LayerZero Sees Unmatched Traction, $ZRO Whale Accumulation Raises Eyebrows

LayerZero Sees Unmatched Traction, $ZRO Whale Accumulation Raises Eyebrows

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Source: TheMerkle.com

LayerZero is making waves in the blockchain space, despite recent slowdowns in farming activities. With a Fully Diluted Valuation (FDV) of under $3 billion, LayerZero $ZRO boasts over 10 times the daily cross-chain message traffic compared to its closest competitors, Wormhole and Axelar Network.

This significant discrepancy in traction versus valuation highlights LayerZero’s potential, especially as it trades within a similar range as its peers.

despite all the heat @LayerZero_Labs

Read More https://themerkle.com/layerzero-sees-unmatched-traction-zro-whale-accumulation-raises-eyebrows/

The post "LayerZero Sees Unmatched Traction, $ZRO Whale Accumulation Raises Eyebrows" appeared first here TheMerkle.com.

Source: TheMerkle.com

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