cryptocurrency widget, price, heatmap
arrow
Burger icon
cryptocurrency widget, price, heatmap
Tezos price, market cap on Coin360 heatmap

Tezos(XTZ)

Arrow icon
Add to Watchlist
$0.815643
(-1.06%)
0.00001242 BTC
Market Cap (Rank#96)
$803,703,211
12,242 BTC
Vol 24h
$9,030,973
137.562 BTC
Circulating Supply
985,361,716.76
Max Supply
?
70 days agonulltx
BlockDAG Promises 20,000x ROI Amid Tezos & CRO Price Prediction
Experts Back BlockDAG to Revolutionise the Market with up to 20,000x ROI Amid Tezos NFTs & CRO Price Prediction As investors hunt for the best crypto for 2024, BlockDAG emerges with compelling potential, marked by its recent milestone of entering Batch 6 at $0.0035. With earlier investors securing over 100x […]
82 days agonulltx
BlockDAG’s Remarkable 5000x ROI Journey: Navigating the Growth of Bitget Token and Tezos’ Market Resilience
In the growing crypto world, the Bitget token, Tezos, and BlockDAG are making headlines for their unique contributions and potential. The Bitget token introduces an innovative way for enthusiasts to bolster their portfolios through airdrops, while Tezos stands out for its impressive market resilience. Meanwhile, BlockDAG’s potential for a 5000x […]
101 day agocoindesk
Crypto Payments Specialist Baanx Raises $20M Funding Round
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
163 days agonulltx
Investor Frenzy: Pullix (PLX) Rivals Attention With Tezos (XTZ) and Compound (COMP) in Bullish Markets
In the DeFi market, Pullix (PLX) emerges as a contender battling for investor attention alongside Tezos (XTZ) and Compound (COMP). As bullish sentiments sweep the market, these altcoins spark investor frenzy, with PLX standing out. Some experts even foresee this Stage 5 presale star becoming the next 100x token in […]
174 days agocryptodaily
The Next Airbnb on Blockchain: Everlodge (ELDG) Gains Momentum, as Cardano (ADA) and Tezos (XTZ) Development Lags
Everlodge (ELDG), touted as the next Airbnb on Blockchain, is gaining significant traction even as development on Cardano (ADA) and Tezos (XTZ) platforms seems to be stalling.
188 days agocryptodaily
Bitcoin ETF News Sends BTC To Yearly Highs; Tezos (XTZ) And Pullix (PLX) Prepare For 1,800% Gains
Bitcoin, the flagship cryptocurrency, has surged to a new 2023 high driven by news of its long-awaited spot Bitcoin ETF. Meanwhile,
212 days agocoindesk
National Hockey League Comes Around to Digital Collectibles, Using Sweet Platform
NHL Breakaway launches with Sweet, a platform for brands to create NFT collectibles under the Ethereum ERC-721 standard on Polygon and the Ethereum mainnet, as well as the Tezos NFT standard.
253 days agocryptopotato
Investors Look at Everlodge Amid Important Market Developments
Three tokens make the headline as bearish sentiment continues to sweep across the cryptocurrency markets. Tron has won an extension in its SEC case, while the Tezos price continues to drop. As a result, some investors are turning to Everlodge in hopes of a recovery. Summary: Tron has secured an extension in the ongoing legal […]
257 days agocryptodaily
Tezos Foundation backed Tezos Domains announces Gate.io listing with 500,000 $TED competition.
Gate.io has just announced a listing of Tezos Domains’ token (TED), shortly after announcing an ‘startup project free airdrop program’, with TED token meant to go live on the centralised exchange on 10th October 2023.
269 days agocryptodaily
From Legacy to Lively: Cardano (ADA) and Tezos (XTZ) Investors Warm Up to Pomerdoge (POMD) 's P2E Potential
The crypto world is abuzz as investors from legacy coins like Cardano (ADA) and Tezos (XTZ) are beginning to recognize the potential of upcoming projects like Pomerdoge (POMD)
282 days agocointelegraph
Bitcoin range trades as volatility subsides, will TON, LINK, MKR and XTZ follow?
Bitcoin’s failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up.
284 days agocointelegraph
Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
Bitcoin’s failed breakout to the upside shows that the range-bound action could continue for some time but that may not hinder the bullish possibilities in TON, LINK, MKR, and XTZ.
305 days agocryptodaily
Affyn Backs Singapore Government Initiative During F1 Singapore 
Singapore-based Web 3 gaming firm Affyn is set to participate in the annual Grand Prix Season Singapore (GPSS), a 10-day event supported by the Singapore Tourism Board that culminates during the Formula 1 Singapore Grand Prix weekend. According to the team statement, Affyn entered a strategic partnership with GPSS to present a metaverse event to the fans of the Grand Prix. "We are proud to partner with GPSS as it underlines Affyn’s intent to bolster Government initiatives and bring Web 3.0 development to the next level,” said Affyn CEO Lucaz Lee. “As the only official Web 3.0 company partnering with GPSS, an event supported by STB, it is an incredible opportunity to drive awareness of developments in the industry.” The event, titled ‘Web 3.0 | Art Meets Metaverse’, is set to run on Saturday, 16th September 2023, at Suntec