Coin info
Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply
Do you think the price will rise or fall?
Rise 40%
Fall 60%
Price perfomance
$0.00
0%
$∞
Range 24H
$∞
Depth of Market
Depth +2%
Depth -2%
Rise 40%
Fall 60%
$0.4740
#144
$502,284,440
$22,005,543
1,073,943,835.73
1,094,004,023.23
Rank #2
$2,951.79
-1.71%
Rank #7
$122.93
-3.2%
Rank #12
$0.3508
-1.8%
Rank #33
$11.79
-2.39%
Rank #46
$1.82
-2.28%
Rank #92
$0.1232
+1.14%
Rank #93
$2.2
-2.39%
Rank #105
$0.009985
-1.81%
Rank #244
$3.58
-2.26%
Rank #442
$0.006255
-0.24%
Rank #614
$0.05247
-2.54%
Rank #30032
$0.7550
-0.31%
What Is Tezos (XTZ)? Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others). Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty. Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation. First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community. Who Are the Founders of Tezos? Tezos was conceived by Arthur and Kathleen Breitman in a 2014 white paper under the pseudonym L.M. Goodman in a nod to Satoshi Nakamoto, referencing a journalist who had misidentified the creator of Bitcoin. In a previous paper, the Breitmans had argued that Bitcoin's biggest shortcomings were the lack of a governance process that invited contributions from its community of users, cost and centralization issues raised by its proof-of-work system, the limited expressiveness of its programming language which didn’t allow for smart contracts, and security
26 Jan 2026, 09:10
Paris, France, January 26th, 2026, Chainwire The Tezos protocol has been successfully upgraded, following an on-chain governance process with broad participation from bakers (validators) and community members. Developed by Nomadic Labs, Trilitech, and Functori, Tallinn is the 20th protocol upgrade, marking 20 evolutions of the Tezos blockchain, proposed, adopted, and seamlessly activated by the protocol itself. “Adapting to market demand 20 times over 7 years without network disruptions, and in a fully decentralized way, is undeniable proof of Tezos’ reliability and future-proof design,” said Yann Régis-Gianas, Head of Engineering at Nomadic Labs. ” The Tallinn upgrade shortens Tezos Layer-1 block time to 6 seconds, reducing latency and speeding up finality on the network’s censorship-resistant settlement layer. This pairs naturally with Etherlink, Tezos’ EVM-compatible Layer-2, which already confirms transactions in under 50 milliseconds, now backed by Layer-1 finality in two blocks, or 12 seconds. Tallinn also enables all bakers (network validators) to attest to every block, instead of a subset of bakers, which brings stronger security and more predictable staking rewards. This is achieved through the use of BLS cryptographic signatures, which aggregate hundreds of signatures into just one per block. By lightening the load on nodes, it also opens the door to further block time reductions. Finally, Tallinn introduces an ‘Address Indexing Registry’ that can improve storage efficiency by up to 100x for apps using the Michelson runtime. It is done by eliminating redundant address data, and apps adopting this feature will benefit from lower costs and higher potential throughput. “Based on inputs from Tezos builders, our development team is excited to be able to offer such drastic improvements for enterprise-scale apps, large NFT ledgers, and other setups storing many addresses,” said Yann Régis-Gianas, Head of Engineering at Nomadic Labs. Since launching in 2018, the Tezos blockchain has continued to evolve seamlessly through protocol upgrades, with each activation introducing a series of features designed to improve the overall experience of using and building on the network. Tallinn is another forkless step forward in making Tezos faster, more secure, and optimized for enterprise use, with no compromise on decentralization, and further proof of the network’s ability to quickly adapt to user needs and ensure longevity through continuous innovation and optimization. About Tezos Tezos is an open-source and energy-efficient blockchain designed to empower institutions, developers, and businesses and facilitate value transfer in a digital environment. It is designed for the scalable deployment of decentralized applications. As one of the first Proof of Stake blockchains, Tezos is globally supported and valued for its strong governance, long-term upgradability, and smart contract capabilities. For more information about Tezos, visit http://www.tezos.com . Contact Head of PR Eoin McGinley Trilitech [email protected]
23 Jan 2026, 22:32
