$ZRO , as a multi-chain interoperability protocol, aims to facilitate seamless communication between different blockchain networks.
LayerZero's significant move - the foundation plans to invest $110 million to acquire the Stargate cross-chain bridge and STG tokens.
After STG is discontinued, it can be exchanged for ZRO, and Stargate will be incorporated into the foundation's system, with its DAO being dissolved simultaneously.
Backed by top institutions like Binance, a16z, and Coinbase, the credibility is maximized.
In 9 days, ZRO will see a massive unlock of 8.53%. Logically, the project team must hope to push up the coin price before the unlock, so that the subsequent release can achieve higher value - after all, any project team wants to sell high during a bull market.
On-chain data shows that there has been a continuous large inflow of spot funds in the past 30 days, with a noticeably strong trend. There is a high probability of further upward movements in the short term.
For those who haven't positioned themselves yet, it may be wise to wait for a suitable moment to get in.
