- Tezos price jumped 20% to $0.69 and could rise further amid an altcoin rebound.
- XTZ bulls may target gains above $1 driven by traction for the Etherlink Layer-2 platform.
- Tezos traded above $1 in July 2025.
Tezos (XTZ) is among the top 100 cryptocurrencies by market capitalization, and its token posted an impressive 20% gain over a 24-hour period.
The surge allowed XTZ bulls to reach a high of $0.69 on November 7, 2025 — the token’s highest level in more than a month.
While a broader mid-cap altcoin rally points to price strength for Tezos, the blockchain’s momentum is also tied to important ecosystem developments.
Its Layer-2 solution, Etherlink, which is expanding the ecosystem and integrating real-world assets (RWA), has reached another milestone.
The gains for XTZ followed MEXC listing deposits and pending withdrawals on Etherlink, improving access and liquidity for the platform.
🌐 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% rally
XTZ climbed more than 20% to a multi-week high of $0.69 during early trading on November 7, 2025.
The move highlights bullish potential as buyers build on a recent consolidation period. Since mid-October, XTZ traded in a narrow range between $0.56 and $0.62 before breaking higher.
Earlier, bears had pushed the token lower as cryptocurrencies experienced losses in November. XTZ dipped to $0.50 but then rebounded and retested the $0.60 area before continuing its advance.
Technical indicators point to a bullish short-term outlook. A positive MACD crossover with an expanding histogram favors buyers, and the Relative Strength Index (RSI) has climbed to around 60 without entering overbought territory above 70. Price action also suggests a potential breakout from a falling wedge pattern.
If bulls maintain momentum and broader market turnover turns positive, XTZ could retest the July 2025 highs near $1.07. A decisive move above that level would put buyers in position to aim for $1.50.
XTZ benefits as Etherlink drives tokenized uranium trading
Behind Tezos’s recent momentum are bullish adoption headlines tied to Etherlink, the EVM-compatible Layer-2 network.
Etherlink’s traction in DeFi and tokenized real-world assets has reached new milestones. The Layer-2 has seen rising total value locked (TVL) amid strategic integrations, including Curve Finance for stablecoin liquidity and Lombard’s LBTC for Bitcoin liquid staking.
On November 6, Etherlink gained additional traction in tokenized uranium markets.
Uranium.io — a Tezos-powered decentralized application built with UK-regulated asset manager Archax and uranium trader Curzon — introduced the first tokenized physical uranium asset. This development allows users within DeFi to use the tokenized asset as collateral for loans.
The introduction of tokenized uranium could attract institutional interest to the Tezos ecosystem as DeFi and RWA adoption expands, potentially supporting further demand for XTZ.