Key takeaways: Tezos price prediction suggests a recovery to $1.04 by the end of Q1 2026. XTZ could reach a maximum price of $3.56 by the end of 2029. By 2031, XTZ’s price may surge to $6.21. Tezos started strong as a platform for smart contracts and decentralized apps. After being released in 2018, its price touched an all-time high of $9.12 in 2021. However, throughout this time, it faced issues like lawsuits and power struggles, causing a loss of investor trust. Eventually, the overall market’s effects plummeted the coin’s price, and it has failed to recover to the same mark since then. However, collaborations and innovations are growing on the Tezos network, bringing it into close competition with other smart contract platforms like Ethereum and Solana. Many crypto enthusiasts ask questions like, “Can the Tezos coin hit $50 in the long term?” or at least, “Will Tezos survive?” Let’s get into Tezos price prediction and technical analysis. Overview Cryptocurrency Tezos Ticker XTZ Current price $0.5865 Market cap $629.33M Trading volume (24-hour) $32.14M Circulating supply 1.073B XTZ All-time high $9.18 on October 04, 2021 All-time low $0.3505 on December 7, 2018 24-hour high $0.6005 24-hour low $0.575 Tezos price prediction: Technical analysis Metric Value Volatility (30-day Variation) 8.91% (High) 50-day SMA $0.5197 14-Day RSI 54.86 (Neutral) Sentiment Bullish Fear & Greed Index 24 (Extreme Fear) Green days 17/30 (57%) 200-day SMA $0.6274 Tezos price analysis TL;DR Breakdown: XTZ is consolidating after a ~22% rebound, not breaking down. Momentum has cooled, but no strong bearish signal is active. The $0.54–$0.56 support zone remains key to price direction. Tezos price analysis 1-day chart XTZ is trading around $0.586, up roughly +1.2% on the day, after a strong January push from the late-December low near $0.48, marking a recovery of about +22% peak-to-trough. The price is now compressing just above the 20-day SMA near $0.58, while the Bollinger Bands are tightening after previously expanding, signaling reduced volatility. XTZUSDT 1-day price chart | Source: TradingView The rejection from the upper band near $0.62 shows buyers losing short-term dominance, but structure remains constructive as long as $0.56–$0.54 holds. The RSI sits in the mid-50s, cooling from prior highs without breaking bearish territory, while MACD has rolled slightly negative, reflecting momentum fatigue rather than trend reversal. Tezos price analysis 4-hour chart On the 4-hour timeframe, XTZ is consolidating tightly between $0.575 and $0.59, with price oscillating around the Alligator averages, confirming a neutral, non-trending phase. The lack of candle expansion suggests indecision, but OBV remains elevated and stable, implying no aggressive distribution despite the stall. XTZUSDT 4-hour price chart | Source: TradingView Repeated defenses above $0.575 indicate short-term buyers are still present, though upside attempts toward $0.60 continue to fade without volume expansion, keeping the market boxed in. Tezos technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.5781 BUY SMA 5 $0.5706 BUY SMA 10 $0.5768 BUY SMA 21 $0.5662 BUY SMA 50 $0.5197 BUY SMA 100 $0.5427 BUY SMA 200 $0.6274 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $0.5798 BUY EMA 5 $0.5697 BUY EMA 10 $0.5476 BUY EMA 21 $0.5219 BUY EMA 50 $0.5187 BUY EMA 100 $0.5541 BUY EMA 200 $0.6121 SELL What to expect from XTZ price analysis next? XTZ is in a classic post-rally digestion phase. Continued sideways action is more likely than an immediate breakout, with a move above $0.62 needed to reignite upside momentum. At the same time, a loss of $0.54 would shift focus toward a deeper pullback. Is Tezos a long term investment? Tezos could be a good investment as its price movements in the past and recent times reflect opportunities for massive gains. Of course, there have been significant bear markets, but the price recoveries that followed put money in the pockets of traders. Also, the platform is quite developed and supports DeFi solutions, decentralized applications, and NFTs, so there are utilities that can keep the coin’s price afloat and upward. However, as always, you should always do your research because crypto can be extremely volatile. Will Tezos recover? Yes, Tezos is likely to recover by the end of this year. Expert forecasts suggest that XTZ will approach $1.5 by then. Will Tezos reach $10? Yes, Tezos can reach $10. Its all-time high was $9.18; significant bullish momentum will be required to recapture this level. Will Tezos reach $50? Based on expert analysis, Tezos may not reach $50 anytime soon. A huge market cap will be required to reach that point. However, mass adoption and integration with new systems could make this possible. Does Tezos have