In April, 10, Zilliqa price was 3.9 cents. A month later, in May, 10 ZIL costs 23 cents. The information is given by the portal CoinMarketCap. Zilliqa became one of the 28 cryptocurrencies with the market capitalization of more than $ 1 billion. It overcame this mark at the end of Monday. Now ZIL is ranked 22nd in the CoinMarketCap rating, and its market capitalization has reached the level of  $ 1.6 bln. ZIL is the Singapore project. It presents itself as the decision of the problem of scaling  by sharding, the efficiency-enhancing technology that preceded bitcoin, but has not yet proved its viability, as freedman.club notes. Zilliqa (ZIL) is a cryptocurrency that can compete with Bitcoin. In terms of its functionality, the cryptocurrency resembles Ethereum. Its main difference from other existing platforms is the absence of a strict limitation on the number of transactions per unit of time. A number of specialists say that Zilliqa is the improved version of the "ether". It is intended, in particular, for the development and use of decentralized applications and the use of a smart contract system. Developers of Ethereum are also working to increase the capacity of their network, but at the moment it is not known who will be the first - Zilliqa or Ehtereum.

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