Coin overview
ZRO
Ended--
Last price (USDT)
249.16K
24h total (USDT)
1.00M
Total vol (USDT)
2024-05-20 07:00:00 ~ 2024-06-20 11:30:00
Trading time (UTC+0)
2024-06-20 16:00:00
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness. It is a "blockchain of blockchains" that enables other blockchain networks to communicate directly and in a trustless manner.
Major Cryptocurrency Token Unlocks Top $88 Million This Week
Key Takeaways: Large token unlocks impact market conditions significantly. Short-term volatility expected for ZRO, KAITO, and SOON. Potential price pressures on directly affected tokens. Token Unlocks and Their Impact on the Market Major one-time token unlocks worth over $88 million for ZRO, KAITO, and SOON are set to occur from August 19 to 25, 2025. These unlocks may cause short-term price fluctuations and increased trading volumes, potentially affecting related cryptocurrencies. ZRO (LayerZero), KAITO, and SOON will each face major token unlocks exceeding $5 million this week, totaling over $88 million. This event may significantly influence their market movements in the next few days. Key leadership figures include Bryan Pellegrino for LayerZero and Hu Bing for KAITO. SOON remains less visible in terms of its leadership team’s public profile. No official statements have been released about the unlocks from any involved parties. The influx of tokens could lead to immediate market volatility. LayerZero, KAITO, and SOON might experience short-term price adjustments as the market assimilates the additional supply entering circulation. The token unlocks will likely create price fluctuations and increase trading volumes. Additionally, other cryptocurrencies such as SOL, DOT, and AVAX may witness collateral impacts from the market’s reactive conditions, as discussed in Intellectia . While major financial regulators have not commented on these unlocks, the perception of increased supply can influence investor sentiment and market dynamics. Historical trends suggest that token unlocks often lead to a temporary decrease in prices as the market adjusts. However, the long-term effects remain uncertain. Analysts are closely monitoring these changes for broader implications within the cryptocurrency sector. As noted by the crypto community, “It’s advisable to monitor industry commentary, as community channels reflect caution and speculation regarding potential market volatility linked to the unlock events.”
Potential Market Movements Ahead of Major ZRO Token Unlocks This August
Major token unlocks for ZRO, KAITO, and SOON could trigger significant price fluctuations in the market, with a total value exceeding $88 million expected between August 19 and 25, 2025. Token unlocks impact market dynamics and investor sentiment. The tokens may experience short-term volatility as the market adjusts. Historical trends indicate that similar events often lead to temporary price drops. Understand the upcoming token unlocks for ZRO, KAITO, and SOON, which could greatly impact their prices and trading volumes. Stay informed to navigate potential market fluctuations. What is a Token Unlock? A token unlock is the release of previously locked cryptocurrency assets, allowing them to enter circulation. This process often leads to increased supply, which can affect market prices and investor behavior. How Do Token Unlocks Affect Prices? When large amounts of tokens are unlocked, the sudden influx can lead to immediate market volatility. For instance, recent analysis from Intellectia indicates that ZRO, KAITO, and SOON may face significant price adjustments due to their unlocks this week. Additional tokens can increase supply pressures, compounding existing market conditions based on trader sentiment. Frequently Asked Questions What are the potential effects of token unlocks on ZRO, KAITO, and SOON? Token unlocks for ZRO, KAITO, and SOON may lead to short-term volatility and price adjustments as the market absorbs the new supply. How should investors prepare for token unlock events? Investors should stay informed about upcoming unlocks and monitor market trends, as the perception of increased supply could impact prices. Key Takeaways Large token unlocks impact market conditions significantly.: The upcoming unlocks for ZRO, KAITO, and SOON could trigger short-term volatility. Short-term volatility expected for ZRO, KAITO, and SOON.: The influx of tokens is likely to create price fluctuations. Potential price pressures on directly affected tokens.: Investor sentiment may shift as the market adjusts to the new supply. Conclusion The imminent token unlocks for ZRO, KAITO, and SOON could significantly influence the cryptocurrency markets. As each unlock unfolds, investors should remain vigilant and informed about market reactions, potential volatility, and historical trends. This awareness can enhance decision-making in a rapidly changing environment. In Case You Missed It: Charles O. Parks III Sentenced for Alleged Cryptojacking Scheme Involving Ether and Other Cryptocurrencies
Crypto sleuth slams ‘fake project’ BlockDAG for 1.5+ years presale, investment scam
BlockDAG, a cryptocurrency project that claims to combine blockchain and Directed Acyclic Graph (DAG) technology, is under fire for its prolonged fundraising phase. According to famous crypto sleuth ZachXBT , the fundraising has lasted over 1.5 years while raising significant funds—ranging from $214 million to $376 million, depending on which source you believe. ZachXBT slams BlockDAG for prolonged fundraising Concerns about BlockDAG’s legitimacy have been raised by quite a number of analysts, and Zach claims many community members have been tagging him to get him to investigate the project. Zach claimed this was why he was finally speaking up after all this time, because BlockDAG has had a lot of time to do damage. “I hope your team realizes that BlockDAG Network is a fake project/investment scam that has held a fundraising phase for 1.5+ years that’s supposedly ending ‘soon’ while regularly transferring investor funds to various exchange accounts and marketing fake numbers to increase retail fomo,” he wrote. See also Dubai's VARA regulator fines Fuze for AML failures The post was a response to a May 13 tweet from