Is $REZ Losing Its Edge? š¤
#REZ , the restaking platform, recently launched a new product called ezEIGEN. šš It's designed to make $EIGEN restaking easier and more efficient.
But is REZ itself doing well? š¤ Not really. š»šš
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. š REZ needs to do something to stand out.
Will the launch of re-staking on $SOL be a game-changer? š¤ Let's see what happens! šŗš
Stay tuned for updates! And remember, the crypto market can be unpredictable. DYOR!ā ļø #Altcoins #Renzo