The Native Token of Tezos Blockchain, XTZ Reached a New High

by in Cryptocurrency News

Tezos new all time high

In the last 7 days, the native token of the Tezos blockchain, XTZ saw a price increase of over 36% and reached a new all-time high of $9.18.

The token ranks 24th with a market cap of over $7.5 billion.

Recently, Tezos's popularity has been growing among developers. On September 8, famous American rapper Doja Cat launched her first NFT collection on Tezos. The collection includes around 26.000 limited edition collectibles, the prices of which started from $5. The release was done through the environmentally-friendly platform OneOf, created for the musical industry mainly.

On the same day, another project, Homebase launched on Tezos. It's a tool that allows deploying DAOs (decentralized autonomous organizations) for DeFi, NFT, and other apps.

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On October 1, Tezos issued its bi-annual report, which indicates that during September there were 5.800.000 smart contract calls on the network. The blockchain crossed the 20 million called smart contract milestone in total.