Zilliqa 1.0 Testnet Ends

Zilliqa 2.0 is a full transition from the original Zilliqa 1 blockchain to a new Proof-of-Stake (PoS) system with EVM compatibility, promising faster transactions, lower fees, and better scalability. On May 15, Zilliqa 1 mainnet will stop accepting new transactions at block 4675400, producing a final empty block at 4675588, with Zilliqa 2.0 taking over days later. This follows the testnet launch on May 13, ensuring a smooth migration for users and validators (Zilliqa X post, Apr 23, 2025). The upgrade aims to boost Web3 adoption by making the network more developer-friendly and efficient, a game-changer for dApps and enterprises. Recent NewsZilliqa has been in the spotlight since late 2024, with the Aventurine proto-mainnet release in December enabling community testing of new features like instant unstaking (Coinspeaker, Dec 18, 2024). In April 2025, the staking portal test processed numerous user transactions with no major issues, and a bug bounty with Hacken found zero vulnerabilities in audited contracts, signaling a secure launch (Zilliqa X post, Apr 23, 2025). Future PlansPost-launch, Zilliqa 2.0 will focus on enhancing tokenomics by reducing ZIL inflation and improving staking rewards to attract more delegators (Coinspeaker, Dec 18, 2024). The roadmap also includes deeper interoperability features, positioning Zilliqa as a go-to platform for Web3 innovation (roadmap.zilliqa.com). Onchain DataZilliqa 1 has over 4.8M addresses and 69.42M transactions to date, reflecting strong adoption (Coinspeaker, Dec 18, 2024). While staking metrics for Zilliqa 2.0 aren’t public yet, the test phase saw four new validators join, hinting at growing interest (Zilliqa X post, Apr 23, 2025). Community SentimentX reactions are mixed—some users are excited, with comments like “1$ journey starts,” while others are frustrated by delays, noting the launch was pushed from Q1 to mid-May (X replies, Apr 23-24, 2025). This reflects a community eager for progress but wary of timelines. Risk DisclaimerTransitions like this can lead to temporary volatility in ZIL’s price—trade cautiously and verify wallet updates to avoid migration scams.

Zilliqa 2.0 marks a major upgrade, transitioning from a sharded architecture to a Proof-of-Stake (PoS) system with EVM compatibility. The Zilliqa 1 mainnet will stop accepting transactions at block 4675400, producing a final empty block (4675588) on May 15, before Zilliqa 2.0 takes over a few days later [Zilliqa X Post, Apr 23, 2025]. This upgrade aims to boost scalability, reduce fees, and make the platform more developer-friendly by enabling Ethereum-based dApps. Users staking on Zilliqa 1 will need to migrate their ZIL to the new portal, with instant unstaking now supported via the Zillion portal. Recent NewsIn the past three months, Zilliqa has made steady progress. The Aventurine proto-mainnet launched in December 2024, allowing users to test the staking portal and validators [blog.zilliqa.com, Dec 18, 2024]. The v0.8.0 client release on April 23 included a hardfork on the proto-mainnet, ensuring a smooth transition [Zilliqa X Post, Apr 23, 2025]. A bug bounty with Hacken also confirmed no major issues in audited staking contracts, enhancing security. Future PlansPost-launch, Zilliqa 2.0 aims to attract more developers with its EVM compatibility and customizable blockchain features [roadmap.zilliqa.com]. The team plans to expand enterprise use cases, leveraging Zilliqa’s high-performance capabilities for next-gen applications. Onchain DataWhile specific staking metrics for Zilliqa 2.0 are not yet available, Zilliqa 1 has historically shown strong staking participation, with over 50% of its circulating supply staked [stakingrewards.com]. Transaction volumes are expected to rise post-launch due to EVM support. Community SentimentX reactions are mixed. Some users are excited, predicting a price surge to $1 [RishuVe62717915, Apr 23, 2025], while others criticize delays, with the launch shifting from March to May [CryptoSeeker, Apr 23, 2025]. Frustration over past price performance also persists [Persia2025, Apr 24, 2025]. Risk DisclaimerUpgrades like this can lead to price volatility; ensure you’re prepared for market fluctuations and only stake what you can afford to lock up.

