Zilliqa: MEXC Completes ZIL EVM Migration
Zilliqa ZIL deposits reopen on MEXC September 8 at 10:00 UTC after EVM migration, legacy support ends as 4h chart shows bearish EMA confluence.
SourceAnalysis
Zilliqa confirmed MEXC finished the ZIL token migration to Zilliqa EVM, with deposits and withdrawals resuming 8 September at 10:00 UTC and legacy ZIL deposits permanently disabled.
The move follows six months of exchange pauses and aligns with Zilliqa’s phased rollout that began earlier this year, positioning the network for full EVM compatibility across remaining platforms by mid-September.
On the 4h chart, ZIL trades inside the Bollinger Bands with price pinned to the lower support at $0.0 while both EMA50 and EMA200 sit at $0.0, forming a concrete resistance ceiling in the ongoing bearish structure; the MACD death cross at -0.0 reinforces downside pressure even as RSI(14) at 41.24 holds neutral territory, suggesting any post-migration bounce may stall before testing the upper band resistance at $0.01.
Zilliqa
@zilliqaThe official account for Zilliqa, a high-throughput blockchain platform designed to scale through sharding. Features updates on network upgrades, ecosystem project launches, developer tools, and partnerships advancing the adoption of its secure, scalable smart contract infrastructure.