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About ZRO

LayerZero (ZRO) is a cryptocurrency launched in 2024. ZRO has a current supply of 1.00Bn with 110.00M in circulation. The last known price of ZRO is 7.08 USD and is 0.537353778921 over the last 24 hours. It is currently trading on active market(s) with $724.92M traded over the last 24 hours. More information can be found at .
ZRO Price Statistics
ZRO’s Price Today
24h Price Change
+$0.5373537789218.21%
24h Volume
$724.92M120.68%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.930439543885
Market Dominance
0.02%
Market Rank
#164
ZRO Market Cap
Market Cap
$779.11M
Fully Diluted Market Cap
$7.08Bn
ZRO Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
ZRO Supply
Circulating Supply
110.00M
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Dec 07, 2024 12:01 am
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ZRO
LayerZero
$7.08
$0.537353778921(+8.21%)
Mkt Cap $779.11M
There's nothing here for now
Ethereum News: Ethereum (ETH) Surges Beyond $4,000, What’s Next for the Leading Altcoin?
Ethereum News: Ethereum (ETH) Surges Beyond $4,000, What’s Next for the Leading Altcoin?
Ethereum (ETH) has officially breached the critical $4,000 resistance level on Binance, marking a significant milestone in its ongoing bull run. With strong technical indicators, record-setting ETF inflows, and robust staking activity, Ethereum (ETH) continues to build momentum as it eyes further price gains. Here’s a breakdown of what’s driving ETH's bullish trajectory and what investors can expect next.Key Price Milestones and Technical OutlookCurrent Price (Binance): $4,016Resistance Levels: $4,050 and $4,120Support Zones: $3,905 and $3,770Ethereum's (ETH) move above $4,000 has been fueled by strong technical indicators, including a recent golden cross where the 50-day SMA crossed above the 200-day SMA. Historically, golden crosses have preceded significant price rallies, further solidifying the bullish sentiment surrounding ETH.The 4-hour chart highlights a rising channel pattern, with RSI stabilizing at 61, indicating healthy momentum. The next key resistance sits at $4,050, with a potential path toward $4,120 as upward momentum builds.Institutional Inflows Signal Growing ConfidenceEthereum’s (ETH) bullish breakout comes on the back of unprecedented inflows into U.S.-listed spot Ether ETFs. Over the past two weeks, these ETFs have accumulated over $1.3 billion in investments, with $432 million recorded in a single day on December 5.Top ETF Inflows on December 5:BlackRock iShares Ethereum Trust: $296 millionFidelity Ethereum Fund: $114 millionGrayscale Ethereum Mini Trust: $30 millionThe sustained inflows underscore rising institutional interest, driven by Ethereum’s critical role in DeFi, staking, and the broader blockchain ecosystem.Staking Activity and Whale AccumulationEthereum’s (ETH) staking activity has surged alongside its price. In just two days, over 113,000 ETH were added to staking protocols, reflecting increased investor confidence in long-term holding. Additionally, whale activity has intensified, with large holders increasing their holdings by 7% over the past fortnight.Exchange reserves have declined by 2%, dropping from 10.79 million ETH to 10.57 million ETH. This combination of whale accumulation and reduced exchange liquidity often signals further upward price pressure, as supply diminishes while demand grows.Impact of Bitcoin’s $100K MilestoneBitcoin’s (BTC) rise to $100,000 has bolstered market sentiment across the crypto space, driving renewed interest in altcoins like Ethereum. With President-elect Donald Trump signaling pro-crypto policies and appointing crypto-friendly figures like Paul Atkins to head the SEC, the market is witnessing a surge of institutional interest.Ethereum, often regarded as the second-best digital asset after Bitcoin, has capitalized on this momentum. Its versatility in DeFi and staking positions it as a key player in the evolving financial ecosystem, drawing investors seeking diversification beyond Bitcoin.Golden Cross and Technical StrengthEthereum’s first golden cross of 2024 adds a layer of technical validation to its bullish trend. The last time ETH experienced a golden cross, in November 2023, the price surged from $1,900 to over $4,000 within a few months. With Ethereum already above $4,000, this pattern suggests further upward potential as market conditions remain favorable.What’s Next for Ethereum?Ethereum’s current trajectory indicates a strong possibility of further gains. The next critical resistance levels are at $4,050 and $4,120, while support at $3,905 and $3,770 provides a safety net against short-term retracements. Sustained ETF inflows, rising staking activity, and whale accumulation suggest that Ethereum’s rally is far from over.Analysts anticipate that Ethereum could soon test its all-time high of $4,891, achieved in November 2021. With Bitcoin’s milestone boosting overall market sentiment, Ethereum is poised to benefit from the broader crypto rally.Ethereum’s rise above $4,000 marks a pivotal moment in its 2024 bull run, driven by institutional demand, strong technical indicators, and increasing staking activity. While volatility remains a factor, Ethereum’s fundamentals and market dynamics suggest a promising path toward higher price levels, with $4,050 and beyond in its sights.Related News:Ethereum Ecosystem Tokens Surge, DYDX Rises Over 26% in 24 HoursUpcoming CPI Inflation Report May Impact Federal Reserve's 2025 Rate ForecastRetail Investors Return to Market as Long-Tail Asset Liquidity Increases
Dec 06, 2024 11:49 pm

Frequently Asked Questions

  • What is the all-time high price of LayerZero (ZRO)?

    The all-time high of ZRO was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of LayerZero (ZRO) is 0. The current price of ZRO is down 0% from its all-time high.

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  • How much LayerZero (ZRO) is there in circulation?

    As of , there is currently 110.00M ZRO in circulation. ZRO has a maximum supply of 1.00Bn.

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  • What is the market cap of LayerZero (ZRO)?

    The current market cap of ZRO is 779.11M. It is calculated by multiplying the current supply of ZRO by its real-time market price of 7.08.

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  • What is the all-time low price of LayerZero (ZRO)?

    The all-time low of ZRO was 0 , from which the coin is now up 0%. The all-time low price of LayerZero (ZRO) is 0. The current price of ZRO is up 0% from its all-time low.

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  • Is LayerZero (ZRO) a good investment?

    LayerZero (ZRO) has a market capitalization of $779.11M and is ranked #164 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze LayerZero (ZRO) price trends and patterns to find the best time to purchase ZRO.

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