Renzo (
REZ) has been highly active in the cryptocurrency market seen by a
70% increase in price within a span of two days. The momentum comes hot on the heels of a listing on Binance and consecutive listings on Coinbase on
25 February 2025 and
6 March 2025 respectively. REZ's debut was marked by a
$289M market cap, and has quickly propelled itself as a leading player in liquid restaking protocol through an impressive
$3.3 billion Total Value Locked (TVL).
The restaking frenzy added to the traction, helping to raise
$17 million from key players like Galaxy and Brevan Howard. Alongside the market activity, Renzo also launched an airdrop and made plans to distribute
500 million REZ to incentivize the community. Nonetheless, the coin had to brace turbulent market headwinds, suffering a drop exceeding
35% following the Binance listing.
Michael van de Poppe, a renowned crypto trader and analyst, listed Renzo as a high potential altcoin alongside seven others. In the wake of this, Binance announced plans to delist 14 altcoins
excluding REZ after a community vote. Although most of the market has remained uncertain, the continued strength of bitcoin provides a stable environment for key altcoins like REZ.
REZ Coin News Analytics from Thu, 26 Jun 2014 07:00:00 GMT to Tue, 07 Oct 2025 06:11:23 GMT -
Rating 6
- Innovation 8
- Information 8
- Rumor 2
