LayerZero (ZRO)LayerZero (ZRO)
LayerZero is a cutting-edge protocol that enables seamless and efficient message transmission between blockchain networks. It ensures the authenticity and certainty of message delivery, allowing users to adjust the level of trust required.
Often described as a "blockchain of blockchains," LayerZero facilitates direct and trustless communication across various blockchain platforms.
The LayerZero price dropped over 36% from its ATH of $4.8, yesterday. However, the bulls made a comeback and have posted a gain of nearly 7.1% at the time of writing.
It has a live market capitalization of $814.62 and ranks 85th in the overall crypto market.
Currently, the bulls seem to be leading the charge intraday and might try to retain their control in the upcoming sessions. on the lower side, the $3 level has been acting as a strong support below which a sharp selling pressure may be observed.
