Renzo (REZ), an Ethereum-based liquid re-staking protocol, has been making waves in the
crypto market. Experiencing an impressive
70% surge over two days, the token shows a positive potential for growth.
REZ has been listed on
Coinbase and
Binance, two of the largest cryptocurrency exchanges, solidifying its position in the market. Moreover, it arrived on
Binance Launchpool, allowing users to stake
BNB and
FDUSD to earn REZ. The protocol garnered a
$289 million market cap at its debut, and with
$3.3 billion in total value locked (TVL), it leads the pack in liquid re-staking. REZ also had its moment of unlocking tokens worth an approximated
$3.86 million in one week. Furthermore,
Renzo Protocol obtained major backing in the form of
$17 million across two funding rounds. One factor contributing to its rise could be the
new coin listings on Binance and expanding trading opportunities. However, investors need to also pay attention to the scheduled token unlocks on several other altcoins like
SUI,
ENA, and
OP.
REZ Coin News Analytics from Thu, 26 Jun 2014 07:00:00 GMT to Mon, 13 Oct 2025 22:36:10 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
