Tezos Price Prediction: Is XTZ Crypto a Good Investment?

June 19, 2024

Price Prediction

Sean Korbett

Tezos (XTZ) is an open-source, community-governed blockchain supporting complex smart contracts that enjoy censorship resistance, decentralization, and user control. Tezos maintains a form of on-chain governance that doesn’t require hard forks, meaning the protocol can upgrade gracefully over time. Tezos was developed in 2014, and its native coin, XTZ or Tezzie, was launched in 2017, instantly becoming one of the most popular cryptocurrencies. How will Tezos develop in the future? Discover Tezos price prediction in StealthEX’s latest article.

Tezos (XTZ) Overview

Tezos is a developing blockchain network that has had a significant effect in the cryptocurrency space. It is the first blockchain network to implement the self-amending protocol. Tezos also uses a systematic procedure to incorporate changes in the protocols.

Tezos validates transactions by baking rather than staking. The delegation framework that underpins Tezo’s baking system differs from regular Proof-of-Stake (PoS) consensus as well as Delegated Proof-of-Stake (DPoS) blockchains. Traditional DPoS consensus requires delegation for the blockchain to reach consensus. Delegation is typically the most convenient way to engage in the Tezos ecosystem, but it is not necessary for consensus. This discrepancy has led the Tezos community to refer to the platform’s consensus as liquid staking, as opposed to DPoS.

Tezos promises to provide a stable and secure infrastructure for the creation of a wide range of decentralized solutions, including financial services and non-fungible tokens (NFTs). Its novel approach to protocol enhancement and stakeholder governance, along with the possibility of lower energy consumption, distinguishes it as a forward-thinking player in the blockchain ecosystem.

Tezos is a relatively old project: In 2014, a position paper written under the pseudonym L.M. Goodman revealed the creative idea of Arthur and Kathleen Breitman, introducing a brand-new cryptocurrency platform called Tezos. Tezos launched in June 2018 as one of the world’s first major Proof-of-Stake networks. The innovative concept was described in the official white paper; at its heart, XTZ powers smart contracts that allow users to develop on the blockchain and incorporate active governance features that offer token holders a voice unmatched by any previous cryptocurrency project.

Tezos Features

Tezos Games platform offers a number of features within the cryptocurrency space:

1. Market assessment. Tezos uses better algorithms and mathematical calculations for better analysis and assessment of the market trends. 
2. Passive income. Proof-of-Stake agreement policy provides a passive earning source. In addition, Tezos provides better return as it develops chances of gaining incentives through staking.
3. Decentralized governance. With a fully decentralized operational model, Tezos uses XTZ token to perform governance within the chain, allowing stakeholders to propose, discuss, and vote on network enhancements without the need for a central authority or disruptive forking.
4. Forkless upgrades. Tezos has an advantage compared to other blockchains because it can upgrade without having to interrupt services to Tezos users. 
5. Energy efficiency. The Tezos blockchain’s low energy consumption and its environmentally-conscious architecture make it quite different from other blockchain platforms. 

Tezos Price Chart

CoinMarketCap, June 19, 2024

Tezos Price History Highlights 

• 2017: Tezos (XTZ) has been in the market since July 2017. It was first traded in the cryptocurrency exchange in October 2017 with $1.66 per coin.
• 2018: By the start of June XTZ was about to reach $6. However, this was followed by yet another crash at the start of July, which saw XTZ’s price fall by 70% in a week, and after a more steady decline, XTZ ended 2018 below $0.50. XTZ has a lowest price of $0.3146, which was reached on December 07, 2018.
• 2019: 2019 was more successful for XTZ – between March and May, the price surged back up to $1.75. It dipped below $1 again at the start of July and this was followed by three months of consolidation. XTZ rallied again in November and finished the year trading at $1.33, representing gains of around 185% since the start of the year.
• 2020: In 2020, XTZ price continued surging and had almost tripled by mid-February. This was followed by a sharp decline, which saw Tezos crashing by almost 50% in a single day in March to bottom out at $1.30. This marked the start of a period of growth, and by the middle of August, XTZ had climbed to over $4. It crashed again around the start of September and ended in 2020 at a price of $2.
• 2021: The gains resumed in 2021, driven by overall favorable market conditions; and by the start of April, Tezos had risen by more than 170% to around $5.50. In October 2021, Tezos also reached its all-time high of $9.18.
• 2022: Although the Tezos blockchain had a successful 2021, it struggled in 2022, losing more than 80% of its value.
• 2023: After peaking near $9 in October 2021, XTZ witnessed a decline of over 90% by early September 2023.
• 2024: During the bull run in March 2024, Tezos went up to $1.52, but very soon dropped again. At the moment, its price hovers under $1, fluctuating from $0.7 to $0.8.

