{"id":6804,"date":"2023-04-26T11:09:16","date_gmt":"2023-04-26T11:09:16","guid":{"rendered":"https:\/\/www.bitcoincasinos.com\/?p=6804"},"modified":"2023-04-26T11:09:16","modified_gmt":"2023-04-26T11:09:16","slug":"tezos-q123-circulating-market-cap-surges-56-qoq-to-surpass-the-1b-mark","status":"publish","type":"post","link":"https:\/\/www.bitcoincasinos.com\/blog\/2023\/04\/26\/tezos-q123-circulating-market-cap-surges-56-qoq-to-surpass-the-1b-mark\/","title":{"rendered":"Tezos’ Q1’23 Circulating Market Cap Surges 56% QoQ to Surpass the $1B Mark"},"content":{"rendered":"
<\/a><\/p>\n Tezos, a decentralized blockchain platform that utilizes smart contracts, has experienced an impressive Q1’23. According to <\/span>BitcoinCasinos.com<\/span><\/a>, the platform’s native token, XTZ, has seen a 56% quarter-over-quarter surge in its circulating market cap, now exceeding $1B. This growth is attributed to the platform’s innovative features and successful partnerships.<\/span><\/p>\n BitcoinCasino’s Financial expert Edith Reads commented on the findings saying, “The platform’s Liquid Proof of Stake consensus algorithm has enabled it to become one of the most energy-efficient networks on the market. This approach helps reduce the energy costs associated with running a blockchain network and helps maintain Tezos’ decentralized nature. Additionally, its on-chain governance feature allows for democratic decision-making regarding amending protocol parameters or deploying new features.\u201d<\/span><\/p>\n <\/a><\/p>\nIncrease in Smart Contract Deployment<\/b><\/h2>\n