Tezos hits 4-month high after post-quantum code goes live
bitcoinethereumnews.com reports that Tezos is up 30% and has hit a 4-month high following the activation of its post-quantum code. The altcoin rallied from $0.24 and broke above its descending resistance trendline by closing with higher highs for two consecutive days. This move saw Tezos flip its $0.3 resistance level as it benefited from broader market bullishness.
How the market reacted
Whalio's own Binance spot order flow for XTZ, measured when this story was written up on 20 September 2026. Not the outlet's figures.
XTZ is trading at $0.3671 with a 24-hour buy ratio of 48.4%, indicating that buyers and sellers are nearly evenly matched over the full day. However, shorter-term pressure is weaker, with the 1-hour buy ratio at 43.2% and the 4-hour ratio at 47.9%, suggesting buying momentum is fading relative to the daily average. The volume delta measures the net difference between buy and sell volume; negative values here mean sell volume exceeded buy volume. Over the last hour, sell pressure outweighed buying by $37,880, while the 24-hour net outflow reached -$688,341. This indicates that despite the price rise, sellers have been more aggressive than buyers in recent hours.
The latest daily buy ratio of 44.0% sits at the 8th percentile of the last 322 days, against a median of 49.6% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for XTZ, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 47.8%, making the current 24-hour ratio of 48.4% slightly higher by 0.6 points. Trading activity has surged significantly, with 24-hour spot volume of $21,590,848 being 15.64 times the weekly average. Despite this volume spike, net buying has been sparse, with only 2 of the past 7 days showing net buying. The 8-day price change stands at +38.1%, but the total volume delta for that period was -$922,182, confirming that the rally has been driven more by volume than by sustained net accumulation.