Introduction to Tezos (XTZ)
Tezos (XTZ) is the native cryptocurrency of the Tezos blockchain, a decentralized platform for asset management and smart contract applications. Launched on October 3, 2017, Tezos pioneered on-chain governance to resolve blockchain upgrade disputes without hard forks. Its unique Liquid Proof-of-Stake (LPoS) mechanism involves over 470 global validators, ensuring robust security.
Key Features:
- Total Supply: 763,306,930 XTZ
- Circulating Supply: 104,853,000 XTZ
- Smart Contract Language: Michelson (formally verified)
- Governance: Token holders vote on protocol upgrades
👉 Explore Tezos’ latest developments
Current XTZ Market Data (Updated Live)
| Metric | Value |
|---|---|
| Price | $0.54552 |
| 24h Volume | $13,030,700 |
| Market Cap | $571,993,000 (Rank #42) |
| 24h Change | -2.97% |
Historical Performance
Price Trends:
- 7 Days: +2.27%
- 30 Days: -8.47%
- ATH (All-Time High): $9.18 (October 2021)
Exchange Listings:
Tezos trades on major platforms like:
- Binance (XTZ/USDT)
- Coinbase (XTZ/USD)
- Kraken (XTZ/EUR)
- OKX (XTZ/USDT)
Why Invest in Tezos?
- Self-Amending Blockchain: Upgrades without forks.
- Energy Efficiency: LPoS consumes less power than PoW.
- Institutional Adoption: Used by France’s Société Générale for digital bonds.
👉 Compare XTZ across exchanges
FAQs About Tezos (XTZ)
1. How does Tezos differ from Ethereum?
Tezos uses on-chain governance and formal verification for smarter contracts, whereas Ethereum relies off-chain decisions.
2. Where can I stake XTZ?
Delegate XTZ to bakers (validators) via wallets like Ledger or Kukai.
3. What’s the inflation rate of XTZ?
~5.5% annually, distributed as staking rewards.
4. Is Tezos a good long-term investment?
Tezos’ focus on governance and security makes it a contender for enterprise adoption.
Conclusion
Tezos combines innovative governance with high security, appealing to developers and investors. Monitor live price charts and stake XTZ for passive income opportunities.