The coins in the space have seen improvements and this has increased the interest of investors and traders alike in cryptos. Several blockchains hope to make strategic partnerships with updates that would benefit the market. Zilliqa and Cardano are two coins that are showed promise for the future. When it comes to innovative blockchain solutions, Zilliqa and Cardano have been market leaders. Both coins are within the first 40 coins by market cap and have continued to develop unique solutions for smart contract developments. Let’s see the developments for these coins.
Zilliqa Token Swap Supported By Binance
Zilliqa (ZIL) Price Today – ZIL / USD
Binance recently announced that it would be supporting the ZIL mainnet token swap. This mainnet has been launched for up to four months and in this time, it has made huge strides. However, it plans to move the old Erc20 tokens to its native ZIL tokens.
The token swap is billed to start on the 22nd of April. Pending that time and event, Binance has suspended Zil deposits and withdrawals. The trading platform also revealed that there would be a public notice which would inform the users when this suspension has been lifted. Only then can users resume withdrawing and depositing in the coin. The swap will surely allow the coin to work on faster projects within the blockchain network.
Zilliqa (ZIL) Price Prediction- ZIL To Reach $0.361 At The End of 2019
According to the latest Zilliqa analysis on cryptopostgazette; most experts predict ZIL to jumble around $0.02 – $0.03 throughout the year — with prices potentially reaching $0.06 – $0.12 USD at the end of 2019.
Though analyzing the efforts of project Zilliqa team has recently updated on their joint initiative program which includes Mindshare(a global media, and services company), which has around $34.5 billion in their annual revenue. Both of them are going to work together on the evaluation and sustaining of the ZIL protocol, and solving issues in the advertising industry.
Zilliqa says this launch of the mainnet is just the beginning. It has further plans of working on enabling blockchain powered solutions, which can bring real value to the users/owners.
If the partnerships with various projects like Hg Exchange, Maicon, Project Proton, and Mindshare prove successful then only the price and popularity are expected to reach $0.361 at the end of 2019.
Cardano Shelley Upgrade
Cardano (ADA) Price Today – ADA / USD
Cardano Shelley upgrade is one of those that come at the end of the first quarter of the year. Will it affect the price of Cardano in the short and long term?
The co-founder of Cardano, Charles Hoskinson revealed this in a tweet. He spoke about the completion of the Cardano Shelley update. This long-awaited update is expected to improve the blockchain and lead to full decentralization. Also, it is hoped that it would bring interoperability within the blockchain network.
Users or members of the Cardano community would also receive different incentives which use the proof of stake protocol. The developers believe that this would make the blockchain network even more attractive to other developers who intend to create smart contracts on the platform.
Also, the Cardano Shelley update marks the end of the initial roadmap of the platform. This is because the new roadmap should be rolled out soon on the blockchain platform. Before the end of the first quarter, it should be out. Source: Smartereum
Cardano (ADA) Price Prediction
According to the latest Cardano ADA Analysis on Blockonomi; earlier this month, there was a solid upward move in Cardano price above the $0.1000 resistance level against the US dollar. ADA traded close to the $0.1010 level, but it failed to continue higher. A swing high was formed near $0.1016 and later the price started a steady downside correction.
The price declined below the $0.0920 and $0.0850 support levels to enter a bearish zone. There was even a break below the $0.0800 level. A swing low was formed at $0.0764 and the price recently corrected above the $0.0800 level and the 23.6% Fib retracement level of the last drop from the $0.0942 high to $0.0764 low.
There is a significant declining channel in place with current resistance at $0.0860. Therefore, a clear break above the channel resistance is a must for buyers to take back control. The next immediate resistance is at $0.0900, above which Cardano is likely to climb towards the key $0.1000 resistance area.
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