Search results for: tezos

Tezos surges 47% to a 6-month high of $1.22 amid newfound demand for the altcoin.

The slow trend reversal for Tezos began in mid-July when the price refused to go lower than $0.47.

Tezos could soar by 40% to reach the $2.10 level if it closes a daily candle above $1.50.

Tezos crypto sees a dramatic 40% surge, breaking its eight-month resistance. With rising volumes and bullish momentum, is XTZ poised for more gains?

Tezos’s massive pump faced key hurdles which could derail the bullish momentum.

Data from Messari stated that Tezos’ Q2 performance continued to impress, however, with some roadblocks. Despite a satisfactory quarter, XTZ stood loyal to the bears and decided to opt for another route.

The incorporation of the ZK and optimistic rollups have the potential to strengthen Tezos’ growth scheme. But there may be other factors in play.

Tezos announced its next major network protocol proposal weeks after activating the Mumbai Protocol. The Nairobi Protocol will add several new features that can help the network in terms of growth.  

The Mumbai Protocol brings several changes and new features to the Tezos network.  XTZ’s price action was negative, but demand in the derivatives market was high.  Tezos [XTZ] registered a massive boost in its social engagement on 2 April 2023 as the metric exceeded the 26 million mark. The primary reason fueling this surge canContinue reading “Tezos: Assessing the state of XTZ post Mumbai Protocol activation “

The Baking Sheet mentioned the release of Tezos’ new Octez v16.1 network upgrade. However, XTZ’s price was under the bears’ control as it was down by 8% about over the last week.   Tezos [XTZ] posted its latest edition of The Baking Sheet, mentioning major developments in the ecosystem. The highlight of the report was theContinue reading “Tezos releases new update for Mumbai Protocol- Will XTZ benefit?”

XTZ’s price has rallied by 61% since the year began. Daily chart readings, however, revealed that a price correction might be imminent.  According to data from the cryptocurrency price tracking platform CoinMarketcap, Tezos native coin XTZ ranked as one of the best-performing crypto assets in the last 24 hours. Exchanging hands at $1.17, the altcoin’sContinue reading “Tezos [XTZ] holders can expect price drawback this week, here’s why”

Tezos’ Mumbai upgrade entered the proposal phase for voting. XTZ’s metrics remained bullish over the last 30 days. Tezos [XTZ] in its 134th issue of The Baking Sheet revealed several new updates that happened in its ecosystem over the last few days. The most prominent one was the Mumbai proposal entering the phase for voting. Continue reading “Tezos: Is Mumbai upgrade the only reason behind XTZ’s price rise? “