Zilliqa has announced a significant revision to its circulating supply, aligning with standard practices in the blockchain industry. According to the results published in the material, this update aims to enhance transparency and provide accurate market data for investors and stakeholders.
Increase in ZIL Tokens
The recent adjustment saw an increase of 443 million ZIL tokens, which reflects newly unlocked or distributed tokens that are now actively circulating in the market. Such revisions are common among blockchain projects, as they periodically reassess supply figures to ensure they accurately represent the current state of token circulation.
Impact on Community Trust and Market Reporting
This move not only helps in maintaining trust within the community but also aids in better market reporting. By keeping the circulating supply data up to date, Zilliqa reinforces its commitment to transparency and accountability. These factors are crucial for fostering investor confidence in the rapidly evolving crypto landscape.
As Zilliqa updates its circulating supply to enhance transparency, Zcash is showing signs of stabilization after a recent selloff. For more details, see the full article on Zcash's market dynamics here.
