Tezos (XTZ) surged by 30% to hit a four-month high of $0.38, a level not seen since May, before stabilizing around $0.34. Trading volume exploded by 878% to reach $68 million, signaling sustained activity and growing capital flows. The recent launch of Tezos’s post-quantum code on an experimental network featuring 12 bakers and 14 DAL nodes also contributed to this momentum by attracting new users, which grew from 573 to 608, while daily transactions jumped to 121,000. Open Interest climbed 44% to $18.1 million and derivatives volume surged 272% to $58 million, suggesting a return of risk appetite. In the short term, Tezos could target $0.5 if demand holds, but elevated speculation also exposes the price to high volatility with a risk of dropping below $0.3.
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