ZEST Price Eyes Breakout As Bitcoin Lending Narrative Grows
Zest Protocol’s token (ZEST) broke above a tight hourly resistance at $0.15773 and trades around $0.16285, rekindling interest in BTC-backed lending. Day-one listings on major exchanges (Binance, KuCoin, Gate, HTX, MEXC) and the project’s claim of being the largest lending protocol across Bitcoin Layer-2s have amplified demand. Analysts note a bullish breakout structure with an upside reference at $0.26048 (May 19 spike) if momentum holds; failure to sustain $0.15773 would likely revert the token to its prior consolidation band. The broader market implication is renewed attention on Bitcoin-collateralized borrowing, which the article frames as a large institutional TAM and a potential bullish catalyst for BTC adoption and on-chain lending activity.