Zilliqa (ZIL) Jumps 70% on Network Upgrade Confirmation

Edgen Crypto

·Feb 03 2026, 06:46

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Key Takeaways

The price of Zilliqa's native token (ZIL) registered one of its strongest single-day gains in months after the project confirmed an upcoming network upgrade. This move attracted significant trader attention, especially as the token's performance starkly contrasts with the ongoing pressure in the wider cryptocurrency market.

Price Performance: ZIL's price increased by over 70% on February 3, 2026, marking a significant breakout.
Primary Catalyst: The rally was directly triggered by the official confirmation of an upcoming Zilliqa network upgrade.
Market Divergence: ZIL's sharp upward movement occurred while the broader crypto market remains under pressure, making it a notable outlier.

ZIL Price Climbs Over 70% After Upgrade Confirmed

The price of Zilliqa's native token (ZIL) surged more than 70% on February 3, 2026, delivering one of its most substantial single-day performances in recent months. The rally was a direct reaction to the confirmation of a planned network upgrade, which reignited investor and trader interest in the protocol. This price action marks a significant deviation from the broader market's subdued performance.

Upgrade Sparks Renewed Interest Amid Market Pressure

The announcement has pushed Zilliqa into the spotlight, attracting speculative interest at a time when most digital assets face headwinds. The positive momentum highlights investor optimism regarding the upgrade's potential to enhance the protocol's fundamental value. A successful implementation could lead to increased network adoption and potentially sustain the token's valuation, positioning ZIL as a key asset to watch in the coming weeks.