Recently, a significant announcement has emerged in the blockchain community: the LayerZero Foundation has announced an acquisition plan worth $110 million, targeting the StarGate cross-chain bridges and its native Token STG. This decision has sparked widespread attention in the market, particularly regarding its impact on the price of the ZRO Token.



According to the announced plan, STG Token will cease circulation, and holders can exchange it for ZRO. StarGate will officially become a part of the LayerZero Foundation, while the original StarGate DAO will be dissolved. This acquisition has received support from well-known industry institutions such as Binance, a16z, and Coinbase, greatly enhancing LayerZero's standing in the industry.

It is worth noting that on the 9th day after the acquisition news was announced, ZRO will face an 8.53% token unlock. From the perspective of project development, in a bull market environment, the project team may adopt a strategy to drive up the coin price in order to enhance the value of the assets that are about to be unlocked. This is a common practice among many projects.

By analyzing on-chain data, we found that there has been a continuous inflow of large funds in the spot market for ZRO over the past 30 days, which provides ample momentum for a price increase in the short term. For observers who have not yet participated in investing, now may be a good time to consider entering the market in batches to seize potential upward opportunities.

With institutional backing and continuous inflows of funds, ZRO is likely to experience a wave of value reassessment before the upcoming unlocking period. However, investors should act with caution, carefully assess risks, and choose an entry point that suits themselves.

Overall, the acquisition of StarGate by LayerZero not only changes the future development trajectory of the two projects but also brings new possibilities to the entire cross-chain ecosystem. With the continuous advancement of blockchain technology, similar integrations may become more frequent, and investors need to stay vigilant and seize market trends in a timely manner.
ZRO4.66%
STG2.04%
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SilentObservervip
· 08-11 19:59
Large Investors are still washing out the goods.
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ApeWithNoChainvip
· 08-11 12:10
suckers played people for suckers suckers
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ReverseTradingGuruvip
· 08-11 10:51
I'm准备buy the dip了, you guys better run!
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MemeTokenGeniusvip
· 08-11 10:51
Just do it!
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BtcDailyResearchervip
· 08-11 10:40
Unlock the pump, right?
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StealthDeployervip
· 08-11 10:33
ZROTo da moon就差这一脚了
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