↑ LayerZero Continues Impressive Stride in Crypto Market with Notable Investments and Integrations
LayerZero , a cross-chain platform, has been making significant strides in the cryptocurrency market as evident from a series of recent...
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
