Tezos is a self-upgrading blockchain, but what does that mean? This is certainly something new and fascinating.
In this article, we will learn about Tezos, XTZ, its past performance and future prediction, and an analysis of XTZ in terms of being a sustainable investment.
Tezos is an open-source, security focussed, self-upgrading platform created with an objective of developing, managing and operating decentralised assets and applications. Tezos is devised to power the Web3 revolution. Web3 is the latest monotony of the World Wide Web which is being constructed using blockchain technology by the crypto industry.
Tezos is contributing towards structuring the future of the internet by building its principal core on user participation and governance. The users can personally and effortlessly interact and communicate with each other over a global network. Tezos facilitate the functioning of Web3 through user-centric governance which makes it much more adaptable.
What is TEZ (XTZ)?
Tez (XTZ) is the utility token of the Tezos platform. XTZ is used to perform the functions on the platform like paying the transaction fees, handling smart-contract execution and holding powers to have a say in the governance of the platform. It plays a vital role in administering the on-chain governance system and the consensus mechanism of the blockchain system.
The platform empowers the holders of XTZ tokens to cast a vote regarding the important changes in the platform. This facilitates the self-upgrading feature of the platform. The bakers (Validators) can earn XTZ tokens by staking their tokens and validating transactions. The holders can also earn rewards by transferring their tokens to validators.
The token has several benefits including the following:
- User-centric governance increases customer satisfaction.
- The token distinguishes the chances of Bitcoin might fork.
- Tezos can change the entire Blockchain Taxonomy.
- The XTZ tokens help with self-amendment of the platform.
- XTZ can be staked as well as delegated to earn rewards.
How to buy XTZ with INR?
You can buy XTX from the following exchanges
Buy XTZ | Register here |
WazirX | Sign up here |
CoinDCX | Sign up here |
Giottus | Sign up here |
Most Recommended Crypto Exchange to buy XTZ with INR is WazirX
How to buy XTZ with BTC/USD?
Buy XTZ with BTC/USD | Register here |
Binance | Sign up here |
KuCoin | Sign up here |
Coinbase | Sign up here |
Huobi | Sign up here |
WazirX | Sign up here |
OKEx | Sign up here |
Most Recommended Crypto Exchange to buy XTZ with USD or BTC/ETH/USDT is Kucoin and Binance.
XTZ Coin details
Website | |
Token Ticker | XTZ |
Token Supply | 1,011,814,444 XTZ |
Current Supply | 991,267,507 XTZ |
Founder | Kathleen Breitman |
Release Date | July 2017 |
Network |
Open source blockchain
|
Consensus Mechanism | Proof-of-Stake |
Current Rank | #103 |
Market cap as on July 27th, 2024, | $770,311,405 |
XTZ Price history 2018 to 2022
The ICO for XTZ was held in July 2017. During the token sale, 65681 BTC and 361122 ETH were raised. 80% of the raised amount was distributed among investors and the remaining 20% was distributed between Tezos Foundation and Dynamic Ledger Solutions. But, due to some legal issues the tokens were not distributed in 2017 and it took almost 1 year for the mainnet launch.
XTZ Price History 2018
XTZ was launched in the market on 2nd July 2018 at an initial price of $2.9109. The prices of Tezos kept floating between $1-$3 for a long time due to lack of exposure and negative headlines in the market due to the legal battle in 2017. By the end of the year, XTZ gained some disclosure and the prices reached close to $4. On 12th December 2018 the price of Xtz was recorded at $0.3644.
XTZ Prices in 2019
On 1st January 2019 the price of XTZ was recorded at $0.4747. This year proved to be a successful year for Tezos as it became one of the most performing altcoins in Q2 2019. This was because XTZ was popularised as the first self-amending blockchain. The price of XTZ was recorded at $1.2019 in June which was 22% higher than what it was recorded in May.
This was believed to be the start of a promising future for XTZ. By july, 2019 the price of XTZ was 200% higher than the initial ICO price. The prices remained in the range between $0.7-$1.5 for the rest of the year. At the end of the year, the price of XTZ was recorded at $1.3523.
XTZ Prices in 2020
The price of XTZ hiked up in 2020 and finally reached the much awaited $2. It was recorded at $2.0043 on 3rd February 2020. Tezos ultimate goal of complete decentralisation was ultimately achieved, and the prices started increasing gradually.
