š The Big News: "Zero" Blockchain Launch
On February 10, 2026, LayerZero Labs unveiled Zero, a new Layer 1 blockchain designed specifically for institutional financial markets.
The Goal: To handle 2 million transactions per second (TPS) with near-zero costs ($0.000001 per tx).
Heavy Hitters: The project is backed by Citadel Securities, ARK Invest (Cathie Wood), Google Cloud, and the DTCC.
The Role of ZRO: ZRO will serve as the native gas and governance token for this new ecosystem, providing interoperability between different "zones" of the network.
š Market Snapshot (As of Feb 11, 2026)
Following the "Zero" announcement, the token saw a significant price jump.
Current Price: Roughly $2.27 ā $2.30.
Recent Performance: Up ~24% in the last 24 hours and ~55% over the last 30 days.
Market Cap: Approximately $460M ā $1.1B (depending on the reporting of circulating vs. total supply).
Key Levels: Resistance is seen near $2.60, with some analysts targeting $2.80 if the momentum continues.
āļø Risks to Watch: The "Unlock"
While the news is bullish, there is a supply hurdle coming up:
Token Unlock: On February 20, 2026, roughly 25.7 million ZRO tokens (~$50M+) are scheduled to unlock for core contributors and partners.
Impact: This could create short-term selling pressure as early investors look to take profits after the recent pump.
