- LayerZero (ZRO) brand rose sharply to depraved among top gainers on November 7, 2025.
- ZRO brand benefited from a $10 million LayerZero Labs token buy.
- Bulls pushed to intraday highs of $1.87 and would possibly maybe maybe target extra upside.
LayerZero’s native token ZRO is trending among top gainers this day with double-digit beneficial properties.
The token is seeing indispensable consideration amid a volatile cryptocurrency market, with ZRO brand buoyed by a strategic transfer aimed at bolstering the project’s treasury diagram.
Bulls pushed to highs of $1.87 earlier than slipping to around $1.66 as of writing, however would possibly maybe maybe this be the starting of a big transfer for ZRO?
ZRO brand surges after $10 million LayerZero Labs token buy
LayerZero Labs, the personnel in the inspire of the LayerZero protocol, announced a indispensable transfer on Nov. 7.
It stated it had executed a $10 million birth-market buy of its hold ZRO tokens, with the recent buy adding to the firm’s balance sheet.
LayerZero Labs has bought $10m of ZRO for its balance sheet. https://t.co/GsUFGs8for
— LayerZero (@LayerZero_Core) November 6, 2025
“We at LayerZero Labs consider ZRO is currently one among basically the most mispriced resources on this planet,” the announcement stated, emphasizing the protocol’s central characteristic in facilitating a “as soon as-in-a-generation exchange in the financial plot” thru global-scale, permissionless infrastructure.
ZRO had plummeted to a multi-month low of $1.28 earlier in the week.
This got right here amid a broader crypto downturn and the October 20 token liberate event that released 25.71 million ZRO into circulation.
On Nov. 7, the token experienced a sturdy rebound. It climbed from lows of $1.43 to $1.87.
Shopping and selling volume furthermore spiked dramatically, with over $142 million exchanged all the plot in which thru major platforms amid a 190% surge.
The liberate in dull October had first and fundamental pressured prices, leading to a consolidation portion adopted by a pointy dump as bearish sentiment gripped the market.
Bulls can now target beneficial properties to $2 or increased if prices retain key toughen ranges in the $1.66-$1.52 self-discipline.
Extra about LayerZero
LayerZero’s proactive intervention signaled solid inside conviction, countering narratives of dilution and restoring faith among holders.
LayerZero now connects over 50 blockchains, including Ethereum, BNB Chain, Avalanche, and non-EVM networks like Aptos.
This allows seamless omnichain applications for decentralized finance (DeFi) initiatives much like Stargate Finance and Heavenly Capital.
The buyback now not handiest reduces circulating offer marginally however furthermore positions ZRO as a cornerstone for governance and staking rewards, incentivizing long-term participation.
As would possibly maybe maybe be the case, this circulation would possibly maybe maybe catalyze extra accumulation by substantial holders. The depart for cryptocurrency treasury techniques would possibly maybe maybe warmth up for ZRO.
ZRO brand this day
ZRO has maintained its upward trajectory at the same time as it trades at $1.66 and off intraday highs.
Features of over 13% prior to now 24 hours, as of writing, bring the weekly uptick to 8% and reduce losses prior to now month to 31%.
While in the red on longer time frames, the ZRO brand is above a key downtrend line.
This positions the token above its unique toughen at $1.60, with intraday fluctuations starting from a low of $1.64 to a high of $1.87.
Relative Energy Index (RSI) sits at 57, having pivoted from overbought conditions.
Meanwhile, the appealing common convergence divergence indicator supplies toughen with a bullish crossover.
