Tezos (XTZ) Live Price in Rial and USD – Chart & Market Info
Last Update: Friday 5 December 2025, Time: 12:00 (UTC+3:30)
Tezos (XTZ) Market Rank: 90
Market Cap: 530,133,325
24h Volume: 20,662,462
Max Supply: -
Total Supply: 1,087,672,464
Issue Date: 6 October 2017
🔗 Introduction to Tezos (XTZ)
Tezos is an open-source, self-upgradable blockchain platform launched in 2018 by Arthur and Kathleen Breitman. It aims to provide a secure, scalable, and upgradable infrastructure for smart contracts and decentralized applications (dApps).
The native token of the network, XTZ, is used for transaction fees, staking, and participating in network governance. Tezos employs a Liquid Proof-of-Stake (LPoS) consensus mechanism, enabling users to contribute to network security and decision-making.
Key Features
- On-chain governance: Community voting mechanism for protocol upgrades without hard forks.
- Smart contract support: Utilizes a specialized programming language called Michelson.
- High security and scalability: Modular architecture with regular updates to enhance performance.
- Eco-friendly: Low energy consumption compared to Proof-of-Work (PoW) networks.
Use Cases
- Development of decentralized applications (dApps) and smart contracts.
- Creation and management of non-fungible tokens (NFTs) and digital assets.
- Participation in network governance through XTZ token voting.
- Staking and earning rewards via the Baking process.
Challenges
- Competition with other smart contract platforms like Ethereum and Polkadot.
- Need to attract more developers and projects to expand the ecosystem.
- Increasing public awareness and adoption for sustainable growth.
Tezos offers an innovative approach in the blockchain space with its on-chain governance and upgradeability without hard forks, positioning itself as a promising platform for future developments.
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