What is Zilliqa (ZIL) price today: market cap ranking #159 with 19.9B circulating supply

Zilliqa ranks #159 in market cap with a current price of $0.004734 USD

As of February 6, 2026, Zilliqa (ZIL) demonstrates its position as a notable player in the cryptocurrency market, commanding a market cap ranking of #159 with a price point of $0.004734 USD. This valuation reflects the digital asset's status among thousands of cryptocurrencies competing for market share. With a circulating supply of approximately 19.9 billion tokens, Zilliqa maintains a substantial presence within the blockchain ecosystem, where the platform operates as a high-throughput public blockchain designed to process thousands of transactions per second. The trading volume patterns surrounding ZIL reveal active market participation, with recent 24-hour volumes reflecting investor interest in this distributed ledger technology. The market cap positioning at #159 indicates that while Zilliqa may not occupy the uppermost tier of cryptocurrency rankings, it maintains meaningful market capitalization relative to numerous emerging blockchain projects. Understanding ZIL's price action and market cap dynamics provides insight into how this scalable blockchain platform is valued against other cryptocurrency assets in the increasingly competitive digital currency landscape.

Circulating supply of 19.9B ZIL against a maximum supply of 21B tokens

Zilliqa's token economics reflect a mature distribution phase, with 19.9 billion ZIL tokens actively circulating out of a capped maximum supply of 21 billion tokens. This represents approximately 94.81% circulating supply utilization, leaving roughly 1.1 billion tokens for future release. The near-complete circulation demonstrates that the network has successfully distributed the majority of its token supply to ecosystem participants.

The ZIL token serves multiple essential functions within the Zilliqa network. Token holders utilize ZIL to pay transaction fees for executing smart contracts and on-chain transactions, participate in staking mechanisms to validate network transactions and earn rewards, and exercise governance voting rights to shape protocol development and upgrades. This multi-functional design ensures sustained demand and participation from the community.

The maximum supply of 21 billion establishes a fixed cap that prevents unlimited inflation, thereby supporting long-term value preservation. With 94.81% of tokens already in circulation, new releases occur gradually, minimizing sudden supply shocks. This predictable token release schedule allows market participants to anticipate potential supply dilution, making it easier to model Zilliqa's economic fundamentals and assess investment implications.

24-hour trading volume of $10.82M with significant price volatility of -6.66% weekly

Zilliqa's trading activity reflects the broader cryptocurrency market dynamics, with a 24-hour trading volume of $10.82M demonstrating consistent liquidity on exchanges. This volume level indicates moderate trader interest in ZIL, providing participants with reasonable execution opportunities across different position sizes. The significant price volatility of -6.66% over the weekly period highlights the responsive nature of Zilliqa's market to broader market sentiment shifts and ecosystem developments.

This weekly price movement represents a meaningful correction that reflects typical cryptocurrency market behavior, where even projects with strong technological foundations like Zilliqa experience periodic pullbacks. The combination of substantial trading volume alongside notable weekly volatility suggests active market participation, as traders adjust their positions in response to evolving conditions. For investors monitoring ZIL price performance, these metrics underscore the importance of understanding both liquidity depth and price fluctuation ranges when evaluating entry and exit strategies in the cryptocurrency space.

Strong exchange coverage across major platforms including Binance, KuCoin, and gate for optimal liquidity

Zilliqa maintains robust exchange coverage across leading cryptocurrency trading platforms, ensuring optimal liquidity for traders and investors worldwide. The ZIL token's accessibility on multiple major exchanges has been instrumental in establishing strong market infrastructure and facilitating seamless trading experiences. Trading platforms like KuCoin and gate provide substantial liquidity pools, enabling efficient price discovery and execution for ZIL transactions of varying sizes.

The liquidity environment surrounding ZIL reflects growing institutional and retail interest in the platform's high-throughput blockchain capabilities. With 19.9 billion ZIL in circulating supply, the token benefits from significant trading volume across its supported exchange venues, contributing to its market positioning with a ranking around #159 in market capitalization. This broad exchange distribution means that traders have multiple venues to buy, sell, and trade ZIL with competitive spreads and reasonable slippage.

Recently, network maintenance activities required temporary adjustments to deposit and withdrawal services on certain platforms, such as the February 5, 2026 suspension related to Zilliqa's crucial network upgrade. This procedural necessity underscores the active development behind the ZIL ecosystem. Following such upgrades, exchange coverage and liquidity have remained stable, demonstrating the resilience of ZIL's market infrastructure. The cryptocurrency's availability across diverse trading platforms continues to support its liquidity profile, making it accessible for various trading strategies and investment approaches. This multi-exchange presence strengthens ZIL's position as a liquid cryptocurrency with reliable market infrastructure for participants seeking exposure to Zilliqa's scalable blockchain platform.

FAQ

What is Zilliqa (ZIL)? What are its main functions and uses?

Zilliqa (ZIL) is a smart contract platform designed for developers to create and deploy decentralized applications. It enables efficient transaction processing and supports diverse use cases including decentralized finance, gaming, and supply chain management.

How to buy and trade Zilliqa (ZIL) tokens?

You can purchase ZIL tokens on decentralized exchanges (DEX) that support ZIL trading. Connect your DeFi wallet to the platform, then complete your purchase. You can also trade ZIL on secondary markets to profit from price movements.

What are Zilliqa's technical features and consensus mechanism?

Zilliqa employs sharding technology to enhance scalability and uses a hybrid PoW+PBFT consensus mechanism. It leverages Proof of Work for initial validation and practical Byzantine Fault Tolerance (PBFT) for final consensus, enabling high transaction throughput and network security.

What is the total supply of ZIL tokens? What is the circulating supply and token release schedule?

ZIL has a total supply of 1 billion tokens. The current circulating supply is approximately 19.9 billion tokens. The specific token release schedule has not been publicly disclosed by the project team.

What are the risks of investing in Zilliqa (ZIL)?

Zilliqa faces market volatility risks, competition from other layer-1 blockchains, adoption uncertainty, regulatory changes, and smart contract vulnerabilities. Technology development delays and token concentration could also impact value. Consider your risk tolerance before investing.

What are the advantages and disadvantages of Zilliqa compared to other public chain projects?

Zilliqa excels in scalability and transaction efficiency with high throughput and low fees through sharding technology. However, it faces challenges including a smaller ecosystem, limited developer adoption, and less liquidity compared to major networks like Ethereum and Solana.