- Tezos surges 6.72% daily, extending a 40.13% monthly rally amid speculation over upcoming protocol upgrades.
- Etherlink Layer 2 attracts gaming and DeFi projects, with major funding rounds boosting Tezos’ ecosystem activity.
Tezos (XTZ) is trading at $0.8737, marking a 6.72% daily increase and bringing its market capitalization to $921.31 million with a 24-hour trading volume of $138.94 million.
Over the past month, XTZ has surged 40.13%, fueled by renewed market interest and speculation about upcoming protocol upgrades. However, the asset remains 31.96% down year-to-date, reflecting the lingering effects of its long-term bear market from previous highs of over $12.
From a technical perspective, Tezos is recovering from a deep retracement phase, with price now trading well above its July lows.
ETHNews analysts point to a potential double-bottom reversal pattern forming on the daily chart, which, if confirmed, could target the $1.05–$1.10 resistance range in the short term. Momentum indicators suggest bullish sentiment, but Tezos still faces strong resistance levels before confirming a full trend reversal.
In the Tezos blockchain ecosystem, the network continues to make strategic moves to expand its developer base and NFT presence. The launch of Etherlink, a Layer 2 EVM-compatible rollup built on Tezos, is attracting attention from game developers and DeFi projects seeking scalable, low-fee environments.
Notably, John Smedley’s studio recently raised $30.5 million to develop a new blockchain-based shooter game on Etherlink, signaling increased gaming activity in the Tezos ecosystem.
Tezos X-Plained: @Etherlink 🔗
An EVM-compatible, non-custodial L2 powered by Tezos Smart Rollups technology.
It scales throughput, connects seamlessly with Ethereum tools, and is governed by Tezos bakers.
All part of the Tezos X vision.
Learn more 🎥👇 pic.twitter.com/wNmeWP5Nq8
— Tezos (@tezos) August 11, 2025
One of the latest developments comes from Midas, a tokenization firm that has introduced two new DeFi products — mMEV and mRe7YIELD — on Etherlink, Tezos’ EVM-compatible Layer 2 rollup. These products aim to deliver institutional-grade, market-neutral DeFi exposure, marking a push to attract professional investors into the Tezos ecosystem.
In the payments space, Lyzi, a Tezos-based crypto payment service, recently raised $1.4 million to expand its retail offering, signaling growing adoption of Tezos as a settlement layer for everyday transactions. This move reinforces Tezos’ appeal in real-world commerce, where low fees and sustainability remain competitive advantages.
Tezos is also making waves in RWA tokenization. The launch of Uranium.io by Trilitech, in partnership with Archax and Cameco, has brought tokenized uranium oxide (U3O8) to the blockchain. This initiative enables retail investors to access uranium markets — traditionally limited to large institutional players — and demonstrates Tezos’ capacity to host innovative commodity-backed assets.
From an adoption standpoint, Tezos maintains a strong foothold in the art and collectibles market, recently participating in Art Basel in Basel to showcase blockchain-based digital art experiences. Its ongoing integration with traditional art institutions and major NFT marketplaces continues to position it as a leader in the intersection between culture and blockchain.
Tezos co-Founder, Arthur Breitman (@ArthurB) on the topic of minting on Tezos L1 and then bridging to L2s (e.g. Etherlink, Tezlink, Jstz) — at TezDev 2025 🙌 #Tezos #Etherlink pic.twitter.com/V4NbaJFIXt
— Kevin Mehrabi (kevin.tez) (@KMehrabi) August 12, 2025
Looking ahead, XTZ’s price trajectory will depend heavily on the success of Etherlink adoption, NFT ecosystem growth, and whether the network can attract high-value DeFi protocols to compete with larger smart contract platforms.Â
A breakout above $1.10 could set the stage for a more extended rally toward $1.50 by late 2025, while a rejection at current resistance might bring consolidation back toward $0.80.
