Tezos Price: Real-Time Graph and all about the XTZ token

Gianluca Lombardi, 5 min read
Last Updated: 16 March, 2023

Tezos
0.936443
0.89%

Welcome to the page for keeping pace with Tezos crypto prices! With the digital currency ecosystem advancing at breakneck speed, monitoring price shifts is essential. This platform offers real-time Tezos price updates, interactive graphs, and a thorough history of Tezos prices. Crafted with precision, our platform delivers the most accurate, current data in the ever-evolving world of crypto prices, assisting your investment decisions. Let’s journey together through the fascinating cosmos of Tezos and the expansive cryptocurrency market.

Tezos (XTZ) is a decentralised blockchain platform for smart contracts, whose protocol allows all stakeholders to vote on changes. See the project highlights collected. The live price of Tezos today is 0.936443 and the 24-hour trading volume is 57,080,649.

We update our Tezos value in EUR in real time. The price of XTZ has changed by 0.89% in the last 24 hours. The current position on the cryptocurrency market is #92 and the current market value is 914,225,330.

If you want to find out how to buy Tezos at the current rate, the best cryptocurrency platforms for trading Tezos are eToro, Binance and Libertex. Other exchange platforms can be found on our page dedicated to crypto exchanges.

Tezos Price History: A Retrospective Look

Hey, savvy investors! If you’re into the world of cryptocurrencies, you’ve probably heard of Tezos – the game-changing blockchain network that’s been making waves since its launch in 2017. This bad boy is decentralized, open-source, and supports all sorts of cool features like smart contracts and decentralized apps (dApps). What sets Tezos apart from the crowd is its on-chain governance model and emphasis on formal verification.

Now, if you’re a true Tezos fan, you’re probably curious about its price history – and that’s where this section comes in. We’re going to dive deep into the key data points and milestones that have marked Tezos’ journey to greatness. So grab a cup of coffee, sit back, and let’s explore the fascinating world of XTZ!

2017:

  • July 13: Tezos held its initial coin offering (ICO), raising over $230 million. The token started trading at around $1.66 per XTZ.
  • October: The price of Tezos reached a peak of approximately $2.4, despite the ongoing disputes among the project’s founders.

2018:

  • February: The price of XTZ fell to around $2, in line with the broader market correction.
  • June: Tezos launched its mainnet, but the price failed to gain significant traction, trading around $1.5.
  • December: XTZ reached its lowest price in 2018, trading at around $0.4.

2019:

  • May: Tezos experienced a surge in price, reaching around $1.8, driven by renewed optimism in the cryptocurrency market.
  • October: The price of XTZ dropped to around $0.8 before rebounding later in the year.

2020:

  • February: XTZ reached a peak of approximately $3.5, driven by positive sentiment in the cryptocurrency market.
  • March: The price of Tezos dropped sharply to around $1.3 during the global COVID-19 pandemic.
  • August: Tezos experienced a significant increase in price, reaching around $4.4, driven by developments within the project and increased interest in decentralized finance (DeFi) applications.

2021:

  • April: XTZ’s price hit a high of around $7.3, supported by a resurgence of interest in cryptocurrencies and growing adoption of Tezos for DeFi and NFT projects.
  • May: The price of Tezos dropped sharply to around $3 during a broad market sell-off.
  • September: Tezos traded at approximately $5, experiencing modest gains after the market turmoil.

2022:

  • January: Tezos began the year trading around $4.5, showing signs of a slow but steady recovery.
  • May: XTZ’s price briefly surged to around $6 before dropping back to around $4.8.

Tezos has been quite the rollercoaster ride when it comes to its price over the years. But one thing’s for sure – its cutting-edge on-chain governance model and emphasis on formal verification have definitely caught the eye of the cryptocurrency community.

As the Tezos ecosystem evolves and expands, it’ll be exciting to see where its price history takes us. Will it skyrocket to new heights or hit some bumps in the road? Only time will tell. One thing’s for certain though – Tezos is a force to be reckoned with in the world of cryptocurrencies.

