to make the project much more popular. As a result, they are consistently working on gaining newer and newer developers to use the blockchain. With the increased usage of the blockchain, the valuation of the cryptocurrency will certainly go up which is a positive move by the development team.