Zilliqa network upgrade triggers strong growth momentum, ZIL price surges over 70%.

According to CoinWorld, driven by the confirmation of a major upgrade to the Zilliqa network, the price of ZIL surged over 70% intraday. The protocol has launched node version 0.20.0, aligning with the EVM features of the Cancun era, and has scheduled a hard fork for February 5, 2026. This update enhances compatibility with Ethereum and introduces government-associated validation nodes from Liechtenstein. Derivatives data shows strong market confidence, with open interest soaring approximately 922% to about $55.1 million, and futures trading volume increasing over 4585% to about $856 million, mainly led by short liquidations.