- Zilliqa 2.0 will be available in launch with full EVM and POS support.
- Zil holds a significant FIB level amid bearish market trends.
- The agency will look at Zil so that the defi and fintech projects are integrated.
Zilliqa, a former high-flight blockchain project, was known for its early use of Shelding, officially launched version 2.0 of the network, marking a major step towards facility-grade infrastructure and Ethereum compatibility.
This overhaul of sweep protocols lays the foundation for a new era of adoption as it introduces several technical upgrades and seeks to regain the relevance of the rapidly evolving blockchain ecosystem.
Zil is currently more than 95% below its all-time high, so investors are asking if the upgrade could cause a sustainable price recovery.
Zilliqa 2.0 brings full EVM support and institutional capabilities
The shift to Zilliqa 2.0 is more than a cosmetic upgrade. This represents a complete protocol conversion designed to address years of limitations and unlock new use cases.
Ethereum Virtual Machine (EVM) compatibility integration allows developers to deploy Zilliqa’s Ethereum-Native smart contracts and distributed applications (DAPP) with minimal code changes.
This critical update will allow the network to interoperate with the broader Ethereum ecosystem, significantly expanding its utilities and appeal.
In addition to EVM support, Zilliqa 2.0 introduces new stake consensus mechanisms aimed at replacing new workplace proof designs and enhancing scalability, energy efficiency and decentralization.
The modular architecture allows customizable shades, cross-chain communications, and light client support. All of this is aimed at enterprise grade performance and flexibility.
Developers and agencies will reconsider Zilliqa
The improved network has already attracted interest from Fintech and Defi projects, and early integrations such as LTIN and DeBridge lay the foundation for tokenized assets and regulated liquidity flows.
In particular, Debridge plans to bring native USDCs to Zilliqa, marking key milestones in promoting cross-chain liquidity and institutional relevance.
Additionally, the updated staking mechanic aims to simplify validator onboarding while rewarding early transitions from version 1.0.
According to Alexander Zahnd, interim CEO of Zilliqa, the new direction for the platform is built on trust and technology excellence rather than hype with a roadmap that includes privacy-providing capabilities, digital identity tools and smart accounts.
These long-term extensions aim to prevent protocols in the future, allowing them to serve both compliance-focused institutions and the broader crypto developer community.
Zil struggles to provide important support amidst the weakness of price
Despite sustained downward pressures in the broader crypto market, Zilliqa’s native token Zil has recently shown signs of technical resilience regarding the key Fibonacci levels.
According to Crypto analyst Emilio Bojan, Zil bouncing off a clean $0.01042 from the 0.618 Fibonacci retracement level and currently holds over the 0.5 zone, suggesting that buyers are in critical support.
This technical setup has fostered careful optimism among bulls who are currently focusing on short-term moves towards the $0.01129 level.
#zilliqa $Zil respects FIB levels like textbook movement 📈
Bouncing off 0.618 FIB ($0.01042) and held above the 0.5 zone.
As long as the Bulls defend these retracements, $0.01129 remains a play.– Emilio Crypto Bojan (@emiliobojan) June 25, 2025
Prices have fallen more than 40% over the past year and nearly 17% last month, but recent rebounds suggest that assets may be trying to establish a bottom, especially as the foundation has been converted significantly.
Zilliqa price forecast
At the time of writing, Zil had dropped 2.2% to $0.01063 over the past 24 hours, showing trading volumes of $9.88 million. This is 1.5% lower than the previous day.
The circular supply is just over 19.5 billion tokens, with a total cap of 21 billion and a market capitalization of around $207.6 million, located at 268 positions.
Zil is 95% above the all-time high of $0.2554 reached May 2021, 345% above the all-time low of $0.002396 from March 2020, highlighting potential volatility and upside if emotions change.
Network upgrades are fundamentally bullish, but traders may remain cautious in the short term until pricing measures confirm a reversal supported by stronger volumes and sustained interest.
Nevertheless, the structural improvements brought about by Zilliqa 2.0 could ultimately pave the way for a long-term recovery if it leads to real user growth and traction of the ecosystem.
