ZIGChain’s native token, ZIG, has surged nearly 20% since mid-January, marking a 200% gain over the past year, as per the reports shared with Finbold on Tuesday, February 25.
While the overall crypto industry has plunged by 12.4% in the same period, ZIG remained resilient thanks to a series of strategic moves, partnerships, and an expanding network of ZIGChain validators.
The growth of the ZIGChain’s validator network
As mentioned, ZIGChain’s success was largely made possible by a growing network of high-profile validators, most importantly DWF Labs, a leading crypto venture capital firm staking 3,000,000 ZIG tokens to bolster network operations.
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In addition, DWF Labs participated in the ZIGStake program and, together with UDHC Finance and Disrupt.com, backed ZIGChain’s $100-million Ecosystem Fund.
Similarly, PureVPN, a cybersecurity platform with over 2 million users, has joined the network as a validator and strategic growth partner set to enhance ZIGChain’s security and global reach.
ZIGChain’s validator ecosystem
ZIGChain was further boosted by the launch of its testnet, a major step forward in its Layer-1 (L1) blockchain development.
The network’s validator ecosystem is also growing thanks to a number of crypto influencers and institutional backers coming in, most notably Crypto Ed and his team (Crypto TA), who have officially signed on as validators to strengthen network security and promote decentralized governance.
At the same time, Stasher Capital has established ZIGChain’s first community-run validator node, while Amir Saedi, the chief executive officer (CEO) at Stasher, has also committed his own ZIG tokens.
Meanwhile, a partnership with Range, a blockchain security platform, will allow the company to act as a validator and integrate ZIGChain into its blockchain intelligence suite.
Finally, Matt Morgan, an entrepreneur with experience scaling businesses worth over $1 billion, has recently come on board as an official advisor.
Morgan has previously worked on projects such as the World Liberty Financial (WLFI) initiative, a decentralized finance (DeFi) offering linked to President Trump’s private business ventures.
