2Z Token Surges 3% After Major Unlock, Grayscale Interest, SEC Utility Clarification and DZDP Update

DoubleZero (2ZUSDT) experienced notable price fluctuations over the past 24 hours, largely attributed to the recent unlock of 139.7 million tokens which increased the circulating supply and led to initial selling pressure. Despite this, positive momentum was sustained by renewed institutional interest, particularly Grayscale listing 2Z as an asset under consideration, and regulatory clarity from the SEC classifying 2Z as a utility token. Additional support came from DoubleZero Edge’s new data feeds and the DZDP Phase II update, which introduced validator fee reductions and expanded revenue. Currently, 2ZUSDT is trading at 0.08234 USDT on Binance, reflecting a 3.00% price increase from a 24h open of 0.07994, with robust trading volume and market capitalization estimated between $262.47 million and $278.20 million, highlighting continued active trading and volatility driven by recent developments and institutional participation.