Tezos is a decentralized open-source blockchain network, with its core innovations being the self-amending protocol and on-chain governance mechanism. Unlike traditional blockchains that require hard forks for upgrades, Tezos allows token holders to directly vote on protocol upgrades, enabling seamless iterations and avoiding community splits. The network employs an energy-efficient Liquid Proof-of-Stake (LPoS) consensus mechanism, allowing users to delegate tokens for validation (referred to as “baking”) without transferring asset ownership, balancing decentralization and efficiency.
On a technical level, Tezos supports smart contracts through the Michelson programming language and emphasizes formal verification capabilities, which can mathematically prove the security of the code, making it especially suitable for fields with high reliability requirements such as finance and supply chains. This feature has attracted companies like Decathlon to adopt it for developing NFT treasure hunt games, as well as Wetzikon in Switzerland for issuing electronic vouchers for pandemic assistance.
As of June 30, 2025, XTZ price At $0.538, with a market capitalization of approximately $564 million, it ranks 102nd among global cryptocurrencies. Key data is as follows:
Multiple institutions hold an optimistic outlook on the medium-to-long-term price movement of XTZ:
Tezos has become an important option for enterprise-level blockchain solutions due to its democratized governance, secure smart contracts, and low-energy architecture. The short-term price of XTZ is under pressure, but its technical advantages and real application scenarios support its long-term value. Investors should pay attention to the progress of on-chain governance upgrades and the expansion of ecological applications, as these two factors will be core variables for future price.