XTZ is Going to Wipe the Floor with Cardano and Polkadot
Tezos has been seeing very fast growth lately, this trend has been enduring every since Grawyscale announced it would be adding XTZ to its Cryptocurrency Hedge fund.
| Coin | Tezos | Cardano | Polkadot |
|---|---|---|---|
| Smart Cntracts | YES | NO | NO |
| Liquid Staking | YES | YES | NO |
| Whitelisted in Japan | YES | NO | NO |
| Coinbase Pro | YES | NO | NO |
| Ledger Live | YES | NO | NO |
| Staking | 79% | 71% | 60% |
| Staking ROI | 5.9% | 5% | 13.5% |
| Inflation | 4.9% drops each block | 7% | 8% 1% of Treasury coins burned per year |
| Coins in Circulation | 759 million | 31.8 Billion | 960 million |
| Validators | 400+ | 1660 Not all produce blocks | 300 |
| Funded Wallets | 960k | 300k | 100k |
| Market Capitalization | $2.3 Billion | $13.5 Billion | $19.6 Billion |
One of the most significant stats to me personally is the funded wallets. Tezos has 3x the users compared to Cardano and 9x the users compared to Polkadot.
Still 10% Left in this Bull Run
XTZ had stalled under $3.5 since a previous breakout from lows of $3.0 on 4 February. However, the upside above the stubborn price level saw bulls target the upper boundary of an old ascending parallel channel. The current price levels of $3.8 put Tezos price above the apex line of the channel, with a clear path to explore prices near the ATH of $4.5. Source : https://coinjournal.net/news/tezos-price-analysis-xtz-primed-for-a-bullish-breakout-to-4-5/?utm_source=coincodex
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