Although almost all eyes have been on Bitcoin, top cryptocurrency Tezos has seen a stellar past 24 hours. Per data from TradingView, the altcoin, in the top as $2.04 from yesterday’s price of $1.75.

Analysts across the board say that this strong move higher in the price of XTZ could be a precursor to an even larger surge higher, citing their technical analysts and the positive fundamental trend of the project.

(For some quick context, Tezos is a blockchain ” for assets and applications backed by a global community of validators, researchers, and builders. It uses a Proof of Stake consensus mechanism.)