Renzo (REZ) is a governance and liquid restaking token tied to the Renzo Protocol, which supports EigenLayer services and DeFi utilities.
The coin currently trades at a low USD price (around ~$0.0046) with a market cap in the tens of millions, far below its all-time high (~$0.26), reflecting deep drawdown since launch.
Price action has shown modest upticks and sideways movement recently, with moderate trading volume and supply dynamics impacting volatility.
Past exchange listings (e.g., Coinbase anticipation) and protocol developments have triggered short-term rallies, though long-term trend remains weak.
Investors should watch token unlock schedules and broader restaking market sentiment for potential catalysts.
@Renzo Official $REZ #RENZO #rez