REZ Token Soars 50% After Renzo Protocol Partners With Concrete Finance for Institutional Restaking Vaults

REZUSDT experienced a significant price surge in the past 24 hours, with the price rising 50.98% to $0.01620 on Binance. This sharp increase is primarily attributed to the announcement of Renzo Protocol’s partnership with Concrete Finance to launch institutional restaking vaults on EigenLayer, which has attracted heightened market attention and trading activity. The news has driven both a technical breakout and a substantial spike in trading volume, as well as divergent short-term outlooks among analysts.

Currently, REZUSDT trades at $0.01620 with a 24-hour trading volume exceeding $205 million, a circulating supply of approximately 3.25 billion, and a maximum supply of 10 billion. The token has shown notable volatility, trading between $0.01045 and $0.01714 in the last 24 hours, reflecting strong market engagement following recent developments.