Should You Buy Tezos in 2025?

Tezos at a glance

How much does 1 Tezos cost?

The price of Tezos is up this week. Currently trading at CA$1.22, XTZ has seen a 2.8% gain over the last 24 hours and a positive movement of 7.4% for the past week.

Tezos holds a market cap of CA$1.18 billion, with a 3-month average daily trading volume around CA$38 million. Ranked 65th by total market cap, Tezos has approximately 964 million XTZ in circulation, representing 0.07% of the total crypto market.

Given Tezos’s recent fluctuations, its potential may appeal to Canadian investors seeking dynamic opportunities in the crypto space.

Our complete review of the Tezos cryptocurrency

Have recent analyses of Tezos truly mapped the extent of its renewed potential amid 2024’s shifting crypto landscape? Leveraging comprehensive on-chain analytics, multi-timeframe technical signals, evolving macro drivers, and in-depth competitive benchmarking—synthesized via our proprietary quant models—we have dissected Tezos’s trajectory over the past three years. So, why might Tezos represent a strategic re-entry point for smart contract and institutional-grade blockchain ecosystems as 2025 approaches?

3. Recent Performance and Market Context

4. Recent Price Action

Entering Q2 2024, Tezos (XTZ) trades around 0.96 USD, posting a YTD gain of nearly 22% after rebounding from multi-month lows near 0.75 USD seen earlier this year. The token has recaptured medium-term moving averages, reflecting revived interest from both retail and emerging institutional players. Short-term volatility remains elevated, yet the drawdown vs. previous cycle highs now appears to consolidate within a well-defined accumulation range.

4. Recent Positive Developments

• Major protocol upgrades: The launch of the Oxford 2 and Nairobi protocol updates, integrating enhanced scalability (Smart Rollups), lower gas fees, and new privacy-preserving functionalities.
• Ecosystem traction: Key DeFi platforms like Plenty, MadFish, and SpicySwap are showing record TVL since Q3 2023, while the NFT vertical—spearheaded by fxhash and Teia—has seen consistent user onboarding.
• Strategic partnerships: New institutional collaborations (e.g., with Ubisoft, Societe Generale-Forge, and the EU Blockchain Services Infrastructure) confirm the narrative of enterprise adoption and regulatory trustworthiness.
• Sustained developer activity: Tezos maintains one of the fastest upgrade cycles in the sector (~3-4 months per protocol update), supporting rapid innovation and ecosystem resilience.

4. Macro and Sector Tailwinds

• Favourable regulation climate: The evolving MiCA framework in Europe, alongside constructive stances in North America (notably in Canada), support institutional engagement and new onramp avenues.
• Rising smart contract demand: Increased institutional and sovereign interest in Proof-of-Stake, self-amending platforms with robust on-chain governance mechanically plays to Tezos’s core strengths.
• DeFi recovery: As the sector rebounds from late-2022 lows, scalable and energy-efficient networks like Tezos are positioned to capture outsized value flows from both legacy and emerging DeFi stack layers.

3. Technical Analysis

4. Crypto Metrics

• RSI: Currently oscillating between 53 and 58, XTZ maintains healthy, non-overbought momentum—consistent with sustained accumulation after a multi-month consolidation.
• MACD: A bullish crossover detected on the weekly time frame, with the histogram turning positive—a classic precursor to trend reversals in digital asset markets.
• Moving averages: The 50-day EMA (~0.91 USD) has crossed above the 200-day EMA (~0.89 USD), signaling trend strengthening and validating the recent price uptrend.

4. Key Support and Bullish Reversal Signals

• Primary support: 0.89–0.91 USD (50-day and 200-day EMA, previous cycle lows).
• Secondary support: 0.83 USD (multi-year pivot, high-volume node on on-chain metrics).
• Major resistance: 1.15–1.22 USD (local top, order block from early 2024).
• Volume clusters: Notably expanding since late Q1 2024—indicative of renewed market participation and sustained demand absorption.
• Momentum outlook: Triple bottom and ascending triangle structures on the daily chart imply mounting breakout potential, with target zones extending towards 1.40 USD in the medium term.

3. Fundamental Analysis

4. Expanding Adoption & Strategic Growth

• Adoption curve: Over 2.4 million active accounts (May 2024), with 13% YoY growth. Active contract deployments exceed 5,800 monthly.
• Institutional validation: Partnerships with mainstream corporates and regulated financial entities reinforce investor confidence.
• Ecosystem expansion: Funding initiatives (Tezos Foundation, Trilitech) are onboarding leading DeFi, gaming, and NFT projects, providing multiyear runway for innovation.

4. Attractive Relative Valuation

• Market cap: 925 million USD—trailing major L1 peers and underscoring expansion headroom.
• FDV: 956 million USD, indicating controlled token emission and minimal inflationary pressure relative to circulating supply (96.7% of FDV realized).
• TVL: Surpassing 87 million USD in aggregate, the highest since mid-2022—a signal of increasing on-chain capital efficiency.
• Relative to peers: At 0.96 USD per token, Tezos trades at a meaningful discount compared to more crowded L1s (Solana, Avalanche), with lower risk of excessive speculative froth.