Tezos Price Prediction

XTZ Price Prediction 2024

DigitalCoinPrice experts expect that in 2024 Tezos coin’s price can drop to $0.64 (-11%) at its lowest point, while at its highest point it can reach $1.58 (+117%).

PricePrediction crypto analysts believe that in 2024 Tezos coin will rise: it’s expected to cost $1.19 (+64%) at its low, while at its maximum Tezos will rise to $1.38 (+90%).

Telegaon crypto experts anticipate that the minimum lowest price XTZ can hit in 2024 is $1.84 (+153%) vs its maximum price of $3.07 (+323%).

Tezos Price Prediction 2025

According to DigitalCoinPrice, the price of Tezos will continue going up. Based on the experts’ forecasts, in 2025, Tezos might reach $1.87 (+158%) per coin at its highest point. Its lowest price might drop to $1.55 (+113%).

Based on the experts’ forecasts at PricePrediction, in 2025, XTZ crypto can go to $1.7 (+134%) as its lowest price and rise to $2.06 (+184%).

According to Telegaon, the lowest price of XTZ can drop to $3.12 (+330%), while at its peak it can reach $5.19 (+616%).

Tezos Price Prediction 2030

According to DigitalCoinPrice, by 2030 XTZ will see a lowest price of $4.86 (+570%), while at its peak it might go as high as $5.39 (+643%). 

According to PricePrediction, in 2030 Tezos will make significant progress: its lowest price will hit $10.9 (+1,403%), while at its peak it might reach $13.13 (+1,711%).

Analysts at Telegaon think that by 2030, Tezos is going to go to $15: $14.51 (+1,901%) at its peak. The minimum price it’s going to trade at is set at $16.33 (+2,153%).

Tezos Price Prediction 2040

PricePrediction believes that by 2040, XTZ coin is going to reach unbelievable price levels: $645.24 (+76,948%) per coin at its lowest point vs $788.05 (+108,626%) per coin at its peak.

According to Telegaon price predictions, by 2040 Tezos crypto will continue further rising in price. This website believes that the coin can go as high as $65.94 (+8,997%). It can also drop in price to a minimum of $54.72 (+7,449%) per coin.

Tezos Price Prediction: Experts’ Opinions

Tezos takes a different approach to governance than many other blockchains, encouraging participants in the core development of the blockchain. Its users can submit protocol modifications and attach invoices to obtain incentives if the upgrades are approved. This strategy encourages Tezos developers to be creative and build a better environment. It’s also an excellent strategy to keep the network decentralized.

Another unique feature of the Tezos project is the ability for any stakeholder to generate on-chain bounties. This accelerates network development while allowing possible flaws to be identified and remedied easily and quickly.

As a result, the technical background for XTZ crypto is quite solid. In addition to that, Tezos utilizes formal verification to ensure the validity of smart contracts on the blockchain and avoid bugs that other projects like Ethereum have encountered.

In connection with this, many analysts believe that Tezos is seriously underrated. While it does face some competition from new smart contracting platforms like Cardano, Polkadot, Cosmos, Solana, Avalanche, Fantom, Binance Smart Chain, etc., as well as Ethereum’s clear first-mover advantage, websites like CoinMarketCap, believe that by 2030, Tezos coin might reach an average price of $38 and a peak price of $48.

Tezos USDT Price Technical Analysis

Tradingview, June 19, 2024

Now that we’ve seen possible price predictions for Tezos, let’s find out a bit more about the factors that can influence its price.

