As of May 2022, Zilliqa’s token ZIL is among the top 100 cryptocurrencies by market cap, which indicates that it is worth keeping an eye on. The Zilliqa ecosystem could see considerable growth amid a rise in Web3 adoption, which could drive an uptrend in the Zilliqa price in the future.
The Zilliqa blockchain offers an attractive platform for developers to build and deploy highly scalable and energy-efficient dApps using smart contracts, with the extra security that a PoW consensus offers. This factor gives the network an edge over many of the emerging dApp ecosystems in the market which use PoS consensus instead and could have a positive impact on Zilliqa price statistics.
In addition to its advantages to host highly scalable DeFi and NFT projects, Zilliqa also offers much promise as a blockchain ecosystem to support enterprise apps. This can help contribute to the mainstream adoption of its technology, further supporting the Zilliqa price and making it an interesting cryptocurrency to invest in.