- LayerZero’s native token ZRO surged sharply to become one of today’s top gainers.
- ZRO’s price was boosted after LayerZero Labs announced a $10 million open-market buy of its own tokens.
- Bulls pushed intraday highs to $1.87 and may target further upside.
LayerZero’s native token, ZRO, is trending among today’s top winners with double-digit gains. The token has attracted notable attention amid a volatile crypto market, as a strategic corporate buy has helped support its price and strengthen the project’s financial position.
Bulls drove the token to intraday highs of $1.87 before a pullback to about $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, disclosed a material action on November 7. The company said it executed a $10 million purchase of ZRO on the open market, adding the acquired tokens to its balance sheet.
LayerZero Labs has purchased $10m of ZRO for its balance sheet. https://t.co/GsUFGs8for
— LayerZero (@LayerZero_Core) November 6, 2025
In its announcement LayerZero Labs stated, “We at LayerZero Labs believe ZRO is currently one of the most mispriced assets in the world,” underscoring the protocol’s role in enabling a “once-in-a-generation shift in the financial system” through global, permissionless infrastructure.
Earlier in the week ZRO had dipped to a multi-month low near $1.28 amid a broader crypto sell-off and token unlocks in late October that exerted downward pressure.
On November 7 the token staged a robust recovery, climbing from intraday lows around $1.43 to a peak of $1.87. Trading volume rose sharply as well, with more than $142 million exchanged across major platforms during a roughly 190% surge in turnover.
The late-October unlock initially pressured prices and prompted a consolidation phase, which later turned into a steep decline as bearish sentiment increased. With LayerZero Labs’ buy and renewed buying interest, bulls can now target $2.00 or higher if key support holds in the $1.66–$1.52 range.
More about LayerZero
The company’s proactive intervention signaled strong internal conviction, helped counter dilution narratives and restored confidence among holders. LayerZero now connects more than 50 blockchains, including Ethereum, BNB Chain, Avalanche and non-EVM networks such as Aptos.
That interoperability enables omnichain applications for decentralized finance projects like Stargate Finance and Radiant Capital. The buyback not only marginally reduces circulating supply but also reinforces ZRO’s role for governance and staking rewards, incentivizing longer-term participation.
As a result, the purchase could catalyze further accumulation by large holders, and competition among crypto investment strategies may intensify around ZRO.
ZRO current price action
ZRO has maintained its upward momentum even after retreating from intraday highs and trading around $1.66. The token shows gains of more than 13% over the past 24 hours, with a weekly rise near 8%, narrowing monthly losses to roughly 31%.
Although ZRO remains down over longer timeframes, its price has moved above a key descending trendline. That places the token above recent support at about $1.60, with intraday swings ranging from roughly $1.64 to $1.87.
Technical indicators show the Relative Strength Index (RSI) near 57 after moving down from overbought levels, while the moving average convergence divergence (MACD) has formed a bullish crossover—both signs that momentum may be shifting in favor of buyers if key supports remain intact.