(
$ZRO )
Price Recovery: ZRO is trading at approximately $1.47, attempting to stabilize after a volatile week that saw it drop from a high of $2.55.
Major Supply Pressure: A significant "cliff unlock" of 24.68 million ZRO tokens (approx. $36.3M) occurred yesterday, February 20, causing a short-term price dip as insiders gained liquidity.
Strategic Pivot: On February 10, LayerZero announced its own high-speed L1 blockchain, "Zero," which aims to handle 2 million transactions per second and is set for a Fall 2026 launch.
Heavyweight Backing: The new "Zero" blockchain has secured massive institutional support from Citadel Securities, ARK Invest (Cathie Wood), and Google Cloud.
Fintech Integration: Robinhood recently announced the integration of LayerZero into its new "Robinhood Chain" to facilitate cross-chain transfers for tokenized stocks and ETFs.
Network Expansion: The protocol officially expanded to Cardano this week, connecting its ecosystem to over 160 other blockchains and $80B+ in omnichain assets.
Technical Outlook: While the token faces a near-term bearish overhang from unlocks, long-term sentiment is turning bullish due to the upcoming "fee switch" vote scheduled for June.
Current Market Snapshot:
| Metric | Value |
| :--- | :--- |
| Market Cap | ~$420M |
| 24h Volume | ~$74M |
| Circulating Supply | ~299M ZRO |
| ATH (Dec 2024) | $7.53 |
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