4. Structural Advantages: Innovation, Community, Differentiation

• Self-amending protocol: Tezos’s unique on-chain governance model enables seamless, frictionless upgrades—minimizing hard fork risks and maximizing network resilience.
• Sustainability: Industry-leading Proof-of-Stake model consumes
• Active community: Over 5,200 monthly code contributors and one of the sector’s most responsive testnet/user feedback loops.
• Differentiation: Advanced rollup adoption (Smart Rollups), native privacy (zkEVM R&D), and cross-chain integration (Ethereum, Cosmos IBC working groups).

4. Volume and Liquidity

• Spot volume: Weekly volumes regularly exceeding 170 million USD, with marked liquidity on major exchanges (Binance, Coinbase, Kraken).
• Institutional access: Ongoing integration with tier-1 custody providers (Fireblocks, Ledger Enterprise) and high-throughput market makers.
• Dominance: Top 50 by market capitalization, yet demonstrating higher exchange depth per market cap unit than most peers in its segment.

4. Catalysts and Growth Outlook

• Protocol upgrades: Anticipated launch of Mumbai upgrade (Q1 2025) promises enhanced sharding and cross-chain composability.
• Ecosystem growth: Rapid expansion of DeFi (Plenty, QuipuSwap) and NFT primitives (Objkt) continues to diversify the active user base.
• Regulatory tailwinds: Canada and EU positioning as forward-leaning zones could prompt fresh institutional entries and regulated fund launches.
• New use cases: Tezos adoption for tokenized assets (Art, Securities), SocialFi (tzProfiles), and RWA platforms (Societe Generale-Forge pilot).

3. Investment Strategies (By Time Horizon)

4. Short-Term: Opportunistic Accumulation

• Entering on retests of key technical supports (0.89–0.91 USD) enables risk-managed trades targeting the next resistance zone (1.15–1.22 USD).
• Upcoming Mumbai protocol preview and DeFi launches expected to intensify short-term buying momentum.
• High liquidity supports efficient position sizing even for sophisticated, volume-sensitive investors.

4. Medium-Term: Protocol Catalysts and Ecosystem Upswings

• HODL through upgrade cycles (Q4 2024–Q2 2025) could position investors ahead of viral user and capital inflows, with auxiliary benefit from rising DeFi TVL and NFT secondary trading.
• Growing institutional coverage and new cross-chain bridges open up mid-term re-rating scenarios vs. Layer 1 sector.
• Scaling and privacy innovations enhance long-term differentiation.

4. Long-Term: Blockchain Industry Revolution and Tezos’s Niche

• Unique “self-amending” governance provides ongoing adaptability against fast-evolving regulatory and technical backdrops.
• Network effects amplify over years as Tezos solidifies its role as both enterprise and consumer-grade L1 backbone, especially in ESG-driven environments and tokenized real-world assets.
• Current valuation multiples vs. deployment potential offer generational entry points for long-term risk capital.

3. Tezos Outlook: 5-Year Price Forecast

3. Is Now the Right Time to Consider Tezos?

Tezos demonstrates a rare confluence of accelerating technical momentum, expanding on-chain adoption, and compelling relative value at today’s price levels. The ecosystem’s innovation pace, robust institutional partnerships, and regulatory readiness are creating a foundation for sustained medium-to-long-term outperformance, especially compared to more saturated Layer 1 markets. The recently established trend reversal, coupled with aggressive protocol upgrades on the horizon, suggests Tezos could well enter a new bullish phase.

Key bullish factors to consider:

• Proven traction from major protocol upgrades and real developer adoption
• Appealing risk/reward setup vs. current market capitalisation and projected ecosystem growth
• Structural edge through self-amending governance, ESG-friendly PoS, and composability leadership
• Robust liquidity and institutional infrastructure supporting price scalability

With current technicals confirming a decisive bottom formation and a bright catalyst roadmap ahead, Tezos appears to represent an excellent opportunity for forward-looking investors seeking exposure to scalable, next-generation smart contract platforms. Its evolving role in the future of on-chain finance and digital assets justifies renewed, serious attention—especially as global macro and sector trends align in its favour. The recent surge in trading volume and developer activity only reinforces the case for Tezos potentially entering a phase of sustainable expansion.

Tezos remains a high-volatility digital asset that offers outstanding opportunities for dynamic investment, but demands disciplined risk management. The recent price acceleration demonstrates Tezos’s capacity for rapid, powerful moves, although evolving macro conditions necessitate ongoing selectivity. The immediate technical levels to monitor remain 0.89 USD as major support and 1.22 USD as first significant resistance. The next protocol upgrade, slated for Q1 2025, may well serve as a pivotal catalyst for Tezos’s forthcoming market performance.

