Renzo (REZ) token, a prominent
Ethereum (ETH)-based liquid restaking altcoin, has shown strong performance in the market following its
listing on significant exchanges such as
Coinbase and
Binance. The price of REZ coin has surged more than 50% after the announcement of its addition to Coinbase, and further gained over 35% ahead of its listing on Bithumb. However, these listing announcements also expose REZ to potential market volatility.
Token unlocks worth over $5M for SUI and OMNI are expected in the coming week, thereby leading to uncertainty. Financial backing is evident for Renzo with a
$17m investment from entities such as Galaxy and Brevan Howard. Despite its positive trajectory, Renzo's REZ coin experienced a dip after both the airdrop and its Binance listing. The Renzo protocol has remarkably achieved $3.3B in Total Value Locked (TVL). Renzo's ezETH, however, depeged to $688 after the end of the airdrop farming window. In other developments, the listing sphere on top exchanges remains highly dynamic with
Coinbase now supporting over eight tokens in Germany and Binance opting to delist multiple low-liquidity trading pairs.
REZ Coin News Analytics from Tue, 03 Jul 2018 07:00:00 GMT to Fri, 30 May 2025 04:35:53 GMT -
Rating 6
- Innovation 7
- Information 6
- Rumor -4