Factors Affecting Tezos Price: Partnerships and Developments

tezos logo

The price of Tezos (XTZ) has been influenced by various factors, including partnerships, technological developments, and market sentiment. Here, we discuss some key partnerships and developments that have impacted Tezos’ price:

Partnerships:

  • Elevated Returns: In 2019, Elevated Returns, a financial group focused on digitizing traditional financial assets, announced plans to tokenize $1 billion worth of real estate on the Tezos blockchain. This partnership drew attention to Tezos’ potential in tokenizing various asset classes.
  • Securitize: In 2019, Securitize, a leading tokenization platform, partnered with Tezos to offer tokenization services on the Tezos blockchain. This collaboration expanded the reach of Tezos in the security token market.
  • BTG Pactual and Dalma Capital: In 2019, leading Latin American investment bank BTG Pactual and Dubai-based asset management firm Dalma Capital announced plans to utilize the Tezos blockchain for their security token offerings (STOs). This partnership showcased the growing adoption of Tezos in the financial sector.

Technological Developments:

  • On-Chain Governance: Tezos has a unique on-chain governance model that allows stakeholders to vote on proposed protocol upgrades, which can then be automatically implemented without requiring a hard fork. This feature has set Tezos apart from other blockchain platforms and attracted interest from investors and developers.
  • Formal Verification: Tezos supports formal verification, a mathematical approach that ensures the correctness of smart contracts’ code. This feature enhances the security and reliability of Tezos-based applications, particularly in industries where security is of utmost importance, such as finance and healthcare.
  • Staking: Tezos uses a liquid proof-of-stake (LPoS) consensus mechanism, which allows token holders to participate in the network’s validation process and earn rewards for staking their tokens. This feature has encouraged long-term holding of XTZ tokens and contributed to the growth of the Tezos ecosystem.

Market Sentiment:

The overall sentiment of the cryptocurrency market has played a significant role in Tezos’ price fluctuations. Periods of positive sentiment, such as the 2017 ICO boom and the 2021 market resurgence, have led to increased interest in Tezos and contributed to its price growth. Conversely, market downturns and negative news have often affected Tezos’ price negatively, as seen during the 2018 bear market and the 2022 market sell-off.

Conclusion

Tezos has been quite the wild ride when it comes to its price since day one. It’s been influenced by all sorts of things, from partnerships and tech developments to good old-fashioned market sentiment.

One thing’s for sure – Tezos’ unique on-chain governance model, formal verification support, and staking incentives have been turning heads in the crypto world. And it’s not just hype – Tezos has formed some killer partnerships with big names in the tokenization and financial sectors, paving the way for even more growth and adoption.

But let’s be real – the crypto market can be a bit of a wild west, and Tezos’ price is no exception. As with any investment, it’s crucial to do your research, understand your risk tolerance, and consult with a financial advisor before diving in.

As Tezos continues to make moves and form new partnerships, it’ll be fascinating to see how its price reacts to the ever-changing world of cryptocurrencies. So keep your eyes peeled, stay informed, and who knows – you might just strike gold with this cutting-edge platform.

FAQ about the Tezos price

What factors affect the price of Tezos?

Several factors can influence the price of Tezos, including technological developments, partnerships, competition, market sentiment, and regulatory changes. Technological advancements like network upgrades, new features, and improved scalability can positively impact the price, while negative news or market downturns can lead to price drops.

What is the all-time high price of Tezos?

Tezos reached its all-time high price of around $7.3 in April 2021, supported by a resurgence of interest in cryptocurrencies and growing adoption of Tezos for DeFi and NFT projects.

Can Tezos reach its previous all-time high price again?

As with any cryptocurrency, it is difficult to predict the future price of Tezos with certainty. Factors such as market sentiment, technological advancements, partnerships, and broader industry trends can all contribute to price fluctuations. While it is possible that Tezos could reach its previous all-time high again, this will depend on a combination of these factors and the overall performance of the cryptocurrency market.

Is Tezos a good investment?

Investing in cryptocurrencies, including Tezos, carries risks, as the market is known for its volatility. Before making any investment decision, it is essential to conduct thorough research, understand the project’s fundamentals, and consider your risk tolerance and investment goals. It’s always recommended to consult with a financial advisor before making any investment decisions.

Gianluca Lombardi

Gianluca is the editor-in-chief of this site. A finance graduate, he is an active trader who has tested all trading platforms and knows all their secrets. Technology is his passion; he spends much of his free time in the metaverse. Gianluca loves learning new things, researching, discussing and writing about technology, especially when it comes to cryptocurrency and blockchain technology.