Renzo (REZ) has experienced a steep rise in its price, with a notable 10% increase following the announcement that Coinbase planned to add the token to its listing. This momentum carried, causing a 70% jump within two days, raising questions about what REZ is and why it was rallying. Furthermore, the debut of REZ's airdrop initiated by the
Liquid Restaking Protocol Renzo, resulted in a substantially intimidating $289M market cap.
Trading for REZ, among other tokens, began mid-July, followed by an influx of $550M worth Token Unlocks surrounding altcoins including SUI. Meanwhile, Binance took steps to delist several low-liquidity crypto pairs as part of a year-end review to ensure stability. Despite uncertainty in the altcoin market, REZ managed to capitalize on the Restaking frenzy raising $17M from Galaxy and Brevan Howard.
Coinbase extended their platform, adding eight new cryptocurrencies for German users including REZ. Additional announcements and developments continued to favor REZ; Binance released their distribution plan for the Renzo's governance token and Coinbase increased transparency for new asset listings. However, a brief crash was observed on Uniswap for
Renzo Restaked ETH. The buzz around REZ surely played a part in the
40% surge of its price. Ultimately, REZ continued to soar as speculation grew around another potential explosion in its price.
REZ Coin News Analytics from Thu, 26 Jun 2014 07:00:00 GMT to Mon, 11 Aug 2025 06:57:40 GMT -
Rating 9
- Innovation 5
- Information 7
- Rumor 4