City’s Synthesis from 1 PM to 4 PM (local time). The event will include NFT exhibitions from artists around Singapore, a celebrity-hosted panel talk show and experiential zones that allow guests to delve into the metaverse. With Singapore rising as a crypto hub in the East, the involvement of crypto in such a global sporting event blends well in maintaining its verve as the leading crypto hub in Asia. The event aims to educate non-crypto fans on the developments of the metaverse in the art world, dive into discussions on the state of the metaverse industry, interact during the exhibition and learn from experts via their talk shows. In addition, attendees can interact and share with other enthusiasts and dive into how blockchain and the metaverse affect art in the real world today. In other news, Affyn-based gaming title Nexus World Land City will be launching its third wave of land parcels starting August 23. Players will have the chance to claim their land parcels in eight cities, including Amsterdam, Barcelona, Dubai, Kuala Lumpur, Madrid, Manilla, Sydney, and Zurich. Crypto companies’ relationship with F1 extends Despite the recent departures of FTX and Tezos, who sponsored the Mercedes-AMG Petronas F1 Team and Scuderia AlphaTauri, respectively, crypto partnerships with F1 teams have grown, as evidenced by Affyn’s Singapore GP event. Earlier this year, British F1 team Williams Racing entered a strategic partnership with Kraken Exchange to launch a competition to see NFTs showcased around this year's Singapore GP. Other crypto partners in F1 include Bybit, sponsoring Redbull Racing Team in a $150 million deal and Stake.com, an Alfa Romeo Formula One Team sponsor.
305 days agocryptodaily
Affyn Backs Singapore Government Initiative During F1 Singapore 
Singapore-based Web 3 gaming firm Affyn is set to participate in the annual Grand Prix Season Singapore (GPSS), a 10-day event supported by the Singapore Tourism Board that culminates during the Formula 1 Singapore Grand Prix weekend. According to the team statement, Affyn entered a strategic partnership with GPSS to present a metaverse event to the fans of the Grand Prix. "We are proud to partner with GPSS as it underlines Affyn’s intent to bolster Government initiatives and bring Web 3.0 development to the next level,” said Affyn CEO Lucaz Lee. “As the only official Web 3.0 company partnering with GPSS, an event supported by STB, it is an incredible opportunity to drive awareness of developments in the industry.” The event, titled ‘Web 3.0 | Art Meets Metaverse’, is set to run on Saturday, 16th September 2023, at Suntec City’s Synthesis from 1 PM to 4 PM (local time). The event will include NFT exhibitions from artists around Singapore, a celebrity-hosted panel talk show and experiential zones that allow guests to delve into the metaverse. With Singapore rising as a crypto hub in the East, the involvement of crypto in such a global sporting event blends well in maintaining its verve as the leading crypto hub in Asia. The event aims to educate non-crypto fans on the developments of the metaverse in the art world, dive into discussions on the state of the metaverse industry, interact during the exhibition and learn from experts via their talk shows. In addition, attendees can interact and share with other enthusiasts and dive into how blockchain and the metaverse affect art in the real world today. In other news, Affyn-based gaming title Nexus World Land City will be launching its third wave of land parcels starting August 23. Players will have the chance to claim their land parcels in eight cities, including Amsterdam, Barcelona, Dubai, Kuala Lumpur, Madrid, Manilla, Sydney, and Zurich. Crypto companies’ relationship with F1 extends Despite the recent departures of FTX and Tezos, who sponsored the Mercedes-AMG Petronas F1 Team and Scuderia AlphaTauri, respectively, crypto partnerships with F1 teams have grown, as evidenced by Affyn’s Singapore GP event. Earlier this year, British F1 team Williams Racing entered a strategic partnership with Kraken Exchange to launch a competition to see NFTs showcased around this year's Singapore GP. Other crypto partners in F1 include Bybit, sponsoring Redbull Racing Team in a $150 million deal and Stake.com, an Alfa Romeo Formula One Team sponsor.
323 days agocointelegraph
Judge suggests IRS issued $4K refund over tax lawsuit based on quality of lawyers: Report
A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS.
353 days agocoindesk
Tezos Set to Become 8 Times Faster After 'Nairobi' Upgrade
‘Nairobi’ is the blockchain’s fourteenth upgrade.
353 days agocryptodaily
Tezos Protocol Launches Nairobi Upgrade $XTZ
