REZ Token Surges 47% as Trading Volume Tops $260M Amid Protocol Expansion and Market Buzz

REZUSDT experienced a significant price increase of 47.26% over the past 24 hours, rising from 0.01075 to 0.01583, with trading volumes exceeding $260 million. The sharp price movement is attributed to heightened trader activity and sentiment shifts following recent discussions on Binance Square, where both bullish and bearish perspectives were shared. Positive attention has focused on Renzo’s liquid restaking protocol within the EigenLayer ecosystem, which currently holds over $3.3 billion in total value locked, and recent protocol expansion to the Solana ecosystem. These factors, combined with increased market participation and volatility, have contributed to the notable surge in price and trading volume. The current market capitalization is estimated between $42 million and $52 million, with a circulating supply of 2.6 to 3.25 billion REZ tokens out of a 10 billion maximum supply.