The price of XTZ was constantly increasing and skyrocketed as high as $4.4067 on 12th August 2020. The prices then showed a downward trend for the rest of the year. The technical indicators were still bullish showing a possibility of an increase. The price of XTZ had fallen and reached as low as $2.0171 by the end of the year.
XTZ Prices in 2021
2021 has proved to be one of the most successful years for Tezos. The price and market cap shows that XTZ is one of the best altcoins which has shown the possibilities of rising only higher in the next upcoming year. The experts are positive and bullish about the growth of XTZ in the crypto market.
The price of XTZ was recorded at $2.7713 at the beginning of the year and it gradually hiked to $7.5 in july. This was a major hike while all other altcoins reflected a downward trend. The coin reached its zenith when it was recorded at $15 on 21st September. On 3rd October 2021 the price of XTZ was recorded at $8.703. By the end of the year, the prices had fallen down and reached $4.4
XTZ price History 2022
Tezos continued falling, and from 4.4USD it fell to 1.01 USD at the time of updating this article (on November 16, 2022). Tezos last traded at 1USD around July 2019. It is trading at 88% below its ATH of 8.7USD.
XTZ Price Prediction 2024, 2025 to 2030
XTZ Price Prediction for 2024
XTZ Price Prediction for 2025
When | Maximum Price | Minimum Price |
January 2025 | $1.056 | $0.852 |
February 2025 | $0.960 | $0.686 |
March 2025 | $0.979 | $0.790 |
April 2025 | $0.890 | $0.636 |
May 2025 | $0.968 | $0.780 |
June 2025 | $1.064 | $0.760 |
July 2025 | $1.043 | $0.841 |
August 2025 | $1.252 | $0.894 |
September 2025 | $1.265 | $1.020 |
October 2025 | $1.150 | $0.821 |
November 2025 | $1.173 | $0.946 |
December 2025 | $1.184 | $0.846 |
In 2025, XTZ Token’s projected prices are as follows: In January, the maximum is expected to be $1.056, with a minimum of $0.852. February’s maximum is projected at $0.960, and the minimum at $0.686. March is anticipated to see a high of $0.979 and a low of $0.790, while April’s prices are projected to range from $0.890 to $0.636. May is expected to have a maximum of $0.968 and a minimum of $0.780. In June, the token is projected to reach up to $1.064 with a minimum of $0.760. July’s range is expected to be from $1.043 to $0.841. August is projected to see a maximum of $1.252 and a minimum of $0.894. September’s maximum is anticipated at $1.265, and the minimum at $1.020. October is expected to range from $1.150 to $0.821, November from $1.173 to $0.946, and December from $1.184 to $0.846.
Tezos Price Prediction for 2026
When | Maximum Price | Minimum Price |
January 2026 | $1.244 | $1.003 |
February 2026 | $1.368 | $0.977 |
March 2026 | $1.214 | $1.013 |
April 2026 | $1.492 | $1.066 |
May 2026 | $1.642 | $1.324 |
June 2026 | $1.492 | $1.066 |
July 2026 | $1.233 | $0.995 |
August 2026 | $1.121 | $0.801 |
September 2026 | $1.401 | $1.130 |
October 2026 | $1.752 | $1.251 |
November 2026 | $1.927 | $1.554 |
December 2026 | $2.158 | $1.542 |
XTZ Token Prediction for 2027
When | Maximum Price | Minimum Price |
January 2027 | $2.374 | $1.915 |
February 2027 | $2.839 | $2.435 |
March 2027 | $2.590 | $2.089 |
April 2027 | $2.849 | $2.035 |
May 2027 | $3.134 | $2.527 |
June 2027 | $2.411 | $1.722 |
July 2027 | $1.929 | $1.555 |
August 2027 | $1.495 | $1.068 |
September 2027 | $1.869 | $1.507 |
October 2027 | $2.336 | $1.668 |
November 2027 | $2.569 | $2.072 |
December 2027 | $2.878 | $2.056 |
Tezos Prediction for 2028, 2029 t0 2030
When | Maximum Price | Minimum Price |
January 2028 | $3.166 | $2.553 |
February 2028 | $2.849 | $2.035 |
March 2028 | $2.590 | $2.089 |
April 2028 | $2.829 | $2.135 |
May 2028 | $2.393 | $1.930 |
June 2028 | $2.176 | $1.554 |
July 2028 | $2.720 | $2.193 |
August 2028 | $3.508 | $2.506 |
September 2028 | $4.210 | $3.395 |
October 2028 | $3.827 | $2.734 |
November 2028 | $3.865 | $3.117 |
December 2028 | $4.329 | $3.092 |
January 2029 | $3.904 | $3.148 |
February 2029 | $4.593 | $3.280 |
March 2029 | $5.052 | $4.074 |
