With the launch of its mainnet EVM, Zilliqa also launched its own EVM compatibility alongside Filecoin and EOS.
The EVM upgrade helped the ZIL price regain its momentum after days of losses. The digital currency rose 1.74 percent in the last 24 hours to $0.03019. EVM compatibility was a milestone for the Zilliqa protocol as it was underlined by the community.
The Number of EVM Compatible Projects Increases
Zilliqa stated that active protocol activity has resumed after the EVM compatibility upgrade.
As a protocol with smart contract capabilities, its ability to interoperate with other protocols has been a driving force in Zilliqa’s growth. The move to Ethereum has repositioned dApps in ZIL to take advantage of other EVM-compatible protocols and massive liquidity in the Web3.0 ecosystem.
With its growing EVM compatibility, Ethereum remains the second largest blockchain network in the world, while also the largest in terms of smart contract functions.
There have been many projects that have recently started EVM compatibility outside of Zilliqa. Among these projects that initiated EVM compliance were the decentralized storage protocol Filecoin (FIL) and EOS protocols.
This growth in EVM compatibility is a very positive development for Ethereum, Zilliqa and other related protocols.
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