
The strongest rider on your local group ride might have an FTP of 350 watts. If you're in the company of cycling's elite, maybe there is a rider with a 380W or even 400W FTP, or functional threshold power – meaning the highest average power that rider can produce for an hour. A true FTP test is a lung-bursting effort, an all-out, one-hour time trial.
FTP is seen as the absolute limit, the hardest that you can go for a sustained period of time. Zone 2 is something completely different – it is your aerobic threshold, the highest average power that you can produce without accumulating a significant amount of lactate. In other words, your body can clear lactate as quickly as it's producing it when you're riding in zone 2.