Feb 12, 2026
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BULLISH 📈 : ZRO Surges 40% as LayerZero Announces Zero Blockchain Launch
ZRO, the token of LayerZero's protocol, surged over 40% following the announcement of a new Layer-1 blockchain named Zero, targeting institutional financial markets.
Key Developments
- Zero aims to address scalability challenges with a capacity of 2 million transactions per second (TPS) per zone and near-zero fees.
- Utilizes Zero-Knowledge proofs for efficient processing, featuring two validator classes: lightweight Block Validators and high-performance Block Producers.
- Backed by major institutions including Citadel Securities, DTCC, ARK Invest, Google Cloud, and ICE.
- Citadel Securities is investing in ZRO and exploring its application in trading, clearing, and settlement.
- ARK Invest holds equity in LayerZero, while CEO Cathie Wood joins the advisory board alongside other industry leaders.
- Google Cloud explores AI integration for micropayments, and Tether announces a strategic investment in LayerZero Labs.
ZRO Price Movement
- Following the news, ZRO reached a four-month high of $2.59, up 40% in 24 hours.
- Previously traded between $1.50 and $2.00, with a recent low of $1.35.
- Currently trading at $2.45, marking a 36.5% increase for the week.
- If ZRO surpasses $2.60, it could target $3.00 and potentially reach $3.30, according to analysts.