LBank. The tweet revealed the exchange’s plans to list BlockDAG’s token (BDAG), but it did not specify when it would happen — a vagueness that has become a unflattering characteristic of the project. Zach implied that Lbank may have been paid to list the token, as he revealed he received an offer in his X DM from BlockDAG itself. He shared a screenshot of the chat where he was offered USDT to promote the project with a pinned post that he would be required to keep up for a day. Is BlockDAG a scam? It depends on who you ask. While BlockDAG claims to be the next big Layer-1 blockchain, with its claims of nearly $300 million raised and major brand partnerships, there are several factors causing many to suspect the project may be more hype than substance. Some of the red flags that have been pointed out include how it has a big advertising budget but minimal GitHub activity, with near-empty repositories, and real infrastructure progress is hard to track. Elements of the whitepaper also appear very similar to Kaspa’s, forcing some to accuse it of recycling documentation rather than proposing true innovation. See also LayerZero (ZRO) and KAITO lead $411m token unlocks this week There has also been a surge of impersonator and scam fundraising sites, which security analysts say can drain wallets upon connection, with reports from X users who say they have been scammed. ZachXBT claims users have tagged him to intervene with BlackDAG. Source: @zachxbt Even Reddit users have sounded the alarm, with one user highlighting how ridiculous it is for a legit company to force anyone to pay a fee or tax just to withdraw money. “That’s just a scam to suck more money out of you,” the user wrote. All that is not to say BlockDAG does not tick some checkboxes in terms of at least appearing legitimate. There have reportedly been audit reports, a testnet, and hardware prototypes, things supporters highlight as signs of a serious project. However, without public on-chain fundraising proof, live token listings, or reusable code, investors are being cautious. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
LayerZero (ZRO) and KAITO lead $411m token unlocks this week
LayerZero and KAITO lead a massive $411 million token unlock wave scheduled for the coming week. ZRO unlocks 25.71 million tokens worth $52.44 million while KAITO releases 23.35 million tokens valued at $25.05 million. Major linear unlocks feature SOL, WLD, TIA, DOGE, TAO, and other projects releasing tokens continuously throughout the period. LayerZero and KAITO dominate major single token unlocks LayerZero leads the solo unlock group with 25.71 million ZRO tokens worth $52.44 million unlocked during the week. This accounts for 9.32% of the total supply scheduled for unlocking during the period. KAITO comes next with 23.35 million tokens worth $25.05 million going into circulation this week. The unlock affects 9.67% of KAITO’s unlock supply allocation this quarter. Cliff unlocks data: Cryptopolitan SOON rounds out the major single unlocks with 41.88 million tokens worth $11.49 million. The release affects 17.81% of SOON’s unlock supply, creating the largest percentage impact among major unlocks. The three major single unlocks combine for over $88 million in new token supply hitting markets simultaneously. These concentrated unlocks typically create short-term price volatility as markets absorb the additional supply. Linear unlock schedules create continuous market pressure As per Tokenomist data, Solana leads the linear unlock category with 506.47K SOL tokens worth $92.65 million being released gradually throughout the week. This daily unlock affects just 0.09% of the circulating supply due to SOL’s massive token base. See also BlackRock Bitcoin ETF hits $91.06B AuM TRUMP token follows with 4.89 million tokens valued at $44.01 million impacting 2.45% of circulating supply. Worldcoin adds 37.23 million WLD tokens worth $35.78 million affecting 1.98% of total circulation. Bittensor contributes 50.40K TAO tokens valued at $18.06 million while Dogecoin releases 96.54 million DOGE worth $21.66 million. TAO affects 0.54% of supply while DOGE impacts only 0.06% due to its large token count. Celestia unlocks 6.96 million TIA tokens worth $14.10 million. Other linear unlocks also involve 700K AVAX tokens worth $16.75 million and 3.01 million SUI worth $10.91 million. MORPHO releases 6.96 million tokens worth $13.77 million while ETHFI releases 8.46 million worth $9.82 million. Smaller linear tokens include DOT releasing 2.30 million tokens worth $8.95 million, IP releasing 2.32 million tokens worth $13.20 million, and JTO releasing 4.20 million tokens worth $7.15 million. ENS rounds off the agenda with 307.7K tokens worth $7.86 million. Smaller projects advance through varying unlock stages PlayZap leads the small unlock segment by a significant margin with a cost of $0.01002, as per CoinMarketCap data. The gaming platform is capitalized at $860,383 with 85.84 million PZP tokens in circulation. Completing the unlocking is at 77.91% with 2.31 million PZP tokens to be distributed in the next. See also BTCTurk exchange suffers $48M exploit Reddex does not show real-time price data but has a circulating supply of 45.28 million LQDX tokens. The project has 88.35% unlock progress representing nearly completion of its token unlock schedule. The upcoming unlock will release 10.42 million LQDX tokens representing 2.61% of total locked supply. KARRAT is trading at $0.05388 with a 5.43% decline in the day and $19.06 million market cap. The gaming infrastructure project has 353.68 million KARRAT tokens in circulation with 23.39% unlock progress realized. The upcoming drop adds 16 million KARRAT tokens into circulation. Rebase GG has 49.63 million current IRL tokens in circulation. Unlock progress is 34.95% and holds 14.01 million IRL tokens for the upcoming release. SatoshiVM is $0.1651 down by 3.72% and has a $1.16 million market cap. The platform has 7 million SAVM tokens in circulation with 71.52% unlock progress. The next unlock will release 468,395 SAVM tokens which represent 2.23% of total locked supply for the decentralized virtual machine project. If you're reading this, you’re already ahead. Stay there with our newsletter .
