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Zilliqa Announces Shift to Ethereum L2, Targeting Regulated

Zilliqa Announces Shift to Ethereum L2, Targeting Regulated

Photo: Coinfomania

Zilliqa shifts to Ethereum Layer 2 focused on institutions. This strategic pivot could reshape its market presence — here's why. Zilliqa is making a significant move by announcing its transition from a standalone Layer 1 blockchain to an Ethereum Layer 2 called the Zilliqa Institutional Layer (ZIL). This change is aimed at enhancing its appeal to regulated institutions, as reported by the Crypto Twitter commentator @WuBlockchain. With insufficient usage on its legacy chain, Zilliqa’s pivot could redefine its operational strategy in the evolving crypto landscape.

Source: Coinfomania

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