$ZRO ZRO Surge of 30%+! LayerZero's new L1 “Zero” chain launched with great impact, institutions are heavily investing 🚀
Brothers, come and take a look! $ZRO has surged over 30% in the last 24 hours, with the price standing above $2.3+, all thanks to two major catalysts:
🔥 Highlights
- Brand new L1 chain “Zero”: TPS up to 2 million/block, extremely low fees, cross-chain + high performance crushing the competition!
- Top institutions backing: Tether strategic investment + endorsements from giants like Citadel, ARK Invest, ICE, DTCC, global financial infrastructure potential is off the charts 💼
📈 Strong technicals
Price remains above EMA7/25/99, strong bullish signal from MACD golden cross, continuous capital inflow, short-term still has room for growth! Cup and handle pattern has broken the neckline, unlocking the previous target directly aimed at $3.0–$3.6 (estimated increase of 45%+).
⚠️ But don't overlook the risks
- February 20th major unlock: 25.71 million ZRO (circulation ≈ 5.37%), selling pressure could hit at any time!
- RSI overbought pullback + increased inflow to exchanges, short-term profit taking + retracement probability is significant.
- Solana co-founder publicly questions performance, FUD may ferment.
Community sentiment: half excited (new chain + institution is too tempting), half cautious (sharp rise followed by pullback + dual blow from unlocking?)
What do you think? Can $ZRO continue to surge? Or should we wait and see until the unlocking dust settles?
Feel free to comment battle below! 👇
#ZRO #LayerZero #ZeroL1
