Will LayerZero (ZRO) continue to rise after recent positive developments?

LayerZero (ZRO) is trading steadily above the $2.00 mark at the time of writing on Friday, continuing the bullish momentum after a strong breakout in the previous session. This impressive rally coincides with the official announcement of Zero blockchain and Cathie Wood joining the advisory board—factors seen as catalysts boosting investor confidence.

The excitement around LayerZero is further fueled by Charles Hoskinson, founder of Cardano, expressing plans to integrate this protocol as a partner chain. Notably, Alameda Research—an fund associated with Sam Bankman-Fried—exchanged approximately $25 million worth of ZRO using funds from a bankrupt wallet, indicating significant capital movements behind the market.

From a technical perspective, ZRO’s outlook remains bullish as the Golden Cross pattern is gradually forming between two key EMAs—often regarded as a signal for a new upward cycle if confirmed.

Zero Blockchain: Layer-1 “100x” Newcomer of LayerZero for Institutions

Zero Blockchain officially launched on Tuesday with bold ambitions: to bring the entire global financial system on-chain. The project gained attention by claiming a throughput of up to 2 million transactions per second (TPS), while improving performance by 100 times across four core technological pillars.

Specifically, Zero focuses on:

Bryan Pellegrino, CEO of LayerZero Labs, stated: “Zero’s architecture can shorten the industry’s development timeline by at least a decade. We believe this technology is capable of bringing the entire global economy onto blockchain.”

Zero is still in development and is scheduled for full launch by September 2026. In the initial phase, the network will operate in a permissionless mode, supporting Ethereum Virtual Machine (EVM), with a focus on privacy and industry-standard “transaction zones.”

These zones are expected to drive a wave of traditional financial migration to blockchain, serving major institutions such as Depository Trust & Clearing Corporation (DTCC)—which processes trillions of dollars in payments daily; Intercontinental Exchange (ICE)—the parent company of the New York Stock Exchange (NYSE); and Citadel Securities—an organization that has made strategic investments in ZRO.

On the launch day, Cathie Wood, CEO of Ark Invest, officially joined LayerZero’s advisory board, alongside Michael Blaugrund (ICE) and Caroline Butler (former BNY Mellon executive). The involvement of these prominent figures is seen as a significant step in enhancing the project’s credibility and long-term positioning.

Growing Demand from Notable Crypto Figures

At Consensus 2026 in Hong Kong on Thursday, Charles Hoskinson announced plans to integrate LayerZero—the leading cross-chain communication protocol—to significantly expand Cardano’s interoperability. This move is viewed as a strategic step ahead of the upcoming mainnet Midnight launch at the end of March, fueling hopes for a more flexible, multi-chain ecosystem.

Meanwhile, Alameda Research—founded by Sam Bankman-Fried—executed a swap of 129.04 million Stargate Finance (STG) tokens, worth approximately $24.29 million, for 11.14 million ZRO tokens, indicating notable strategic asset reallocation.

The increasing demand from existing blockchains supports a bullish outlook for ZRO, as Zero blockchain infrastructure continues to develop and expand.

Technical Outlook: Will ZRO Continue Its Uptrend?

LayerZero is signaling a strong reversal pattern, forming a V-shape on the daily chart with approximately 45% gains in just one week. At the time of writing, ZRO remains firmly above the $2.00 level after rising over 17% in the previous session, driven by the 200-day EMA around $1.80—a key support zone.

Notably, the price is trading above the rising 50-day EMA, opening the possibility of a Golden Cross with the 200-day EMA. If this scenario occurs, the bullish trend could be further strengthened in the medium term.

If ZRO successfully breaks through the resistance at $2.59—previously a barrier limiting gains—the next target could be the March 21 high of $3.35.

Technical indicators lean toward a positive scenario. The daily RSI stands at 62, approaching overbought territory amid increasing buying pressure. Meanwhile, MACD remains above the signal line after confirming a bullish crossover midweek, maintaining a short-term buy signal.

Conversely, if ZRO drops below $2.00, selling pressure could push the price back to test the 200-day EMA at $1.80—a critical support level and potential “lifeline” for the current trend.

SN_Nour