Cathie Wood Says Most Investors Do Not Appreciate This Critical Crypto Token
ARK Invest CEO Cathie Wood mentioned most buyers overlook the function LayerZero (ZRO) performs in cross-chain messaging, praising the group behind the interoperability protocol in a submit on X.
Her submit amplified an argument revealed two days earlier by Lorenzo Valente, ARK’s director of analysis for digital property, who mentioned LayerZero’s interoperability enterprise alone will most likely attain nine-figure annual recurring income (ARR).
Cathie Wood Says Investors Underrate LayerZero
Wood posted on Saturday that the majority buyers “don’t admire the essential function” LayerZero performs in crypto messaging. She additionally singled out the founding group.
LayerZero relays verified messages between blockchains that can’t in any other case talk. ARK counts greater than 170 supported networks.
Valente made the unique argument on Thursday. Messaging protocols was essential infrastructure as app-specific chains and rollups multiplied, he wrote. Demand grows additional as tokenized real-world assets transfer on-chain.
The September 3 ARK paper behind Wood’s submit places scale behind the declare. Using information by June, it credit LayerZero with $280 billion in cumulative worth transferred and 44% of cross-chain quantity within the first half of 2026.
However, LayerZero doesn’t personal the class. Circle’s CCTP got here second at 41%, and Chainlink pushes a similar cross-chain pitch by CCIP.
ZRO Holds a Monthly Gain Despite Friday’s Drop
Traders haven’t adopted Cathie Wood within the quick time period. ZRO trades near $1.04, down about 6% on the day. Its market worth stands at $368.7 million, rating it one hundred and twentieth.
The month-to-month image appears stronger. ZRO has added roughly 36% over the previous month, most of it in a leap between August 21 and August 23.
That rebound began from a document low. ZRO bottomed at $0.71 on July 31 and nonetheless trades far under its December 2024 peak of $7.47.
Supply retains the strain on. Monthly ZRO token unlocks add to a circulating base close to 353 million.
ARK will not be a impartial observer both. The agency discloses monetary pursuits in each LayerZero Labs and ZRO, so its analysis doubles as a place.
Meanwhile, Valente framed the income name as his personal learn, not a home forecast. Wood’s endorsement rests on that thesis. Part two of the ARK collection could present whether or not the charges assist it.
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