ZRO Token Surges 22% as LayerZero Proposes $110M Stargate Merger and Major Ecosystem Integration

LayerZero's ZROUSDT experienced a significant price surge in the last 24 hours, primarily driven by the LayerZero Foundation's proposal to acquire Stargate Finance for $110 million and merge the STG token into ZRO. This development has generated bullish sentiment, with market participants reacting positively to the potential integration and unified ecosystem, as well as the anticipated changes in token supply and utility. Additional factors influencing price include the recent 'Proof-of-Donation' airdrop mechanism, LayerZero's integration with Google Cloud and TRON, and the scheduled unlock of 11.2 million ZRO tokens.

Currently, ZROUSDT is trading at 2.353 on Binance, up 22.74% from the 24h open of 1.917, with trading volume and market capitalization showing substantial increases. The token has outperformed the broader market, with technical indicators suggesting strong momentum but also signaling a possible short-term pullback due to overbought conditions.