ZetaChain

Jane

Billion

Coin

<p>The post <a href="https://coinpedia.org/news/zetachain-price-surges-by-150-how-high-can-the-zeta-price-go/">Zetachain Mainnet Explodes! ZETA Price Records 120% Spike</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p><a href="https://coinpedia.org/press-release/zetachain-introduces-first-ever-omnichain-smart-contracts-and-native-bitcoin-interoperability-support-to-over-users/">ZetaChain</a>, a revolutionary Layer-1 blockchain, made waves on February 1st with a remarkable surge following the beta launch of its mainnet. The native asset, ZETA, skyrocketed by an impressive 150%, reaching $1.9 within hours of the announcement.</p> 
<h2 class="wp-block-heading" id="h-what-is-zetachain-zeta">What is ZetaChain (ZETA)?</h2> 
<p>ZetaChain, an EVM-compatible layer-1 blockchain, stands out with built-in chain-agnostic interoperability. Supporting various chains like EVM, Cosmos/IBC, Bitcoin, Dogecoin, Tron, and more, its unique messaging capabilities enable seamless data and native value transmission across different chains without the need for asset wrapping.</p> 
<p>ZetaChain is set to introduce native smart contract support, allowing developers to craft omnichain decentralized applications (dApps) for managing funds across different chains through a single contract.</p> 
<p><strong>Understanding the intricacies</strong></p> 
<p>At the heart of ZetaChain’s functionality is its native utility token, playing a crucial role in ensuring the platform’s seamless operation. This versatile token facilitates smooth value movement between chains and acts as a guardian of blockchain security, covering gas fees, overseeing transactions, and managing data storage.</p> 
<h2 class="wp-block-heading" id="h-zetachain-s-financial-journey"><strong>ZetaChain’s Financial Journey</strong></h2> 
<p>In August 2023, ZetaChain secured a substantial <a href="https://coinpedia.org/news/crypto-investment-landscape-in-august-2023-a-detailed-analysis/">investment of $27 million</a> during a funding round, with key participants including Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, and Krust.</p> 
<p>The mainnet launch introduces support for BNB Chain, Bitcoin (BTC), and Ethereum (ETH) networks, with BNB Chain taking the forefront for user interactions, cross-chain trading, and liquidity transfers.</p> 
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   <p lang="en" dir="ltr">ZetaChain is excited to natively support <a href="https://twitter.com/BNBCHAIN?ref_src=twsrc%5Etfw">@BNBCHAIN</a> at mainnet launch, along with Ethereum and the Bitcoin network.<br><br>This means BNB Chain users can interact with contracts on ZetaChain, trade across chains that ZetaChain connects to, and also allow liquidity to be transferred to… <a href="https://t.co/ogVKx974fk">pic.twitter.com/ogVKx974fk</a></p>— ZetaChain (@zetablockchain) <a href="https://twitter.com/zetablockchain/status/1752595135572083094?ref_src=twsrc%5Etfw">January 31, 2024</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<h2 class="wp-block-heading" id="h-market-dynamics"><strong>Market Dynamics</strong></h2> 
<p>As of now, ZetaChain’s price stands at <a href="https://coinmarketcap.com/currencies/zetachain/">$1.67</a>, marking a notable 120% surge in the past 24 hours. The trading volume is substantial at $267,675,385. Note that the circulating supply is currently unavailable, and the maximum supply is capped at 2.1 Billion ZETA coins.</p> 
<p>What’s next for ZetaChain? We’ll have to wait to find out! </p>

Zetachain Mainnet Explodes! ZETA Price Records 120% Spike

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