
Tezos' co-founder Arthur Breitman is launching a tokenized uranium initiative, potentially paving the way for Tezos' comeback. XTZ, the native token of Tezos, has seen significant performance increases, hitting an 8-month high and surges in revenue. This bullish trend is attributable to Tezos' continuous improvement and development of its blockchain technology.
The network upgrade, Quebec, has enhanced speed and efficiency of the Tezos Blockchain, making it more future-proof and faster than ever. Lyzi raised $1.4M to expand a Tezos-based crypto payments service for retail while CoinShares increased staking rewards for its Tezos product. Adding to its positive momentum, Tezos also launched on Coinbase Pro, offering holders direct access to XTZ tokens.
In terms of future potential, expert predictions indicate that XTZ could achieve remarkable growth between 2025 to 2031. Furthermore, development efforts are being made to expand on Tezos' smart contract and dApp functionalities. The cryptocurrency is increasing its focus on areas like security, speed, and creativity. In addition, ongoing investments in new sectors like altcoins and gaming are lifting XTZ's outlook.
However, there are a few hurdles to be dealt with. Some observers have taken note of a potential threat from $2.22 Million exchange inflows. Moreover, a new lawsuit has been launched by Tezos holders against the IRS over staked XTZ tokens. Yet, despite certain challenges, the overall sentiment for Tezos seems positive with high anticipation for future development and growth.
Tezos Coin News Analytics from Fri, 05 May 2017 07:00:00 GMT to Wed, 21 May 2025 03:05:56 GMT - Rating 7 - Innovation 6 - Information 5 - Rumor 4