Tezos, the innovative self-amending proof-of-stake blockchain and strong competitor of Ethereum, recently announced the implementation of its 14th network upgrade, dubbed Nairobi. The upgrade comes with several major enhancements intended to improve user experience and network performance. Despite these advancements, $XTZ, the blockchain's native token, saw no significant impact on its price. The Nairobi Upgrade: Boosting Transaction Throughput and Streamlining User Experience Collaboratively created by numerous teams including Nomadic Labs, Marigold, TriliTech, Oxhead Alpha, Tarides, DaiLambda, and Functori, the Nairobi upgrade introduces a range of mainnet improvements. A key highlight of these improvements is the increased transaction throughput which allows for faster processing of transactions and lower transaction fees. Following the upgrade, Tezos' throughput has skyrocketed by eight times, a boost applicable to various operations including transactions, smart contract calls, and Smart Rollup maintenance operations. Notably, with the Nairobi update, Tezos now offers support for Smart Rollup functions. The blockchain platform has introduced new functions and internal Layer-2 messages, enabling Tezos to seamlessly synchronize rollup kernels with future protocol upgrades. Additionally, for better understanding and communication, Tezos has improved its terminology. Enhancements for faster consensus have also been made, particularly through the increased speed of pre-attestation propagation. Tezos Ecosystem DAO: Streamlining On-Chain Funds Deployment The Nairobi upgrade coincided with the launch of the Tezos Ecosystem DAO, aimed at improving on-chain funds deployment and treasury management for vital initiatives within the Tezos ecosystem. The decentralized autonomous organization (DAO) enables community members to submit funding requests for Tezos-related initiatives which are then subjected to curation, voting, and the distribution of XTZ. Ensuring transparency and accountability, all DAO activities will be publicly visible. Initially, the DAO will be governed by a three-out-of-five multi-sig setup, with organizations such as Trilitech, the Tezos Foundation, and the Tezos India Foundation holding the keys. Despite these major advancements, the XTZ prices remain under pressure. As of June 26, XTZ is trading at $0.80, up 13% from the lows of June 2023. The current bearish trend, down 45% from February highs, persists even as the overall cryptocurrency market appears to be bottoming up. Looking Ahead The Nairobi upgrade marks a significant milestone in Tezos' journey, highlighting the blockchain platform's commitment to continuous improvement and innovation. By boosting transaction throughput, improving terminology, and launching the Tezos Ecosystem DAO, Tezos has not only improved its network's performance but also streamlined user experience. Despite the current XTZ price trends, these advancements pave the way for a promising future for the Tezos network. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
356 days agonulltx
KuCoin Token (KCS) And Tezos (XTZ) Bullish Sparklo (SPRK) Value Surges
It has been an impressive start for Sparklo in the crypto space with many investors lining up to be part of the revolutionary project. Sparklo, which is a novel cryptocurrency, is set to redefine the crypto use cases by linking cryptocurrency to the precious metal industry trading. Meanwhile, KuCoin Token (KCS) and Tezos (XTZ) have […]
367 days agonulltx
Tezos (XTZ) Is on the Rise, Algorand (ALGO) Falls as Sparklo (SPRK) Reinvents the Wheel of Crypto Trading
The fluctuating nature of the crypto market has left many cryptocurrencies in the trenches as investors mull their next line of action. While this is going on, Sparklo has reinvented the wheel of crypto trading by aligning the precious metal industry with the crypto market. Having seen the features of Sparklo, Investors are joining the […]
379 days agocryptodaily
LBank Labs Invests in Sparkle Ventures to Ignite Innovation in Web3
Road Town, British Virgin Islands, June 1st, 2023, ChainwireLBank Labs, a leading blockchain venture fund, is pleased to announce an investment in Sparkle Ventures, a prominent fund manager based in Luxembourg. The strategic investment aims to foster innovation and support the growth of highly-scalable Web3 infrastructures on a global scale.LBank Labs, known for its protocol and exchange-agnostic approach, is committed to supporting projects through direct funding, acceleration, incubation, and extensive networking. With $100 million in assets under management (AUM), the venture capitalist arm of global cryptocurrency exchange LBank has a strong track record of nurturing startups and helping them thrive. Besides direct investments, the team aims to build a strong fund network via investing in global top funds to support portfolios from the network in both financial and resource value-add. Czhang Lin, IC board member of Labs, is also personally LP to NGC, Blockchain Founders Fund and Lemniscap, while Eric He, Co-Founder of LBank is LP to SevenX Ventures fund I, II and FOF, and IOSG Ventures.Sparkle Ventures, acting as the strategic fund manager in conjunction with Animoca Brands, has gained recognition for its investments in cutting-edge technologies, supporting early-stage Web3 infrastructure enablers globally. Among the General Partners of Sparkle Ventures are industry veterans like Sebastien