Tezos: Assessing the state of XTZ post Mumbai Protocol activation 

Tezos XTZ registered a massive boost in its social engagement on 2 April 2023 as the metric exceeded the 26 million mark. The primary reason fueling this surge can be Tezos' latest Mumbai Protocol upgrade, which got activated a few days ago.

Timeline of Tezos

Tezos, a self-amending proof-of-stake blockchain, has activated its 13th core protocol upgrade, Mumbai, introducing Smart Rollups, a Layer-2 scaling solution, for faster transaction processing speeds.

Tezos (XTZ) has announced that its Mumbai upgrade is now live, bringing many improvements to the blockchain network, including higher scalability, support for general-purpose programming languages, and more.

The California Department of Motor Vehicles intends to adopt blockchain technology for keeping records, which will include issuing automobile ownership and simplifying exchanges of such ownership.

The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in the future.

Tezos [XTZ] in its 134th issue of The Baking Sheet revealed several new updates that happened in its ecosystem over the last few days. The most prominent one was the Mumbai proposal entering the phase for voting.

Tezos (XTZ) network is readying itself for its latest upgrade, called the ‘Mumbai Upgrade.' On January 17, Nomadic Labs, which is a blockchain developer within the Tezos community, mentioned the Tezos protocol proposal, Mumbai, which is headed toward the implementation process.

Crunchy, a popular DeFi development team on Tezos (CRYPTO: XTZ), announced the development of the blockchain network's first decentralized fractional NFT platform, sliced.art. .@CrunchyTez , the team behind one of the most popular Tezos-based DeFi platforms is developing the first decentralized fractional NFT platform on #Tezos.

Tezos co-founder Kathleen Breitman talks about how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt's Stephen Graves onstage at Web Summit in Lisbon.

Kathleen Breitman, CEO of the Luxembourg-based blockchain platform, discusses why the collapse of FTX is a “massive distraction” for the industry but has made it prime time for hiring developers.

The turbulent happenings around the crypto market may have sent the industry three steps back but not for Tezos [XTZ]. This is because the self-upgradeable blockchain ensured that it went ahead with its 12th protocol upgrade.