Zilliqa (ZIL) is a public, permissionless blockchain that aims to provide high throughput, allowing thousands of transactions to be completed per second. Zilliqa’s key solution to address scalability and speed challenges is the use of sharding as a second-level scaling technology. Sharding divides the network into smaller subgroups, called shards, that process transactions in parallel, improving the overall efficiency and speed of the network. Zilliqa also supports the development and execution of smart contracts and decentralized applications (dApps) using the secure Scilla¹ programming language
.
Table of Contents:
History and Usefulness of ZIL
Zilliqa was launched in January 2018, designed by a team of researchers from the National University of Singapore in 2016. Its native token, ZIL, is essential for paying transaction fees and network operations, while encouraging the nodes that maintain the security and stability of the network²
.
Value Projections
When will it reach 1 dollar? Forecasts indicate that Zilliqa could reach 1 dollar by 2025 or 2026, but these are estimates based on mathematical models and should be
considered with caution³4/5.
When will it reach 10 dollars? Reaching 10 dollars would require an increase in the value of Zilliqa by about 25 times compared to the current price of about 0.4 dollars*. These forecasts are speculative and uncertaine4,5/6
.
When will it reach 100 dollars? To reach 100 dollars, Zilliqa would need to increase its value by about 250 times compared to the current price.6 An ambitious and unlikely goal with current non-existent forecasts¹
.
When will it reach 1000 dollars? Reaching 1000 dollars would require an increase in value of about 2.5 thousand times compared to the current price6. This goal is practically impossible, without realistic forecasts at the moment
, 45/6.
Investment Assessment
Considering Zilliqa as a good investment requires a thorough evaluation, considering various factors such as supply and demand, market conditions, regulations and investor confidence. Zilliqa is a volatile and risky cryptocurrency, therefore, it is essential to conduct thorough research and consult a qualified expert before investing
.
Price Forecasts from 2024 to 2030
Based on web data, I created a summary table of Zilliqa’s price forecasts for the coming years, according to various sources. Please note that these are only indicative estimates and do not necessarily reflect the real value of Zilliqa in the
future.
| Anno | Minimum forecast | Average forecast | Maximum forecast |
|---|---|---|---|
| 2024 | $0.6155 | $0.6374 | $0.7393 |
| 2025 | $0.6405 | $0.6634 | $0.7643 |
| 2026 | $0.6655 | $0.6894 | $0.7883 |
| 2027 | $0.6915 | $0.7154 | $0.8133 |
| 2028 | $0.7165 | $0.7414 | $0.8373 |
| 2029 | $0.7415 | $0.7674 | $0.8623 |
| 2030 | $0.7665 | $0.7934 | $0.8873 |
