The LayerZero (ZRO) token is making waves in the cryptocurrency market, demonstrating a notable resilience amidst a broader downturn. Over the last 24 hours, ZRO’s price surged by 14%, outpacing declines seen in major cryptocurrencies like Bitcoin and Ethereum.
LayerZero Token Price Soars by 14% – What’s Driving the Surge?
While many altcoins are facing downward pressure, ZRO stands out due to two significant developments within the network.
The LayerZero Foundation recently announced a substantial token buyback initiative, leading to an immediate spike in ZRO’s price—from a low of $1.83 to a peak of $2.24. Following a brief retest at the support level of $2.00, ZRO managed to surpass a crucial resistance zone at $2.25, reaching highs of $2.33.
This price rally coincided with the buyback of 50 million tokens, effectively injecting around $150 million back into the market. Following a previous unlocking of 25 million ZRO tokens, traders responded positively, with the buyback helping to mitigate selling pressure.
Importantly, the buyback has tightened the supply of ZRO, potentially fueling further bullish sentiment.
Additionally, LayerZero’s recent acquisition of the Stargate cross-chain bridge serves as another catalyst for ZRO’s price increase. The integration, which received a 94.7% approval from the DAO, arrives at a critical moment for LayerZero.
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
Amid these integrations, ZRO’s price surged significantly.
What’s Next for ZRO’s Price?
As LayerZero’s price climbs, transaction volumes have surged by 66% to $173 million over the last 24 hours, indicating robust buying activity at current levels. This uptick could further enhance ZRO’s market capitalization.
Technical indicators suggest that bullish traders are preparing for a breakout. On the daily chart, the price has breached the resistance line of a descending triangle.
Key technical indicators, such as the daily RSI and MACD, are bullish for ZRO. A successful retest and breakout from the resistance line would allow buyers to target prices of $3.25 and beyond.
Currently, bulls are up 53% from the historic low of $1.50 recorded in March. The all-time high, a significant short-term target, is around 70% above current prices, at $7.53.
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