Tezos (XTZ) rose +5.42% within the final 24 hours, reaching $0.6493 right this moment, in accordance to market knowledge tracked this morning. The community’s workforce highlighted ongoing adoption of its Layer 2, Etherlink, as a key issue behind renewed ecosystem exercise.
The transfer pushes Tezos’ market cap to $691.2M, putting it again among the many stronger mid-cap performers this week. Builders say Etherlink’s EVM compatibility is accelerating real-world asset (RWA) use circumstances, with institutional companions testing tokenization pilots for commodities and monetary devices. Latest traction consists of DeFi protocols increasing to Tezos and elevated builder exercise following the most recent community improve.
Tezos core contributors signaled upcoming milestones for Etherlink, together with additional RWA integrations and new liquidity initiatives anticipated earlier than year-end. Market individuals will probably be watching whether or not continued adoption interprets into sustained community utilization and helps XTZ value stability.
Supply: https://coinmarketcap.com/currencies/tezos/
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