#zil
ZIL coin, also known as Zilliqa, is currently trading at $0.005476, with a 0.29% decrease in the last 24 hours. The market cap is $107.58 million, and the circulating supply is 19.65 billion ZIL tokens. Zilliqa is a high-throughput public blockchain platform designed to address scalability issues, leveraging sharding technology to enhance network efficiency.¹ ²
*Key Highlights:*
- *Price Movement:* ZIL is consolidating around $0.005476, with resistance at $0.006157 and support at $0.005093
- *Market Sentiment:* Bullish, with potential for breakout if institutional adoption continues
- *Trading Volume:* $80.69 million in the last 24 hours
Recent developments include a strong news flow and staking yields powering a sharp 8.63% uptrend. Analysts warn of conflicting momentum and oscillators, creating uncertainty.³
Would you like to know more about ZIL's technical indicators or its potential use cases? What are your thoughts on ZIL's future price movements?
