What could affect the price of XTZ?
Tezos is balancing positive technical updates and ecosystem changes with some market challenges. While upgrades and new projects show promise, overall market conditions remain cautious.
- Etherlink Layer-2 Growth – Total value locked (TVL) jumped 6,200% in the first quarter of 2025, but it’s unclear if this growth will last once incentives end (Messari).
- Real-World Asset (RWA) Push – Tokenizing uranium could attract big investors but might face regulatory hurdles (CryptoSlate).
- Protocol Upgrades – The Seoul upgrade in September 2025 promises up to 63 times better efficiency, which could boost adoption if developers take advantage (Cryptobriefing).
Deep Dive
1. Etherlink Layer-2 Momentum (Mixed Impact)
Overview: Tezos’ Layer-2 solution, Etherlink, which is compatible with Ethereum’s technology, reached $60 million in TVL by September 2025. This growth was driven by a $3 million incentive program and partnerships with platforms like Curve and Gearbox. Despite a huge increase in active users in late 2024, this hasn’t yet boosted Tezos’ price significantly.
What this means: Etherlink helps Tezos expand beyond just NFTs by supporting decentralized finance (DeFi). However, its long-term success depends on keeping users engaged after rewards end. The upcoming end of Apple Farm incentives in November 2025 could slow activity and put pressure on Tezos’ price.
2. RWA Tokenization Gambit (Bullish)
Overview: Arthur Breitman, Tezos’ co-founder, is leading a project called uranium.io to tokenize uranium assets using Tezos’ governance system. Early investments have reached $11 million through yield products offered by Midas (Coinlive).
What this means: If demand for uranium grows—especially for AI and data center energy—Tezos could attract institutional investors looking for new opportunities. However, strict regulations around nuclear materials could slow adoption. Success here might help Tezos’ price move independently from other cryptocurrencies.
3. Technical Downtrend vs. Upgrade Catalysts (Bearish/Neutral)
Overview: As of October 2025, Tezos’ price is moving downward, trading within a declining channel with a relative strength index (RSI) of 40, indicating weak momentum. Despite the Seoul upgrade introducing easier unstaking and better efficiency, price resistance remains around $0.73.
What this means: While technical improvements are positive, they haven’t yet reversed the downward trend. If Tezos can break above $0.73, it could aim for $0.82, but failure to do so might lead to testing support at $0.55. Large investors added over 110 million XTZ in July 2025, suggesting potential for price swings (AMBCrypto).
Conclusion
Tezos’ future price depends on whether Etherlink can keep users after incentives end, how quickly real-world asset tokenization takes off, and if it can break through key price resistance. While upgrades improve the network’s capabilities, broader market challenges like Bitcoin’s dominance (58.78%) and skepticism toward altcoins remain. Watch for changes in Etherlink’s TVL and regulatory updates on tokenized assets after November.
What are people saying about XTZ?
Tezos is generating excitement with a mix of strong growth and cautious optimism. Here’s what’s happening:
- Etherlink’s DeFi growth is driving positive momentum 🚀
- Technical analysis points to a potential price breakout 📈
- Conflicting signals: Overbought indicators vs. large investor buying ⚖️
In-Depth Look
1. @johnmorganFL: Etherlink Layer 2 gaining institutional support
"Midas’ tokenized yield products brought $11 million in total value locked (TVL) to Etherlink – a sign of real institutional interest in DeFi."
– @johnmorganFL (89K followers · 412K impressions · July 19, 2025, 11:27 UTC)
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What this means: This is a positive sign for Tezos (XTZ) because Etherlink’s growth supports Tezos’ Layer 2 solutions, attracting both investment and developer activity.
2. @BRONDOR: Technical breakout points to $1.40 target
"+42% increase in 24 hours, with a clear path to $1.40 if the $1.10 level holds. Altcoin season is heating up."
– @BRONDOR (CoinMarketCap post · 2.1K impressions · July 20, 2025, 09:34 UTC)
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What this means: Technical indicators are optimistic, but the price range between $1.10 and $1.22 is a key resistance zone that must be overcome for further gains.
3. @tezos: New tool tracks Tezos ecosystem health
"You can now monitor Tezos’ decentralization and developer activity 24/7 through @chainspect_app."
– @tezos (687K followers · 289K impressions · October 16, 2025, 13:02 UTC)
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What this means: This is a neutral to positive development for the long term, as real-time data can boost investor confidence in the network’s stability during price fluctuations.
Conclusion
The overall outlook for Tezos is bullish, supported by Etherlink’s DeFi progress and promising technical signals. However, the Relative Strength Index (RSI) hit 91 on July 20, indicating the asset might be overbought and due for a pause or correction. Keep an eye on Etherlink’s total value locked (TVL): if it surpasses $100 million, it could confirm the strength of this rally. Conversely, a drop below $45 million might lead to profit-taking. The big question remains: Are institutional investors committed for the long term, or is this just a short-term speculative surge?
What is the latest news about XTZ?
Tezos is dealing with selling pressure and excitement around gaming, all while getting ready for a big art event. Here’s the latest:
- Bearish Technical Outlook (October 16, 2025) – Sellers are in control, and XTZ might drop toward $0.50.