3 Token Unlocks to Watch In the Third Week of August 2025
The crypto market is bracing for significant token unlocks in the third week of August 2025. Approximately $1 billion in new token supplies will hit the market. Three prominent projects, LayerZero (ZRO), KAITO (KAITO), and Soon (SOON), will release substantial token volumes, potentially driving market volatility and influencing short-term price dynamics. 1. LayerZero (ZRO) Unlock Date: August 20 Number of Tokens to be Unlocked: 25.71 million ZRO (2.57% of Total Supply) Current Circulating Supply: 111.15 million ZRO Total Supply: 1 billion ZRO LayerZero is an interoperability protocol designed to enable seamless communication across different blockchains. It supports censorship-resistant, permissionless development with immutable smart contracts. On August 20, LayerZero will release 25.71 million ZRO tokens, valued at approximately $51.9 million. These tokens account for 23.14% of the current circulating supply. ZRO Token Unlock in August. Source: Overall, the allocation includes 13.42 million ZRO for strategic partners, 10.63 million tokens for core contributors, and 1.67 million ZRO for tokens repurchased by the team. 2. KAITO (KAITO) Unlock Date: August 20 Number of Tokens to be Unlocked: 23.35 million KAITO (2.3% of Total Supply) Current Circulating Supply: 241.38 million KAITO Total Supply: 1 billion KAITO Kaito is an artificial intelligence (AI)-powered Web3 information platform that aggregates and analyzes cryptocurrency market data from diverse sources like social media, governance forums, news and more. The KAITO token serves as a medium of exchange, governance tool, and incentive mechanism within the platform. On August 20, the team will unlock 23.35 million tokens, representing 9.68% of the current circulating supply. The supply is worth approximately $24.73 million. KAITO Token Unlock in August. Source: The team will split the unlocked tokens three ways. The foundation will receive 1.19 million tokens. Furthermore, the team will direct 7.16 million KAITO for ecosystem and network growth and 15 million tokens for long-term creator incentives. 3. Soon (SOON) Unlock Date: August 23 Number of Tokens to be Unlocked: 41.88 million SOON (4.32% of Total Supply) Current Circulating Supply: 235.06 million Total Supply: 969.9 million SOON is a high-performance Solana Virtual Machine (SVM) Rollup, designed to implement the Super Adoption Stack. It includes three main components: SOON Mainnet, SOON Stack, and InterSOON. The network will unlock 41.88 million tokens worth around $11.74 million. The unlocked supply accounts for 17.82% of the current supply in circulation. SOON Token Unlock in August. Source: SOON will allocate 26.67 million tokens to SOONer, a collection of non-fungible tokens (NFTs) built on the Solana (SOL) blockchain. Moreover, it will keep 8.30 million tokens for an airdrop to NFT holders. The team has earmarked 4.17 million SOON for the ecosystem, 2.22 million tokens for community incentives, and 520,830 tokens for airdrop and liquidity. In addition to these three, other major projects will release tokens during this period. Investors can look out for token unlocks from Avail (AVAIL), Pixels (PIXEL), Polyhedra Network (ZKJ), and IOTA (IOTA).
LayerZero Announces $110M Buyback Plan for Stargate
Key Points: LayerZero proposes a $110M buyback for Stargate, impacting prices. STG users have redemption rights. ZRO benefits from increased buybacks. LayerZero Announces $110M Buyback Plan for Stargate LayerZero Foundation announced a $110 million buyback proposal tied to Stargate, causing immediate price surges in STG and ZRO tokens upon release. This buyback proposal impacts the LayerZero ecosystem by realigning Stargate revenues with ZRO, boosting STG and ZRO market activity amid investor reactions. LayerZero proposes $110M buyback and STG to ZRO swap, causing price spikes. Proposal Overview The LayerZero Foundation has proposed a significant buyback and token swap. Following the proposal, both STG and ZRO experienced immediate price increases. The plan involves a substantial buyback pool and a STG→ZRO redemption mechanism. Stakeholders are carefully observing these changes. Key players involved in this initiative include LayerZero Labs and the LayerZero Foundation. Leadership is primarily from CEO Bryan Pellegrino and co-founders Ryan Zarick and Caleb Banister. LayerZero is restructuring governance and revenue allocation through a buyback and token swap proposal. “We’ve published a proposal for Stargate holders that would be executed by the LayerZero Foundation, including a redemption contract for STG→ZRO and a sizable buyback to support the transition.” — Bryan Pellegrino, CEO, LayerZero Labs Market Reaction and Financial Implications The proposal has generated significant market reactions, affecting STG and ZRO valuations. These changes impact stakeholders within the LayerZero and Stargate ecosystems. The initiative is seen as a strategic move to consolidate LayerZero’s token model. The financial implications are substantial with $110M allocated for redemption and buyback. This affects liquidity, pricing, and governance dynamics, particularly within the LayerZero infrastructure. Industry players are closely monitoring the transition’s impact on market behavior. Community Perspectives and Strategic Forecasts Key discussions in governance forums indicate diverse community perspectives on valuation and execution. Bryan Pellegrino has emphasized alignment of Stargate revenues to ZRO. The total value locked (TVL) in Stargate may be influenced by these developments. Industry experts forecast potential shifts in blockchain adoption and utilization based on historical precedents. The LayerZero model encourages consolidation of revenue streams around ZRO. Monitoring these shifts provides insights into future market dynamics.
