LayerZero (ZRO) Jumps 27.79% After $110M Stargate Deal, Buyback, and Google Cloud Expansion
LayerZero (ZRO) surged 27.79% in the last 24 hours, primarily driven by news of the LayerZero Foundation’s proposed $110 million acquisition of Stargate Finance and plans to merge STG into ZRO, alongside a ZRO buyback program and ecosystem expansion with Google Cloud and TRON integration. The introduction of a 'Proof-of-Donation' airdrop mechanism and positive sentiment on social platforms further supported bullish momentum, despite a recent token unlock. ZROUSDT is currently trading at 2.442 on Binance, with a 24-hour trading volume exceeding $218 million and a market cap near $384 million, reflecting high volatility and strong market activity.