- \n
- ZRO price pops 14% as LayerZero sees a 66% spike in trading volume.<\/li>\n
- The LayerZero Foundation has recently repurchased 50 million ZRO tokens, equivalent to 5% of the total supply.<\/li>\n
- Bulls could target a breakout to $3.25 and then highs above $5 if sentiment holds.<\/li>\n<\/ul>\n
The LayerZero (ZRO) token is among the altcoins to defy the broader crypto dump today, with ZRO price up 14% in the past 24 hours.<\/p>\n
Gains for LayerZero come as Bitcoin drops below $110,000<\/a> and Ethereum under $4,000<\/a>.<\/p>\n
But like some altcoins across the market, ZRO is seeing an uptick and has broken above the critical resistance zone near $2.20.<\/p>\n
LayerZero price jumps 14% \u2014 why is ZRO up today?<\/h2>\n
While most altcoins hit downside action, ZRO is surging amid two notable network milestones.<\/p>\n
Potentially, one is the announcement by the LayerZero Foundation of a major token buyback program.<\/p>\n
The move triggered an immediate surge in ZRO\u2019s price, with the altcoin climbing from lows of $1.83 to reach highs of $2.24.<\/p>\n
A dip to retest the support area at $2.00 has nonetheless seen bulls break the key hurdle at $2.25 to hit highs of $2.33.<\/p>\n
ZRO\u2019s uptick aligned with the 50 million token buyback, with about $150 million ploughed back into the market for the tokens.<\/p>\n
Traders reacted positively after the 25 million ZRO token unlock event earlier, with the buyback and market reaction helping to offset sell-off pressure.<\/p>\n
Crucially, the repurchase has tightened supply and could provide more fuel for bulls.<\/p>\n
LayerZero\u2019s recent acquisition of the Stargate cross-chain bridge is another catalyst for ZRO price.<\/p>\n
The Stargate integration, approved by the DAO with 94.7% support, came at a crucial time for LayerZero.<\/p>\n
Plasma, the platform for global money movement, has unveiled its mainnet.<\/p>\n
LayerZero is a key player in the ecosystem, able to bridge liquidity to Plasma via Stargate.<\/p>\n
\n
Stargate is the official bridge for @PlasmaFDN<\/a>\u2019s Mainnet launch.<\/p>\n
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\u2014 Stargate | Fast Swaps \u2013 Now Live (@StargateFinance) September 23, 2025<\/a><\/p>\n<\/blockquote>\n
ZRO price has jumped amid these integrations.<\/p>\n
What\u2019s next for the ZRO price?<\/h2>\n
As the LayerZero price rose, trading volume spiked 66% to $173 million in the past 24 hours.<\/p>\n
This suggests bulls are buying at current levels, and ZRO\u2019s market value could benefit further.<\/p>\n
![\"\"](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/zro-price-chart.png\")
ZRO price chart<\/a> by TradingView<\/figcaption><\/figure>\n The ZRO price outlook also shows bulls are looking to ride a technical breakout.<\/p>\n
On the daily chart, the price has broken above a descending triangle pattern\u2019s resistance line.<\/p>\n
Notably, technical indicators such as the daily RSI and MACD are flashing bullish signals for ZRO.<\/p>\n
Successful retest and breakout from the trendline of a prolonged consolidation phase level will allow buyers to target $3.25 and higher.<\/p>\n
Bulls are currently 53% up on the all-time low of $1.50 reached in March.<\/p>\n
Meanwhile, the all-time high that counts as a short-term target sits about 70% off current prices at $7.53.<\/p>\n