a good long-term future? Tezos seems to have a good long-term future because the platform regularly brings updates, and development is ongoing. It also fits into the larger narrative of decentralized finance and decentralized applications. Recent news/opinion on Tezos Tezos’ EVM-compatible layer on Etherlink sees an average DAA growth of 33.8% QoQ in Q3 2025. On @Etherlink , the EVM compatibility layer for Tezos, average DAA (unique addresses that sent at least one transaction) grew 33.8% QoQ in Q3 2025. pic.twitter.com/vWvKnuyQnu — Tezos (@tezos) December 10, 2025 Tezos price prediction January 2026 If the bulls back XTZ, the token could break out, reaching a peak of $0.70 while maintaining an average trading price of $0.59 in January 2026. Traders can expect a minimum price of $0.48. Tezos price prediction Minimum price ($) Average price ($) Maximum price ($) XTZ price prediction January 2026 0.48 0.59 0.70 Tezos price prediction 2026 Experts believe the overall outlook for Tezos (XTZ) by the end of Q1 2026 is positive. Investors can expect a minimum market price of $0.41, an average price of $0.60, and a maximum price of $1.04. Tezos price prediction Minimum price ($) Average price ($) Maximum price ($) Tezos price prediction 2026 0.41 0.60 1.04 Tezos price prediction 2027-2032 Year Minimum Price Average Price Maximum Price 2027 $1.25 $1.87 $2.50 2028 $2.03 $2.61 $2.98 2029 $2.74 $3.19 $3.56 2030 $3.19 $3.77 $4.13 2031 $3.92 $4.35 $5.02 2032 $4.15 $5.02 $6.21 Tezos price prediction for 2027 The XTZ price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $1.25 and $2.50, respectively, and an average price of $1.87. Tezos price prediction for 2028 Tezos’s price is expected to reach a minimum of $2.03 in 2028. The maximum expected XTZ price is $2.98, with an average price of $2.61. Tezos price prediction for 2029 The XTZ price prediction for 2029 estimates a minimum price of $2.74, a maximum price of $3.56, and an average price of $3.19. Tezos price prediction for 2030 The Tezos price prediction for 2030 suggests a minimum price of $3.19 and an average price of $3.77. The maximum Tezos price is set at $4.13. Tezos price prediction for 2031 The XTZ price prediction for 2031 anticipates a surge in price, resulting in a maximum price of $5.02. Based on expert analysis, investors can expect an average price of $4.35 and a minimum of $3.92. Tezos price forecast for 2032 According to the XTZ price forecast for 2032, Tezos is anticipated to trade at a minimum price of $4.15, a maximum price of $6.21, with an average price of $5.02. Tezos price prediction 2026-2032 Tezos market price prediction: Analysts’ XTZ price forecast Firm 2026 2027 Changelly $0.837 $1.19 DigitalCoinPrice $0.96 $1.33 CoinCodex $0.6997 $0.6896 Cryptopolitan’s Tezos (XTZ) price prediction Per the Cryptopolitan team, Tezos is expected to reach $1.2 by Q1 2026, and forecasts up to 2032 give a positive outlook for XTZ to break above the $5 mark. For that to happen, future price movements and an increase in Tezos’ adoption must be bullish. Tezos historic price sentiment Tezos price history ⏐ Source: Coingecko Tezos mainnet went live in September 2018 and immediately gained popularity for dealing with the environmental impact of blockchain technologies at that time with its PoS model. XTZ’s price peaked during the bullish cycle of 2021, reaching above $9.0. After 4 April 2022, XTZ’s price plummeted below $4.0; by 9 May, it had sharply fallen below the $2 mark. XTZ surged to about $1 at the beginning of December 2022, but the bears reclaimed the market by the end of the month, resulting in a drop to $0.73. The coin recovered in 2023, averaging a market price of $0.8. Despite its partnership milestones, Tezos (XTZ) had a bearish 2024. The coin peaked at $1.4 in April but dropped about 60% by August. Buyers returned in September, driving the price to $0.7015, and momentum carried into November with a peak of $1.856. The rally extended to December, when XTZ reached $1.909 before corrections brought the year-end close to $1.286. XTZ peaked at $1.49 in January 2025 before dropping to an average of $0.72 in February. From March to May, it consolidated below $0.70 with an overall average of $0.66. In June, it traded between $0.4752 and $0.6362, while July averaged $0.7232. August opened at $0.7605 and averaged $0.8212. September saw a minimum of $0.6437, a maximum of $0.8292, and an average of $0.7261. In October, XTZ traded between $0.5986 and $0.4692. In November, Tezos (XTZ) traded between $0.4758 – $0.7454, and in December, it traded between $0.4223 and $0.5300. In January 2026, the coin is trading between $0.575 – $0.6005.
