ZetaChain Surges by 125%: How High Can the ZETA Price Go?

The value of the ZetaChain project token, an EVM-compatible layer-1 blockchain, experienced a significant surge following its listing on major centralized exchanges (CEX). How high can the ZETA price go? Lets take a look at this ZETA price article in more detail.

What is ZetaChain (ZETA)?

ZetaChain is a groundbreaking Layer-1 blockchain boasting built-in chain-agnostic interoperability. With compatibility for EVM (Ethereum Virtual Machine), Cosmos/IBC, Bitcoin, Dogecoin, Tron, and more, ZetaChain stands out for its versatility. Developers harness ZetaChains messaging capabilities to seamlessly transmit both data and native value across various chains without the need for asset wrapping.

But thats not all ZetaChain is gearing up to support native smart contracts. This opens the door for developers to craft omnichain decentralized applications (dApps) capable of orchestrating funds across different chains, all managed from a single contract. Now, thats innovation in action!

Why is ZETA Prie up?

ZETA/USD Daily Chart- TradingView

The current price of ZetaChain stands at $1.87 USD, and it has seen a notable 137.26% increase in the past 24 hours, with a trading volume of $267,675,385 USD. Please note that the circulating supply is not available, and the maximum supply is capped at 2,100,000,000 ZETA coins.

In August 2023, ZetaChain hit the jackpot with a whopping $27 million in investments. Big names like Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, and Krust all jumped on board to back the project. While ZetaChains exact value remains a bit mysterious, these heavy-hitting investments are set to fuel some serious blockchain innovation.

Now, fast forward to January 31, and ZetaChain is dropping some exciting news theyre about to unleash their mainnet in the next few days! This isnt your average mainnet launch its going to seamlessly connect with a bunch of chains, including big shots like Bitcoin (BTC), Ethereum (ETH), and the various blockchains hanging out in the Cosmos ecosystem. And guess what? BNB Chain is stepping into the spotlight as one of the networks getting the initial nod.

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How high can the ZETA price go?

Think of ZetaChain as the ultimate matchmaker for blockchains. Its like the smooth operator of the crypto world, effortlessly connecting different blockchains and layers. How? Well, its got some cool features under its belt, like making value hop between chains, delivering messages across the board, and supporting smart contracts that can work their magic across multiple networks.

Now, lets dive into why this matters. Picture this ZetaChain allows apps, the cool kids in the blockchain world known as omnichain dApps (or odApps), to tap into data and liquidity from all sorts of networks. Its like having a universal remote control for different blockchains.

These features might just add some extra spice to ZetaChains value. Developers using ZetaChain can create smart contracts that are as easy to deploy as your usual app on a single network. These contracts have a superpower they can manage data and value across many chains.

Heres the thing ZetaChain is not fussy about the chains it hangs out with. It can cozy up to non-smart-contract chains like Bitcoin and Dogecoin, opening up new possibilities in the crypto world.

Now, lets talk about the heart and soul of ZetaChain the ZETA coin. Its the engine that keeps everything running smoothly. ZETA is the power behind moving value between chains, keeping the blockchain secure, covering gas fees, handling transactions, and storing data. With ZETA, users can move their stuff across chains without the usual worries that come with dealing with different blockchains.

So, in a nutshell, ZetaChain isnt just about connecting chains; it might just be shaping the way we experience blockchain in the future.

Think of ZetaChain as the friendly newcomer in the blockchain neighborhood, here to make things interesting. Its not your typical blockchain; its the one that easily connects with others. Whether its Ethereum, Bitcoin, Dogecoin, or Tron, ZetaChain knows how to be a good neighbor.

So, whats it up to? Developers are currently using ZetaChains messaging skills to chat and share stuff across different blockchains. No need for complicated processes its like sending a message to your friend next door.

But theres more on the horizon. ZetaChain is getting ready to support native smart contracts. In simple terms, developers can use these contracts to create cool apps that manage money across different blockchains, all from one central point. Its like having a financial hub that connects everything seamlessly.

Text source: CryptoTicker

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