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Tezos price held quite well on Wednesday as cryptocurrencies moved sideways. The XTZ token rose to a high of $1.10, its highest point since April 19th. It has jumped by more than 78% from the lowest point in 2023, giving it a market cap of over $1 billion.
Tezos is an open-source platform of assets and applications that can evolve by upgrading itself. It is a self-amending crypto ledger that can expanded without getting hard forked.
Story Highlights The current value of Tezos is XTZ price could soar as high as $1.73 by the year 2024. Tezos price with a potential surge could go as high as $6.53 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground.
As the bull run in the crypto market gets underway, it would be wise to consider these coins for your portfolio.
Users can access the information stored in the NFC chip by scanning it with the free Arteïa Authentication application, which grants partners access to a private VIP Room webpage.
As the crypto ecosystem continues to evolve, Layer-1 competitors are exploring innovative scaling practices to offer better solutions. Solana, with its parallelization approach, and Tezos, employing enshrined rollups, are among the emerging frontrunners.
Crypto wallet provider Ledger brings to the attention of Tezos (XTZ) holders and users an issue they might face when interacting with Ledger Live, a one-stop shop to buy crypto, hold assets and manage NFTs.
In an optimistic forecast, 21.co, a prominent digital asset management company, has projected that the market capitalization of tokenized real-world assets (RWAs) could reach a staggering $10 trillion by the end of this decade. Even in a more cautious scenario, 21.co anticipates that the market cap of tokenized RWAs will still surge to $3.5 trillion before 2030.
The crypto industry has seen an unparalleled shift in recent years, with various blockchains making significant strides. One that remains distinctly relevant despite its age is Tezos.
Tezos's massive pump faced key hurdles which could derail the bullish momentum.
Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the $27,500 level on Tuesday. Ethereum (CRYPTO: ETH), meanwhile, moved lower, trading below the key $1,600 mark this morning.
Tezos (XTZ) prices increased by more than 7% in early Tuesday trading as the market remained in the red. A few cryptocurrencies, including Tezos, were up as the global crypto market capitalization fell 1% to $1.08 trillion.
The 24-hour trading volume for Tezos' native token XTZ jumped more than seven times its monthly average amid the latest rally.
Maintaining a downtrend motion for most of 2023, the XTZ price action forms a falling channel pattern in the daily chart. Following the early 2023 gains of around 102%, the downtrend crashed the Tezos market value and crushed the dream of a golden crossover.
The Tezos (XTZ) price broke through a 230-day resistance trendline, leading to a 13% increase in a single day.
Staking is gaining traction as a preferred investment avenue for many. Here are the top 10 cryptos to stake in 2023.
Story Highlights The current value of Tezos is XTZ price could soar as high as $1.28 by the year 2023. Tezos price with a potential surge could go as high as $6.53 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground.
The decentralisied finance (DeFi) and Web3 ecosystems have a new adoption channel following the integration of Tezos (XTZ) with enterprise-ready crypto custody platform Fireblocks. The market has reacted positively to the news, pushing the price of XTZ up by 3% on Friday morning. XTZ/USD currently trades around $0.67.
A Paris art museum announced an NFT collection dedicated to Van Gogh to launch alongside the upcoming exhibition of the artist's artwork
Fusing art and technology, the Musée d'Orsay, in partnership with the Tezos Foundation, is launching digital NFT souvenirs for its upcoming exhibition, “Van Gogh in Auvers-sur-Oise: The Final Months.”
Fireblocks, a leading platform in crypto custody and settlement services for financial institutions, announced on Thursday its full support for the Tezos network. This integration allows users of the Fireblocks Wallet to securely store Tezos-based assets.
The expansion follows Tezos' “Mumbai” upgrade earlier this year.
Tezos (XTZ) price may target its all-time lows around $0.35 soon if it fails to break above the $0.72 resistance level.
Tezos (CRYPTO: XTZ) is a smart contract platform that doesn't tend to get as much attention as the other main layer 1 chains like Ethereum (CRYPTO: ETH), Cardano (CRYPTO: ADA), Solana (CRYPTO: SOL), etc. This is despite it having beaten most of the layer 1 chains to both proof-of-stake and on-chain governance, while also being competitive in terms of throughput and fees.