23 Jan 2026, 09:25
BitcoinWorld Bithumb XTZ Suspension: Essential Guide to Tezos Network Upgrade Impact SEOUL, South Korea – January 23, 2025 – Bithumb, one of South Korea’s leading cryptocurrency exchanges, announced a significant operational change affecting Tezos (XTZ) traders. The platform will temporarily suspend all XTZ deposits and withdrawals starting precisely at 9:00 a.m. UTC on January 24, 2025. This proactive measure supports an essential Tezos network upgrade, ensuring future security and functionality. Consequently, users must understand the timeline and implications of this temporary Bithumb XTZ suspension. Understanding the Bithumb XTZ Suspension Timeline The Bithumb XTZ suspension follows a precise schedule. Deposits and withdrawals will halt at the specified time on January 24. However, trading of XTZ against other cryptocurrencies will continue uninterrupted on the exchange. This approach is standard practice during network upgrades. Major exchanges globally implement similar temporary halts to prevent transaction failures. The suspension will remain in effect until Bithumb’s technical team completes necessary backend integrations. They will then announce the resumption of services through official channels. Network upgrades, often called hard forks or protocol amendments, require coordinated action. Exchanges must pause external transactions to avoid conflicts with the changing blockchain rules. Bithumb’s announcement provides users with approximately 24 hours of advance notice. This timeframe allows adequate preparation for the temporary service interruption. Historically, such maintenance periods typically last several hours to a few days. The exact duration depends on the upgrade’s complexity and testing requirements. Tezos Network Upgrade: Technical Background and Purpose The Tezos blockchain regularly undergoes protocol upgrades through its unique on-chain governance model. Unlike many cryptocurrencies requiring hard forks, Tezos enables seamless evolution. Stakeholders vote on proposed amendments, and approved upgrades automatically activate. This upcoming upgrade likely introduces enhancements to several core areas. These improvements may include transaction speed, smart contract capabilities, or consensus mechanism efficiency. Tezos has established a strong reputation for its self-amending architecture. The network has successfully executed numerous upgrades since its 2018 launch. Each upgrade typically receives the designation of a single-letter protocol name. Previous upgrades included “Granada,” “Hangzhou,” and “Ithaca.” The specific details of this January 2025 upgrade will become clearer upon activation. However, the common goals remain increased scalability, reduced costs, and enhanced security for all participants. Comparative Analysis of Exchange Protocols During Upgrades Different cryptocurrency exchanges handle blockchain upgrades with varying procedures. The table below illustrates common approaches across major platforms: Exchange Standard Upgrade Procedure Advance Notice Period Trading Continuity Bithumb Suspend deposits/withdrawals 24-48 hours Usually continues Binance Similar suspension model 24-72 hours Often continues Coinbase Full trading suspension sometimes 48+ hours May pause briefly Kraken Deposit/withdrawal halt 24+ hours Typically continues Bithumb’s approach aligns with industry standards for managing such events. The exchange maintains trading availability to minimize market disruption. This strategy allows price discovery to continue while protecting users from failed transactions. Furthermore, the advance announcement demonstrates transparent communication practices. Users appreciate this clarity when planning their cryptocurrency activities. Immediate Impacts on XTZ Traders and Holders The temporary Bithumb XTZ suspension creates several immediate considerations for users. First, individuals planning XTZ transfers must complete them before the deadline. Second, users should monitor official Bithumb announcements for service restoration. Third, the suspension does not affect XTZ holdings within Bithumb wallets. Users retain ownership and can trade XTZ against other assets on the platform. However, moving XTZ to external wallets becomes impossible during the maintenance window. Market analysts often observe specific patterns around such events. Trading volume might increase slightly before the suspension as users adjust positions. Price volatility could also see a temporary increase due to reduced arbitrage opportunities. Nevertheless, these effects typically normalize quickly after service restoration. Experienced traders generally view routine network upgrades as neutral to positive long-term events. They often indicate ongoing development and security investment in the blockchain. Complete necessary transfers before 9:00 a.m. UTC on