Renzo expands its liquid restaking protocol to Solana with the launch of its REZ governance token, aiming to revitalize its platform through strategic partnerships and new liquidity incentives.

REZ's initial liquidity will be provided on Solana's major AMMS, and the token will be integrated with the blockchain's lending protocols.

TL;DR Innovative Staking Solution: Renzo (REZ) offers a liquid restaking token (LRT) that bridges the gap to the EigenLayer ecosystem, providing better returns than standard ETH staking and streamlining the staking process for users.

As an increasing number of layer-2 chains compete today for user attention and liquidity, developer efforts are ramping up around “chain abstraction,” a broad term used to describe a seamless cross-chain user experience across all chains.

Binance has announced that it will be delisting a number of spot trading pairs. The reason for this is Binance's evaluation of all listed spot trading pairs on a regular basis, analysis of their performance and liquidity.

Renzo, a prominent Ethereum-based liquid restaking protocol, has officially expanded into the Solana network. On August 14, Renzo announced the launch of ezSOL, a liquid restaking token (LRT) designed to enhance staking rewards and liquidity within Solana's ecosystem.

A look at the movement of 10,000 Silk Road bitcoin, Renzo entering Solana liquid restaking, Schumer speaking at a Crypto4Harris and more.

Renzo Protocol is expanding its liquid restaking expertise to the Jito ecosystem on Solana. According to an announcement on Aug. 14, Protocol revealed it was launching ezSOL, the first liquid restaking token on Solana (SOL).

TL;DR Renzo, an Ethereum-based liquid restaking protocol, will launch ezSOL, its first liquid restaking token on Solana, through a collaboration with the Jito Foundation. ezSOL will allow users to earn additional rewards using JitoSOL as the underlying asset, leveraging Jito's MEV-enhanced validator network.

Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space. It is set to launch ezSOL on Jito.

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Renzo, an Ethereum liquid restaking platform, was the latest defi operator to report a compromise as of July 22.

The cryptocurrency market has displayed increased price volatility this week, highlighting an increase in the buying-and-selling pressure in the crypto space. Moreover, top tokens have successfully retested their important support levels, indicating a potential bullish price action in the coming time.

Venture capitalists have been reaping massive gains on a select group of altcoins. However, recent indicators suggest that these investors may be considering selling their holdings soon.

Liquid staking protocol Renzo experienced explosive growth in 2024, rocketing to a peak of just over 1 million ether in deposits worth about $3.3 billion.

Renzo restaked ETH (ezETH), the liquid restaking token representing a user's restaked position at Renzo, experienced a brief crash early Wednesday, trading at a massive discount to wrapped ether (WETH) in a low liquidity environment.

ezETH of the Renzo protocol has experienced a strong dump, dropping to $700.