REZ Coin, also known as Renzo, experienced significant price jumps, with various reports noting increases ranging from 10% to 60 %. This positive price action comes after the well-respected and popular exchange, Coinbase, added the cryptocurrency to its list. In addition, anticipation over the forthcoming listing on another prominent exchange, Bithumb, saw the price of REZ surge by over 35%. Despite a dip following a series of events including an airdrop and Binance listing, REZ continues to make its mark in the market.
Renzo Protocol, the technology behind REZ Coin, offers a unique service in the form of Ethereum (ETH)-based liquid restaking, significantly contributing to the coin's overall popularity and perceived value. In fact, Renzo Protocol has accumulated over $3.3B in Total Value Locked (TVL).
It also became the focus of Binance's distribution plan, eventually leading to the release of Renzo's governance token. Binance plans to launch REZ token on Launchpool, potentially broadening its user base, and future rewards and altcoins could rise after Binance founder's release. Nevertheless, there have been concerns stemming from token unlocks, with SUI in particular being thrown into the spotlight. Still, REZ Coin remains a leading player in the crypto space with its innovations receiving attention and funding from companies like Galaxy and Brevan Howard.
REZ Coin News Analytics from Fri, 10 Feb 2017 08:00:00 GMT to Tue, 27 May 2025 07:00:00 GMT - Rating 8 - Innovation 7 - Information -2 - Rumor -8