Tezos Price
xtzRank #152
$0.2298
+0.79% · 24h
24h
+0.79%
7d
+3.64%
30d
+16.07%
1y
-67.35%
24h range
$0.2234 — $0.2380
Current price sits 44% of the way up today's range.
Tezos chart
Tezos price history
$0.2300
▲ 4.74% · 7D
Snapshot · last 12 months
| Date | Price |
|---|---|
| Sep 4, 2026 | $0.2300 |
| Aug 6, 2026 | $0.1967 |
| Jul 7, 2026 | $0.2489 |
| Jun 7, 2026 | $0.2449 |
| May 8, 2026 | $0.3758 |
| Apr 8, 2026 | $0.3616 |
| Mar 9, 2026 | $0.3899 |
| Feb 7, 2026 | $0.4461 |
| Jan 8, 2026 | $0.5673 |
| Dec 9, 2025 | $0.4929 |
| Nov 9, 2025 | $0.6473 |
| Oct 10, 2025 | $0.6775 |
| Sep 10, 2025 | $0.7212 |
Tezos (XTZ) is a proof-of-stake layer-1 blockchain known for on-chain governance and self-amendment, meaning it can upgrade its own protocol without contentious hard forks. XTZ is used for staking, fees and voting on protocol changes.
- — Self-amending layer-1 that upgrades via on-chain governance instead of hard forks
- — Liquid proof-of-stake lets holders delegate to bakers while keeping custody
- — Emphasizes formal verification, appealing to institutions and tokenized assets
- — Etherlink layer-2 and real-world-asset issuance are key growth levers
What is Tezos?
Tezos is a layer-1 smart-contract blockchain launched in 2018 that pioneered on-chain governance and self-amendment. Rather than splitting into competing chains during upgrades, Tezos lets stakeholders vote on protocol changes that are then automatically deployed, allowing the network to evolve without hard forks. It uses a liquid proof-of-stake model and emphasizes formal verification, a mathematical approach to proving contract correctness that appeals to institutions and higher-assurance applications such as tokenized assets.
How does Tezos work?
Tezos secures itself through liquid proof-of-stake, where validators called bakers lock XTZ to produce and attest blocks, and holders can delegate stake without giving up custody. Bakers earn newly issued XTZ and fees, distributing rewards to delegators. Governance runs in structured cycles: proposals are submitted, tested on a temporary fork, then adopted if approved. This built-in upgrade path has delivered numerous protocol amendments improving throughput, smart contracts and the Etherlink layer-2 rollup.
What drives the XTZ price?
XTZ price reflects staking demand, developer activity and the pace of protocol upgrades. Inflationary issuance rewards stakers but adds sell pressure, so the balance between staking participation and new supply matters. Catalysts include adoption of Etherlink, tokenized real-world assets issued on Tezos, NFT and gaming activity, and successful governance amendments that improve performance. Broader layer-1 competition and overall market cycles also weigh heavily, since Tezos competes with many faster-growing smart-contract platforms.
Risks to consider
Tezos faces intense competition from larger layer-1 and layer-2 ecosystems that have attracted more developers, liquidity and users. Despite technical strengths, network usage and total value locked have lagged rivals, and the token trades far below prior highs. Ongoing XTZ issuance dilutes non-stakers, and governance participation can be concentrated among large bakers. Execution on Etherlink and real-world-asset traction remains unproven at scale.
Tezos FAQ
Is Tezos a good investment?
Tezos offers distinctive on-chain governance and formal verification, but it competes in a crowded layer-1 market and has seen usage lag larger rivals. Staking yield offsets some inflation, yet price depends on adoption. Weigh those trade-offs and risks; this is information, not financial advice.
Can you stake XTZ?
Yes. XTZ holders can bake by running a validator or delegate their stake to a baker without transferring custody. Delegators share in newly issued XTZ rewards, typically several percent annually, minus the baker's fee.
How is Tezos different from Ethereum?
Tezos upgrades itself through on-chain voting that deploys changes automatically, avoiding hard forks, and it stresses formal verification. Ethereum coordinates upgrades off-chain and has a far larger ecosystem, liquidity and developer base.
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Price data by CoinGecko, last refreshed . Figures are indicative, refresh about every 30 minutes, and may lag exchange rates. Read our methodology and disclaimer. Nothing here is financial advice.