Why did the price of XTZ go up?
Tezos (XTZ) increased by 1.01% in the last 24 hours, continuing a strong 7-day gain of 13.1%. This growth is driven by wider use of Etherlink, momentum in real-world asset (RWA) projects, and positive technical signals.
- Etherlink Layer 2 Growth – The MEXC exchange added deposit support, improving liquidity.
- RWA Breakthrough – Uranium.io launched tokenized uranium collateral on Etherlink.
- Technical Reversal – The MACD indicator turned bullish, ending a weeks-long downtrend.
Deep Dive
1. Etherlink Adoption (Positive Impact)
Overview: Etherlink, Tezos’ Layer 2 solution compatible with Ethereum apps, saw MEXC exchange enable deposits on November 5, 2025, with withdrawals coming soon. Earlier, Curve Finance launched on Etherlink in August, pushing its Total Value Locked (TVL) to $47.7 million.
Why it matters: More exchange support makes it easier for traders and decentralized finance (DeFi) users to participate, attracting more funds. Etherlink’s compatibility with Ethereum’s system allows developers to easily move their apps over, increasing network growth. Transactions grew 22.5% quarter-over-quarter to 20.5 million, showing rising use.
What to watch: How Etherlink’s TVL changes after MEXC integration and whether it keeps growing after Apple Farm Season 2 incentives end.
2. Real-World Asset Momentum (Positive Impact)
Overview: On November 6, Uranium.io introduced the first tokenized physical uranium product (xU3O8) on Etherlink, backed by UK-regulated custodian Archax. This allows holders to use uranium as collateral in DeFi vaults powered by Morpho.
Why it matters: Tokenizing a valuable commodity like uranium (with $197 billion annual demand vs. $155 billion supply) attracts institutional investors. Tezos’ design, which is friendly to regulations, positions it well for growth in real-world assets, similar to Ethereum’s early DeFi days. This aligns with co-founder Arthur Breitman’s upcoming November 12 Federal Reserve panel on blockchain asset tokenization.
Key metric: Watch Uranium.io’s TVL and whether other real-world asset projects launch on Tezos.
3. Technical Breakout (Mixed Impact)
Overview: Tezos (XTZ) price rose above its 30-day simple moving average (SMA) of $0.594 and held support at $0.59. The MACD indicator turned positive on November 7, while the Relative Strength Index (RSI) remains moderate (44–46), avoiding overbought levels.
Why it matters: Breaking out of a 7-month downtrend pattern suggests a possible 120% price increase if resistance at $0.62 is surpassed. However, trading volume is down 6.63% year-over-year, which could affect the strength of this rally.
Key levels: Closing above $0.62 could push the price toward $0.75 (July high). Falling below $0.57 risks dropping back to $0.50.
Conclusion
Tezos’ recent gains reflect growing confidence in Etherlink’s DeFi and real-world asset developments, along with a technical rebound. However, low trading volume means caution is needed. Key points to watch: Whether Uranium.io’s TVL and Etherlink’s developer activity can overcome overall market fear (CMC Fear & Greed Index at 25). Also, keep an eye on Arthur Breitman’s Fed panel on November 12 for insights on regulatory outlook.
What could affect the price of XTZ?
Tezos is balancing positive growth factors with some market challenges.
- Etherlink Momentum – Adoption of Layer 2 solutions and real-world asset (RWA) integration are boosting activity in the Tezos ecosystem.
- Staking Incentives – Binance’s 29% APR offer could increase demand for Tezos in the short term.
- Governance & Upgrades – Tezos’ on-chain governance supports ongoing improvements, helping it stay resilient over time.
Deep Dive
1. Etherlink’s DeFi & RWA Growth (Positive Outlook)
Overview: Etherlink, Tezos’ Layer 2 solution compatible with Ethereum’s technology, has quickly gained traction. Its total value locked (TVL) jumped from $1.4 million to $18 million after its beta launch. Important partnerships include Curve Finance, which allows easy stablecoin swaps, and Uranium.io, a platform that turns physical uranium into digital tokens used as collateral in decentralized finance (DeFi) (CoinJournal). Additionally, the MEXC exchange started supporting deposits on Etherlink in November 2025, making it more accessible.
What this means: Using real-world assets like uranium as collateral could attract institutional investors. Plus, Etherlink’s low fees and compatibility with Ethereum tools make Tezos appealing to developers. Continued growth in TVL would show confidence in Tezos’ ability to scale.
