Why is Zilliqa rallying despite weakness in the broader crypto market?
Zilliqa (ZIL) price is extending its gains, rallying over 20% to $0.006 on Tuesday after soaring nearly 34% the previous day. The upcoming Cancun upgrade this week is boosting investor sentiment, despite broader weakness in the crypto market. ZIL continues to attract strong buying interest, supported by rising trading activity and improving derivatives metrics.
Zilliqa’s Cancun EVM version support boosts sentiment
Zilliqa’s upcoming Cancun Ethereum Virtual Machine (EVM) version support, which will activate on the mainnet through a hard fork, is scheduled for this week on Thursday. This update aims to deliver faster communication and finer-grained control, as posted by Zilliqa’s X.
In addition, Zilliqa’s community updates blog on…
