- LayerZero (ZRO) price jumped sharply to rank among the top gainers on November 7, 2025.
- ZRO benefited from a $10 million token purchase by LayerZero Labs.
- Bulls reached intraday highs of $1.87 and may be targeting further upside.
The native token of LayerZero, ZRO, is trending among today’s top gainers with double-digit gains.
The token has attracted notable attention amid a volatile crypto market, with ZRO’s price propelled by a strategic move intended to strengthen the project’s treasury strategy.
Bulls pushed to an intraday peak of $1.87 before pulling back to around $1.66 at the time of writing. Could this be the start of a larger move for ZRO?
ZRO price rises after $10 million LayerZero Labs token buy
LayerZero Labs, the team behind the LayerZero protocol, announced a significant action on November 7.
It stated it executed a $10 million open-market purchase of its own ZRO tokens, adding the newly acquired tokens to the company’s balance sheet.
LayerZero Labs has purchased $10m of ZRO for its balance sheet. https://t.co/GsUFGs8for
— LayerZero (@LayerZero_Core) November 6, 2025
“At LayerZero Labs we believe ZRO is currently one of the most mispriced assets in the world,” the announcement said, highlighting the protocol’s central role in enabling a once-in-a-generation shift in the financial system through permissionless infrastructure at global scale.
ZRO had plunged to a multi-month low of $1.28 earlier in the week.
The drop came amid a wider crypto pullback and a token unlock event on October 20 that released 25.71 million ZRO into circulation.
On November 7 the token staged a strong rebound, climbing from intraday lows of $1.43 to $1.87.
Trading volume also surged dramatically, with more than $142 million traded across major platforms as volume rose roughly 190%.
The late-October unlock initially pressured prices, prompting a consolidation phase followed by a sharp decline as bearish sentiment took hold.
If key support holds in the $1.52–$1.66 region, bulls could target gains toward $2 or higher.
More on LayerZero
LayerZero’s proactive intervention signaled strong internal conviction, countering dilution narratives and restoring confidence among holders.
LayerZero now connects more than 50 blockchains, including Ethereum, BNB Chain, Avalanche and non-EVM networks such as Aptos.
This connectivity enables seamless omnichain applications for DeFi projects like Stargate Finance and Radiant Capital.
The buyback not only modestly reduces circulating supply but also reinforces ZRO’s role as a cornerstone for governance and staking rewards, encouraging long-term participation.
As a result, the move could catalyze additional accumulation by large holders. Treasury strategy competition in crypto could heat up around ZRO.
ZRO price today
ZRO has maintained its upward trajectory while trading at $1.66 and off intraday highs.
Gains of more than 13% over the past 24 hours, at the time of writing, lift the weekly rebound to 8% and trim monthly losses to about 31%.
Although still negative on longer timeframes, ZRO’s price sits above a key downtrend line.
LayerZero ZRO price chart by TradingView
That places the token above recent support near $1.60, with intraday swings between a low of $1.64 and a high of $1.87.
The relative strength index (RSI) sits at 57 after moving out of oversold conditions.
Meanwhile, the moving average convergence divergence (MACD) indicator shows bullish support with a positive crossover.