Zetachain is a layer 1 blockchain platform which is made to revolutionize cross-chain interoperability. It was launched in 2021 by Ankur Nandwani who is a former Coinbase team member and a creator of the Basic Attention Token ( BAT ). Zetachain aims to solve one of the most concerning issues of the blockchain ecosystem – seamless communication and asset transfer between different blockchains and networks.
Zetachain enables omnichain smart contracts that can read and write data across different blockchains including Ethereum and Polygon and non-smart contract chains like Dogecoin and Bitcoin. This unique approach allows developers to make decentralized applications (dApps) that can use multiple features from different blockchains which seems like using a single chain only. This system transforms the landscape of decentralized finance ( DeFi ) and blockchain interconnections as well.
What Is ZETA?
ZETA is the native token of the Zetachain network. It has different purposes within the network like:
- ZETA tokens are used for all the transactions within the Zetachain ecosystem.
- It is also used for doing transactions across different blockchains.
- These tokens are used as gas fees for transactions.
- Distributed to validators for securing the network.
- The token holders have a say in the decision-making processes for the development of the network.
- ZETA tokens are used in crypto pools for liquidity and incentivization as well.
How Does Zetachain Work?
Zetachain is made on the Cosmos SDK and also uses the Tendermint consensus engine, working on a proof of stake ( PoS ) algorithm. Here are some key innovations of this platform:
- Omnichain contracts: Smart contracts can interact with different blockchains, enabling seamless data exchanges and cross-chain transactions.
- Connected nodes: There are special nodes that monitor cross-chain communications and transactions among different blockchains enhancing security.
- ZetaEVM: An Ethereum-compatible engine is used that powers the omni-smart contracts and allows developers to deploy contracts.
- ZRC-20: An extension of ERC-20 called ZRC-20 enables smart functionality of assets across different blockchains.
Tokenomics of Zetachain ( ZETA )
Here are the tokenomics of Zetachain:
- Initial supply of ZETA: 2.1 billion ZETA tokens
- Total supply: 2.01 Billion
- Minable tokens in BTC staking pool: 5,250,000 ZETA
- Minimum staking per person: None
- User growth pool: 10%
- Ecosystem growth fund: 12%
- Validator incentives: 10%
- Liquidity incentive: 5.5%
- Protocol treasury: 24%
- Core contributors, advisors: 2.5% and 16%
Price Prediction Of Zetachain ( ZETA ) 2024-2030
Here are the price predictions for Zetachain ( ZETA ). However, the prices mentioned below are assumptions based on market analysis, market conditions and price fluctuations. The cryptocurrency market is highly volatile so the prices can change anytime. Do not make an investment decision based on these price predictions, do your research first.
Year | Average price | Potential low | Potential High |
2024 | $0.53 | $0.41 | $0.57 |
2025 | $0.52 | $0.49 | $0.56 |
2026 | $0.59 | $0.52 | $0.67 |
2027 | $0.66 | $0.55 | $0.78 |
2028 | $0.73 | $0.58 | $0.90 |
2029 | $0.79 | $0.61 | $1.03 |
2030 | $0.85 | $0.63 | $1.13 |
Price Prediction For 2025
- In 2025, the prices of Zetachain will likely influenced by different factors. There might be the launch of Zetachain Mainnet and additional partnerships with other blockchains. The prices might be between $0.25 to $0.56 with an average of $0.49.
Price Prediction For 2026-2030
- In 2026-2030 zetachain might play a very important role in blockchain interoperability. The prices will be seen on the rise as we move ahead.
How To Buy Zetachain (ZETA )?
If you are interested in buying Zetachain ( ZETA ) then follow these steps:
- Search and find a cryptocurrency exchange platform. As of 2024, ZETA tokens are available on different platforms. Research about them and find the one that suits your requirements like fees, user interface and more.
- Sign up and create an account on the exchange platform and provide the necessary information along with completing verification processes like KYC.
- Then, once your exchange account is set up add funds to it. Most exchanges allow you to buy ZETA tokens with fiat currency or other cryptocurrencies. Complete all the verification steps you need for this step.
- Once your account is funded, navigate the ZETA trading pair and then use your fiat currency to buy ZETA coins.
- After buying the tokens, transfer them to your wallets. You can either store them in a Zetacoin wallet or a hardware wallet.
Where To Buy Zeta Tokens?
There are multiple exchange platforms through which you can buy ZETA tokens:
- OK
- Bitget
- Gate.io
- Bybit
- MEXC
- BingX
- CoinEx
- Kucoin
- HTX
- Bitmart
Is Zetachain A Good Investment Option?
Zeta’s interoperability and Omnichain mechanisms make it a very interesting investment opportunity. However, do your research before investing in zetachain. Do not fully depend on the prices above take your time and make a proper investment plan.