2. Staking Demand & Liquidity Dynamics (Mixed Outlook)
Overview: Binance is running a promotion from November 2025 to February 2026, offering up to 29% annual percentage rate (APR) for staking Tezos (XTZ). This encourages people to lock up their coins, potentially increasing demand. However, Tezos’ circulating supply has grown by 1.2% year-over-year, and its typical staking rewards (5–7%) are lower than competitors like Solana.
What this means: The high APR from Binance might reduce selling pressure temporarily, but the overall supply increase could still weigh on prices. XTZ’s price has dropped 30% over the past 90 days despite some recent gains. It will be important to watch how many people continue staking after the promotion ends.
3. Protocol Upgrades & Governance (Positive Outlook)
Overview: The September 2025 Seoul upgrade brought major improvements, including stronger security for institutional users and a 63-fold reduction in network storage needs. Tezos’ on-chain governance system allows smooth upgrades without the conflicts seen in other blockchains like Ethereum (CryptoBriefing). Since 2018, Tezos has successfully completed 19 protocol upgrades.
What this means: Ongoing innovations, such as faster withdrawals and advanced cryptographic signatures, make Tezos more attractive to businesses and developers. However, there is some concern about validator centralization, as Coinbase controls about 12% of the stake, which could affect the network’s reputation.
Conclusion
Tezos’ future price depends largely on whether Etherlink can turn real-world asset interest into steady DeFi growth, while managing the inflationary effects of token supply. Binance’s staking promotion offers a short-term boost, but long-term gains will require clear signs of institutional adoption. The key question remains: Will Uranium.io’s model of using uranium as collateral bring enough liquidity to balance out the growing supply of XTZ?
What are people saying about XTZ?
Conversations around Tezos (XTZ) are swinging between excitement over recent gains and concerns about the price being too high. Here’s what’s making headlines:
- Etherlink’s $11 million boost in DeFi activity is driving optimism
- Traders are debating if the recent 60% price jump can last
- Institutional investors are putting money in at the highest level in seven months
Deep Dive
1. @Tezos: Etherlink’s real-world asset growth is a positive sign
"Etherlink Layer 2 total value locked (TVL) reached $45.4 million, up 8% in one week, following the launch of Midas’ tokenized yield products aimed at arbitrage and DeFi strategies."
– @Tezos (443K followers · 12M impressions · July 19, 2025, 11:31 PM UTC)
View original post
What this means: This is good news for Tezos because it shows that professional-level decentralized finance (DeFi) projects are using Etherlink. This supports the idea that Tezos can handle real-world financial assets and could attract more developers to build on the platform.
2. @johnmorganFL: Price surge may be overextended
"XTZ’s Relative Strength Index (RSI) over 14 days is at 77, the highest since February 2025. Although moving averages suggest the upward trend might continue, the $1.04 price level could lead to some profit-taking."
– @johnmorganFL (35K followers · 2.1M impressions · July 20, 2025, 6:07 AM UTC)
View original post
What this means: This is a neutral signal. The technical indicators show the price might be stretched too far, but breaking above $0.75 after months of decline provides a strong support level that could keep prices stable.
3. CoinJournal: Institutional investors are coming back
"$417,000 net inflow into spot markets on July 19 – the largest since January – indicates renewed interest from serious investors as money shifts into alternative cryptocurrencies."
– CoinJournal (Verified Publisher · October 20, 2025, 8:37 AM UTC)
View original article
What this means: This is positive because steady buying from institutions could help push Tezos back up to $1.50, especially if Etherlink’s TVL continues to grow by more than 20% each month.
Conclusion
The overall outlook for Tezos is optimistic but cautious. Growth in Etherlink’s DeFi ecosystem and recent technical breakouts are encouraging, but some indicators suggest the price might be temporarily overbought. The recent 60% price increase broke important resistance levels, but it’s important to watch if Etherlink’s TVL stays above $50 million this week. If it falls below that, the price might test support around $0.93. For those following the momentum, the 4-hour chart’s Supertrend indicator has been positive since July 19, which means any price dips could be good buying opportunities.
{{technical_analysis_coin_candle_chart}}
What is the latest news about XTZ?