Borget, Co-Founder and COO of The Sandbox, Yat Siu, Founder and Chairman of Animoca Brands, Julien Pageaud, former head of strategic investments and tech lead at Nomura Digital, and Thibaut Chessé, former head of tech adoption for the Tezos blockchain protocol.Notable projects backed by Sparkle Ventures include institutional-grade DeFi SaaS platform Kiln.fi, data analytics software AbsoluteLabs.io, and ZKP systems Polyhedra.network and OAS.gg. Their co-investors include market giants such as Accel, BinanceLabs, Coinbase, Consensys, Matrix Partners, Polychain, and Sequoia.By investing in Sparkle Ventures, LBank Labs aims to leverage their combined expertise, networks, and resources to drive innovation in NFT, gaming and metaverse infra to advance the creation of highly scalable businesses and technologies that will shape the future of Web3."We are thrilled to invest in Sparkle Ventures to support our shared mission to accelerate the growth of transformative technologies in the Web3 space," said Jiayu Gao, Head of FOF investment at LBank Labs. "We believe this investment will empower entrepreneurs and developers to bring their ideas to life, pushing the boundaries of what is possible in the realm of Web3,” she added.With $100 million assets under management, LBank Labs brings extensive financial resources and a vast global network to Sparke Ventures. In turn, Sparkle Ventures will reciprocate by contributing significant value to LBank Labs, leveraging their expertise, strategic insights, and innovative approach to fuel mutual growth and success.The venture fund also aims to forge its commitment by building a comprehensive network of Fund of Funds, designed to enhance the performance and diversification of its portfolios while emphasizing the inherent value of its ecosystem network. Labs’ presence in seven global regions, including San Francisco, Dubai, and Shanghai, positions them as a powerhouse for fostering collaboration and innovation across borders.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now:lbank.comCommunity & Social Media:TelegramlTwitterlFacebooklLinkedInlInstagramlYouTubeContactGlobal PR DirectorJeremy Van der [email protected]
386 days agocryptodaily
Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network
Renton, United States, May 25th, 2023, ChainwireStably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. This groundbreaking development marks a critical milestone in the exponentially growing Bitcoin ordinals ecosystem that is now reaching half a billion dollars in total market capitalization in less than six months.#USD is a BRC20 standard stablecoin created via the Bitcoin ordinals protocol which was introduced in January 2023 after the recent Taproot upgrade. BRC20 tokens use a technique called ordinal inscriptions to attach data to individual "satoshis," the smallest unit of a Bitcoin. These satoshis can then represent anything from digital art ownership to “meme coins” and even stablecoins.According to Stably, every #USD token is backed 1-to-1 with USD in a collateral account managed by a US-regulated custodian for the benefit of KYC/AML-verified token holders. Monthly reports for the account are also conducted by a third-party stablecoin attestor to ensure #USD tokens are always fully collateralized with USD."When I met Domo, the creator of the BRC20 standard, at the Bitcoin 2023 conference in Miami, I told him about our upcoming plans for #USD," said Kory Hoang, Stably’s CEO and Co-Founder. “He thought it was great and funny how we are creating a stablecoin on Bitcoin to enable Bitcoin trading on-chain… With a stablecoin built on Bitcoin. I’m still chuckling about it to this day, actually. In just one week after that, however, we made it happen!” The integration of BRC20 #USD into the Bitcoin network is part of Stably’s mission to power the next billion Web3 users with a seamless fiat-to-crypto and stablecoin onramp to all popular and emerging blockchain networks. The company’s upcoming collaborations with prominent ordinals and BRC20 projects, including UniSat–the world’s largest decentralized wallet/marketplace for ordinals–and Ordzaar–Asia’s first decentralized ordinals marketplace project, reflect Stably's aspiration to drive global innovation and adoption toward decentralized finance on the Bitcoin network, or “BitFi.” Additionally, Stably’s engineers are now exploring the new ORC20 standard for Bitcoin ordinals, which could significantly enhance the token properties of #USD once implemented.