Tezos

XTZ Price

What Is Tezos (XTZ)?

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community. 

Who Are the Founders of Tezos?
Tezos was conceived by Arthur and Kathleen Breitman in a 2014 white paper under the pseudonym L.M. Goodman in a nod to Satoshi Nakamoto, referencing a journalist who had misidentified the creator of Bitcoin.

In a previous paper, the Breitmans had argued that Bitcoin's biggest shortcomings were the lack of a governance process that invited contributions from its community of users, cost and centralization issues raised by its proof-of-work system, the limited expressiveness of its programming language which didn’t allow for smart contracts, and security 

Where can you buy Tezos?

XTZ tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Tezos is Binance, where the most active trading pair XTZ/USDT has a trading volume of $1,587,954.03 in the last 24 hours. Other popular options include Kraken and WEEX.

What is the daily trading volume of Tezos (XTZ)?

The trading volume of Tezos (XTZ) is $10,175,440.64 in the last 24 hours, representing a 57.70% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Tezos (XTZ)?

Tezos (XTZ) reached an all-time high of $9.12 and an all-time low of $0.1918. It’s now trading -96.40% below that peak and 70.70% above its lowest price.

What is the market cap of Tezos (XTZ)?

Market capitalization of Tezos (XTZ) is $359,417,125 and is ranked #133 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of XTZ tokens (1.1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Tezos (XTZ)?

The fully diluted valuation (FDV) of Tezos (XTZ) is $365,962,232. This is a statistical representation of the maximum market cap, assuming total number of 1.1 Billion ETH tokens are in circulation today.

How does the price performance of Tezos compare against its peers?

With a price increase of 19.40% in the last 7 days, Tezos (XTZ) is outperforming the global cryptocurrency market which is up 9.70%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.70%.