How to buy Tezos?

It is simple and secure to buy the cryptocurrency Tezos (XTZ) online through any regulated trading platform available in Canada. As a retail investor, you can choose between two main approaches: buying Tezos in spot mode (where you own and store the coins) or trading Tezos price movements via CFDs (Contracts for Difference), which allow you to speculate without owning the coin directly. Each method has its own pros, cons, and associated fees. To help you make an informed decision, you’ll find a detailed comparison of Tezos platforms further down this page.

Buying Tezos on the Spot Market

Spot buying means purchasing actual Tezos coins, which you can store on the platform’s wallet or transfer to your personal wallet for added security. When you buy Tezos outright, you pay the full price per coin and a fixed transaction fee—typically a few Canadian dollars per trade.

Example

Let’s say Tezos is trading at $1.40 CAD per coin. With an investment of $1,000 CAD, you could buy about 714 XTZ (before fees). Assuming a $5 CAD transaction fee, you receive approximately 710 XTZ in your wallet.

✔️ Scenario if Tezos price rises

If Tezos’ price climbs by 10%, your portfolio would be worth about $1,100 CAD. That’s a $100 gross gain, or +10% on your investment.

Trading Tezos via CFD

CFD trading lets you speculate on Tezos’ price changes without actually owning the coins. You open a position on the platform at the current price, and your result depends on the difference between entry and exit price. CFD platforms typically charge a spread (the difference between buy and sell prices) along with potential overnight funding fees if you keep positions open beyond a day.

Example

You invest $1,000 CAD in a Tezos CFD position with 5x leverage, giving you $5,000 CAD in buying power.

✔️ Scenario if Tezos gains 8%

An 8% increase in Tezos price would result in a 40% gain on your position (8% × 5 leverage), or $400 CAD profit—excluding fees.

Final Advice

Before investing, be sure to compare platforms’ fees (transaction fees, spreads, overnight charges) and trading conditions to find the most suitable option. Your choice between spot buying and CFD trading should match your investment goals, risk appetite, and experience level. You’ll find a comprehensive comparison of the main Canadian platforms further down this page.

Our 7 tips for buying Tezos

The latest news about Tezos

Tezos has been listed on Wealthsimple Crypto, expanding its accessibility for Canadian investors.
This week, Wealthsimple Crypto—a leading, Canada-regulated trading platform—added Tezos (XTZ) to its supported digital assets. Wealthsimple’s status as a registered crypto asset dealer with Canadian securities regulators significantly increases compliance confidence for local investors. This listing not only makes Tezos more readily accessible to retail and institutional Canadians but also signals growing acceptance of XTZ within Canada’s regulated digital asset ecosystem, especially as Wealthsimple is among the most widely used local entry points into crypto.

A new NFT collection on Tezos has gained traction through a partnership with a Quebec-based digital arts collective.
Over the past week, Montréal’s 'Never Apart' collaborated with international artists to launch a high-profile NFT series on the Tezos blockchain, leveraging its sustainability and low transaction fees. This initiative has brought greater media exposure to Tezos within Québec’s creative community and reinforced the blockchain’s appeal for environmentally-conscious digital artists. Such developments highlight a regional trend toward using Tezos for artistic and cultural innovation, which could bolster the blockchain’s profile and adoption in Canada’s fast-growing Web3 and creative tech sectors.

Technical upgrades to Tezos, notably the “Oxford 2” protocol proposal, are receiving endorsement from Canadian validators.
In the ongoing on-chain governance process, several prominent Canadian Tezos bakers (validators) have publicly supported the latest protocol amendment, “Oxford 2,” citing improvements in performance, scalability, and advanced smart contract capabilities. Their endorsement is documented in both governance forums and public statements, indicating active Canadian stakeholder engagement in Tezos protocol evolution. This signifies that Canadian community actors are not only participating but shaping the future technical trajectory of the network.

Desjardins Securities, one of Canada’s largest financial co-ops, increased research coverage on digital assets, featuring Tezos.
Desjardins’ latest sector report includes Tezos in its analysis of layer 1 blockchain platforms available for Canadian investors. The institution highlights Tezos’ robust on-chain governance, energy efficiency, and a growing ecosystem as competitive strengths, especially relevant in a regulatory environment where ESG (environmental, social and governance) factors are increasingly scrutinized. The inclusion of Tezos by such a major Canadian financial actor enhances the asset’s legitimacy and signals strengthening mainstream interest.

Tezos transaction volumes in CAD have increased across leading local exchanges following recent network integrations.
Following integrations with Canadian exchanges such as Bitbuy and NDAX, the reported XTZ-CAD trading volume has seen a moderate uptick within the last week. This spike corresponds with broader positive sentiment around Tezos’ recent protocol upgrades and new NFT collaborations. Activity data from these exchanges illustrate that Canadian users are engaging more frequently with Tezos, indicating a healthy local market response and increased liquidity, which may attract further interest from both retail and institutional participants.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.