January 24 Monitor official channels for resumption announcements Continue trading XTZ on Bithumb if desired Avoid panic selling as upgrades are normal operations Verify transaction status after services resume Historical Context of Exchange Maintenance Events Bithumb has managed numerous blockchain upgrades throughout its operational history. The exchange suspended Ethereum deposits and withdrawals during the London hard fork in 2021. Similarly, it paused Cardano transactions during the Alonzo smart contract upgrade. Each instance followed a nearly identical communication and execution pattern. Service restoration occurred without significant issues in most cases. This track record provides confidence for the current Tezos upgrade process. South Korean exchanges operate under strict regulatory guidelines from the Financial Services Commission. These regulations mandate clear user communication about service interruptions. Bithumb’s announcement fulfills these compliance requirements effectively. The exchange also maintains robust technical teams dedicated to blockchain integration. These specialists test upgrades extensively before reactivating services. Their diligence minimizes risks for users and ensures smooth transitions. Broader Implications for the Cryptocurrency Ecosystem The Bithumb XTZ suspension highlights the interconnected nature of cryptocurrency infrastructure. Exchanges serve as critical bridges between traditional finance and blockchain networks. Their operational decisions directly impact user experience and market functionality. Scheduled maintenance demonstrates the industry’s maturation. Platforms now proactively manage technical requirements rather than reacting to problems. This professional approach benefits the entire ecosystem through increased reliability. Tezos continues evolving through its innovative governance model. The blockchain has processed millions of transactions and hosts numerous decentralized applications. Regular upgrades maintain its competitive position against newer blockchain platforms. Each enhancement potentially increases adoption by developers and institutions. Consequently, temporary service interruptions represent short-term inconveniences for long-term gains. The cryptocurrency community generally accepts this trade-off for improved technology. Global cryptocurrency adoption continues accelerating throughout 2025. South Korea remains a significant market with sophisticated traders and strict regulations. Bithumb’s transparent handling of the XTZ suspension reinforces trust in regulated exchanges. Users increasingly prefer platforms with clear communication during technical events. This preference drives industry standards toward greater transparency and user protection. Ultimately, such practices strengthen the foundation for mainstream cryptocurrency adoption. Conclusion Bithumb’s temporary suspension of XTZ deposits and withdrawals follows established industry protocols. The action supports the upcoming Tezos network upgrade scheduled for January 24, 2025. Users should complete necessary transfers before the 9:00 a.m. UTC deadline. Trading will continue uninterrupted on the exchange during this period. This Bithumb XTZ suspension demonstrates professional infrastructure management. The approach prioritizes security while minimizing user disruption. Network upgrades represent essential blockchain maintenance that ensures long-term viability. Consequently, such temporary measures ultimately benefit all participants in the cryptocurrency ecosystem. FAQs Q1: How long will the Bithumb XTZ suspension last? Bithumb has not specified an exact duration. Typically, such maintenance lasts several hours to a few days. The exchange will announce service restoration through official channels. Q2: Can I still trade XTZ on Bithumb during the suspension? Yes, trading of XTZ against other cryptocurrencies will continue normally. Only deposits to and withdrawals from external wallets are temporarily suspended. Q3: What happens if I try to withdraw XTZ during the suspension period? The withdrawal interface will likely display an error or maintenance message. Transactions initiated during the suspension may fail or be automatically canceled. Always check service status before attempting transfers. Q4: Will this suspension affect XTZ prices on other exchanges? Minor price discrepancies might occur due to reduced arbitrage. However, major price impacts are unlikely since trading continues on Bithumb and other platforms. Q5: Is my XTZ safe on Bithumb during this upgrade? Yes, the suspension only affects movement of XTZ to and from the exchange. Holdings within Bithumb wallets remain secure and under user control throughout the maintenance period. This post Bithumb XTZ Suspension: Essential Guide to Tezos Network Upgrade Impact first appeared on BitcoinWorld .
