Tezos (XTZ) officially surpasses EOS in staking market value, becoming the largest staking project.
According to the staking data monitoring platform StakingRewards, Tezos (XTZ) has become the largest staking project by staked market value.
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Tezos (XTZ) currently ranks first in staking market capitalization at $24.2 billion, followed by EOS at $22.5 billion, and Algorand at $10.6 billion.
Coinmarketcap data shows that at the time of writing, Tezos (XTZ) is priced at $3.65, with a 0.42% decrease in the past 24 hours.
In fact, XTZ has surged by 170% since the beginning of this year. ABM previously reported that the cryptocurrency rating agency Weiss Ratings praised Tezos on Twitter, emphasizing that Tezos is the most decentralized project based on the proof-of-stake mechanism to date. They believe this is a key factor for XTZ to become such a successful smart contract platform in less than two years of operation.
Further Reading
- Bitcoin Rating Upgraded to "A-" by Weiss Ratings: Easily Surpasses $20,000 After Halving
- Analysis: Possible Reasons Behind ALGO's Surprising Over 40% Surge
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