$ZRO Welcomes Significant Good News, May Be the Short-Term Market Focus
LayerZero Foundation Plans to Acquire Stargate Cross-Chain Bridge and STG Token for $110 Million. After STG is discontinued, it can be exchanged for ZRO. At the same time, Stargate will be integrated into the foundation's system, and the DAO will be dissolved. There are also backing from top institutions like Binance, a16z, and Coinbase Ventures, injecting strong confidence into the project.
It is worth noting that ZRO will welcome a massive 8.53% unlock in 9 days. From a market logic perspective, project parties often hope to push up the coin price before the unlock, thereby obtaining a better valuation from subsequent releases—especially in the current bullish market atmosphere, this willingness to increase is even stronger.
On-chain data shows that there has been a continuous large inflow of ZRO spot funds over the past 30 days, indicating a clear sign of major players' layouts. Combining fundamentals and capital flows, there is still potential for further increases in the short term.
Hao suggests that fans who haven't positioned yet can pay attention to the pullback support levels to find buying opportunities. Those who already hold should patiently wait for capital to drive the market upward, but Hao also reminds that one needs to be cautious about the volatility risk after the unlock.
If there are still friends who don't know how to position or operate, you can come and ask Hao, and he will answer you for free!!!
