Cryptocurrencies have had a pretty disappointing period in 2019.

But with the start of the new year, altcoins are starting to write a different story.

Among the coins that have caught our attention recently is the “Tezos” coin, which bears the symbol “XTZ”.

Over the past 7 days, XTZ coin has been steadily rising and emerging as the top gainer among the top 20 coins by total market cap.

In the past seven days, XTZ has gained as much as 32.5%, and is up 6.5% in the last 24 hours.

The main reasons behind the rise of Tezos coin:

Analysts have not yet been able to find out the exact reasons behind the remarkable rise in Tezos coin in recent days.

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However, the current rally should come as a form of justification for all investors who have stuck to XTZ, despite it recovering largely in 2018.

previously and arrived The XTZ coin reached an all-time high in 2017, but when the altcoins began selling in 2018, this coin suffered greatly and lost up to 80% in that time.

Among the possible reasons related to the rise of Tezos coin that appeared last Thursday, Binance is planning to include XTZ coin in futures contracts on its platform.

It is important to bear in mind that Binance is one of the largest cryptocurrency exchanges in the world, and the inclusion of XTZ on the futures platform could have a very positive impact on the XTZ token.

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Current developments have made Tezos among those hard-to-ignore alternative coins.

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