LayerZero (ZRO)

“It was totally written off a couple of years ago. Now it’s like, oh, actually, I could see a world where there’s direct tokenization.”

@PrimordialAA, co-founder and CEO of @LayerZero_Core explains how fast institutional sentiment around tokenization has shifted. https://t.co/E8QFG4gRvH

➠ @LayerZero_Core is already operating at scale, but the market is still pricing it like it hasn’t figured out monetization yet.

Current state:

• 165+ chains integrated ( @ethereum, @solana, @BNBCHAIN, @avax, @arbitrum, @base, @Aptos, @Cardano_CF, @CantonNetwork, etc)
• $225B+ cross-chain volume
• 159M+ messages processed

This is one of the largest interoperability networks in crypto today.

Despite ~$150B+ annualized volume, protocol revenue is near zero because fees go to DVNs and Executors.

This was intentional, distribution first then monetization later.

The unlock is the Fee Switch.

At just 10 bps (0.1%), LayerZero could generate ~$125M+ annually. Same usage, completely different valuation framework.

➤ Value capture has already started, just small for now:

Stargate → 100% revenue used for $ZRO buybacks ~150K ZRO/month

➤ Positioning is already happening on-chain:

• Accumulation between $1.3–$2.0
• @coinbase Prime-linked wallets → ~$79.7M
• Coordinated buys, no selling

Whales are showing the sa