Tezos (XTZ) is a blockchain network based on smart contracts. It is more advanced because it can evolve without the danger of a hard fork. Its platform allows users to participate actively in amendment decisions. When users open wallets, they are enabled to participate in the blockchain. Stakeholders can participate in governing upgrades. It is built to adapt over time with a combination of its upgradability and top-tier security measures.
Tezos Price Expectations
Tezos is traded on various exchanges by millions of investors worldwide. Since its creation, Tezos has been competing strongly against rival cryptocurrencies. Tezos proved itself by surviving the bear market. It performs consistently and quickly recovers any lost value, making it one of the top currencies.
The price of XTZ more than tripled between October 2019 and February 2020.
While XTZ still occasionally hits around $2, 2021 has been a good year for Tezos. It has often peaked between $5 and $9 in 2021, with the price hitting $9.19 on October 3, 2021.
Thus far, the highest that the Tezos price has reached is $12.19 on December 17, 2017. However, it didn’t stay that high for long.
Analysts expect the average price to increase annually based on the consistency and reliability of Tezos. Estimation accuracy ranges from approximately 70% to nearly 100%. Tezos expectations for 2022 range from $2.72 in August to $5.67 in December. However, the long-range Tezos price expectation is for it to skyrocket to over $10 by the year 2025.
Tezos Price Euro
Tezos has become a favorite to power the digital Euro. In 2020 the French Central Bank chose XTZ for its digital euro trials in France’s endeavor to be the first country to develop a Central Bank Digital Currency. And its December 2021 launch on the German exchange now brings XTZ to investors across 16 (out of 27) European Union countries.
In July of 2018, Tezos hit the market at €3.93 and has mainly seen a steady increase. It did launch during a bear market, which was unfortunate. Thus, it dropped to €0.27 on December 7, 2018, and took until April of 2019 to move upward again. It dropped down again to $1.43 on May 18, 2019.
However, the XTZ euro value skyrocketed in 2020. While it did drop down to €1.10 when Covid-19 hit, it picked back up again. We saw Tezos peak at €6.25 in May 2021 and again in October 2021 where it hit an all-time high of €7.19. Despite the general downward trajectory in November 2021, Tezos is gaining popularity in European markets and is expected to make a comeback.
Tezos price graph
The Tezos price graph can be found at the top of the page. The graph shows the Tezos price from the last 12 months.