April 2029 | $6.014 | $4.296 |
May 2029 | $6.537 | $5.272 |
June 2029 | $7.191 | $5.136 |
July 2029 | $6.848 | $5.523 |
August 2029 | $5.707 | $4.076 |
September 2029 | $5.764 | $4.648 |
October 2029 | $7.205 | $5.146 |
November 2029 | $7.349 | $5.927 |
December 2029 | $7.496 | $5.354 |
January 2030 | $7.277 | $5.869 |
February 2030 | $7.423 | $5.302 |
March 2030 | $7.137 | $5.756 |
April 2030 | $5.948 | $4.248 |
May 2030 | $6.067 | $4.892 |
June 2030 | $5.515 | $3.939 |
July 2030 | $7.170 | $5.782 |
August 2030 | $7.241 | $5.172 |
September 2030 | $6.067 | $4.892 |
October 2030 | $7.280 | $5.200 |
November 2030 | $6.933 | $5.591 |
December 2030 | $6.303 | $4.502 |
- 2028: In January, the maximum is expected to be $3.166, with a minimum of $2.553. By December, the maximum price is projected to reach $4.329, and the minimum is expected to be $3.092.
- 2029: January is anticipated to see a maximum of $3.904 and a minimum of $3.148. By December, the token’s maximum price is projected at $7.496, with a minimum of $5.354.
- 2030: In January, XTZ Token is projected to have a maximum price of $7.277 and a minimum of $5.869. By December, the maximum is expected to be $6.303, while the minimum is projected to be $4.502.
XTZ FAQS
What is the price prediction of XTZ by 2025?
Though it is very difficult to predict the exact price of XTZ in 2025, however, as per our XTZ predictions, Tezos should range in between $0.636 to $1.265.
Is Tezos a Good Long Term Hold Coin?
As said above, XTZ is not a shitcoin. A lot of newly launched projects have recently been launched on XTZ blockchain. The ecosystem is growing. And looking at the current XTZ price, it definitely makes Tezos a good long term hold coin.
Is Tezos better than Ethereum?
XTZ is good but it would not be wise to say it is better than Ethereum. Although Tezos already uses Proof of Stake Mechanism to run its blockchain, which Ethereum is planning to do so from a long time, it is still far behind Ethereum. Ethereum is the best widely adopted decentralised blockchain that runs smart contracts. Tezos has a lot of things to do to reach where Ethereum is. However, from the investment point of view, I think both are equally good.
Should you buy XTZ Today?
If you want to buy any cryptocurrency, including XTZ, you should thoroughly DYOR. We believe in Tezos ecosystem and are bullish on it. However, the final decision to buy XTZ or not should be yours. We think it is at a great price point and could fetch good returns in future. According to us, Tezos at 0.7771 USD is a very good price to get in.
What is the price prediction of XTZ by 2030?
We are expecting XTZ to cross $7.423 USD by 2030. In terms of INR, XTZ is expected to touch 621.33.
Which are the Competitors of Tezos Blockchain?
With the present conditions and the upward trend of XTZ, it could reach 10 USD by 2031 but it’s hard to reach 10 USD by 2025
Final Conclusion: Is XTZ a good investment in 2024?
Technically, Tezos might be a good investment if you are planning to invest in altcoin for a long term. Tezos has excelled in the terms of financial performance and scalability. Adding to its excellent performance in 2021, Tezos also offers an advanced consensus protocol. The experts are completely bullish on the rise of XTZ again and would recommend it to make your crypto portfolio more interesting.
Anyone looking for instant and high returns shall not consider XTZ for an investment right now considering its average trading performance in the market. However, it is affordable and would not cause any harm to hold the coin for a little long unless it starts uprising again.
Disclaimer: The “Tezos Price Prediction 2024 to 2030” article is based on the current market condition and is only an estimate according to our analysis. This is not investment advice. Please DYOR before investing considering the unpredictability and volatility of the market. Also, some of the links mentioned here are affiliate links and we as an affiliate partner may benefit when you sign up on the trading platforms using our link.
Last updated: 27th July 2024