↑ Renzo (REZ) Experiences Bullish Surge Following Coinbase and Bithumb Listing Announcements

REZ, an Ethereum-based liquid restaking altcoin developed by the Renzo protocol, managed to raise $17M from Galaxy and Brevan Howard, taking advantage of a restaking frenzy. A top DeFi token, REZ's protocol delivered a total value locked (TVL) of $3.3B. Binance also declared its support for REZ, offering the coin's launch on its famed Launchpool.

There have been some reservations, however. After an airdrop and listing on Binance, REZ dipped. Additionally, the token’s associated ezETH depegged to $688 following the end of an airdrop farming window. Despite these slight setbacks, the prospect of REZ remains largely optimistic. Cryptocurrency circles expect these developments to bolster the price of REZ and other under-the-radar altcoins in the market.

REZ Coin News Analytics from Fri, 10 Feb 2017 08:00:00 GMT to Sun, 04 May 2025 05:27:52 GMT - Rating 6 - Innovation 4 - Information 7 - Rumor 2