LayerZero Proposes $110M Stargate Acquisition, Token Swap Sparks Mixed Reactions
The LayerZero Foundation has proposed acquiring cross-chain liquidity protocol Stargate in a $110 million deal that would see Stargate’s token (STG) swapped for LayerZero’s native token (ZRO). The announcement has boosted the prices of both assets but also triggered backlash from some STG holders. LayerZero unveiled the plan on Stargate’s governance forum on Sunday, describing it as a move to “accelerate” development and bring Stargate back under its umbrella. Stargate was originally launched by LayerZero in 2022 to enable native asset transfers between blockchains without relying on traditional, hack-prone bridges. The LayerZero Foundation has proposed an acquisition of Stargate (STG). Bring the Bridge Home. pic.twitter.com/OfB4eV2r96 — LayerZero (@LayerZero_Core) August 10, 2025 Under the proposal, STG would be exchanged at a rate of 1 STG for 0.08634 ZRO. The foundation argues that consolidating the two tokens would streamline operations, expand Stargate’s scope beyond bridging, and provide more liquidity for STG holders. The market reacted positively, with ZRO climbing over 23% in 24 hours to $2.44 and STG rising 16.5% to $0.198, according to CoinGecko. Still, both tokens remain far below their peaks—ZRO is down 67% from its December 2024 high of $7.47, while STG has fallen over 95% from its mid-2022 top of $4.14. LayerZero CEO Bryan Pellegrino said the merger would help the project “move faster” and deliver on its roadmap, while offering the Stargate community “a clear path forward with significantly more resources and a single unified direction.” However, several Stargate tokenholders criticized the deal, calling the exchange rate “unfair” and noting that ZRO does not offer STG’s revenue-sharing or staking benefits. Some suggested the offer should be significantly higher—potentially a 1:1 swap—given Stargate’s revenue potential. Others acknowledged the benefits of a unified token but still objected to the loss of staking rewards. The proposal is open for community feedback for the next seven days, after which Stargate’s decentralized autonomous organization (DAO) will vote on whether to approve the acquisition. Meanwhile, The Wyoming Stable Token Commission partnered with LayerZero to develop and distribute the state’s official stablecoin.
ZRO soars 22% as LayerZero proposes to acquire Stargate Finance
Key takeaways LayerZero’s ZRO outperformed the market, adding over 20% to its value in 24 hours. The rally comes after LayerZero submitted a proposal to acquire Stargate Finance. ZRO rallies on Stargate acquisition proposal ZRO, the native coin of the LayerZero ecosystem, is one of the best performers in the market over the last 24 hours. The coin added 22% to its value during that time, allowing it to hit the $2.5 mark for the first time since May. The rally was fueled by LayerZero’s proposal to acquire Stargate Finance (SGT). LayerZero Foundation proposed a $110 million acquisition of the Stargate bridge to the Stargate DAO. With the proposal now in place, STG token holders will soon vote on the proposal. If approved, the STG token would be discontinued, and holders could swap STG for ZRO. SGT also rallied by over 15% since the announcement, as the proposal already has a 70% approval threshold. The proposal stated that, “This offer is designed to accelerate both Stargate and LayerZero, giving Stargate the resources to ship on an aggressive roadmap that expands its prerogative outside of bridging, while tying an incredible, revenue-generating protocol that touches the end-consumer deeper into the LayerZero ecosystem.” ZRO targets $2.8 as bullish momentum remains The recent rally has seen the ZRO/USDT pair become bullish, with technical indicators pointing to potential upward movement. However, the pair is inefficient, suggesting that ZRO could temporarily dip to grab liquidity before rallying higher. The RSI of 79 shows that ZRO is heading into the overbought region if the rally continues. The MACD lines are within the positive territory, indicating that buyers are currently in control. If the rally persists, ZRO could target the next resistance level at $2.8 over the next few hours or days. An extended bullish trend could pave the way for ZRO to hit the $3 psychological mark. However, if the market undergoes a correction or retracement, ZRO could drop to the first liquidity region at $2.0. Failure to defend this liquidity zone would see ZRO retest the TLQ at $1.89.
