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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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ZRO (LayerZero) rose 14.07% in the last 24 hours.
Gate News Bot message, August 11, according to CoinMarketCap data, as of the time of writing, ZRO (LayerZero) is currently priced at $2.26, having risen 14.07% in the last 24 hours, reaching a high of $2.39 and a low of $1.70, with a 24-hour volume of $236 million. The current market capitalization is approximately $394 million, an increase of $48.6 million compared to yesterday.
The LayerZero Foundation is committed to the decentralization and development of the LayerZero ecosystem. The Foundation supports the LayerZero ecosystem and its community, focusing on promoting the decentralization process of LayerZero and the growth of its ecosystem.
Important news about ZRO recently:
1️⃣ LayerZero Foundation plans to acquire StarGate The LayerZero Foundation has officially proposed to acquire StarGate (STG). This strategic move is described as "bringing the bridge home," suggesting that LayerZero intends to integrate StarGate's cross-chain bridge technology into its ecosystem. This initiative may aim to enhance LayerZero's cross-chain capabilities and consolidate its position in the multi-chain interoperability space.
2️⃣ Potential synergies driving ZRO price rise After the announcement of the acquisition proposal, the ZRO price saw a significant pump, rising by 14.07% within 24 hours. The market seems to have a positive attitude towards this potential strategic integration, believing it could bring a dual enhancement of technology and market share for LayerZero.
3️⃣ LayerZero ecosystem expansion expectations strengthened This acquisition proposal indicates that LayerZero is actively seeking to expand its influence in the cross-chain field. With the continued rise in demand for decentralized finance (DeFi) and cross-chain applications, LayerZero is expected to enhance its competitive advantage in the fiercely competitive cross-chain infrastructure market by integrating StarGate's technology.
From a technical perspective, the price of ZRO has broken through recent resistance levels, and the significant increase in volume also supports this rise trend. However, investors still need to closely monitor the acquisition progress and its actual impact on the LayerZero ecosystem.
This message is not to be taken as investment advice; investors should be aware of market volatility risks.