Tezos is gaining momentum thanks to new staking offers for institutions and advances in real-world asset projects. Here are the key updates:
- Binance Increases XTZ Staking Rewards (November 13, 2025) – A promotion offering up to 29% annual returns for locked deposits.
- Tezos Leads Staking Platforms (November 12, 2025) – Praised for its flexible and energy-efficient staking system.
- Tezos Co-Founder Speaks at Federal Reserve Event (November 12, 2025) – Highlighted blockchain’s role in modernizing financial markets.
Deep Dive
1. Binance Increases XTZ Staking Rewards (November 13, 2025)
What happened:
Binance introduced a special staking promotion for Tezos, offering up to 29% annual percentage rate (APR) for locking your XTZ tokens between 30 and 120 days. Current holders can increase their stakes, and rewards are paid out daily. This offer lasts until February 2026, requires identity verification (KYC), and has a maximum limit of 250,000 XTZ for the longest lock period.
Why it matters:
This boost is positive for Tezos because it encourages more people to lock up their tokens, increasing demand and liquidity. Exchanges usually promote assets they believe have strong potential. However, the high APR might be a short-term tactic to counteract recent price drops (XTZ fell nearly 30% in the past 3 months).
(Binance)
2. Tezos Leads Staking Platforms (November 12, 2025)
What happened:
AMBCrypto ranked Tezos as one of the best staking platforms for November, highlighting its 5–7% yearly returns, quick 3-day reward cycles, and its Liquid Proof-of-Stake (LPoS) system. Unlike some platforms where tokens are locked and controlled by the platform, Tezos lets users keep control of their tokens while earning rewards.
Why it matters:
Tezos’ LPoS system is attractive to cautious investors and institutions because it balances security, flexibility, and energy efficiency. Still, with Binance offering much higher short-term returns, some investors might prefer those promotions over organic staking yields.
3. Tezos Co-Founder Speaks at Federal Reserve Event (November 12, 2025)
What happened:
Arthur Breitman, co-founder of Tezos, spoke alongside leaders from BlackRock, Morgan Stanley, and Ondo Finance at a fintech conference hosted by the Federal Reserve Bank of Philadelphia. He discussed how public blockchains like Tezos can expand capital markets. He also highlighted uranium.io, a Tezos-based platform that tokenizes uranium, turning a traditionally hard-to-trade asset into a digital commodity.
Why it matters:
This shows Tezos is actively engaging with regulators and pushing innovative projects that bring real-world assets onto the blockchain. While uranium tokenization is still a niche market, it demonstrates Tezos’ potential to support new types of financial products and institutional adoption.
Conclusion
Tezos is focusing on attracting institutions through high-yield staking offers and regulatory collaboration, while exploring new uses for blockchain with real-world asset projects. The success of uranium tokenization could open doors for wider adoption of commodity-backed digital assets—or it might remain a specialized example for now.
What is expected in the development of XTZ?
Tezos’ development plan is centered on improving scalability, supporting real-world assets, and growing its ecosystem.
- Federal Reserve Panel on Tokenization (November 12, 2025) – Arthur Breitman discusses how blockchain can help tokenize real-world assets.
- TezDev 2026 Conference (March 30, 2026) – Highlights gaming, decentralized finance (DeFi), and technical improvements.
- Liquidity Mining Proposal (Q1 2026) – Plans to reward DeFi users to encourage more participation.
- Etherlink Layer 2 Expansion (2026) – Aims to improve compatibility with Ethereum tools and attract institutional DeFi users.
Deep Dive
1. Federal Reserve Panel on Tokenization (November 12, 2025)
Overview: Arthur Breitman, co-founder of Tezos, will speak at a Federal Reserve Bank of Philadelphia panel about blockchain’s role in turning real-world assets (like property or commodities) into digital tokens. This follows Tezos’ launch of uranium.io, a platform that allows ownership of uranium to be tokenized on Etherlink (Tezos Agora Forum).
What this means: This is a positive sign for Tezos (XTZ), positioning it as a leader in regulated tokenization of real assets, which could attract big investors. However, there are still regulatory challenges, especially around uranium tokenization.
2. TezDev 2026 Conference (March 30, 2026)
Overview: The annual Tezos conference will focus on gaming, DeFi applications, and upgrades to the Tezos protocol. Arthur Breitman will present updates on Tezos X, a plan to improve scalability and user experience (Tezos X post).
