2Z Token Drops 4.45% After 139.7 Million Unlock Despite SEC Utility Status and Strong Trading Volume

2ZUSDT experienced a 4.45% price decline over the last 24 hours on Binance, dropping from 0.07060 to 0.06746 USDT. This decrease is primarily attributed to increased circulating supply following the recent unlock of 139.7 million DoubleZero tokens and moderate selling pressure in the market. Regulatory clarity from the SEC, which confirmed 2Z as a utility token and not a security, and ongoing institutional interest have supported positive sentiment, though they were not sufficient to offset the impact of the token unlock. Trading volume has reached $160,702 in the past 24 hours on Binance, with a circulating supply of 3.47 billion 2Z and a market capitalization near $249 million, reflecting recent fluctuations in both price and activity.