Zilliqa (ZIL) may not be getting lots of attention lately, but it is definitely one of the projects worth watching going into 2019. What stands out about this project is that it is working on one of the biggest problems facing blockchain technology, and that’s scalability. Zilliqa aims to solve this problem by using Sharding, and in tests, it has been proven to work efficiently, achieving transaction speeds of over 2000 transactions per second, without any inefficiencies to the network. Zilliqa is so serious about scalability that they postponed their mainnet launch to ensure that they get everything about it right. That’s why they pushed its launch to early 2019, when everything will be in perfect shape.
In essence, its mainnet launch will be a big deal once it happens. It will be the launch of one of the most scalable platform blockchains, one that can be applied in a wide a variety of industries. As per their website, Zilliqa could be applied in industries as diverse as gaming and advertising. That’s why as the mainnet launch date approaches, Zilliqa will without a doubt experience some FOMO buying that could push up its price.
Besides, even in anticipation of the mainnet FOMO that will come in late 2018, Zilliqa has been making moves that could lead to an increase the value of this crypto going into 2019. For instance, they have recently announced that they have partnered with DMM to increase the popularity of their smart contracts language in Japan. This is a big deal, because Japan is one of the biggest markets for crypto, and as such, by popularizing it in this country, chances are high profile Dapps targeted at this market will arise. This alone gives Zilliqa a good chance to gain significantly going into quarter 4 of 2018, when taken in the context of the upcoming mainnet launch in 2019.
It is also noteworthy that the Zilliqa mainnet launch will be coming at around the same time as the decision of the SEC on bitcoin ETFs in December. If the SEC decision comes out positive, it will trigger a market-wide bull run going into 2019. Such a run will see a massive rally in altcoins that have strong fundamentals to them, and Zilliqa (ZIL) will be one of them. That’s because it would be launching its mainnet in the middle of a bull market, and this could see the value of this crypto rise faster than the rest of the market.
Based on the above, it is clear that Zilliqa is a sleeping giant. Everything about it is lining up for a massive rally going into Q4 of 2019. The only reason why it has been quiet is that the mainnet hype died down after it was postponed, but that will change as the new date approaches again.
Even outside of the hype-driven pump that will come with the mainnet, Zilliqa is without a doubt, a solid long-term hold. The fact that it has solved scalability could see it gain adoption in the development of billion-dollar Dapps aimed at industries as critical as finance. The future is in decentralized applications that outperform centralized systems, and Zilliqa will be at the center of it all. How high can Zilliqa go? Well, that’s not easy to predict, but a $1 Zilliqa (ZIL) is within the realms of possibility. Its Sharding scaling solution could see it draw in developers looking to avoid the inefficiencies of the bigger, but less-scalable blockchains.
