Zilliqa abandons its own blockchain to become a permissioned Ethereum Layer 2 for regulated institutions.

Zilliqa is transitioning from an independent Layer 1 blockchain to a permissioned Layer 2 settlement layer on Ethereum, targeting regulated institutions. This shift involves restricting transactions to verified participants through identity checks managed with the Liechtenstein Trust Integrity Network (LTIN). The move addresses challenges like low adoption, funding issues, and security risks faced by standalone Layer 1 chains. ZIL token holders are unaffected for now, but the project aims to align with emerging regulatory frameworks such as the EU's MiCAR.

Zilliqa (ZIL) trades at Rp30 on Pluang, down 8.42% as of Nov 05, 2026 21:42 WIB. Its market cap is Rp640.82 million with a 24-hour volume of Rp59.31 million. Most Pluang users (99%) are buying, holding for an average of 134 days.