- ZRO price rises 14% while LayerZero sees a 66% surge in trading volume.
- The LayerZero Foundation recently repurchased 50 million ZRO tokens, equivalent to 5% of the total supply.
- Bullish traders could target a breakout to $3.25 and then highs above $5 if sentiment holds.
The LayerZero token (ZRO) is one of the altcoins resisting today’s broader crypto sell-off, with ZRO up about 14% over the past 24 hours.
LayerZero’s gains come as Bitcoin and Ethereum retreated, while several altcoins faced downward pressure.
Despite the market-wide pullback, ZRO has pushed higher and cleared a critical resistance area near $2.20.
Why is ZRO rising today?
While most altcoins moved lower, ZRO advanced on the back of two major network developments.
First, the LayerZero Foundation announced a significant token buyback program. That announcement triggered an immediate price jump from a low of $1.83 to a high of $2.24.
A subsequent pullback tested support near $2.00 before buyers reclaimed the key $2.25 level and pushed the token to intraday highs around $2.33.
The price surge coincided with the repurchase of 50 million ZRO tokens, which effectively rotated roughly $150 million back into the token market.
Traders responded positively following a previous unlock event of 25 million ZRO tokens; the buyback and market reaction helped offset selling pressure.
Fundamentally, the buyback reduces circulating supply and could provide additional tailwinds for bullish sentiment.
Second, LayerZero’s recent acquisition of the Stargate cross-chain bridge acted as another catalyst. The Stargate integration received strong backing from the DAO, with 94.7% approval, and arrived at a strategic moment for LayerZero.
Plasma, a global money-movement platform, has launched its mainnet, and LayerZero is positioned to connect liquidity to Plasma via Stargate—strengthening its role in the ecosystem.
Stargate is the official bridge for @PlasmaFDN’s Mainnet launch.
• Buy XPL immediately on launch day.
• Instant swaps into the Plasma ecosystem.
• Zero fee deposits for all OFT assets (USDT0, USDe, AUSD0 + more).The future called. Trillions answered. pic.twitter.com/Z5ZABuyQ6D
— Stargate | Fast Swaps – Now Live (@StargateFinance) September 23, 2025
These integrations helped propel ZRO’s price higher.
What are the outlook and price targets for ZRO?
Alongside the price increase, LayerZero’s trading volume jumped 66% to $173 million in the last 24 hours, suggesting buyers are accumulating at current levels and that market value could rise further.
ZRO price chart via TradingView
Technically, bullish traders appear to be chasing a breakout. On the daily chart, the price has broken above the resistance line of a descending triangle pattern.
Key indicators such as the daily RSI and the MACD are signaling bullish momentum for ZRO. A successful retest and confirmed breakout from the trendline of this extended consolidation phase would give buyers momentum to target $3.25 and potentially higher levels.
From the March low of $1.50, bulls are currently up about 53%. A nearby longer-term target is the previous all-time high near $7.53, roughly 70% above current prices, which represents a meaningful upside if momentum continues.