#USD can be issued/redeemed with Fedwire, SWIFT, USDC, and USDT by KYC-verified users across 200+ countries/regions currently, including up to 44 US states. Stably states that it is employing a manual process of issuance/redemption for #USD’s initial launch but plans to release support for automatic issuance/redemption through Stably Ramp, the company's plug-and-play fiat gateway widget, during Q3 2023. By then, users of #USD will be able to on/off-ramp via more traditional payment methods like ACH, instant ACH, and credit/debit cards, in addition to bank wires.Founded in 2018, the 20+ team member Seattle FinTech is backed by leading institutional and angel investors in the crypto space, such as Morgan Creek Capital, BEENEXT, 500 Startups, Hard Yaka, CREAM Labs, Sunny Lu of VeChain, and Paul Stahura of Donuts, Inc. The company has raised over $7.5-million in total funding to-date, $5-million of which was collected during its last Pre-Series A round in December 2021. Stably has also expanded its fiat on/off-ramp and stablecoin natively to more than ten emerging networks, including Arbitrum, XRP Ledger, Stellar, Tezos, VeChainThor, Harmony, Polymesh, Coreum, ICON, and Chia Network.About StablyStably is a Web3 payment infrastructure provider and FinCEN-registered MSB from Seattle. The company specializes in providing stablecoins and fiat crypto on and off-ramps to users of Web3 applications. Stably’s mission is to power this decade’s next billion Web3 users with regulatory-compliant payment infrastructure across both developed and emerging blockchain ecosystems.Visit stably.io to learn more.Risk Disclaimer: Digital assets involve significant risks, including (but not limited to) market volatility, cybercrime, regulatory changes, and technological challenges. Past performance is not indicative of future results. Digital assets are not insured by any government agency and holding digital assets could result in loss of value and even principal. Bridged or wrapped digital assets (e.g. WBTC) involve additional risks, such as technical challenges, higher fees, security vulnerabilities, and reliance on third-party custodians. Please conduct your own thorough research and understand potential risks before purchasing/holding digital assets. Nothing herein shall be considered legal or financial advice. For more information about the risks and considerations when using our services, please visit: stably.io/terms-of-service.ContactStably Head of MarketingMatthew [email protected]
394 days agonulltx
While Cosmos (ATOM) and Tezos (XTZ) Fail to Deliver, InQubeta (QUBE) Presale Shatters Records
The cryptocurrency market is currently experiencing unexpected shifts, with many solid tokens like Cosmos (ATOM) and Tezos (XTZ) falling short of delivering bullish pressure. While many investors temporarily criticize them as declining tokens, the cryptocurrency challenger InQubeta (QUBE) fills the void. InQubeta (QUBE) debuts with a milestone presale set to rock the cryptoverse in no […]
396 days agocryptodaily
Bakkt Axes 25 DeFi and NFT Tokens from Apex Crypto
Digital asset firm Bakkt has delisted 25 out of the 36 tokens on its recently acquired Apex Crypto platform. The decision was presumably made in compliance with regulatory guidance, and the delisted tokens mainly belong to popular decentralized finance (DeFi) and nonfungible token (NFT) ecosystems. The announcement comes after the digital asset firm's finalized acquisition of Apex Crypto in April, with negotiations that began in November 2022. Another influence to the decision is a perceived shift on Bakkt's overall strategy from crypto retail towards business-to-business (B2B) services. A Bakkt spokesperson claims that the delisting decision was made in the interest of consumer and client protection, based on the firm's regular, internal review of listed coins. Among the tokens delisted are Aave (AAVE), ApeCoin (APE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), GALA (GALA), The Graph (GRT), Internet Computer (ICP), Loopring (LRC), Maker DAO (MKR), Republic (REN), Stellar (XLM), Sushiswap (SUSHI), Synthetix (SNX), Tezos (XTZ), Uniswap (UNI), and Yearn Finance (YFI). Bakkt's acquisition of Apex Crypto, an unprofitable platform, cost the company $55 million in cash and $145 million in stock. Apex Crypto is a "turnkey" service that provides execution, clearing, custody, cost basis, and tax services to 5 million customers through 30 financial technology partners. Bakkt secured a broker-dealer license from Bumped Financial earlier in February this year, which it disclosed in a financial statement. The license was part of Bakkt's strategy to expand its presence in the fintech market, catering to a growing clientele. However, Bakkt's focus shifted when it decided to shut down its retail-oriented app in March, concentrating instead on business-to-business (B2B) operations. Bakkt now aims to provide crypto and loyalty solutions to businesses through Software-as-a-Service (SaaS) and API solutions. Intercontinental Exchange, the majority owner of Bakkt, also owns the New York Stock Exchange. Bakkt's stock experienced a 7% decline on May 12, the day of the announcement. However, it is also down by 40% over the last six months, although it is up 3.45% on a year-to-date basis. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
419 days agocointelegraph
Nifty News: Yuga Labs scores court battle win, Mandala Metaverse to drop on Polkadot and more…
A Metaverse/AR story game is coming to Polkadot, Square Enix has made another Web3 gaming play, and an NFT esports cricket game has launched on Tezos.

