Tezos is a blockchain network dedicated to smart contracts and decentralized applications. The blockchain network raised over $232 million in its ICO in 2017. Tezos’s native cryptocurrency has a market capitalization of over $1.2 billion. The cryptocurrency also a saw boost in its volumes, to above $126 million per day.
Tezos surpassed Stellar (XLM) to enter in the top 10
Currently, XTZ is ranked 10th among all cryptocurrencies in terms of market capitalization. The penny cryptocurrency surpassed Stellar (XLM) that has a market capitalization of $1 billion. Tezos witnessed a rise of 297% this year. It is currently behind Bitcoin SV (BSV), which has a market capitalization of $1.7 billion.
XTZ tripled its price in 2019.
At the time of writing, Tezos (XTZ) is trading at $1.73, 10% up in the last 24 hours. The trading volume for the previous 24 hours is $155,771,715. The digital asset tripled its price in 2019. According to Weiss Ratings, the next few months may see consolidation between various smart contract platforms, as new leaders appear on the market
Platforms like #Ethereum (#ETH), #Cardano (#ADA) and #Tezos (#XTZ) will probably also need #Chainlink. They run lots of smart contracts & aim to replace a host of centralized services in the world today. That’s not going to be possible without reliable and secure real-world data.
— Weiss Crypto Ratings (@WeissCrypto) December 12, 2019