Tezos (XTZ) has been making significant strides in the cryptocurrency market, primarily through strategic partnerships and advancements in its blockchain technology. It recently unveiled the 'Tezos X' upgrade, promising enhanced blockchain performance. It also initiated a partnership with Google Cloud to incorporate Web3 capabilities and has been noted for its gender balancing efforts in collaboration with World of Women.
Tezos has also seen immense growth across multiple sectors and its gaming sector reported significant growth in Q1 2024. Institutional access to Tezos has been expanded by Blockchain platform Fireblocks. With aims to foster better dApp development, Magic integrated Etherlink on the platform. Baanx has teamed up with Tezos to produce the company's first non-custodial on-chain payment card.
Tezos is also being used to tokenize equity for the renowned St.Regis Aspen Resort. The coin has had promising price predictions, with many speculating it may regain the $2 mark this year. In terms of price movements, XTZ recently hit the $0.79 mark on major exchanges and has seen a 937% increase in volume. However, despite these positive developments, XTZ also faced a price tumble of 4.8% recently, sparking questions on what this might mean for the token's future.
Tezos Coin News Analytics from Thu, 13 Jul 2017 07:00:00 GMT to Fri, 16 Aug 2024 16:15:21 GMT -
Rating +6
- Innovation +5
- Information +8
- Rumor +4
