February 9, 2026 – The Zilliqa (ZIL) ecosystem has reclaimed its spot at the center of the global crypto market over the past 24 hours. Following the successful execution of a major hard fork earlier this February, the network—renowned for its pioneering sharding technology—has officially entered a crucial transition phase toward broader scalability and institutional adoption.

Success of the Node v0.20.0 Upgrade

This week marks a historic milestone for Zilliqa with the successful implementation of the node v0.20.0 upgrade. This enhancement is far more than routine maintenance; it represents the full integration of the EVM (Ethereum Virtual Machine) Cancun standard.

This strategic move allows dApp (decentralized application) developers from the Ethereum ecosystem to migrate their projects to Zilliqa with minimal code changes. This integration is expected to trigger a surge in liquidity and active user growth within the network.

Market Dynamics: Volume Surges Amid Healthy Correction

From a technical standpoint, ZIL's price action has been a magnet for traders. After skyrocketing nearly 80% in early February due to pre-fork speculation, ZIL is currently undergoing a healthy consolidation, trading within the $0.0047 - $0.0075

On-Chain Activity: Daily trading volume has seen a significant spike of over 280%, signaling a resurgence of market interest after a prolonged period of stagnation.

Institutional Sentiment: News of a Liechtenstein-based trust joining as a network validator has provided an additional boost to sentiment. This reinforces the narrative that Zilliqa is increasingly viewed by traditional financial players as a secure and regulated infrastructure.

The Road Ahead: Zilliqa 2.0 Roadmap

Community focus is now shifting entirely toward the Zilliqa 2.0 vision. Unlike its predecessor, Zilliqa 2.0 is designed to be a more eco-friendly and efficient network by introducing:

Full Migration to Proof-of-Stake (PoS): Eliminating reliance on energy-intensive mining.

X-Shards Innovation: A technology enabling limitless scalability without compromising security.

Investor Outlook

While there has been a slight price retracement in the last 24 hours due to profit-taking, technical indicators suggest that Zilliqa is building a strong foundation at its new support levels. With EVM integration now live, the next challenge for Zilliqa will be proving its ability to attract developers to build innovative projects on its revamped rails.

Disclaimer:

Crypto asset investments carry high risks. This article is for informational purposes only and does not constitute professional financial advice.