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It appears that a technical glitch has caused a 50% drop in Zilliqa on-chain transactions. It appears that the issue is related to a fault in the ZIL token when it is transferred from smart contracts. The issue occurs when the underlying blockchain smart contract attempts to transfer a certain amount of ZIL tokens from one address to another, and the from address does not have enough ZIL tokens. The error results in an unexpected amount of ZIL tokens being transferred, instead of the preset amount. The Zilliqa team is actively working on a solution to this issue and encourages miners to be patient.