About Tezos?

The live price of Tezos (XTZ) today is 0.815643 USD, and with the current circulating supply of Tezos at 985,361,716.76 XTZ, its market capitalization stands at 803,703,211 USD. In the last 24 hours XTZ price has moved -0.033464 USD or -0.04% while 8,841,982 USD worth of XTZ has been traded on various exchanges. The current valuation of XTZ puts it at #96 in cryptocurrency rankings based on market capitalization.

Learn more about the Tezos blockchain network and how it works or follow the price of its native cryptocurrency XTZ and the broader market with our unique COIN360 cryptocurrency heatmap.

Created by the husband-and-wife duo Arthur and Kathleen Breitman, Tezos (XTZ) is an open-source, decentralized blockchain network that facilitates easy creation and deployment of smart contracts and decentralized applications (DApps). 

Unlike its popular peers, Bitcoin and Ethereum, Tezos has a self-amending and a more advanced protocol that undergoes modifications based on an on-chain governance system. This, theoretically, allows Tezos to evolve and improve with time, freely embracing developments in the blockchain space, without facing the risk of a hard fork. 

While the Tezos whitepaper was released in 2014, and its Initial Coin Offering (ICO) — one of the more successful token offerings — took place in 2017, the Tezos mainnet went live much later, in September 2018. 

Commonly referred to as ‘Tez’, XTZ is the native coin of the Tezos blockchain which is used to - pay fees on the network, interact with the DApps running on it, secure Tezos network (via its staking mechanism) and to provide a basic accounting unit for the overall Tezos ecosystem.

XTZ price

XTZ was trading at a little under $3 in early July 2018, a month after the Tezos testnet launch. XTZ price dropped under $2 by the time its mainnet launched and the cryptocurrency ended 2018 trading around $0.5. 

While the price of Tezos surged briefly in May 2019, it continued to trade around $1 for most of 2019, ending the year at around $1.4.

According to our XTZ live price chart, 2020 proved to be a great year for Tezos price in USD terms as it touched a couple of noteworthy highs of almost $4 and $4.5 in the months of February and August, respectively. This was after the Tezos network had undergone multiple on-chain upgrades in the previous year, as well as in 2020, including Athens, Babylon, Carthage and Delphi upgrades. However, by late 2020, XTZ price had retraced to around $1.5, returning to life only a couple of months later, buoyed by a market-wide crypto boom. 