LayerZero to Acquire Stargate, Retire STG in $110M Token Merger
LayerZero plans $110M Stargate buyout, swapping STG for ZRO at a fixed 0.08634 rate. Stargate DAO may dissolve, ending staking rewards as governance centralizes to LayerZero. Revenues shift to ZRO buybacks, cutting supply and ending direct yields for STG holders. LayerZero has moved to Stargate in a $110 million deal, aiming to retire the STG token entirely. The proposal would convert all circulating STG into ZRO at a fixed rate of 0.08634 ZRO per STG. This planned consolidation targets a single-token model to streamline governance, simplify operations, and integrate revenues into LayerZero’s broader ecosystem. STG Token Swap and DAO Dissolution The agreement values each STG at $0.1675, slightly above its current market price but below past highs. If approved, Stargate DAO will dissolve, ending its independent governance structure and staking rewards system. All future operational and strategic control will shift to the LayerZero Foundation. According to this mechanism, STG holders may exchange their tokens through the open redemption contract at the designated ratio. The LayerZero foundation has assured that any surplus Stargate revenue in the future will be used to buy back ZRO. This scheme may limit the supply in the open market, which could positively influence ZRO’s market performance. The vote will adhere to Stargate DAO guidelines, where 70% of the voting is required, and 1.2 million veSTG votes must be present. The program will commence with a seven-day community discussion followed by a three-day Snapshot vote. With approval, there would be instant conversion of operations, but with no disruption to Stargate bridge users. ZRO Integration and Revenue Redirection The integration will fold Stargate’s $70 billion-plus transaction volume into LayerZero’s core network operations. Stargate’s revenues, which recently generated $939,000 in quarterly payouts to stakers, will instead flow into LayerZero’s centralized treasury. The buyback plan aligns with strategies seen in other major projects, including Chainlink. LayerZero has stressed that this merger of the tokens will eliminate non-distributive functions and consolidate value in ZRO. The transition will remove the fixed-yield staking mechanism found on Stargate and expand the move into the LayerZero token economy. But STG holders will also no longer share direct revenue as part of their staking positions. The proposal has faced mixed reactions in the market, with some participants being excited by efficiency gains and some worried about the loss of valuation and yields. Though the proposed swap rate offers a minor premium, the opponents claim that it is too low, as it does not reflect well on STG’s continuous revenue potential. Discussions continue over whether additional incentives might balance the transition. Related: TRUMP Token Boosts Reach with its Move to TRON via LayerZero Consolidation and Strategic Implications The transaction is one of the biggest tokenized mergers in the ongoing blockchain infrastructure merger trend. The relocation is intended to enhance LayerZero as a cross-chain interoperability leader and dedicate resources. Its proponents view it as a means towards greater speed of execution and more aligned product development. Critics point to the centralization threat of breaking up a working DAO and centralizing decision-making under a single foundation. They caution that this can lead to a precedent of related governance rollbacks across other related protocols. The proposal’s result may change the future of multi-token and sub-DAO ecosystems. In the event of its approval, LayerZero will completely absorb Stargate, manage its revenues, and dictate the technical growth using one operation center. That ruling will reveal whether the market favors consolidation for efficiency or opposes it to protect decentralized governance. The post LayerZero to Acquire Stargate, Retire STG in $110M Token Merger appeared first on Cryptotale.
LayerZero proposes $110M buyout of Stargate amid STG token struggle
LayerZero Foundation has put forward a proposal to acquire all circulating Stargate tokens for roughly $110 million in ZRO, aiming to consolidate control over one of the most-used cross-chain bridges in the market. Summary LayerZero proposes $110M acquisition of all Stargate tokens, offering $0.1675 per STG. Deal would dissolve Stargate DAO, integrate governance under LayerZero, and use revenue for ZRO buybacks. STG rose 12% and ZRO 15% after the announcement; community vote requires 70% approval. The Aug. 11 proposal values Stargate (STG) at $0.1675, a slight premium to its pre-announcement price of $0.1637, and would dissolve the Stargate DAO in favor of a unified governance structure under LayerZero (ZRO). LayerZero buyout proposal details The plan would see all circulating and staked STG swapped for ZRO at a fixed ratio of 1 STG = 0.08634 ZRO, based on ZRO’s $1.94 market price at the time of the offer. After completion, STG would no longer play any operational role, and token holders would be able to use a fixed-rate contract to redeem their tokens indefinitely. All future Stargate earnings would go toward ZRO buybacks under LayerZero’s plan, gradually lowering the amount of stock in circulation. By going beyond bridging into new consumer-facing services, the integration aims to speed up product delivery. You might also like: Telos taps Stargate, Circle and BitGo to unlock liquidity and DeFi growth Stargate, launched in 2022, has processed over $70 billion in volume and introduced the Hydra system to streamline liquidity deployment across chains. Market and community reaction Following the announcement, STG surged 12% to $0.188 and ZRO rose 15%, increasing the deal’s estimated value to about $127 million. The proposal is now in a seven-day discussion phase on the Stargate DAO forum, after which STG holders will vote. Approval requires 70% support and a quorum of 1.2 million veSTG. While LayerZero says the acquisition will accelerate development and streamline governance, some STG holders argue the offer undervalues the bridge’s revenue potential and historical token price. If passed, the transaction would mark a significant consolidation in LayerZero’s control over its flagship bridging infrastructure. Read more: Cronos connects to 115 blockchains via LayerZero
LayerZero Acquires Stargate Bridge in $110M Acquisition Proposal
What to Know: LayerZero proposes a $110M acquisition of Stargate Bridge, affecting governance. STG to ZRO token swap will unify cross-chain infrastructure. The move may alter liquidity flows in DeFi protocols. LayerZero Acquires Stargate Bridge in $110M Acquisition Proposal LayerZero Foundation has announced a $110 million acquisition proposal for the Stargate bridge, aimed at transitioning to a unified governance model through a token swap under LayerZero. This acquisition aims to consolidate cross-chain infrastructure, impacting token valuations, governance dynamics, and liquidity flows, reflecting confidence in the burgeoning DeFi ecosystem’s adaptability. LayerZero $110M Bid Highlights Strategic Expansion The LayerZero Foundation initiated the acquisition of Stargate Bridge with a $110 million proposal. This strategic move intends to execute a token swap, merging STG into LayerZero’s ZRO token. The proposal involves replacing the STG governance token, with LayerZero assuming control under CEO Bryan Pellegrino’s guidance. The objective is to centralize operations and enhance cross-chain utility. LayerZero Foundation will assume ownership and operation of all Stargate Finance duties. Stargate will continue without interruption; users of Stargate will not need to take action during the transition. — Bryan Pellegrino, CEO, LayerZero Labs Surge in STG and ZRO Tokens Post-Announcement The announcement saw a 12% increase in STG pricing, while ZRO marked a 15% gain. These spikes suggest a positive response from stakeholders and potential shifts in DeFi protocols. Financial implications include potential changes in cross-chain liquidity and the reallocation of revenue to ZRO buybacks. Social and business responses remain cautiously optimistic, pending further community engagement. Past Mergers Point to Possible Liquidity Volatility Past mergers, like Anyswap into Multichain , often result in significant liquidity adjustments. These historical trends suggest possible volatility during governance token phase-outs and infrastructure shifts. LayerZero’s integration could deepen liquidity pathways and expand protocol adoption. Historical data indicate potential for increased token utility and ecosystem growth within the decentralized finance landscape.
