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LayerZero’s $ZRO token is leading the altcoin market today, rallying 40% after unveiling Zero, its new Layer 1 blockchain.
$ZRO sold off immediately after yesterday’s announcement; however, after more details emerged - such as Ark Invest founder Cathie Wood stepping on board as an advisor - the token surged from $1.7 to $2.5.
The $ZRO token has been pricing in an impending announcement throughout 2026, and has been one of just a handful of strong altcoins over the last six weeks. The move brings $ZRO's market capitalization to $481 million, its highest level since January 2025.
In addition to Wood, the protocol also added Michael Blaugrund, the vice president of Strategic Initiatives at Intercontinental Exchange (ICE), and Caroline Butler, the former Head of Digital Assets at the Bank of New York Mellon, and co-chair of the Commodities and Futures Trading Commission (CFTC), to its advisory board.
LayerZero brands Zero as “the first multi-core world computer” and says it's been designed to address all existing bottlenecks in blockchain design, with an explicit goal of 2 million transactions per second (TPS) for every component in its system.
“We have replaced the fragmented, one-size-fits-all model with a unified high-performance system that treats multiple applications like concurrent processes on a single modern multi-core CPU. Due to this massive cost reduction, Zero is not only an alternative to existing blockchains; it provides a credible alternative to centralized cloud providers like AWS,” the Zero debut article claims.
“By stripping away the overhead of redundant replication, we have finally made decentralization viable on a global scale. Zero is the first truly scalable, multi-core world computer,” the article concluded.
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theblock.co