LayerZero Jumps 13.5% as CEO Highlights 10B-15B Monthly Volume

LayerZero's ZRO token jumped 13.5% over 24 hours to $1.85, as fresh comments from CEO Bryan Pellegrino highlighted the scale of the protocol's cross-chain activity.

The latest market snapshot shows ZRO trading between $1.63 and $1.94 over 24 hours, with about $172.8 million in trading volume. Its market capitalization stands at roughly $653 million, while perpetual futures open interest has climbed to about $268.2 million.

The move comes as LayerZero highlights billions of dollars in monthly transfers, growing adoption across blockchains and increasing use of its Omnichain Fungible Token (OFT) standard.

LayerZero moves up to $15B each month

Pellegrino said LayerZero currently moves between $10 billion and $15 billion in value every month, putting the protocol at a scale comparable with major traditional payment networks.

He also said LayerZero has a 91% share of cross-chain value transfer, connects more than 165 blockchains and has over 900 applications built on the protocol. The figures were shared by Pellegrino in a recent post highlighting LayerZero's current scale.

The monthly volume figure is consistent with Pellegrino's recent comments in a discussion about LayerZero, where he said the protocol was moving roughly $10 billion to $15 billion each month and had passed $300 billion in lifetime value.

That scale matters because LayerZero's business is increasingly tied to moving assets rather than simply connecting chains. Stablecoins, tokenized assets and other financial products are becoming a larger part of the network's activity.

OFT is becoming a major part of the story

LayerZero's OFT standard is central to that expansion.

OFT allows tokens to move natively across supported chains rather than relying on separate wrapped versions. LayerZero says the standard has facilitated hundreds of billions of dollars in transfers across more than 160 chains.

The company's latest token overview says LayerZero carries about 70% of cross-chain stablecoin flow and has moved more than $260 billion across 165 networks. It also says more than 300 tokenized equities and real-world assets are using LayerZero infrastructure through integrations including Ondo and Centrifuge.

A recent integration with South Korean custodian BDACS provides another example. BDACS selected LayerZero's OFT standard for KRW1, a Korean won-backed stablecoin, allowing the asset to operate across multiple blockchains. LayerZero said the OFT standard had facilitated 87% of cross-chain volume at the time of the announcement and more than $280 billion in lifetime transfers across 170+ chains.

Pellegrino also said roughly 71% of the world's stablecoin supply is issued using the OFT standard. That figure is a LayerZero claim rather than an independently established market-wide measurement, so it is best viewed in that context.

Third-party data also shows strong cross-chain activity

Independent data points in the latest market coverage also show LayerZero handling a large share of high-value cross-chain transfers.

Data cited by CoinMarketCap from Allium Labs showed LayerZero processed approximately $8.8 billion of $9.5 billion in volume across six major cross-chain messaging protocols over a recent 30-day period. That represented about 93% of the dollar-value share in that sample. The same data showed LayerZero's share of message counts was lower, highlighting that its dominance was particularly pronounced in higher-value transfers.

The different measurements are important. Pellegrino's 91% figure refers to LayerZero's stated share of cross-chain value transfer, while the Allium figure covers a specific set of six protocols over a 30-day period. They should not be treated as identical measurements.

Still, both point to substantial activity flowing through LayerZero's infrastructure.

Stablecoins are expanding LayerZero's reach

Stablecoins are becoming one of the clearest use cases for LayerZero.

The protocol's OFT standard is already used by major issuers and assets, including Tether's USDT0, PayPal's PYUSD and Paxos' USDG. LayerZero says its infrastructure supports stablecoin movement across a large number of networks, giving issuers a way to distribute the same asset across multiple chains.

That adoption is also expanding beyond dollar stablecoins. The KRW1 integration shows how LayerZero is being used to make regional stablecoins natively multichain.

This gives ZRO a broader narrative than simple bridge activity: LayerZero is positioning its infrastructure as a distribution and settlement layer for stablecoins and tokenized assets.

ATLAS gives ZRO another potential catalyst

The latest rally also comes against the backdrop of LayerZero's planned expansion into financial-market infrastructure.

In August, LayerZero introduced ATLAS, a trading infrastructure designed to handle matching, clearing, settlement and risk for crypto and institutional markets. The system is being built on Zero, LayerZero's upcoming blockchain.

ATLAS is particularly relevant to ZRO because LayerZero has tied part of its economics directly to the token.

Under the proposed ATLAS model, trading venues can receive fee rebates based partly on ZRO staking and trading activity. After those rebates, 75% of the remaining fees would go toward buying and burning ZRO, according to LayerZero.

LayerZero has also linked ZRO to Stargate revenue. The protocol says Stargate fees are used for monthly ZRO purchases, with the revenue share eventually moving to 100% of Stargate revenue after the initial arrangement with former veSTG holders ends.

These mechanisms are separate from the protocol's current cross-chain volume, but they give investors additional ways to connect growing network activity with ZRO demand.

ZRO's latest rally extends a broader move

The 13.5% gain shown in the latest market snapshot extends a rally that was already underway.

Altcoin Buzz previously reported that ZRO jumped 11.6% as an OTC purchase, stablecoin integrations, ATLAS and ZRO buybacks helped strengthen the token's market narrative. The token was around $1.76 at the time.

Related: LayerZero Jumps 11.6% as ZRO Buying and ATLAS Fuel Momentum

The latest move takes ZRO to $1.85, with the token briefly reaching $1.94 during the latest 24-hour period.

The increase is also occurring alongside substantial derivatives activity. Perpetual open interest has reached about $268 million in the latest snapshot, while spot trading volume has climbed above $172 million.

That means the current move is being accompanied by significant market participation, although the available data does not establish how much of the rally comes from spot buying versus derivatives positioning.

What is behind the ZRO move?

The latest rally has several overlapping drivers.

LayerZero is highlighting $10 billion to $15 billion in monthly value transfer, more than 165 connected blockchains and over 900 applications. Independent data also shows the protocol handling a large share of high-value cross-chain transfers. Meanwhile, OFT adoption is expanding across stablecoins and tokenized assets, while ATLAS and Zero give the project a broader financial-market roadmap.

For ZRO, the key question is whether that growing infrastructure usage can translate into sustained token demand through mechanisms such as Stargate purchases, future ATLAS buy-and-burn activity and the eventual economics of Zero.

For now, the latest 13.5% move reflects renewed attention on LayerZero's scale and its expanding role in cross-chain value transfer.