LayerZero Proposes $110 Million Stargate Buyout: Here’s What You Need to Know
A proposal to merge LayerZero & Stargate has been put forward, with all STG tokens to be swapped for ZRO. The merger of these two projects could serve as a warning sign for other multi-token and sub-DAO models. What the LayerZero-Stargate Deal Means for Token Holders The LayerZero Foundation has officially proposed to acquire Stargate and the STG token. The estimated value is USD 110 million. Under the proposal, each STG token will become redeemable for 0.08634 ZRO through a fixed-rate redemption contract, based on ZRO’s market price of $1.94 at the time of proposal. If approved, STG will cease its operational role, and LayerZero will dissolve Stargate DAO. LayerZero stated that any excess revenue from Stargate will be used to buy back ZRO. This buyback strategy has recently been observed in several major projects, including Chainlink. In the long run, it could reduce ZRO’s circulating supply and alter its pricing/risk-return model. According to the announcement, the proposal will also include a public discussion phase, followed by a three-day voting period on Snapshot. It requires a high approval threshold of 70%, with a quorum calculated based on the veSTG. The proposal received both positive and negative views from the community. Some argue that managing two tokens simultaneously will cause the team to lose focus and become ineffective. Others argued that the LayerZero & Stargate merger is inevitable. However, from their operating model, concepts such as multi-token setups and sub-DAOs may not deliver as much value as previously thought. “Both projects have long been synonymous with each other. This proves: multi-token models; sub-daos and all of that bulls**t has always been inherently bearish for projects,” an X user commented. One objection focused on the issue of the rights of current STG holders. “The offers are not attractive at all. They do not offer any advantages to STG holders, and STG’s revenue sharing system is not available on ZRO. We will only be able to hold on to our tokens,” a user shared. Nevertheless, the dissolution of Stargate DAO and its integration into a larger foundation raises questions about centralized governance. Moreover, the swap mechanism, the redemption contract’s open period, and the benefits for veSTG/stakers could decide whether the LayerZero & Stargate merger deal is approved. ZRO & STG Price Performance. Source: The market reacted instantly following the merger announcement. STG and ZRO have surged sharply, currently trading at $0.1942 (+17%) and $2.44 (+22%), respectively. These short-term price movements reflect both merger expectations and the immediate reactions of market makers.
Lido DAO (LDO) Rockets 15% as Bulls Target $2.00 Breakthrough
Lido DAO price has surged by 15% in the last 24 hours, suggesting bullishness. LDO daily trading volume has surged by 45% suggesting increased demand. Lido DAO (LDO) is showing impressive bullish energy at the moment, as the token has been displaying extreme strength in its recent price action. As per CMC data, currently LDO is trading at around $1.498 and has surpassed key resistance levels, and is forming a strong bullish trend that indicates further gains in the short run. Another major bullish situation is the exponential moving average setup. The 50-day EMA at $0.997 is well below the current price, and it is moving up, and the 200-day EMA at $1.060 is also moving up. This positioning shows that the short-term and long-term trends are going in a bullish direction, and the set-up is ready to form a possible golden cross. This technical pattern is usually an indication of long-term bullish momentum and institutional buying interest when the 50-day EMA breaks above the 200-day EMA. The LDO MACD indicator supports the bullish thesis by showing positive values and green histogram bars that are increasing in size, which means that the buying pressure is rising. This indicates that the current price rally has been backed by real market power as opposed to short-term speculative action. The trend of the momentum oscillator shows that buyers are entering at higher and higher prices, which means that they have faith in the further growth of LDO price. What Next For Lido DAO Price? Source: Tradingview The Lido DAO RSI value of 76.30 puts the token in the overbought region, which is usually an indication of caution. Nevertheless, in powerful trending markets, assets may stay overbought for long durations as they keep moving upwards. The high RSI is to be watched out for to see whether it is diverging or not, but in the present bullish scenario, it indicates a lot of buying pressure and not a reversal signal. Social sentiment analysis indicates that the market perception is improving, with a threshold reading of 0.10,8 indicating that the community engagement is shifting towards positive perception. This is the underlying backdrop that underpins the technical image is in optimistic moods tend to lead to long-term price trends. In the upcoming sessions, LDO seems to be in a good position to test the $2.00 target level, which is about 34% upside at the current levels. The support level at $1.25 is a strong point of any possible retracement, and traders have a decent risk-to-reward ratio. The technical indicators, the better sentiment, and the EMA convergence indicate that the bullish trend of LDO has more potential to extend, which makes it an appealing opportunity for trend-following approaches. Highlighted Crypto News Today: LayerZero (ZRO) Defies Gravity: Can the 23% Blast-Off Keep Flying?
LayerZero (ZRO) Defies Gravity: Can the 23% Blast-Off Keep Flying?
