Tezos, a smart contract platform, has faced challenges such as lawsuits and power struggles that have led to a loss in investor trust. Its price has plummeted and it lags behind other platforms like Ethereum and Solana in adoption. However, experts believe that as the overall market sentiment turns bullish, Tezos could see a significant improvement in its price. Technical analysis suggests that Tezos is currently in a consolidation phase with potential for a short-term rebound. The platform has the potential for long-term growth due to regular updates and its fit within the decentralized finance narrative. Additionally, a partnership with Oobit and the launch of a new iOS app could make crypto payments on the Tezos blockchain smoother and more accessible. Price predictions for Tezos range from a minimum of $1 to a maximum of $7.94 by 2030, with the condition that market conditions become bullish and Tezos sees increased adoption.
- Content Editor ( cryptopolitan.com )
- 2024-09-11
Tezos price prediction 2024-2030: How high can XTZ rise?