ZIGChain soars as ecosystem developments mount and whales continue to accumulate $ZIG.

The last twelve months have seen the crypto market face innumerable swings, with many established projects seeing red during this timeframe. However, in the same breath, there have also been some projects like Zignaly that have defied these trends and forged a path of rapid ascent for themselves.

To elaborate, since Q3 2023, Zignaly’s native token, $ZIG, has seen its value register three separate relative highs — during March, June, and November — with the most recent surge coming on Nov. 14 when $ZIG scaled up to $0.15, a price point it hadn’t witnessed since Q1 2022.

$ZIG price action between Nov 2023 and 2024 (source: Coingecko)

And, while one may be tempted to believe that $ZIG’s ongoing surge is attributable to the pervading bullish sentiment, it bears mentioning that its performance is rooted in a series of partnerships, airdrops, and ecosystem developments. 

Most recently, the Zignaly team announced that it had partnered with PureVPN, one of the biggest, if not the biggest, VPN providers in the world. As part of the agreement, the latter is set to serve as the first official validator on ZIGChain, Zignaly’s Layer 1 (L1) offering designed to facilitate seamless wealth generation within the DeFi realm.

By leveraging PureVPN’s extensive network of 6,000+ servers and its reach across 180 countries serving over 2 million paid subscribers, the partnership can significantly expand ZIGChain’s global presence.

Lastly, it bears mentioning that Tesla and SpaceX CEO Elon Musk has also been a vocal proponent of PureVPN for quite some time now, something that was reflected in $ZIG’s price action almost immediately after the partnership was announced.

$ZIG’s price action post its PureVPN deal (source: Tradingview)

Whales are lapping up $ZIG rapidly.

Another reason why anticipation has been building around Zignaly is because a growing number of whales — i.e. investors holding a significant amount of crypto — have been accruing the token at a rapid rate. 

For instance, STILL K.A.P.O, a famous trader and HODLer with over 260k followers of X, revealed that post Nov 6, he would be loading up a fresh wallet with 30+ ETH (for the next 30 odd days) via which he would buy and swap 1 ETH for $ZIG every day. 

STILL KAPO’s recent $ZIG accumulation activities (source: X)

Following in the same trajectory, two other prominent crypto whales — namely, Andrew Crypto (the founder of CryptoAreaGlobal.com) and Stasher — also announced that they would be doing the same and buying 1 ETH worth of $ZIG every single day for the next month or so.

In addition to this, Zignaly has recently facilitated many major community-driven operations. For instance, the firm has created a massive 60,000,000 $ZIG staking reward pool, which is up for grabs as part of its ZIGStake initiative.

With a current APY of ~80%, plus $350,000+ already distributed in airdrops, the program has already attracted around 11,000+ unique addresses. Not only that but to date, Zignaly has distributed $350,000+ via various airdrops.

Building a sustainable ecosystem

Zignaly recently introduced another noteworthy initiative called the Wealth Generation Quest. It is designed to reward early platform adopters with the exclusive Wealth Pass, which grants members privileged access to various benefits, including premium products, invite-only events, ecosystem grants, and special airdrops within the ZIGChain ecosystem.

Another major milestone for the project has been its integration with Binance’s BNB Chain, enabling direct ZIGStake access with reduced fees, faster transactions, and improved accessibility — all while exposing users to BNB’s million-plus customer base.

Lastly, it bears mentioning that since January, Zignaly has established strategic partnerships with key industry players, including Web3Auth for wallet infrastructure, HoudiniSwap for exchange services, Enjinstarter for incubation and launchpad capabilities, and SpectreAI for trading solutions (among several others).

Thus, looking ahead, Zignaly stands primed to play a crucial role in shaping the burgeoning DeFi ecosystem. Interesting times indeed!