LayerZero, a high-performance blockchain data-focused database, has recently seen advancements as well as some potential setbacks. The
CTO’s account experienced a brief hack leading to the posting of phishing links, although these have since been deleted. Receent developments include
X LayerZero Labs' integration with top cryptocurrency networks, driving increasing interest. The
Bitcoin Students’ Network has launched Layer Zero, aiming to empower youth worldwide. LayerZero has connected the PayPal USD stablecoin transfers between
Ethereum and Solana. Despite this, LayerZero’s token price prediction for 2025 indicates that it might not reach new highs. A successful ‘Big Sybil Hunt’ and loyal users supported LayerZero’s recent airdrop, as stated by the CEO. However, the price for their ZRO token dropped by 14% after facing resistance at a triangle level. In spite of this, its daily messages have hit their lowest levels in a year. Some challenges such as the halt of operations at the Stargate because of a DVN malfunction were also faced. LayerZero’s CEO dismissed claims of a critical vulnerability in their system as 'baseless'. Despite the recent controversies, LayerZero activity surged over 400% after the announcement of their second airdrop. They are also planning the largest “witch cleansing” before their coin launch, driving anticipation within the community.
LayerZero News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Wed, 15 Jan 2025 07:43:27 GMT -
Rating 3
- Innovation 8
- Information 7
- Rumor -1
