↑ LayerZero: Skyrocketing 75% and Expanding Interoperability
US State Wyoming is launching its own stablecoin WYST . Hedera has integrated LayerZero into their mainnet. There has been a 75% increase in...
Today's top crypto news are focused on LayerZero technology and its significant impacts in the industry. The state of Wyoming will become the first to launch their state-backed stablecoin, WYST, using LayerZero technology by July. LayerZero (ZRO) prices reported an impressive rise of over 100%, but analysts suggest caution as an overbought signal looms.
The company's CEO has announced that the second round of airdrop plans will emphasize real usage, planning a different approach compared to the first one. Spotify also reports a significant partnership with LayerZero, enabling USD stablecoin transfers between Ethereum and Solana. Another major partnership involves Tether, which will be launching a cross-chain stablecoin, known as USDT0, with LayerZero.
Already supported by Cronos EVM, Cronos zkEVM, LayerZero will now provide cross-chain bridges to over 115 blockchain networks including TON Blockchain, Rootstock, and others. Another remarkable announcement is the settlement of FTX estate which further boosted ZRO'S skyrocketing price by 75%. All these developments culminate in ZRO's promising price prediction for 2025.
LayerZero News Analytics from Tue, 14 May 2024 07:00:00 GMT to Wed, 02 Apr 2025 14:25:00 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor 2