22 Jan 2026, 05:45
BitcoinWorld Upbit XTZ Suspension: Essential Network Upgrade Halts Tezos Transactions Temporarily SEOUL, South Korea – January 22, 2025 – Leading South Korean cryptocurrency exchange Upbit announced a significant operational pause today. The platform will temporarily suspend all deposit and withdrawal services for Tezos (XTZ) tokens. This suspension begins precisely at 9:00 a.m. UTC on January 23. Consequently, traders and investors must prepare for this brief interruption. The exchange explicitly cited an upcoming Tezos network upgrade as the primary reason for this necessary maintenance window. This proactive measure highlights the evolving infrastructure demands within the blockchain ecosystem. Understanding the Upbit XTZ Suspension Announcement Upbit communicated this decision through an official notice on its website and user dashboard. The announcement provides clear details for its substantial user base. Deposits and withdrawals for the XTZ token will halt entirely during the maintenance period. However, trading of XTZ against Korean Won (KRW) and other paired cryptocurrencies will continue normally on the exchange’s order books. This distinction is crucial for active traders. The suspension affects only the movement of tokens on and off the exchange’s custodial wallets. Therefore, internal market activity remains uninterrupted. Network upgrades, often called hard forks or protocol amendments, are common in blockchain development. They introduce new features, enhance security, or improve efficiency. Exchanges like Upbit typically suspend external transactions during these events. This precaution prevents users from sending funds to outdated addresses or experiencing failed transactions. Major global exchanges, including Coinbase and Binance, follow identical procedures for similar network events. The practice has become an industry standard for ensuring user asset safety. The Technical Rationale Behind Tezos Network Upgrades Tezos employs a unique self-amending governance model. This model allows the blockchain to upgrade itself without requiring a contentious hard fork. Stakeholders, or bakers, vote on proposed protocol upgrades. Successful proposals then activate automatically across the network. This elegant process aims to reduce community splits and ensure smooth evolution. The upcoming upgrade, referenced by Upbit, is part of this continuous improvement cycle. These upgrades can involve changes to transaction validation, smart contract capabilities, or consensus mechanisms. For an exchange, synchronizing with these upgrades is a complex technical task. Engineers must update internal node software, test new transaction formats, and verify wallet compatibility. This process requires a stable environment, hence the temporary suspension of services. A failed synchronization could potentially lead to fund loss or incorrect accounting. Therefore, reputable exchanges prioritize caution over convenience. This operational philosophy protects millions of dollars in user assets under their management. Historical Context of Exchange Maintenance Events This is not an isolated incident for Upbit or the broader crypto industry. In Q4 2024, multiple exchanges paused Ethereum transactions during its major “Dencun” upgrade. Similarly, Cardano and Solana upgrades have prompted identical safety measures globally. Data from CryptoExchangeMonitor shows an average of 15-20 similar suspension notices from top-20 exchanges per quarter. These events are routine infrastructure maintenance, not indicative of platform problems. Savvy investors recognize them as signs of responsible operational management. The duration of such suspensions varies. Typically, they last between 2 to 8 hours, depending on upgrade complexity. Upbit has not specified an exact end time, which is standard. The exchange will likely issue a follow-up announcement once services resume normally. Users should monitor official channels for the completion notice. Past Upbit maintenance events for other assets have generally concluded within the same business day. Immediate Impacts on Traders and Investors The temporary suspension creates several practical considerations for market participants. Firstly, users cannot transfer XTZ from external private wallets or other exchanges to Upbit during this window. Secondly, withdrawing XTZ from Upbit to an external address is also impossible. This affects users needing liquidity on other platforms or in decentralized finance (DeFi) applications. However, as trading continues, arbitrage opportunities between exchanges may emerge. Price discrepancies sometimes occur when one major platform isolates its liquidity pool temporarily. Action Required: Users planning time-sensitive XTZ transfers must complete them before 9:00 a.m. UTC on Jan 23. No Action Needed: Users simply holding XTZ on Upbit do not need to take any steps. Funds remain secure and unaffected. Trading Continues: All buy/sell orders for XTZ/KRW and