2Z Token Sees 4.28% Drop Amid Market Volatility, Grayscale Interest and SEC Clarity Boost
DoubleZero (2ZUSDT) experienced a 4.28% price decline over the past 24 hours on Binance, dropping from 0.07306 to 0.06993. This decrease is attributed to broader market volatility and recent technical price action, including rejection from local highs and sustained downward pressure seen in early February. The token's movement follows mixed sentiment around the Solana ecosystem, with positive developments such as Grayscale adding 2ZUSDT to its Assets Under Consideration list, regulatory clarity achieved via an SEC no-action letter, and infrastructure upgrades, but also continued market-wide corrections and shifts in liquidity. Currently, 2ZUSDT trades at 0.06993 on Binance, with a 24-hour trading volume near $7.9 million and a market cap around $253–$268 million, reflecting high volatility and active trading across major exchanges.