Is $REZ Losing Its Edge? šŸ¤”

#REZ , the restaking platform, recently launched a new product called ezEIGEN. šŸ‘€šŸš€ It's designed to make $EIGEN restaking easier and more efficient.

But is REZ itself doing well? šŸ¤” Not really. šŸ’»šŸ‘€šŸ‘‡

ā–¶ļø TVL: Down 55% in the last 3 months.

ā–¶ļø ETH Staked: Dropped from 600k ETH to 311k ETH.

ā–¶ļø Price: Still trading 83% below its ATH.

REZ is facing a lot of competition from other re-staking platforms. #pufferfinance , for example, just got listed on several exchanges and has a TVL of over $1 billion. šŸ˜– REZ needs to do something to stand out.

Will the launch of re-staking on $SOL be a game-changer? šŸ¤” Let's see what happens! šŸŗšŸ•

Stay tuned for updates! And remember, the crypto market can be unpredictable. DYOR!āš ļø #Altcoins #Renzo