LayerZero (ZRO) is currently trading at $1.58, down by 3.4% over the last 24 hours. Trading activity has seen a notable decline, with a 24-hour trading volume ofLayerZero (ZRO) is currently trading at $1.58, down by 3.4% over the last 24 hours. Trading activity has seen a notable decline, with a 24-hour trading volume of

LayerZero Bull Run Incoming? Price Targets $2.89 & Beyond

LayerZero (ZRO) is currently trading at $1.58, down by 3.4% over the last 24 hours. Trading activity has seen a notable decline, with a 24-hour trading volume of $38.72 million, marking a drop of 31.55% compared to recent figures. Despite the short-term pullback, the token has shown resilience over the past week, posting a 13.47% increase from its previous seven-day price levels.

Source: CoinMarketCap

Market analysts attribute the recent volatility to broader crypto market fluctuations, though investor sentiment appears cautiously optimistic as ZRO maintains a stable foothold above key support levels.

LayerZero Approaches Key Resistance

According to crypto analyst Profit Demon, LayerZero is nearing the upper boundary of a falling wedge formation on its 2-day chart. This pattern, typically considered bullish, suggests that a decisive breakout above the wedge could trigger a significant upward move.

Profit Demon indicated that if ZRO manages to surpass this resistance, price targets could range from $2.40 to $3.30, with a potential stretch toward $4.80. Traders are closely watching for confirmation of the breakout, as it may signal renewed buying interest and attract both short-term and institutional investors.

The falling wedge scenario aligns with historical patterns observed in LayerZero’s trading behavior, where consolidation phases have often preceded sharp upward momentum. Analysts caution, however, that market volatility could still lead to temporary retracements before sustained growth occurs.

Source: X

Also Read | LayerZero ZRO Price Alert: Could Hit $5.20 Soon!

ZRO Price Prediction for 2026

According to DigitalCoinPrice, LayerZero could surpass the $2.89 mark, potentially breaking its previous all-time high of $7.53. Investors and market experts believe that the token may find a steady range between $2.41 and $2.89 before attempting higher milestones.

Despite recent short-term dips, the broader trend reflects optimism among market participants, fueled by LayerZero’s expanding ecosystem and increasing adoption of cross-chain technology. Analysts emphasize that if key technical levels are breached, ZRO could attract heightened market attention, paving the way for accelerated growth in the coming year.

Also Read | LayerZero (ZRO) Price Outlook Turns Bullish as Chart Sets $4.80 Upside Target

Market Opportunity
4 Logo
4 Price(4)
$0.02707
$0.02707$0.02707
+1.15%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

WOW Summit Partners with Hong Kong Sevens: Five Memorable Days of Web3, Sports, and Excitement!

WOW Summit Partners with Hong Kong Sevens: Five Memorable Days of Web3, Sports, and Excitement!

WOW Summit Hong Kong 2023 is a premium Web3-focused event and a part of the WOW global series.
Share
PANews2023/03/17 12:05
First Multi-Asset Crypto ETP Opens Door to Institutional Adoption

First Multi-Asset Crypto ETP Opens Door to Institutional Adoption

The post First Multi-Asset Crypto ETP Opens Door to Institutional Adoption appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) has officially approved the Grayscale Digital Large Cap Fund (GDLC) for trading on the stock exchange. The decision comes as the SEC also relaxes ETF listing standards. This approval provides easier access for traditional investors and signals a major regulatory shift, paving the way for institutional capital to flow into the crypto market. Grayscale Races to Launch the First Multi-Asset Crypto ETP According to Grayscale CEO Peter Mintzberg, the Grayscale Digital Large Cap Fund ($GDLC) and the Generic Listing Standards have just been approved for trading. Sponsored Sponsored Grayscale Digital Large Cap Fund $GDLC was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the FIRST multi #crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano#BTC #ETH $XRP $SOL… — Peter Mintzberg (@PeterMintzberg) September 17, 2025 The Grayscale Digital Large Cap Fund (GDLC) is the first multi-asset crypto Exchange-Traded Product (ETP). It includes Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). As of September, the portfolio allocation was 72.23%, 12.17%, 5.62%, 4.03%, and 1% respectively. Grayscale Digital Large Cap Fund (GDLC) Portfolio Allocation. Source: Grayscale Grayscale Investments launched GDLC in 2018. The fund’s primary goal is to expose investors to the most significant digital assets in the market without requiring them to buy, store, or secure the coins directly. In July, the SEC delayed its decision to convert GDLC from an OTC fund into an exchange-listed ETP on NYSE Arca, citing further review. However, the latest developments raise investors’ hopes that a multi-asset crypto ETP from Grayscale will soon become a reality. Approval under the Generic Listing Standards will help “streamline the process,” opening the door for more crypto ETPs. Ethereum, Solana, XRP, and ADA investors are the most…
Share
BitcoinEthereumNews2025/09/18 13:31
Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners

The institutional bitcoin manager expands its mandate as demand for professional risk-managed digital asset strategies grows.
Share
Coinstats2026/01/16 18:00