The migration, slated for the week of June 18, 2025, involves transitioning from Zilliqa 1.0 to Zilliqa 2.0, a backward-compatible upgrade designed to improve transaction throughput and stability [zilliqa.com/blog]. The purpose? To address past network stalls caused by complex Scilla transactions and faulty validators, ensuring a smoother experience for users and developers. Expect an automatic token migration for ZIL holders, with the final block height for Zilliqa 1.0 to be announced by June 13 [x.com/zilliqa/status/1932816584457818117]. This upgrade could boost adoption, especially for DeFi and memecoin projects like ZilPepe, but users should monitor official channels for real-time updates.Recent NewsZilliqa has been busy refining its tech over the past three months. In early May, the team completed a successful proto-mainnet rehearsal and released version 0.9.0, though delays due to Scilla transaction issues pushed the launch timeline [x.com/zilliqa/status/1921959411477872917]. By June 4, version 0.9.3 stabilized performance, and community testing of the staking portal began [x.com/zilliqa/status/1930268265772687788]. These milestones reflect Zilliqa’s commitment to a secure rollout, earning praise from some users for transparency [x.com/Wes_P_H/status/1925122182520111257].Future PlansPost-migration, Zilliqa aims to enhance transaction processing with version 0.10.0, expected later this week [x.com/zilliqa/status/1932816584457818117]. The roadmap also includes broader community testing and onboarding new validators, with a focus on scaling the network for enterprise use [roadmap.zilliqa.com]. Long-term goals involve driving Web3 adoption through customizable features, as outlined in the 2024 whitepaper [zilliqa.com/blog].Onchain DataSpecific onchain metrics (e.g., current staking volume or transaction counts) aren’t detailed in the latest updates, but historical data shows Zilliqa’s strength in high-performance transactions, a key selling point since its 2017 sharding innovation [stakingrewards.com]. Post-migration data will be critical to assess success—stay tuned for analytics from platforms like Dune Analytics.Community SentimentX reactions are mixed but trending positive. Enthusiasts like @Rockon2You applaud the progress [x.com/Rockon2You/status/1930268674587255020], while others, like @krit71803685, express concern over a declining market cap and suggest more marketing [x.com/krit71803685/status/1933148818914320862]. Memecoin hype around ZilPepe adds excitement [x.com/Condji1/status/1932817453945360867], though some frustration lingers from past delays [x.com/UA0680/status/1921969497348481328].Additional InsightsZilliqa’s upgrade positions it against competitors like Ethereum, which is also scaling with upgrades. The declining market cap (noted on CoinGecko) might reflect investor fatigue, but a successful migration could reverse this trend. Users benefit from automatic migration and potential staking rewards, though monitoring official announcements is key.Risk Disclaimer: Crypto events like forks can involve volatility or technical risks. Always verify details and invest cautiously.

The migration involves transitioning the current mainnet to Zilliqa 2.0, a backward-compatible upgrade designed to improve transaction throughput and support complex smart contracts via the Scilla language. The final block height for Zilliqa 1.0 will be announced by June 14, 2025, with the switch occurring after final checks, as per the latest update on June 11, 2025. This move aims to drive Web3 adoption by offering a more robust platform for developers and users. The automatic token migration ensures a seamless shift for ZIL holders, though community testing of staking portals is encouraged to iron out any last-minute issues. This upgrade could boost Zilliqa’s competitiveness against rivals like Ethereum and Solana.Recent NewsZilliqa has been transparent about its journey to 2.0, with key milestones in the past three months. On June 11, 2025, the proto-mainnet stabilized with nearly all validator nodes recovered, a critical step after delays caused by Scilla transaction stalls (Zilliqa, 2025). Earlier, version 0.9.3 was released on June 4, 2025, enhancing performance, while May’s updates addressed security and transaction issues from the Hacken bug bounty program. These developments signal a project committed to stability, despite past postponements.Future PlansPost-migration, Zilliqa aims to roll out version 0.10.0 later this week (June 14, 2025), focusing on transaction processing enhancements. The roadmap highlights expanded validator onboarding via a recent hard fork and plans for public testing of reward-claiming transactions. Long-term, Zilliqa 2.0 targets mass Web3 adoption, with a whitepaper released in June 2024 outlining customizability and ease-of-use goals (blog.zilliqa.com, 2024).Onchain DataSpecific onchain metrics for the proto-mainnet (e.g., transaction volume or staking activity) are not fully detailed in recent updates. However, the stabilization of block times and recovery of validator nodes suggest improved network health, a positive indicator for future performance. Historical data from Staking Rewards shows Zilliqa’s focus on high-security staking, which will likely see increased adoption post-migration.Community SentimentX reactions to the June 11 update are mixed but lean optimistic. Enthusiasts like @Rockon2You praised the team’s efforts, while @ProfessionalHodler.ZIL promoted #ZilPepe, a memecoin on Zilliqa, hinting at community-driven growth. Concerns from @krit71803685 about declining market cap and marketing needs reflect some frustration, though @Wes_P_H’s May 21 support for transparency suggests resilience. Overall, sentiment is cautiously positive.Additional InsightsZilliqa’s transparent delay strategy contrasts with less communicative projects, potentially building trust. The rise of memecoins like #ZilPepe could attract new users, though investors should note market cap volatility risks. Compared to Ethereum’s upgrades, Zilliqa’s focus on Scilla offers a unique niche.Risk Disclaimer: As with any fork/swap, monitor official announcements and beware of scams mimicking the migration. DYOR!