REZ Crypto Jumps 70% in 2 Days: What Is Renzo? Why Is It Rallying?

REZ crypto surged 70% in two days, extending gains from mid-July. Renzo taps into EigenLayer, changing the liquidity restaking game on Ethereum and Solana.

The total crypto market cap is steadily approaching the $4 trillion mark, with Bitcoin remaining the most dominant, commanding a 61% market share. This high liquidity means prices don’t move as quickly, though the digital gold has surged in the past week. With Bitcoin rallying, some of the best altcoins to buy have emerged.

REZ Crypto Spikes 70% in 2 Days

Over the past 24 hours, Renzo has been among the top performers, jumping 10%, extending its two-day gains to nearly 70%.

The token is currently in a bullish breakout formation, decisively surpassing June 2025 highs and heading toward $0.020, targeting Q2 2025 highs.

Buyers are in a strong position and may push REZ (No data) crypto to be among the next cryptos to explode. Despite a pullback yesterday that reversed some gains, trading volume is rising, building on the July 15 momentum. This leg up also confirms gains from July 8 to July 11, when REZ crypto added 122% before retracing.

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Although House Speaker Mike Johnson canceled yesterday’s remaining floor votes due to opposition from some Republicans, there is strong hope that the GENIUS Act will eventually pass.

Congress voted to allow debate on the bill’s details, with Donald Trump posting on TruthSocial that he was in the Oval Office with 11 of the 12 Congress members needed to pass the act.

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What Is Renzo?

The passing of the GENIUS and CLARITY Acts would be transformative for Ethereum, where the Renzo protocol plays a key role 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, allowing users to deposit ETH or liquid staking tokens like stETH to receive a liquid restaking token (LRT).

The LRT represents a share of staked assets and auto-compounds staking and restaking rewards.

Crucially, the token is tradable, enabling users to engage in DeFi activities while earning yields from Ethereum or Solana mainnets and EigenLayer’s Actively Validated Services (AVS).

Renzo also supports EigenLayer AVS security by managing node operators and user strategies.

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Why Is REZ Rallying?

The REZ crypto surge is driven by technical candlestick patterns and fundamental developments.

The potential passage of the GENIUS Act is likely to boost activity on Ethereum and Solana, directly benefiting liquid restaking protocols like Renzo.

Additionally, Renzo has capitalized on EigenLayer’s initiatives. After introducing slashing in April, EigenLayer recently launched Flow Vaults with contributions from Renzo and Concrete.

1/ Cross-Chain Asset Restaking on EigenCloud with Flow Vaults

Restaking is no longer ETH-only. @RenzoProtocol’s Flow Vaults unlock cross-chain, multi-asset restaking for any project on EigenCloud.

→ Restake any ERC-20, including L2 assets
→ Launch vaults w/ deposit tokens,… pic.twitter.com/D5xjvWWNxT

— EigenCloud (@eigenlayer) July 14, 2025

Flow Vaults changes restaking by enabling cross-chain and multi-asset restaking. This removes previous restrictions limiting restaking to ETH, allowing users to restake any ERC-20 token, including layer-2 tokens like ARB. Flow Vaults expand restaking’s scope, making it more versatile and rewarding.

Renzo has also been actively buying back REZ from the secondary market.

Recently, they purchased 1.38 million REZ and sent them to a compounding staking pool.

Weekly Rev Share Stats

38.31% APY
7.07 ETH / ~$18k
1,384,615 REZ

Every week, the protocol uses ETH revenue to buy back $REZ and then auto-compound to $ezREZ stakers.

Stake your REZ https://t.co/mzSXyomAi5

— Renzo (@RenzoProtocol) July 13, 2025