Tezos cryptocurrency continues to attract investor attention due to increasing liquidity and updates in its DeFi space.
Tezos Trading Volume Surge
Tezos (XTZ) is trading at $0.7575, registering a 3.49% price increase in the last 24 hours. The cryptocurrency maintains a market capitalization of approximately $796.52 million, placing it at rank #94 globally. Its 24-hour trading volume has surged to $197.91 million, reflecting a 164.16% increase.
Liquidity Baking V2 Upgrade
The Liquidity Baking mechanism, designed to incentivize liquidity on-chain, has undergone a V2 upgrade. This improvement enables broader participation and deeper XTZ/token pairs across DEX platforms such as Quipuswap and Plenty.
Institutional Delegation Program
Tezos Foundation has unveiled a new staking and governance participation program for institutional clients, targeting hedge funds and digital asset custodians. This initiative aims to increase staking participation while enhancing validator decentralization.
Updates in the Tezos ecosystem and liquidity growth attract attention from both institutional and retail investors, creating positive expectations for the cryptocurrency's further growth.