ZRO Token Soars 29% as LayerZero Eyes $110M Stargate Acquisition, Trading Volume Hits $218M

ZROUSDT surged 29.12% in the last 24 hours, primarily driven by news of the LayerZero Foundation’s proposed $110 million acquisition of Stargate Finance, which would allow STG holders to swap for ZRO and further integrate Stargate into the LayerZero ecosystem. The acquisition proposal has reached a 70% approval threshold, fueling bullish sentiment and a sharp increase in trading activity, with ZRO’s trading volume on Binance exceeding $218 million and total market volume rising over 1,224%. Currently, ZROUSDT is trading at 2.483 USDT on Binance, with a market capitalization of approximately $383.77 million and a fully diluted valuation of $2.44 billion, reflecting heightened volatility and strong investor interest following the announcement.