LayerZero jumps 23%, now trading at $2.46. ZRO trading volume skyrockets by over 808%. After a series of rollercoaster rides, the crypto market cap has hit above the $4 trillion mark. Some major assets are charted in green; some are caught in a bearish grip. The largest assets, like Bitcoin trading at $122K and Ethereum at $4.3K. Following this upturn, LayerZero (ZRO) has posted a solid surge of over 23.72% in the last 24 hours. LayerZero traded at its bottom range of $1.89 in the early hours. After the bullish awakening, the price has moved up toward a high of $2.57, breaking the crucial resistance between $1.93 and $2.53. As per CMC data , LayerZero traded at around $2.45, with its market cap at $427 million. Meanwhile, the daily trading volume has skyrocketed by 808%, to $368 million. While zooming in on the ZRO’s seven-day price chart, it has registered a steady gain of over 40%. The asset’s weekly low and high were marked at $1.70 and $2.50 zones after a series of ups and downs. Can LayerZero Ride the Rally Higher, or Will It Stall? LayerZero’s technical chart analysis exhibits that the Moving Average Convergence Divergence (MACD) line is located above the signal line. This crossover is seen as a bullish signal, and the asset’s price could continue rising in the near term. ZRO chart (Source: TradingView ) Besides, the Chaikin Money Flow (CMF) indicator found at 0.21 shows strong buying pressure in the market. Since the value is positive, the capital is flowing into the asset rather than out, which brings in a positive outlook. The recent bullish trading pattern of the asset could trigger the price to jump over the $2.52 range. The prolonged upside correction of ZRO might reinforce the bulls, bringing in a retest at $2.58 resistance. In the event of a bearish turn, the asset might face some risks. LayerZero might reverse the price action toward the support at $2.40. With continued bearish pressure, it could send the price back to a low range of $2.34 or deepen losses. ZRO chart (Source: TradingView ) In addition, the Bull Bear Power (BBP) reading of 0.673 implies a strong bullish dominance in the market, and the price is trading above, as a sign of upward pressure. Also, LayerZero’s daily Relative Strength Index (RSI) is resting at 78.28, signalling its overbought threshold. It could generally face a pullback or consolidation soon unless the buying pressure continues. Highlighted Crypto News Arthur Hayes Buys Back Ethereum at a Premium After Recent Sell-Off
ZRO Explodes 30%: What’s Driving the Rally?
Key Notes ZRO is trading around $2.49 with 30% daily gains. The rally follows LayerZero Foundation’s $110 million Stargate acquisition. ZRO sees over 1,000% surge in trading volume as analysts eye a $3.2 price target. LayerZero’s native token, ZRO ZRO $2.34 24h volatility: 21.9% Market cap: $261.11 M Vol. 24h: $521.43 M , has become one of the top performers in the crypto market on Monday. At the time of writing, the 139th largest cryptocurrency is trading around $2.49, up by over 30% in the past day. ZRO has also seen a massive 1,087% surge in its 24-hour trading volume, currently standing at $433 million. This suggests a sudden rise in investor interest, with a 29% uptick in its market cap. This rally follows a Sunday’s announcement by LayerZero Foundation, proposing a $110 million acquisition of the decentralized finance platform Stargate STG $0.19 24h volatility: 13.7% Market cap: $180.94 M Vol. 24h: $116.90 M . The plan, outlined in Stargate’s community forum, aims to bring the protocol back under LayerZero’s control and accelerate its development beyond asset bridging. The LayerZero Foundation has proposed an acquisition of Stargate (STG). Bring the Bridge Home. pic.twitter.com/OfB4eV2r96 — LayerZero (@LayerZero_Core) August 10, 2025 Under the proposal, Stargate Finance’s STG token would be swapped for LayerZero’s ZRO token at a rate of 1 STG to 0.08634 ZRO. Related article: Altcoin Season with 200-500% Rally Led by Ethereum Is Here, Says Expert If approved by Stargate’s community, the move would reunite the two projects, as Stargate was initially developed by LayerZero in 2022 before operating independently. Recently, the ETH/BTC ratio rose 38.53% over the past 30 days, showing increased investor appetite for altcoins . Community Reaction The proposal will remain open for community feedback for seven days before a formal vote by Stargate’s decentralized autonomous organization (DAO). Despite the optimistic outlook from LayerZero’s leadership, many STG holders expressed dissatisfaction with the proposed terms. The community members argue the swap rate is too low and would strip STG holders of their ability to stake tokens for rewards. Others acknowledged the benefits of merging the tokens, noting that managing two separate assets can be cumbersome, but agreed the current offer undervalues STG holders. LayerZero co-founder and CEO Bryan Pellegrino described the deal as a way to “move faster, ship faster.” He added that the acquisition would help Stargate pursue its roadmap with greater resources and a unified direction. Bring the Bridge Home. Every day decisions get made internally at @LayerZero_Core on products to build, partnerships made, integrations Every day small micro decisions of do we do it ourselves, send them to Stargate, who writes the code. All of this is overhead All of this… https://t.co/KUr9AHEasr — Bryan Pellegrino (臭企鹅) (@PrimordialAA) August 10, 2025 The proposal news also triggered sharp gains for STG, which climbed 20% to just above $0.197, extending a week-long rally. Market greed is rising as BitMEX co-founder Arthur Hayes recently moved $16.5 million in USDC to buy up altcoins amid bullish momentum. ZRO Price Outlook ZRO appears to be forming a clear w-reversal pattern on the daily timeframe, with its formation beginning in early May. The token is now breaking above a key horizontal resistance zone between $2.25 and $2.30. According to Alpha Crypto Signal, a daily close above this range would confirm bullish momentum and potentially lead to a price rally toward $3.2. #ZRO HTF Analysis: $ZRO has formed a clear w-reversal pattern on the daily timeframe and is now breaking above a key horizontal resistance zone. A daily close above this level would confirm bullish momentum and potentially open the door for a rally toward the $3.20 area. The… pic.twitter.com/BR8ScM5Z5B — Alpha Crypto Signal (@alphacryptosign) August 11, 2025 Despite the recent price bounce, ZRO is still down 67% from its December peak of $7.47. However, analysts are predicting it to become the next 1000x crypto token in this bull cycle. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
