LayerZero unveils 'Zero' Layer-1 with Citadel, ICE and Google Cloud; Hoskinson confirms Cardano port and USDCx launch; ZRO jumps ~40% to $2.50
first published 2026-02-11T20:16:57Z
LayerZero announced a new Layer-1 blockchain called Zero, developed with Citadel, Intercontinental Exchange (ICE) and Google Cloud. Zero is promoted as a “multi-core world computer” targeting 2 million TPS per component. Following the unveiling and the addition of high-profile advisors (Cathie Wood, Michael Blaugrund, Caroline Butler), the ZRO token recovered from an initial sell-off and rallied roughly 40% from ~$1.70 to ~$2.50; market cap reached $481M, highest since Jan 2025.
AI Analysis
Concrete product launch (Zero L1) with named institutional partners (Citadel, ICE, Google Cloud) and advisor announcements are positive fundamentals; the token moved ~40% intraday from $1.70 to $2.50 and market cap hit $481M, indicating immediate market response.
Expected Investor Sentiment: Bullish
Potential Market Impact: Significant
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