XTZ coin began its next notable ascent around February 2021, breaching the $8 mark in May 2021. It was in the same month that Tezos was announced as the official blockchain partner of Red Bull Racing Honda F1 team. However, a corrective phase followed, with XTZ plummeting down to $2 by late July 2021. Later that year, with the crypto market witnessing yet another bull run, XTZ coin registered its all-time high of $9.17 on Oct. 4, 2021. The coin’s price has since retreated to under $3.5, a range it failed to break by Q2, 2022.

How XTZ works

Tezos employs a variation of the Nakamoto-style Proof-of-Stake consensus algorithm, called Emmy+. It features two main entities:

Bakers: These are network participants responsible for block creation activity on the Tezos network. They must own at least 8,000 XTZ to quality, but the more XTZ coins a baker holds, the higher will be the probability of them getting a chance to bake the next block. Bakers earn 16 XTZ coins for adding each block to the Tezos blockchain.

Endorsers: These network participants are responsible for verifying the blocks created by the Tezos bakers, and normally earn an endorsement award of 2 XTZ per verification.

If an XTZ owner doesn’t have the required 8,000 XTZ coins to qualify for block creation activity, or simply isn’t interested in setting up the expensive computing infrastructure required, they can choose to delegate their Tezos coins to a baker. This ability to delegate is also why the Tezos consensus system, Emmy+, is also referred to as a type of Liquid Proof-of-Stake (LPoS) system.

Notably, bakers also get the right to vote on governance proposals floated for suggested changes to the Tezos blockchain. Any baker that behaves dishonestly stands to lose their deposit as a penalty. This ensures honesty among network participants and enhances its security.

In Q2 2022, Tezos had a throughput of around 200 transactions per second and positioned itself as an energy-efficient blockchain. It has witnessed rapid adoption over the years, with some of the leading brands like Red Bull Racing Honda, Ubisoft, McLaren Racing, Societe Generale and others becoming a part of its ecosystem.

XTZ news, updates and highlights

Just months after its successful ICO, Tezos was embroiled in a lawsuit by some of its investors, who alleged that the offering was an unregistered securities sale. The lawsuit was eventually settled for $25 million in 2020.

In a major Tezos news development, video game publishing giant Ubisoft selected the Tezos blockchain to launch in-game NFTs via the Ubisoft Quartz platform. The move was announced in December 2021 and was followed by a surge in XYZ price, but the gaming community criticized the use of NFTs due to various concerns, including but not limited to their perceived environmental impact.

In more recent XTZ news, it was announced in February 2022 that Tezos' year-on-year transactions and smart contract activities had surged significantly owing to the rising demand for NFTs. As per Coin Metrics’ “State of the Network” report, smart contract transactions on the network had increased to a noteworthy 50,000 per day, compared to less than 10,000 per day a year earlier, in January 2021. 

Frequently asked questions about XTZ

  • Is it possible to mine or stake XTZ?

Though you cannot mine XTZ, it’s possible to stake your XTZ holdings and earn staking rewards in the form of more XTZ coins.

  • Which are some of the best wallets for XTZ?

Some of the crypto wallets recommended by the official Tezos site include Kukai, AirGap, Guarda, Trust Wallet, Galleon Wallet, Tezos CLI, Trezor and Ledger.

  • What can you do with XTZ coins?

You can use your XTZ coins to pay transaction fees on the Tezos network, stake them for staking rewards or use them on DApps deployed on the Tezos blockchain.

  • Which is the best place to buy XTZ?

Most crypto investors and traders buy XTZ on reputed trading platforms like Binance, Coinbase, OKX and others. You can buy XTZ with fiat currencies, or exchange your BTC, XRP, SOL, ADA, MATIC and other coins for XTZ.

Tezos Price0.815643 USD
Market Rank#96
Market Cap803,703,211 USD
24h Volume9,030,973 USD
Circulating Supply985,361,716.76 XTZ
Max SupplyNo data
Yesterday's Market Cap803,146,048 USD
Yesterday's Open / Close0.848724 USD / 0.81526 USD
Yesterday's High / Low0.854853 USD / 0.811411 USD
Yesterday's Change
-0.04% ( 0.033464 USD )
Yesterday's Volume8,841,982 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Website
Explorers
Community
facebook iconreddit icontwitter icon
Source Code
cryptocurrency widget, price, heatmap
v 5.6.18
© 2017 - 2024 COIN360.com. All Rights Reserved.