LayerZero Foundation proposes $110 million acquisition of Stargate bridge as STG token struggles
LayerZero Foundation, the organization which supports the cross-chain interoperability protocol LayerZero, proposed on Sunday a $110 million acquisition of the Stargate bridge and its STG tokens, aiming to bring a major ecosystem participant in-house. "This offer is designed to accelerate both Stargate and LayerZero, giving Stargate the resources to ship on an aggressive roadmap that expands its prerogative outside of bridging, while tying an incredible, revenue-generating protocol that touches the end-consumer deeper into the LayerZero ecosystem," the proposal states . Under the terms of the proposal, the STG token would be discontinued, with STG holders able to trade their tokens for ZRO, the native token of LayerZero, at a ratio of 1 STG : 0.08634 ZRO, reflecting a value of $0.1675 per STG and $1.94 per ZRO. Stargate would be brought under the LayerZero Foundation, and its DAO would be dissolved. "We want to move faster," LayerZero Labs co-founder and CEO Bryan Pellegrino wrote on X . "[We want to] help Stargate execute on it's ambitious roadmap while creating a single stack that anybody integrating within the LayerZero ecosystem can adopt." Stargate was originally launched by LayerZero in 2022, and its token, STG, reached its all-time high price of $4.14 soon after. However, despite the bridge's success — the proposal touts it as "the most used bridge in the industry today" with over $70 billion in historical volume — the token's price has dwindled to under $0.20. Following the proposal, the price of STG jumped about 12%, currently trading at $0.188 at 2:30 pm ET, according to The Block's STG Price page. The ZRO token also jumped, rising about 15% following the announcement, according to The Block's ZRO Price page. With both tokens moving up in price, the dollar value of the deal effectively increases, from $110 million when the proposal was published to about $127 million at current prices. The proposal, posted in the Stargate DAO's community forum, is open to questions for the next seven days. Some early respondents complained that STG holders were not being compensated well enough. "The $STG token has been as high as $4 in previous cycles. Given the amount of revenue Stargate makes and the potential for the protocol, this offer should be significantly higher," user Vladtheinhaler wrote . "We believe at the time of proposal the deal represented fair value, the DAO will need to judge for itself," Pellegrino told The Block. Pellegrino also said all LayerZero insiders who hold STG tokens will abstain from the upcoming vote. Updated 3:38 pm EST with additional comments from Bryan Pellegrino.
Bitget to support loan and margin functions for select assets in unified account
Bitget will introduce new margin assets to the unified account on August 6 (UTC+8), with loan functionality enabled at the same time: GRASS, ZRO, BABY, PNUT, STX, RENDER, ICP, KAITO, FLOKI, PENDLE Links: What is a unified account View coin haircut View loan coin data Disclaimer Cryptocurrencies are subject to high market risk and volatility despite their high growth potential. Users are strongly advised to do their own research and invest at their own risk. Thank you for supporting Bitget. Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
This week, major token unlocks for TRUMP, ZRO, and ARB will exceed $100 million in value
According to Token Unlocks data reported by Jinse Finance, this week will see significant one-time token unlocks for FTN, ZRO, ARB, and others, with a total value exceeding $100 million. Specifically: Official Trump (TRUMP) will unlock approximately 90 million tokens, worth about $878 million, accounting for 45% of its circulating supply, on July 18 at 8:00 (UTC+8); Fasttoken (FTN) will unlock 20 million tokens, valued at around $89.8 million, representing 4.64% of its circulating supply, on July 18 at 8:00 (UTC+8); LayerZero (ZRO) will unlock 25.71 million tokens, worth about $55.53 million, accounting for 23.13% of its circulating supply, on July 20 at 7:00 (UTC+8); Arbitrum (ARB) will unlock 92.65 million tokens, valued at approximately $38.06 million, representing 1.87% of its circulating supply, on July 16 at 21:00 (UTC+8); ApeCoin (APE) will unlock 15.6 million tokens, worth about $10.35 million, accounting for 1.95% of its circulating supply, on July 17 at 20:30 (UTC+8).
RootData: ZRO to Unlock Tokens Worth Approximately $54.24 Million in One Week
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, LayerZero (ZRO) will unlock approximately 25.71 million tokens, valued at around $54.24 million, at 11:00 AM (GMT+8) on July 20.
Data: Suspected LayerZero team/investor wallet deposits 2 million ZRO into CEX
According to Onchain Lens monitoring, a wallet suspected to belong to the LayerZero team or investors has deposited 2 million ZRO tokens into a CEX, valued at $3.615 million. These tokens were received over a year ago, and the wallet currently still holds 4 million ZRO, worth $7.23 million.
Filled orders
Delivery scenarios
