REZ crypto surged 70% in two days, extending beneficial properties from mid-July. Renzo faucets into EigenLayer, altering the liquidity restaking recreation on Ethereum and Solana.
The overall crypto market cap is steadily approaching the $4 trillion mark, with Bitcoin remaining essentially the most dominant, commanding a 61% market share. This excessive liquidity means costs don’t transfer as shortly, although the digital gold has surged previously week. With Bitcoin rallying, a number of the finest altcoins to purchase have emerged.
Over the previous 24 hours, Renzo has been among the many high performers, leaping 10%, extending its two-day beneficial properties to almost 70%.
The token is at the moment in a bullish breakout formation, decisively surpassing June 2025 highs and heading towards $0.020, focusing on Q2 2025 highs.
Patrons are in a powerful place and will push REZ (No knowledge) crypto to be among the many subsequent cryptos to blow up. Regardless of a pullback yesterday that reversed some beneficial properties, buying and selling quantity is rising, constructing on the July 15 momentum. This leg up additionally confirms beneficial properties from July 8 to July 11, when REZ crypto added 122% earlier than retracing.
Though Home Speaker Mike Johnson canceled yesterday’s remaining flooring votes attributable to opposition from some Republicans, there may be robust hope that the GENIUS Act will ultimately cross.
Congress voted to permit debate on the invoice’s particulars, with Donald Trump posting on TruthSocial that he was within the Oval Workplace with 11 of the 12 Congress members wanted to cross the act.
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What Is Renzo?
The passing of the GENIUS and CLARITY Acts can be transformative for Ethereum, the place the Renzo protocol performs a key function in securing the mainnet.
Renzo is a liquid restaking protocol for Ethereum and Solana.
It simplifies, flexibilizes, and enhances the interoperability and rewards of ETH and SOL staking on their mainnets.
The platform leverages EigenLayer, permitting customers to deposit ETH or liquid staking tokens like stETH to obtain a liquid restaking token (LRT).
The LRT represents a share of staked belongings and auto-compounds staking and restaking rewards.
Crucially, the token is tradable, enabling customers to have interaction in DeFi actions whereas incomes yields from Ethereum or Solana mainnets and EigenLayer’s Actively Validated Companies (AVS).
Renzo additionally helps EigenLayer AVS safety by managing node operators and consumer methods.
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Why Is REZ Rallying?
The REZ crypto surge is pushed by technical candlestick patterns and elementary developments.
The potential passage of the GENIUS Act is prone to enhance exercise on Ethereum and Solana, straight benefiting liquid restaking protocols like Renzo.
Moreover, Renzo has capitalized on EigenLayer’s initiatives. After introducing slashing in April, EigenLayer not too long ago launched Stream Vaults with contributions from Renzo and Concrete.
1/ Cross-Chain Asset Restaking on EigenCloud with Stream Vaults
Restaking is now not ETH-only. @RenzoProtocol’s Stream Vaults unlock cross-chain, multi-asset restaking for any undertaking on EigenCloud.
→ Restake any ERC-20, together with L2 belongings
→ Launch vaults w/ deposit tokens,… pic.twitter.com/D5xjvWWNxT— EigenCloud (@eigenlayer) July 14, 2025
Stream Vaults adjustments restaking by enabling cross-chain and multi-asset restaking. This removes earlier restrictions limiting restaking to ETH, permitting customers to restake any ERC-20 token, together with layer-2 tokens like ARB. Stream Vaults develop restaking’s scope, making it extra versatile and rewarding.
Renzo has additionally been actively shopping for again REZ from the secondary market.
Just lately, they bought 1.38 million REZ and despatched them to a compounding staking pool.
Weekly Rev Share Stats
38.31% APY
7.07 ETH / ~$18k
1,384,615 REZEach week, the protocol makes use of ETH income to purchase again $REZ after which auto-compound to $ezREZ stakers.
Stake your REZ https://t.co/mzSXyomAi5
— Renzo (@RenzoProtocol) July 13, 2025
The buyback program reduces the circulating provide, creating upward worth stress if demand spikes.
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REZ Crypto Jumps 70% in 2 Days: What Is Renzo?
- REZ crypto is up 70% in two daysÂ
- Renzo is a liquidity restaking platform for Ethereum and SolanaÂ
- GENIUS Act passing is a boon for Ethereum and Solana
- EigenLayer Stream Vaults boosting REZ demandÂ
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