Renzo (REZ) Token Pumps Over 50% After Coinbase Listing Announcement

The price of Renzo (REZ) token has pumped over 50% within just an hour after the leading crypto exchange Coinbase announces its upcoming listing.

The price of Renzo (REZ) token soared more than 50% within just an hour after the leading crypto exchange Coinbase announced its upcoming listing.

As per Coinmarketcap data, REZ token was trading at $0.016 prior to the listing announcement while it jumped 50.87% as soon as Coinbase posted on X, noting its trading will begin at 9:00 AM PT on 6 March. Coinbase will add support for Renzo (REZ) on the Ethereum (ERC-20 token) network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase @CoinbaseExch in the regions where trading is supported.Coinbase will add support for Renzo (REZ) on the Ethereum (ERC-20 token) network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase @CoinbaseExch in the regions where trading is supported.

REZ is currently trading at $0.02640 with a market cap of $51 million. Its trading volume has increased 300% in the past 24 hours.

The Renzo team also took to X to thank Coinbase for adding support for the token. They further noted that Coinbase is the "most popular exchange in the U.S" with over 105 million users. "With over 105 million users, Coinbase is by far the most popular exchange in the U.S. and top 3 in the world by volume," said the team.

🆕Starting tomorrow, REZ will be available on @coinbase

With over 105 million users, Coinbase is by far the most popular exchange in the U.S. and top 3 in the world by volume.

Be sure to deposit REZ on ETH mainnet ONLY.

For more details, see the thread below from @CoinbaseAssets. pic.twitter.com/aKLGiMmsBf— Renzo (@RenzoProtocol) March 5, 2025

Also Read: Best Penny Cryptocurrency Tokens

The team also warned users to only deposit REZ tokens on Ethereum network as other network integrations have not been added yet. "Be sure to deposit REZ on ETH mainnet ONLY," said the team.

While Coinbase is not the only exchange enabling trading for REZ token as it is available on several popular crypto exchanges already – including Binance, Gate.io, Kraken, Kucoin and others.