Tezos (XTZ)

Layer-1 Rank #60 🟠 CAUTION
5.2/10

Score Breakdown

Unlock10/10
Tokenomics4/10
Insider7/10
Onchain3/10
Dev Activity1/10
Revenue5/10
Institutional4/10
Etf3/10
Market Structure7/10
Security8/10

Analysis

Tezos completed its 18th protocol upgrade (Quebec) in February 2026, adding improved smart contract capabilities and reduced gas costs. The network maintains its self-amending governance model with 5% annual inflation from baking rewards. Enterprise partnerships include Société Générale for digital bond issuance and continued Manchester United sponsorship. TVL remains low at $80M despite technical improvements, indicating limited DeFi adoption. The Tezos Foundation treasury exceeds $1.2B, providing long-term development funding.

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