- Tezos price rose 20% to $0.69 and could climb further after an altcoin rebound.
- XTZ bulls may target gains above $1 driven by momentum from the Layer 2 platform Etherlink.
- Tezos traded above $1 in July 2025.
Tezos (XTZ) is one of the notable performers among the top 100 cryptocurrencies by market capitalization today, with the token posting an impressive 20% gain over 24 hours.
The surge allowed XTZ bulls to push the price to $0.69 on November 7, 2025, marking the highest level in over a month.
While the broader mid-cap altcoin rally supports Tezos’ gains, the blockchain platform also benefits from meaningful momentum tied to ecosystem developments.
Its Layer 2 solution, Etherlink, which continues to drive ecosystem expansion and real-world asset (RWA) integrations, has reached another milestone.
XTZ’s recent gains were also supported after the MEXC exchange added deposits and withdrawals for Etherlink, improving access and liquidity for Tezos’ EVM-compatible layer.
🌐 Another step forward for Etherlink adoption.@MEXC_Official now supports tez deposits and withdrawals on Etherlink, expanding access and liquidity for Tezos’ EVM-compatibility layer.
🔹 Deposits: Nov 5, 2025 – 10:00 UTC
🔹 Withdrawals: Coming soon pic.twitter.com/jyf9ut94UX— Etherlink 🔗 (@etherlink) November 5, 2025
Tezos hits multi-week high with 20% spike
Tezos (XTZ) climbed more than 20% to reach a multi-week high of $0.69 during early trading on November 7, 2025.
The move highlights bullish potential as buyers build on recent consolidation. Since mid-October, XTZ had traded in a tight range between $0.56 and $0.62 before breaking higher.
Earlier in November, bears had pressured the market and XTZ dropped to lows near $0.50. The price then recovered, retesting the $0.60 area before extending gains.
Technical indicators now point to a bullish short-term outlook. A bullish MACD crossover, with the histogram turning positive, gives buyers the edge.
At the same time, the Relative Strength Index (RSI) has climbed to around 60 but has not entered overbought territory above 70. There is also the potential for a breakout from a falling wedge pattern.
Tezos XTZ chart from TradingView
If bulls hold their gains and the overall market turns upward, XTZ could retest the July 2025 highs near $1.07. Above that level, buyers may set sights on $1.50.
XTZ rises as Etherlink boosts tokenized uranium trading
At the core of Tezos’ recent momentum are bullish adoption developments tied to Etherlink, its EVM-compatible Layer 2 network.
Etherlink’s traction in the RWA and DeFi space has reached a new milestone as total value locked (TVL) grew following strategic integrations, including partnerships for stablecoin liquidity and liquid staking tokens.
On November 6, Etherlink gained additional momentum from a debut in the emerging tokenized uranium market.
Uranium.io, a decentralized application built on Tezos in collaboration with the UK custody provider Archax and uranium trader Curzon, introduced the first tokenized physical uranium asset.
DeFi users can now use that tokenized asset as collateral for loans, expanding real-world asset utility within the Tezos ecosystem.
These developments could attract institutional attention to Tezos as DeFi and RWA flows increase, supporting longer-term demand for XTZ.