Factors Affecting XTZ Coin Price

There are many factors that influence the price of XTZ. These include overall market trends, investor sentiment, regulatory news, and macroeconomic considerations. For example, the announcement of a new collaboration or feature may result in a price hike. Conversely, unfavorable news or market sentiment can cause a price drop.

Technological advancements and protocol enhancements can also serve as positive drivers, potentially increasing Tezos demand and value over time. Ongoing modifications to the self-adjusting protocol on the Tezos network may have a big impact on market mood and the XTZ price.

When assessing Tezos coin as an investment, keep the following considerations in mind:

• Utility;
• Market sentiment;
• Technical developments;
• Partnerships and collaborations;
• Regulatory environment.

Risks and Opportunities

Tezos has proven to be able to successfully upgrade the protocol. The network has completed ~10 protocol upgrades since mainnet launch. The future proposed upgrades looking in Tezos look to improve scalability, privacy, consensus, smart contracts, and governance.

Tezos’ versatility and dependability make it a compelling option for risk-averse investors. Tezos’ community-governed, open-source blockchain network creates a transparent and inclusive ecosystem in which users and stakeholders can actively participate. It also promotes itself as a reliable and secure option for anyone wishing to make a long-term investment due to its emphasis on security and smart contract capabilities. Tezos takes a forward-thinking approach to blockchain technology, supporting non-fungible tokens (NFTs) and adopting a revolutionary on-chain governance architecture that fosters a flexible and dynamic investing environment.

Despite this, Tezos was at one point facing four class-action lawsuits and interest from the SEC, however, the separate lawsuits have since been consolidated into one under lead plaintiff Arman Anvari. Arthur and Kathleen Breitman are accused of violating U.S. Securities and Exchange Commission (SEC) regulations by selling unregistered securities in the U.S. The Breitmans argue that the ICO was conducted by the Tezos Foundation based in Switzerland. As of March 20, 2020, the Tezos Foundation has moved to settle its $25M consolidated class-action lawsuit. The foundation says it has chosen to settle due to the time and financial expense incurred and denies any wrongdoing. 

Aside from Tezos’ internal legal troubles, digital assets still face legal uncertainty at large, not to mention their high volatility and unpredictability.

Is Tezos a Good Investment?

It could be within the frames of the crypto market. Tezos is a safe, future-proof, decentralized blockchain network that regulates itself by becoming a digital commonwealth.

How High Can Tezos Reach?

In theory there’s no limit on how high it or any other non-stable coin can go, however, most predictions place Tezos within the $5 range within the next few years.

What Is the Tezos Price Prediction for 2024?

According to PricePrediction, in 2024 the highest price XTZ is going to reach will be $1.38.

What Is Tezos Worth in 2025?

If we are to believe PricePrediction experts, in 2025 Tezos will cost $2.06 at its peak.

How Much Will Tezos Be Worth in 5 Years?

According to PricePrediction, in 5 years Tezos can reach $6.06 as its maximum price.

What Will the Price of Tezos Be in 2030?

Telegaon analysts think that in 2030, Tezos will reach $16.33 at its highest point.

What Is the Price of Tezos in 2050?

According to Telegaon, in 2050, Tezos’s maximum price can hit $127.12.

Will Tezos Reach $100?

According to industry experts, it might be possible after 2040.

Is Tezos Worth Holding?

It might be worth holding. Tezos has strong fundamentals, it’s been on the market for many years, and the project has made a lot of partners within the crypto field and outside of it.

Conclusion

Tezos stands at the cutting edge of innovation and practicality, providing a striking insight into the revolutionary potential of decentralized ecosystems. The Tezos blockchain network is designed to adapt to the needs of its users on a constant basis thanks to its powerful decentralized governance process and self-amendment technology. Adaptability may be the defining characteristic of this blockchain that can help it develop and achieve higher price levels as a cryptocurrency.

Where and How to Buy Coin: Quick-Step Guide

StealthEX is here to help you buy Tezos (XTZ) if you’re looking for a way to invest in this cryptocurrency. You can buy XTZ privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to XTZ. 
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.