- Reaper Actual Alpha Launch (October 8, 2025) – A new crypto-based shooter game is in testing, with mixed reactions.
- Berlin Art Exhibition (September 18, 2025) – More than 200 artists using Tezos will showcase digital art.
Deep Dive
1. Bearish Technical Outlook (October 16, 2025)
Overview:
XTZ is trading around $0.61 and is stuck in a downward trend. Key indicators like RSI (40) and CMF (-0.13) show that sellers are dominating. Experts warn that if this trend continues, the price could fall to between $0.55 and $0.43. However, if the price breaks above $0.73, it might signal a reversal.
What this means:
In the short term, this is a negative sign for XTZ because buying interest is low and the market is cautious. But if the price climbs above $0.73, it could attract buyers who have been waiting on the sidelines. (CCN)
2. Reaper Actual Alpha Launch (October 8, 2025)
Overview:
Reaper Actual is a PC shooter game created by John Smedley, co-creator of EverQuest. It launched its alpha version on Tezos’ Etherlink platform. Players can buy NFT characters starting at $29.99 and trade game assets using Tezos’ Layer 2 solution, which is compatible with Ethereum. However, Smedley expects only about 8% of players to use NFTs at first and downplays the role of crypto in the game.
What this means:
This is a neutral development for XTZ. The game could help grow Tezos’ presence in gaming, but skepticism about Web3 and limited initial NFT use might limit its immediate impact. (Decrypt)
3. Berlin Art Exhibition (September 18, 2025)
Overview:
Art on Tezos 2025 will take place in Berlin from November 6–9, featuring over 200 digital artists, including Kevin Abosch and Memo Akten. The event highlights Tezos’ strength in sustainable and affordable NFT minting and its partnerships with major institutions like the Museum of Modern Art (MoMA).
What this means:
This is a positive sign for XTZ’s long-term reputation, reinforcing its role in digital art despite challenges in the wider NFT market. (Crypto.News)
Conclusion
Tezos faces short-term price challenges but is expanding its ecosystem through gaming and cultural projects. While technical indicators suggest possible declines, strategic moves into NFTs and real-world applications aim to keep Tezos relevant. Will the cautious crypto approach in Reaper Actual gain traction, or will the Berlin art event boost institutional interest?
What is expected in the development of XTZ?
Tezos is making important progress with these key updates:
- Etherlink Fast Withdrawals (June 27, 2025) – Allows almost instant transfers from Tezos Layer 2 back to the main Tezos blockchain using decentralized liquidity bridges.
- Liquidity Mining Program (Q4 2025) – Offers rewards to encourage more trading activity in XTZ and tzBTC pools, helping grow decentralized finance (DeFi) on Tezos.
- Tezos X Rollout (2026) – Introduces modular upgrades to improve scalability and provide developer-friendly tools for building apps.
Deep Dive
1. Etherlink Fast Withdrawals (June 27, 2025)
What happened:
Tezos launched a feature that cuts withdrawal times from its Etherlink Layer 2 from about 15 days down to roughly 1 minute. This is done by using decentralized liquidity providers and smart contracts on the blockchain (CoinMarketCap).
Why it matters:
This is good news for XTZ holders and users because faster withdrawals make trading and DeFi activities more efficient. It could attract users who currently use slower Layer 2 solutions like Arbitrum. However, it depends on liquidity providers having enough funds available to support these quick transfers.
2. Liquidity Mining Program (Q4 2025)
What happened:
A proposal is in discussion to create between 420,000 and 4.2 million new XTZ tokens each year as rewards for people providing liquidity in XTZ/tzBTC pools. The plan includes testing this for a limited time to balance growth with inflation concerns (Tezos Agora Forum).
Why it matters:
This could help increase trading activity and DeFi use on Tezos, which is positive for XTZ. But if too many new tokens are created, it might reduce the value of existing tokens. Success depends on pairing these rewards with stable, non-custodial assets to avoid over-reliance on tzBTC.
3. Tezos X Rollout (2026)
What happened:
Tezos X, announced at TezDev 2025, plans to combine the security of the main Tezos blockchain (Layer 1) with the speed of Layer 2 solutions. It will support Ethereum-compatible smart contracts (EVM), popular programming languages like JavaScript and Python, and allow seamless interaction between layers (Arthur Breitman’s TezDev keynote).
Why it matters:
This is a positive long-term development for XTZ because it makes it easier for developers to build on Tezos and connect with Ethereum’s large ecosystem. However, successfully integrating these features is complex, and Tezos will need to compete with established Layer 2 platforms to gain adoption.
Conclusion
Tezos is focusing on improving Layer 2 usability with Etherlink, boosting DeFi liquidity, and making development more accessible through Tezos X. While upcoming upgrades will reduce transaction delays, the 2026 roadmap faces challenges in scaling and attracting users. The big question is whether Tezos can find its place alongside Ethereum or carve out a unique role in tokenized real-world assets and cross-chain DeFi.
What updates are there in the XTZ code base?
Tezos is updating its technology to make the network faster, more secure, and easier for developers to build on.
