Layer -1 blockchain Zigchen developed by the social investment platform Zignel has announced that its testnet is now live.
The Testnet will allow developers to detect, construct and tested decentralized finance and real -world asset torrential solutions with the aim of creating funds and access to democratization, L1 said.
The price of Zigchain (ZIG) tokens increased after the announcement. Data from crypto.news showed that Zig was priced at more than 11% at the time of writing, which was getting hover near $ 0.11. The token first reached a high level of $ 0.17 in December 2024, a rally fuel by a large -scale buyback and burn program of the platform.
Recently, zigchain revealed Its 44th burn event permanently removed 43,771,804 zig tokens from circulation.
According to Zignaly, cosmos enables the zigchain built with SDK, to take advantage of features such as token factory and a decentralized exchange
The pre -asset provides support for construction while the DEX feature allows for liquidity operation, adapted to these scalability. Testnet also supports interoperability through compatibility with inter-blockchen communication protocol.
Zigchain will apply a phased approach to Testnet, introducing new features and capabilities over time. The objective of this approach is to provide extended functionality and integration to developers using with Defee and RWA solutions.
Testnet blockchain security platform goes on live days after SCV Ectuity Announced He had completed the audit of the pre-Testnet blockchain of Zigchain. The SCV said the successful audit meant that the public testnet of COSMOS-SDK Build L1 was not far away.
