NIL Phase 2 upgrade significantly enhances NIL's use cases and long-term value expectations through the introduction of a token burn point system and simplified developer onboarding, receiving positive market feedback. Short-term trading volume and price have both surged. The current price fluctuates around 0.0416 USDT, with 0.047 USDT as the key resistance and the 0.035–0.038 USDT zone as the main support area. NIL remains highly elastic, benefiting from the overall improved risk appetite in the bitcoin market, but caution is advised regarding potential pullbacks in major coins that may trigger synchronized declines. A medium-term hold-and-watch approach is advised, focusing on breakouts with increased volume, while in the short term, a 'scale-in, scale-out, and dynamic stop-loss' strategy is recommended to manage range fluctuations.

The Phase 2 upgrade launched by Nillion consolidates the developer portal into a single entry point and fully introduces a point system based on NIL token burning, replacing the previous subscription model. This significantly enhances the token's application scenarios and economic incentives. After the upgrade, access to the nilDB and nilCC modules is granted through NIL burning, while the nilAI module also supports Stripe payments, making user integration more convenient. From the daily chart perspective, trading volume surged on the announcement day (April 16-17), spiking from about 10 million to 56 million, and the price quickly climbed from 0.0358 USDT to 0.0416 USDT, confirming market recognition of improved long-term value.

Privacy computing network Nillion has launched its Phase 2 upgrade, featuring a unified developer portal that integrates nilDB, nilCC, and nilAI modules. The platform shifts from a subscription model to a token-based points system using the NIL token. Since Phase 1, Nillion’s Blind Computer has gained over 112,000 users and processed 641 million documents. The upgrade aims to simplify access, with nilDB and nilCC accessed via NIL token burns and nilAI supporting Stripe payments for faster onboarding.

Nillion’s Phase 2 upgrade goes live, launching a unified developer portal and introducing a points-based access system

Recently, bitcoin has continuously broken four-week highs and briefly touched the key volatility trigger at $75,000, elevating overall risk appetite in the crypto market. As major assets gain upward momentum, NIL has also seen increased volume and a synchronized price surge, with bulls expanding their positions in anticipation of high returns. Despite improved long-term fundamentals, NIL may face short-term corrections following bitcoin pullbacks or heightened volatility, with increased mood swings in market sentiment.

Bitcoin has surpassed a four-week high, rising above $74,000. Analysts identify $75,000 as a critical "volatility release point," where derivative market negative gamma effects may amplify price fluctuations. This level coincides with Bitcoin's 100-day moving average, a key resistance in January. Breaking $75,000 could accelerate an uptrend, while a pullback may increase downward pressure. The $80,000–$80,600 range is a positive gamma zone with lower volatility, and the 200-day moving average at $87,519 serves as a long-term reference.

Analysis: Bitcoin breaks four-week high, key price range may intensify market volatility

From a daily technical standpoint, NIL is currently priced near 0.0416 USDT, with 0.047 USDT marking short-term key resistance, and the 0.035–0.038 USDT range acting as major support. Following the volume peaks on April 6 and 16, the price has entered a consolidation phase after a rapid run-up. Close attention should be paid to whether resistance can be effectively broken if volume increases further—otherwise, there is risk of retesting the support zone. Short-term traders may consider exiting near the resistance zone and accumulating near the support platform, with dynamic risk controls at the core of trading strategies.

Nillion

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Nillion Price: NIL Live Price Today | NIL Market Cap & Chart Analysis | Bybit-eu

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NIL price today is 0.04, with a live price change of 9.46 in the last 24 hours. Convert, buy, sell and trade NIL on Bybit-eu.

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