Price prediction Tezos 2021

Tezos Price Prediction for 2021 till 2025 | Forecast & Targets Tezos

The Tezos blockchain platform is being further built to be secure in the long run, with the option of making things easily upgradeable. The goal is to also be able to use the smart contracts for high-value matters. What is certain is that the team is continuously developing further, the project has now been around for several years and is developing continuously.

The $ 232 million ICO in 2017 was one of the 10 greatest ICOs of all time. After an initial drop in 2018, the Tezos coin (XTZ) has started to climb steadily, reaching a nice high in August 2020 at a value of $ 3.8. After a short decline, XTZ is currently on the rise, just like Bitcoin. Let’s see if now is the time to invest in Tezos.

Apart from the initial drop in 2018, the price of XTZ has turned out to be very stable. The popularity of the discontinuation has certainly contributed to the significant price increases in 2019 and 2020. It is therefore generally expected that XTZ will continue to rise steadily in the further future. However, there is little evidence of massive exponential growth. 

A stable system

Because of the open sourcing network, different visions can lead to a hard split of a crypto, as has happened several times in the Bitcoin community, for example. This creates new competing coins, which may pull the value of the original coin down. Tenzos overcomes this hard splitting problem by letting the network participants decide on protocol changes using 4 rounds of voting. For example, in 2019 a decision was taken on the Babylon 2.0.1 upgrade, which brought a newer version of the consensus algorithm and simplified the process of smart contracts.

Although Tezos was initially started by the couple Arthur and Kathleen Breitman, it is now mainly the Tezos Foundation that guarantees the further success of the network. The Tezos Foundation is a Swiss foundation supervised by the Swiss Federal Foundation Supervisory Authority. Its purpose is to promote the Tezos protocol through grants and other capital power.

Safety

Although Tezos, like Ethereum, relies on smart contracts, where transactions are traceable and irreversible, it has made every effort to increase security even further. Tezos developed its own smart contract language for this: Michelson. The delegated proof of stake system not only guarantees optimal security, the yield from staking is one of the highest among all cryptos. The strike system is also very accessible. No special hardware is required and thanks to a partnership with Coinbase, anyone can participate in the XTZ staking in a few clicks.

The future of Tezos

For example, the team behind Tezos is busy with new innovations, which is very positive for the future. The Tezos future prize will also be completely awaiting how all these points mentioned above will be realized by the team behind it. In any case, the plans and expectations for 2021 – 2025 look good. Many are therefore already choosing to step in for the expectations of 2021.