Tezos (XTZ) is once again in the spotlight, jumping over 112% in the last in the last month.
This fresh rally is tied closely to two major developments: the expansion of its Etherlink Layer 2 ecosystem and increasing institutional attention—fueled largely by Mida’s cutting-edge tokenized products.
Also Read : Tezos Price Prediction 2030 !
Tezos Price Momentum
As per Coinpedia, Tezos (XTZ) is currently trading at $1.06, with a circulating supply of approximately 1.05 billion tokens (1,051,667,690.55 XTZ).
XTZ reached its all-time high of $9.12 on October 4, 2021, while its all-time low stands at $0.3505, recorded on December 7, 2018.
DeFi Confidence Rebounds as TVL Climbs
Backing the price action is a visible spike in Tezos’ DeFi activity. The Total Value Locked (TVL) has surged 8% to reach $45.43 million. This is especially significant given the platform’s months-long stagnation. The uptick indicates a wave of renewed investor confidence and capital inflow, directly reflecting the price and volume surge.
Institutional Spark: Etherlink and Mida Drive Growth
Tezos’ Etherlink Layer 2 solution, combined with Mida’s tokenized financial products, has created a compelling narrative for institutions seeking compliant and scalable DeFi exposure. The synergy is drawing attention to Tezos as a serious contender in the next wave of DeFi growth.
On July 19, XTZ trading volume stood at a modest $80 million. A day later, it skyrocketed to $1.45 billion—a dramatic leap signaling heightened market interest.
However, the spike appears to have been short-lived, as volume has since dropped to $680.36 million. If the declining trend continues, XTZ may face difficulty maintaining its position above the crucial $1 support level in the near term.
Tezos Price Prediction
Despite near-term uncertainties, analysts maintain a bullish long-term outlook.
With strong DeFi foundations, institutional adoption, and technical expansion, Tezos could realistically aim for a price target of $9.36 by 2030—an impressive leap from current levels.
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