REZ Token Surges 29.87% on Binance After Renzo Protocol’s Institutional Vault Launch and $ezSOL Hype

REZUSDT experienced a significant price increase of 29.87% over the last 24 hours, trading at $0.01413 on Binance. This surge is primarily attributed to the announcement of Renzo Protocol's launch of institutional restaking vaults on EigenLayer in partnership with Concrete Finance, which drove strong bullish momentum and heightened trading activity. Additional factors supporting the price movement include the upcoming launch of $ezSOL, Solana's first liquid restaking token, and anticipation around the scheduled token unlock on July 31. The token's trading volume on Binance reached 1.41 billion REZ in the past 24 hours, reflecting robust market interest and volatility, with the price moving from a 24-hour low of $0.01088 to the current level.