Why Buy Tezos (XTZ)
Buying Tezos (XTZ) is an attractive choice for those seeking diversification in their crypto portfolio. It was one of the first Proof-of-Stake blockchains to be founded and, for a long time, was the only alternative to Ethereum in the programmable network landscape.
Tezos was launched through one of the most successful Initial Coin Offerings (ICOs) in history, through which the team raised around $37 million.
Another reason to buy Tezos is that it is a forerunner of DeFi. The team was responsible for the invention of some of the pillars of this industry, such as wrapped tokens, smart contracts that allow a cryptocurrency to be used even on blockchains where it is not native, and cross-chain swaps.
Tezos is also a project that has adapted and grown over time through constant and innovative updates. Recently, significant developments have been made with the introduction of scalable solutions such as smart rollups, which reduce block validation time to just 15 seconds. Furthermore, the network has integrated Google Cloud as a validator and introduced significant improvements through protocols such as Oxford 2 and Paris that have significantly increased transaction efficiency, consolidating Tezos’ position in the cryptocurrency market. With these innovations, Tezos is preparing for a robust and resilient future, which makes the project increasingly attractive to long-term investors.
Price performance of XTZ
Tezos has gone through a path of considerable volatility since its launch, going from
rapid post-ICO increases to sharp corrections, particularly after the 2021 peak. In 2024, the cryptocurrency benefited from major network upgrades – such as Oxford 2 and Paris – that improved transaction efficiency and scalability through, for example, the reduction of block times to 10 seconds and introduction of the Data Availability Layer. These innovations helped stabilise the price of XTZ, which, despite market fluctuations, showed signs of resilience and a modest upward trend, reinforcing investors’ confidence in the project and its long-term potential.
What is Tezos (XTZ), and how was it born
Tezos is a blockchain platform designed to develop decentralised applications and smart contracts. It stands out from other networks primarily due to its unique Proof-of-Stake consensus mechanism, known as Liquid Proof-of-Stake, and its capability to create various types of native tokens.
Additionally, Tezos was developed modularly, allowing for updates without hard forks. The platform was founded by Arthur Breitman, a software engineer with experience at Goldman Sachs and Morgan Stanley, and his wife, Kathleen Breitman. It launched in 2017 through a highly successful initial coin offering (ICO).
Although it is considered part of the ‘old guard’ of blockchain projects, Tezos continues to evolve and attract the interest of enthusiasts, which may present compelling reasons to consider investing in Tezos (XTZ).
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