Tezos Soars 30% on Post-Quantum Code Deployment
Tezos has surged by 30% in recent days, breaking above its descending resistance trendline and hitting a high of $0.38 for the first time since May.
The altcoin's trading volume skyrocketed by 878% to $68 million during this period, suggesting strong market activity and capital flows.
This uptrend is partly attributed to the recent deployment of Tezos' post-quantum code, which has gone live on an experimental network called DAL shownet. According to Tezos Commons, this move marks a significant step towards replacing vulnerable KZG commitments with more secure alternatives.
Roomsburg noted that while the post-quantum resilient DAL shownet is now online, its real test will be whether it can hold up under scrutiny.