The Zilliqa team announced in a blog post on Thursday that the next network upgrade will bring several improvements to EVM compatibility. This is part of Zilliqa's efforts to further expand Ethereum's smart contract functionality. However, I have doubts that these developments will have a positive impact on the market.
The cryptocurrency market has been volatile lately, and such technical improvements generally do not have a significant impact on short-term market movements. Moreover, the increasing trend of regulators around the world to crack down on cryptocurrencies and blockchain technology may limit growth in this sector.
As a result, these improvements to Zilliqa's EVM compatibility may be significant from a technical perspective, but given overall market conditions and regulatory pressures, these improvements may not have a significant impact on the market.