What Zilliqa is built to do
Zilliqa (ZIL) is a proof-of-work Layer-1 blockchain, currently ranked 233rd by market capitalization among the assets we track. Zilliqa operates as an independent Layer-1 secured by mining. Computing power — not staked capital — defends the chain, and ZIL is the asset that flows through every block.
Zilliqa (ZIL) is a high-performance, scalable blockchain platform designed for decentralized applications and smart contracts, utilizing sharding technology for improved transaction throughput. It aims to provide a secure and efficient environment for developers and users alike.
How the network stays secure
Every confirmation adds cumulative work that an attacker would have to redo. For ZIL holders, hash-rate trends are a more honest health signal than price alone.
Under the hood, ZIL secures its ledger with Proof of Work, built on the Ethash algorithm.
Background & fundamentals
Zilliqa first went live in 2017, giving it roughly 9 years of on-chain price history to draw on. Zilliqa operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 35 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in ZIL. CoinPaprika classifies the project's development status as "On-going development".
In sector terms it is most often filed under Platform, Smart Contracts, and Scalable.
Where Zilliqa sits in the market
With ZIL near $0.00286200, Zilliqa carries a market capitalization of $55.91M. Around $3.80M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 6.80% of the float — a healthy level of activity for an asset this size.
About 97% of the hard cap of 21B ZIL has been minted, leaving only modest issuance ahead. ZIL remains -88% beneath its all-time high of $0.0238, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour -1.93%, 7-day -5.34%, 30-day -8.11%, 1-year -67.93%. ZIL is currently trading near the bottom of its 365-day range (around the 1st percentile of recent closes).
Volatility profile
Recent action puts Zilliqa in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -8.11%, a useful input for stop placement and position sizing.
How to read Zilliqa as a proof-of-work asset
For an asset of this type, three lenses matter most:
- Security budget — whether mining rewards plus fees are enough to keep hash power — and therefore attack cost — high.
- Issuance schedule — how new ZIL enters circulation and when emissions taper. Disinflation is a core part of the bull case for PoW coins.
- Settlement demand — whether the chain is actually used to move value, since fee revenue eventually has to carry security as block subsidies shrink.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
