LayerZeroの‌価格

$GRVT After falling to $1.70, LayerZero [$ZRO] bounced back, defended $2, and climbed to a six-month high of $2.14. At press time, $ZRO traded around $2.03, up 15% on the daily charts. Why is LayerZero rallying now? LayerZero rallied as its cross-chain activity drew renewed market attention. Bitblaze observed that LayerZero accounted for 91.6% of transfer volume across six protocols over 30 days, totalling $12.4 billion. It outperformed protocols including Chainlink, Wormhole, and Socket, which collectively shared the remaining 8.4% with other competitors. That dominance followed a single-day record of $4 billion in transfers. However, one wallet did much of the heavy lifting. Another X user, Dami, noted that the wallet moved 4.46 billion WPAY, worth $3.6 billion, from Polygon to Arc. This represented 44% of Wirex’s WPAY tokens and approximately 90% of the daily transfer record. The activity put LayerZero in the spotlight, although its concentration leaves a question: can broader usage sustain that momentum? Are LayerZero’s large holders preparing to sell? As LayerZero gained, exchange transfers from strategic partners and large holders followed. CoinGecko observed that addresses linked to LayerZero’s strategic partners transferred 8 million $ZRO to Coinbase Prime. Such movements can stir sell-off concerns, although transfers alone do not confirm sales. They could also serve custody or liquidity needs. On top of this, another LayerZero-linked wallet deposited 1.7 million $ZRO, worth $3.6 million, to Binance. The wallet had received those tokens barely a day earlier. That quick turnaround raised questions about a potential sale. Meanwhile, CoinGlass data showed that LayerZero’s Spot Netflow had remained positive for four consecutive days. On the 3rd of October, Spot Netflow reached a recent high of $9.1 million. It remained positive at approximately $1.45 million at press time. More tokens were entering exchanges than leaving, increasing the supply available for potential selling. Whether holders actually cash out could determine how much pressure the rally faces. Can $ZRO hold $2 and reach THIS? LayerZero’s price structure remained bullish, with higher lows forming along rising support. The Relative Strength Index (RSI) reinforced that momentum, climbing to approximately 79, inside overbought territory. Buyers retained strong momentum, although an elevated RSI also leaves room for a pullback. If buying persists, LayerZero could hold $2 and target $2.20, with $2.50 as a medium-term objective. However, exchange inflows could complicate that path if deposits translate into selling. A loss of $2 could bring the $1.70 support back into focus.

One of the main reasons is growing interest in LayerZero's cross-chain infrastructure. CEO Bryan Pellegrino recently highlighted around $10B–$15B in monthly cross-chain volume, with LayerZero handling a large share of this activity. Another important factor is ATLAS, LayerZero's new trading infrastructure. The system is designed to create more demand for $ZRO, while part of the fees can be used to buy and burn the token. LayerZero is also continuing its $ZRO buyback strategy, adding another potential source of demand. The main risk is supply. More $ZRO tokens are still being unlocked, which could create selling pressure if demand does not keep growing.

$ZRO kill it

#$ZRO ZROUDT #zro All my friends trade in ZRO open short so more trades and more profitable ZROUSDT Perp 2.0254 +8.99% entry:2.140 TP1: 2.015 TP2: 1.940 TP3: 1.855 SL. 2.180