- Ebisu Kernel Activation (October 15, 2025) – Improves Layer 2 (L2) performance for quicker transactions.
- Seoul Protocol Upgrade (September 4, 2025) – Adds native multisignature wallets and cuts network costs by 63 times.
- Rio Protocol Upgrade (May 9, 2025) – Simplifies staking and boosts Layer 2 scalability.
Deep Dive
1. Ebisu Kernel Activation (October 15, 2025)
What happened: The Ebisu kernel, also called Etherlink 5.0, launched to improve Layer 2 performance on Tezos. This upgrade reduces delays and speeds up transaction confirmation for decentralized apps running on Etherlink.
Developers focused on fixing delays in how transactions are processed, especially with the eth_sendRawTransaction command. Node operators were encouraged to update their software to benefit from these improvements.
Why it matters: Faster Layer 2 transactions make decentralized finance (DeFi) and NFTs easier to use on Tezos. This attracts developers who want Ethereum compatibility without dealing with Ethereum’s network slowdowns. (Source)
2. Seoul Protocol Upgrade (September 4, 2025)
What happened: The Seoul upgrade introduced multisignature wallets directly into the protocol, allowing multiple people to approve transactions securely. It also reduced the network’s data usage dramatically—from 900 MB per day to just 14 MB.
This was achieved using BLS signatures, which bundle multiple approvals into one. The upgrade also added a simple “1-click” unstaking feature, though users still wait 4 days for security reasons.
Why it matters: While this upgrade might not immediately affect Tezos (XTZ) prices, it’s positive for the long term. Institutions get better control over their funds, and the network becomes more efficient and secure. (Source)
3. Rio Protocol Upgrade (May 9, 2025)
What happened: Rio improved staking by shortening the cycle to 1 day and encouraging participation in the Data Availability Layer (DAL), which helps Layer 2 handle more transactions.
It also introduced stricter penalties for inactive bakers (those who validate transactions), improving network reliability.
Why it matters: This upgrade makes staking more accessible and supports the growth of high-traffic decentralized apps on Tezos. (Source)
Conclusion
Tezos is steadily improving by focusing on security (multisig wallets), speed (Ebisu kernel), and user-friendly features (1-click unstaking). With Etherlink now handling 25% of Tezos’ on-chain activity, it’s worth watching if Layer 2 adoption will surpass Layer 1 in 2026.
Why did the price of XTZ go up?
Tezos (XTZ) increased by 2.28% in the past 24 hours, reaching $0.599. This is a positive move compared to its declines over the past week (-5.41%) and month (-21.28%). The price rise comes alongside technical signals that suggest the coin was oversold and some updates in the Tezos ecosystem. However, overall market challenges remain.
- Technical Rebound (Mixed Impact): Indicators showed overselling, leading to a short-term price bounce.
- Etherlink Growth (Bullish): Adoption of Layer 2 solutions and decentralized finance (DeFi) integrations are gaining attention.
- Market Context (Bearish): Reduced liquidity in altcoins and Bitcoin’s strong market position are limiting gains.
Deep Dive
1. Technical Rebound (Mixed Impact)
Overview: The Relative Strength Index (RSI) for Tezos was near oversold levels at 37.75, which often signals a potential price bounce. Despite this, the price is still below important moving averages (7-day average at $0.6119 and 30-day average at $0.6704), indicating weak overall momentum.
What this means: The recent price increase reflects some buying interest, but other technical indicators like the MACD histogram and Fibonacci retracement levels suggest there is resistance ahead. For a stronger recovery, the price would need to rise above $0.64, which is a key resistance point.
What to watch: If Tezos breaks above $0.61 (the 7-day moving average), it could continue to rise. If it fails, the price might drop back to test support around $0.55 (CCN).
2. Etherlink Ecosystem Momentum (Bullish)
Overview: Tezos’ Layer 2 solution, Etherlink, which is compatible with Ethereum’s Virtual Machine (EVM), recently received upgrades. These include integration with KuCoin for easier XTZ deposits and withdrawals, and a $3 million program to encourage developers (Finbold).
What this means: These improvements are designed to increase liquidity and attract more developers to the platform. Etherlink’s total value locked (TVL) reached $60 million in September 2025, though growth has slowed. Interest from institutions in tokenized real-world assets (RWAs), like Midas’ $11 million TVL products, could boost demand for XTZ as a staking and utility token.
3. Macro Altcoin Challenges (Bearish)
Overview: The overall crypto market sentiment remains cautious, with the Fear & Greed Index at 27 out of 100, indicating “Fear.” Bitcoin holds a dominant 58.9% share of the market, while altcoin trading volume has dropped significantly (24-hour spot volume down 62.96% over the past week).
What this means: Tezos’ 24-hour trading volume of $23.7 million, down 4% weekly, shows limited speculative interest. Until the broader market becomes more confident, price rallies may struggle to gain momentum.
Conclusion
Tezos’ recent price increase is mainly driven by technical factors and specific ecosystem developments. However, the overall market remains bearish. Key point to watch: Will Etherlink’s TVL climb back above $70 million to support DeFi growth, or will Bitcoin’s dominance continue to pressure altcoins like Tezos?