2Z Token Surges 8.96% Amid 139.7M Unlock, SEC Utility Status and Institutional Interest Fuel Momentum

2ZUSDT experienced notable price volatility over the past 24 hours, with a current price on Binance of $0.07846, reflecting an 8.96% increase from the 24-hour open. The primary driver of recent price fluctuations was a major token unlock event, releasing 139.7 million 2Z tokens into the market and temporarily increasing selling pressure. Despite this, positive developments such as the SEC's classification of 2Z as a utility token and institutional interest from Grayscale and DBA Fund have supported renewed market sentiment. Active trading volume and consistent market capitalization between $235.92 million and $265.15 million further highlight sustained engagement, with the circulating supply at 3.47 billion 2Z and a 24-hour trading volume exceeding 13.28 million 2Z on Binance.