TezosXTZ

The coin of Tezos, a blockchain that upgrades itself through on-chain votes by its stakers.

Rank #140Since September 2018

Price on 31 Oct 2026

C$0.3592 +27.1% since 31 Jul 2026 · 96.9% below its all-time high

The short version

XTZ pays fees and is staked ('baked') on Tezos, a proof-of-stake blockchain that has adopted more than 20 upgrades through on-chain votes, with Etherlink as its Ethereum-compatible layer-2. Arthur and Kathleen Breitman designed it, and the Tezos Foundation in Zug, Switzerland, funds engineering firms including Nomadic Labs and TriliTech. US regulators named XTZ among 16 digital commodities on 17 Mar 2026. On 31 Oct 2026 one XTZ cost C$0.3592. From 31 Jul 2026 to 31 Oct 2026 its price changed +27.1% in Canadian dollars, and it was 96.9% below its all-time high of C$11.52 set on 3 Oct 2021.^[1]

Checked 31 Oct 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.9999 (8 Nov 2025) · low C$0.2701 (17 Aug 2026) · -55.8%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.3584	US$0.2567
30 Sep 2026	C$0.4441	US$0.3120
31 Aug 2026	C$0.2923	US$0.2108
31 Jul 2026	C$0.2882	US$0.2054
30 Jun 2026	C$0.3065	US$0.2157
31 May 2026	C$0.4565	US$0.3309
30 Apr 2026	C$0.5042	US$0.3713
31 Mar 2026	C$0.4826	US$0.3471
28 Feb 2026	C$0.5556	US$0.4063
31 Jan 2026	C$0.6813	US$0.5050
31 Dec 2025	C$0.7108	US$0.5191
30 Nov 2025	C$0.6925	US$0.4937

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.3592^[1]
3-month change: +27.1% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 96.9% below its high of C$11.52 (3 Oct 2021)^[1]
Market rank: #140, market value about C$394.7M^[1]
Kind: Native coin · Tezos (its own network)
Started: September 2018

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew XTZ come only from protocol issuance, which changes only through on-chain votes^[2]

Can anyone freeze or take coins from holders?NoNo freeze or blacklist function found for XTZ^[2]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?NoNo maximum supply; issuance about 4.5% a year^[2]

Any scheduled unlocks in the next 12 months?NoNo vesting allocations; only staking issuance^[2]

Does a team or foundation hold over 10% of supply?Not disclosedFoundation and DLS got 20% at genesis; the Foundation's current share is not published^[2]

Do network fees reach coin holders?YesStorage fees are burned: US$0.22M in the past year^[3]

Main network hacked or halted in the past 2 years?NoNo exploit or halt of the Tezos network found^[4]

Is a regulator or court case targeting the coin itself?No2017 fundraiser class actions settled in 2020; named a digital commodity on 17 Mar 2026^{[5, 6]}

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Tezos Foundation (Zug); engineering by Nomadic Labs (Paris), TriliTech (London) and Functori^{[2, 7]}
Founders: Arthur and Kathleen Breitman; the July 2017 fundraiser raised about US$232M^[5]
Genesis: About 80% to fundraiser donors; 20% to the Foundation and the Breitmans' Dynamic Ledger Solutions^[2]
Governance: On-chain votes by bakers; more than 20 protocol upgrades adopted^[2]

Supply

In circulation: 1.10B XTZ of 1.12B in total (98.2%)^[1]
Maximum supply: None set^[1]
Supply: 1.10B circulating of 1.12B total; no maximum^[2]
New coins: About 4.5% a year (adaptive issuance varies), about 49.5M XTZ^[2]
Unlocks: None; no vesting allocations^[2]

Use and fees

Main use: Gas and staking; NFTs and digital art, tokenized assets and Etherlink apps^[2]
Network fees: US$0.25M in the past year; TVL US$19.3M; stablecoins US$29.2M^[3]
Burns: Storage fees burned: US$0.22M in the past year^[3]

Trading

Daily trading: About C$14.1M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 2.58% of its market value changes hands each day^[1]
20-week average: 2.1% above its 20-week average price^[1]
1-year change: -55.7% in C$^[1]^[8]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[9]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Quantumnet, an experimental post-quantum testnet launched on 24 Sep 2026, opened to bakers on 24 Oct 2026.^[7]
CFTC Chair Selig cited XTZ as an example of a digital commodity on 5 Oct 2026.^[10]
Tezos X mainnet status was unconfirmed on 31 Oct 2026; it was planned for summer 2026, subject to an Etherlink governance vote.^[11]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.