Tezos (XTZ) is going for another leg up on its rally, based on growing enthusiasm for the stablecoin. XTZ gained support and popularity from the recent addition of staking through the Binance cold storage.
XTZ jumped by more than 5.71% to above $1.58, with hopes of moving above $2. XTZ has recovered from the yearly lows close to $0.50, and re-sparked hopes the coin may grow its returns.
The XTZ token has yielded above 3X returns in dollar terms since the ICO, as well as 4X returns against ETH appreciation. But for BTC investors, XTZ has just broken even.