Trilitech Launches Metals.io in the Tezos Ecosystem
Trilitech, a London-based development company focused on the Tezos ecosystem, launched a new platform called Metals.io on Monday. The platform offers trading of tokenized commodities including xU3O8 tokenized uranium, tokenized gold, and Noemon Tech’s RARE token. According to the announcement to Cointelegraph, this launch is an expansion of Uranium.io in the XTZ detailed analysis ecosystem; Uranium.io was launched in December 2024 on Tezos’s Ethereum Virtual Machine compatible Layer 2, Etherlink, as a retail-focused uranium market.
Metals.io responds to the growing investor interest in strategic materials linked to industrial use and AI infrastructure demand. The platform aims to reduce access barriers to uranium trading, which was previously exclusive to institutional investors. Trilitech’s head of commercial applications, Ben Elvidge, stated that approximately 9,000 retail investors have acquired the tokenized uranium product since the launch of Uranium.io. Both platforms are built on the same Etherlink infrastructure, highlighting Tezos’s low-cost and fast transactions.
XTZ Technical Outlook and Price Analysis
XTZ is currently trading at the $0.35 level (+1.86% 24h change). RSI at 38.61 is close to the oversold region, but the overall trend is downward (Supertrend: Bearish, EMA 20: $0.3731). This launch could bring liquidity flow to the XTZ ecosystem.
XTZ Support and Resistance Levels
- Supports: S1 $0.3238 (⭐ Strong, -7.41%), S2 $0.3405 (⭐ Strong, -2.63%)
- Resistances: R1 $0.3578 (⭐ Strong, +2.32%), R2 $0.3688 (⭐ Strong, +5.46%)
Monitor these levels for XTZ futures; there is recovery potential with Etherlink growth.
Source: https://en.coinotag.com/trilitech-metalsio-launch-tokenized-commodities-on-xtz