What this means: This event could generate excitement, but the real impact depends on measurable progress, like adoption of Layer 2 solutions.
3. Liquidity Mining Proposal (Q1 2026)
Overview: The Tezos community is discussing a plan to create 2.1 to 4.2 million new XTZ tokens each year to reward users who provide liquidity on decentralized exchanges (DEXs) like IguanaDEX. This aims to increase the total value locked (TVL) in DeFi on Etherlink, which is currently $45 million (Tezos Agora Forum).
What this means: If done carefully, this could encourage more trading and reduce costs for users, which is good for Tezos. But if too many new tokens are created, it could lead to inflation and reduce token value.
4. Etherlink Layer 2 Expansion (2026)
Overview: Etherlink, Tezos’ Layer 2 solution compatible with Ethereum’s Virtual Machine (EVM), plans to integrate more with popular Ethereum DeFi tools like Uniswap v3 and institutional platforms such as Midas, which offers tokenized Treasury assets (Cryptopotato).
What this means: This is very positive. Etherlink’s TVL grew by 6,200% quarter-over-quarter in 2025, and further growth could increase demand for XTZ as a staking and settlement asset.
Conclusion
Tezos is focusing on building institutional-grade DeFi and specialized real-world asset markets while enhancing its Layer 2 ecosystem. The upcoming Federal Reserve panel and liquidity mining proposal are important near-term events, but the success of Etherlink and uranium.io’s regulatory progress will be key for long-term growth. Will Tezos’ emphasis on compliant tokenization help it outperform other general-purpose Layer 1 blockchains in 2026?
What updates are there in the XTZ code base?
Tezos (XTZ) recently rolled out important upgrades that improve how the network scales, its security, and how developers can build on it.
- Seoul Upgrade (September 19, 2025) – Added built-in multisignature security and made the network 63 times more efficient.
- Rio Protocol (May 1, 2025) – Made staking faster and improved Layer 2 scaling support.
- Tezlink Integration (July–August 2025) – Launched an Ethereum-compatible Layer 2 to use Ethereum tools on Tezos.
Deep Dive
1. Seoul Upgrade (September 19, 2025)
What happened: The Seoul upgrade introduced native multisignature (multisig) security, which means multiple people can approve transactions together more easily—important for businesses and institutions. It also cut down the data needed to validate the network by 63 times, making it much cheaper and faster to run a node.
Developers used a technology called BLS signatures to combine multiple approvals into one transaction, simplifying account management. Plus, unstaking XTZ became easier—after a 4-day waiting period, users no longer have to take extra steps to unlock their tokens.
Why it matters: This upgrade makes Tezos more attractive to institutions by boosting security and lowering costs. Faster, cheaper operations could encourage more large-scale applications to build on Tezos. (Source)
2. Rio Protocol (May 1, 2025)
What happened: Rio changed how staking works by shortening reward cycles from weeks to just one day. It also introduced rewards for “bakers” (those who validate transactions) who help with Data Availability Layers (DAL), which are key for Layer 2 scaling solutions like Etherlink.
The update also added stricter penalties for bakers who don’t stay active, helping keep the network reliable.
Why it matters: This is a positive step for Tezos. Faster staking rewards can attract smaller investors, and the focus on Layer 2 infrastructure shows Tezos is aiming to compete with Ethereum’s growing ecosystem of rollups (Layer 2 scaling solutions). (Source)
3. Tezlink & Tezos X (July–August 2025)
What happened: Tezlink is a new Layer 2 solution compatible with Ethereum’s Virtual Machine (EVM). This means developers can use familiar Ethereum programming tools and languages like JavaScript and Python to build on Tezos.
Tezlink also made withdrawing funds much faster—cutting the wait time from 15 days to just 1 minute—thanks to decentralized liquidity pools.
Why it matters: This upgrade lowers the barrier for Ethereum developers to bring their decentralized apps (dApps) to Tezos. It could increase liquidity and improve cross-chain compatibility, making Tezos more connected with the broader crypto ecosystem. (Source)
Conclusion
Tezos’ recent upgrades show a clear focus on improving security for institutions (Seoul) while making the platform more accessible and scalable for developers (Rio and Tezlink). With Layer 2 scaling and Ethereum compatibility now in place, Tezos is positioning itself to compete more directly with Ethereum’s dominance in the smart contract space.