Tezos Flips Stellar, Enters Top 10, Going for Bitcoin SV

Tezos (XTZ), a blockchain looking to establish itself as a smart contract platform with self-amendment and on-chain governance, just entered the top 10 coins club after raising 297% in a year.

The coin surpassed Stellar (XLM) and is now 10th with market capitalization of almost USD 1.2 billion, compared with Stellar's USD 1 billion. Bitcoin SV (BSV), ranked 9th, has market capitalization of almost USD 1.7 billion.

At pixel time (05:06 UTC), XTZ trades at c. USD 1.73, and is up by 11.4% in the past 24 hours and by 34% in a week, increasing its monthly gains to 48%
XTZ price chart: Meanwhile, the Bitwise 10 Index, designed to track the broad-based performance of the cryptocurrency market as reflected in a basket of the ten largest coins, said recently that XTZ entered the index as the tenth largest component; it replaced Dash (DASH).

Moreover, the CEO of Singaporean hedge fund Three Arrows Capital, Su Zhu, claims that "the Bitwise 10 has now sold XLM to buy XTZ." According to the last update (December 12, 2019, 11 PM EST) on the Bitwise website, XLM is still includes in the Bitwise 10 Index.