Is $REZ Losing Its Edge? ๐Ÿค”

#REZ , the restaking platform, recently launched a new product called ezEIGEN. ๐Ÿ‘€๐Ÿš€ It's designed to make $EIGEN restaking easier and more efficient.

But is REZ itself doing well? ๐Ÿค” Not really. ๐Ÿ’ป๐Ÿ‘€๐Ÿ‘‡

โ–ถ๏ธ TVL: Down 55% in the last 3 months.

โ–ถ๏ธ ETH Staked: Dropped from 600k ETH to 311k ETH.

โ–ถ๏ธ 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. ๐Ÿ˜– REZ needs to do something to stand out.

Will the launch of re-staking on $SOL be a game-changer? ๐Ÿค” Let's see what happens! ๐Ÿบ๐Ÿ•

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