XTZ/BTC pairs will execute normally. Market analysts observe that such suspensions rarely cause significant long-term price movement. Short-term volatility can occur if the news triggers uninformed selling. However, the underlying reason—a network upgrade—is typically a positive fundamental development. Upgrades often enhance blockchain utility, security, or speed, which can increase asset value over time. Upbit’s Role in South Korea’s Crypto Ecosystem Upbit, operated by Dunamu Inc., is a dominant force in South Korea’s digital asset market. It consistently ranks among the top exchanges by KRW trading volume globally. The platform is known for its rigorous compliance with South Korea’s strict financial regulations. These include real-name verification banking and extensive anti-money laundering (AML) protocols. Its decision-making carries significant weight in the Asian crypto sector. When Upbit announces a suspension, other regional exchanges often monitor the situation closely. The exchange’s communication regarding this XTZ event follows its established transparent protocol. It provides advance notice, clear reasoning, and specific timelines. This approach builds user trust and aligns with South Korea’s Financial Services Commission (FSC) guidelines on consumer protection. Transparency during operational changes is a key metric in the country’s exchange licensing framework. Upbit’s adherence to these standards reinforces its authoritative position in the market. Comparing Global Exchange Protocols for Network Upgrades Exchange Typical Advance Notice Service Impact Communication Channel Upbit (KR) 12-24 hours Deposits/Withdrawals paused only Website banner, email, app notification Coinbase (US) 24-48 hours Full trading & transfers paused Blog post, status page, email Binance (Global) 6-12 hours Deposits/Withdrawals paused, trading often continues Announcement blog, Twitter Kraken (US/EU) 24+ hours Similar to Upbit’s model Support page, email alert This table illustrates different operational philosophies. Upbit’s method balances user convenience (keeping trades active) with technical safety. The approach minimizes market disruption while ensuring upgrade integrity. The exchange’s technical team will perform the node update and conduct post-upgrade verification tests. These tests confirm that the new network protocol interacts correctly with Upbit’s systems. Only after full validation will the deposit and withdrawal gates reopen. Conclusion The Upbit XTZ suspension represents a standard, precautionary procedure in cryptocurrency exchange management. It directly results from the progressive Tezos network upgrade. Users should view this as a routine maintenance event, not an alarming development. The temporary pause safeguards assets during a critical technical transition. Furthermore, it underscores the mature, institutional-grade operational protocols now standard at major exchanges like Upbit. As blockchain technology evolves, such coordinated pauses between networks and service providers will remain essential. They ensure the secure and seamless advancement of the entire digital asset ecosystem. FAQs Q1: Can I still buy or sell XTZ on Upbit during the suspension? A1: Yes. The suspension applies only to depositing XTZ into your Upbit account from an external source or withdrawing XTZ out of Upbit. All trading pairs involving XTZ on the exchange will remain fully operational. Q2: How long will the XTZ deposit and withdrawal suspension last? A2: Upbit has not announced a specific end time, which is common. The duration depends on the technical complexity of the Tezos network upgrade integration. Similar past maintenance events typically conclude within several hours. Users should watch for an official “resumption of services” notice from Upbit. Q3: Is my XTZ safe on Upbit during this time? A3: Yes. The suspension is a preventive measure, not a response to a security incident. Your XTZ holdings in your Upbit wallet are unaffected and remain secure. The exchange is performing this maintenance to ensure continued safety and compatibility with the upgraded Tezos blockchain. Q4: What happens if I send XTZ to my Upbit deposit address during the suspension? A4: You should avoid doing this. Transactions sent during the suspension may not be credited automatically and could be delayed significantly. They may require manual review by support staff after services resume, which can take additional time. Always verify that deposit services are active before sending funds. Q5: Will this suspension affect the price of XTZ? A5: Isolated exchange suspensions rarely have a lasting impact on an asset’s market price. While minor, short-term volatility is possible due to reduced arbitrage, the underlying reason—a network upgrade—is generally a positive long-term development for the Tezos ecosystem and its token’s utility. This post Upbit XTZ Suspension: Essential Network Upgrade Halts Tezos Transactions Temporarily first appeared on BitcoinWorld .
