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LayerZero

ZRO#122 by market cap

Not covered. The criterion it missed: documentation found but no public code repository listed.

#2of 30 cross-chain communication coinsthe typical one is worth $10.17M#125of all coins by sizeworth $334.39M today65%of the supply still to come646.69M coins can still reach the market83.1Kpeople keep it on a watchliston CoinGecko, a measure of attention

LayerZero is for a platform other apps build on. We have not written its record yet, so its promises are not checked. It trades at $0.9465, #125 of all coins by size, 87% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #2 of 30 cross-chain communication coins. 1 reason to be careful.

Is it real?

4 of 4tests passeda real job, real backing, something ahead, room to grow
2named backersMulticoin Capital, Sequoia Capital
21 monthson the marketsince 6 December 2024
83.1Kpeople watch iton CoinGecko lists

Reasons to be careful:Half the supply still to come

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Passes all four

  • ✓A real-world jobReal-world purpose: a platform other apps build on
  • ✓Real backingBacking: backed by Multicoin Capital; trades on Coinbase, Crypto.com, Kraken
  • ✓Something aheadAhead: news this month about partnership, tokenization, upgrade
  • ✓Room to growRoom: worth $334.39M, 25 times smaller than Chainlink, the biggest coin within reach doing the same thing (Cross-chain Communication)

Backed by Multicoin Capital and 1 more

  • Origin6 December 2024about about 21 monthslayerzero.network, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingMulticoin Capital, Sequoia CapitalInvestor tags from CoinGeckoListed on Coinbase, Crypto.com, Kraken, Binance
  • Standing on the recordNo recordNo dated promise to judge yet59 headlines last month, 3 about government83,099 people keep it on a CoinGecko watchlistNo corrections needed so far
Why it is worth a look
  • Real-world purpose: a platform other apps build on
  • Backing: backed by Multicoin Capital; trades on Coinbase, Crypto.com, Kraken
  • Ahead: news this month about partnership, tokenization, upgrade
  • Room: worth $334.39M, 25 times smaller than Chainlink, the biggest coin within reach doing the same thing (Cross-chain Communication)
The gap, and what to do

It is already worth more than the typical coin in Cross-chain Communication ($10.17M). To match the leader, Chainlink ($8.5B), its price would need to rise 2442%, to about $24.06.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#2of 30 cross-chain communication coinsthe typical one is worth $10.17M
$334.39Mworth todayprice × coins out
$10.17Mthe typical rival is worthCross-chain Communication
$8.5Bthe leader is worthChainlink
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A platform other apps build on

453 coins tagged Smart Contract Platform, worth $723.36B together. #48 of 453 by worth.

Cross-chain Communication: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • LayerZero$334.39Mthis coin−8.8%35% outno record
  • Chainlink$8.5B25.4× bigger, +$8.16B−0.4%, gap +8.575% outnone dated
  • Olympus$301.26M1.1× smaller, −$33.13M−0.9%, gap +8.0no maxnone dated
  • Zama$113.64M2.9× smaller, −$220.76M−6.8%, gap +2.0no max1 of 7 delivered
  • deBridge$92.42M3.6× smaller, −$241.97M+0.9%, gap +9.759% out0 of 2 delivered
  • Wormhole$62.25M5.4× smaller, −$272.15M−5.2%, gap +3.765% outnone dated
  • SOON$60.79M5.5× smaller, −$273.61M−1.9%, gap +7.0no maxno record
  • Axelar$59.65M5.6× smaller, −$274.75M+7.7%, gap +16.6no max0 of 6 delivered
Same job, different how

Cross-chain Communication: this coin next to Chainlink, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

LayerZero says
.
Chainlink says
Chainlink is a service that supplies outside data and connections between different blockchains for other blockchain-based applications to use.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

No description on file.

Problem it says it solves: a platform other apps build on. 453 coins are working on it and together they are worth $723,359,964,122. This coin is 0% of that.

Where it trades: Coinbase, Crypto.com, Kraken, Binance, OKX

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

1 reason to be careful

  • Half the supply still to come65% of the maximum supply is still to come
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Why is it this small?

Cross-chain Communication: this coin next to the group's largest, Chainlink.

LayerZeroChainlink
Years trading2 years9 years
Major exchanges810
Named backers20
Headlines, last month59107
Promises deliveredno recordno record

It is 3.9% the size of Chainlink. On the facts above it is behind on years trading, major exchanges. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.

Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.

The homework: the coin itself, the news, the record

The coin itself

$0.9465price of one−8.8% today
87%below its highest ever$7 on 6 December 2024
35%of the supply is out353.31M coins
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The last 7 days

7 days ago: $1.13now: $0.9465 (−17.6%)

Where today sits against its highest ever price

$0.9465

Highest ever: $7.47 on 6 December 2024. Today is 13% of that.

35%

of all ZRO that will ever exist is already out in public hands: 353.31M coins.

65% (646.69M coins) is already created but not in public hands, held by the project or locked in escrow. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.9465price of one
×
353.31Mcoins out
=
$334.39Mworth today, #125 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 35%of the maximum supply is in circulation: 353.31M of 1B.
  • 646.69Mcoins still to be released, 65% of the maximum. Releases can add selling pressure.
  • 2.8×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 13%of its all-time high of $7.47 on 6 December 2024. That is −87.3% from the top.
  • #125by market cap, $334,394,557.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $7.1B is locked in it right now

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

59headlines, last monththat name this coin
3about governmentregulation, courts, central banks
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Headlines per day, last 30 days

59 headlines named this coin in the last month.

What they were about

  • Upgrade8
  • Hack7
  • Price5
  • Partnership4
  • Stablecoin3
  • Unlock3
  • Lawsuit3
  • Tokenization2

Why it movedDown 9% today. Headlines that name it: ZRO Surges 22% After Citadel And ARK Back LayerZero's New Blockchain (Yellow.com, 20h ago) ZRO Surges 22% After Citadel And ARK Back LayerZero's New Blockchain (yellow.com, 1d ago)

In the news
What people are talking about, last month:

59 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: documentation found but no public code repository listed.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy