Renzo (REZ) has broken out of a long-term downtrend, with a potential target of $0.05458 indicating a possible 446% upside. Price must hold above $0.01289 to maintain bullish momentum, as increasing volume suggests a strengthening trend.

According to Tokenomist, there will be large unlock events in the next 7 days: Unlock single orders over 5 million USD: SUI, JUP, OP, KMNO, HUMA, VENOM, SOPH, ZETA, ALT, SAHARA and REZ. Unlock linear on 1 million USD/day: SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO and ENS. Total unlocked value

Written by: White55, Mars Finance The Bitcoin market experienced a shocking scene on August 15th. Just hours after hitting a historic high of $124,500, the price of Bitcoin suddenly reversed and rapidly fell below the key support level of $117,500, with a daily decline of 4.24%, reaching a low of $117,000. This plunge of up to $7,000 was like a bucket of cold water, dousing the market's recently ignited frenzy. This flash crash is not an isolated event. The total market capitalization of the crypto market evaporated by 3.9% within 24 hours, falling to $4.09 trillion. Ethereum followed Bitcoin's lead, dropping below the $4,500 mark, now reported at $4,568. Even more tragic is the altcoin market, with Ethereum-based coins like REZ, SSV, and ORDI.

Altcoins under $0.40 like REZ, AI16Z, and RED are showing increased activity amid Bitcoin’s projected climb to $150,000. On-chain analytics indicate growing developer participation and wallet activity around these projects, despite low market capitalizations. Sector diversity — from restaking to A

Token unlocks value exceeds $549 million across cliff and linear releases within a 7-day period. BIO, REZ, and KMNO show the highest cliff unlock percentages, reaching up to 19.84% of the circulating supply. SOL, WLD, and DOGE lead the linear unlocks, with daily releases valued above $20 million e

This week, multiple Tokens will see a large unlocking, with a total value exceeding $250 million. The Tokens include SUI, BIO, OP, KMNO, ZETA, ALT, VENOM, REZ, DYDX, and GUN, with unlocking times concentrated between May 28 and June 25. The total amount of unlocked Tokens is substantial and may have a certain impact on the market.

REZ forms a falling wedge pattern, indicating a potential bullish breakout. A breakout could lead to a target price of $0.02279, implying a 53% upside. Despite a TVL of $969M, REZ's market cap remains low at $41.41M. The market cap/TVL ratio is 0.0428, suggesting possible undervaluation.

CoinVoice has learned that according to the token unlocking data from the Web3 asset data platform RootData, Renzo Protocol (REZ) will unlock approximately 39.817 million tokens at 8:00 AM Beijing time on May 24, worth about 6.19 million USD.

This week, multiple tokens will experience unlocking events, with a total value exceeding 350 million USD. Some of the tokens include SUI, OMNI, OP, KMNO, ENA, ZETA, REZ, MEME, DYDX, and GUN, and they will unlock on different dates.

Next week, a total of 8 projects will have Token unlocks, among which REZ has the highest unlock amount, accounting for 43.7% of the total. Other important projects include SUI and MEME. SUI is the native Token of the Sui Blockchain, and its price is rising rapidly, with various use cases. MEME is a Web3 project launched by 9GAG, aiming to build a community-centric ecosystem.

Trump will deliver a speech at the White House digital asset summit. The executive order on strategic BTC reserves is issued, requiring institutions to report the transfer of authority. Users need to pay attention to the potential withdrawal risk of Odin.fun funds. Base acquisition Iron Fish team. Analysts say BTC and ETH volatility is increasing. SUI's cooperation with WLFI is widely followed. CTG's release of the "Resurrection Island" quarter has sparked heated discussion. AXS released a new game "Atia's Legacy", which is highly followed in the market. The largest gainers are $SUI, $REZ, and $SOLV, and the largest decliners are $ONDO, $RED, and $FARTCOIN. On-chain data shows the capital flow on March 7th.