Surge in Activity and Cost Referendum

LayerZero (ZRO), a cross-blockchain interoperability protocol, recorded a 433% increase in user activity following the announcement of its second airdrop. With a token price of $5.12, a market capitalization of $563.15 million, and a 24-hour trading volume up 15.43% (data as of September 26, 2024), ZRO shows strong potential despite a 44.88% decline over the past year. The LayerZero Foundation will hold an on-chain referendum on December 19-20, 2024, for the activation of protocol fees, enhancing the token's utility. Backed by investors such as Andreessen Horowitz, LayerZero facilitates $5 billion in asset transfers across 12 blockchains. Investors are urged to conduct thorough research due to market risks.

Note: Not investment advice. Do your own research.#LayerZero #zro $ZRO