XTZ Surges 37.5% as Tezos DeFi TVL Hits $45M, Institutional Strategies Drive Record Volume

Tezos (XTZ) has experienced a significant price surge in the last 24 hours, primarily driven by strong bullish momentum linked to substantial liquidity inflows into its DeFi ecosystem, the launch of new institutional-grade DeFi strategies on its Etherlink Layer 2 solution, and recent protocol upgrades enhancing staking and interoperability. Notable developments include an 8% increase in Tezos DeFi TVL to $45.43 million, a $30 million liquidity injection, and the introduction of new staking and governance programs targeting institutional clients. Large transactions, such as a 1.33 million USDT XTZ purchase, and increased trading activity have further supported the rally.

Currently, XTZUSDT is trading at $1.1008 on Binance, reflecting a 37.50% increase over the past 24 hours, with a 24-hour trading volume of approximately $1.03 billion and a market capitalization near $1.16 billion, highlighting robust market participation and heightened volatility.