- LayerZero (ZRO) price rose sharply to rank among top gainers on November 7, 2025.
- ZRO price benefited from a $10 million LayerZero Labs token buy.
- Bulls pushed to intraday highs of $1.87 and could target further upside.
LayerZero’s native token ZRO is trending among top gainers today with double-digit gains.
The token is seeing significant attention amid a volatile cryptocurrency market, with ZRO price buoyed by a strategic move aimed at bolstering the project’s treasury strategy.
Bulls pushed to highs of $1.87 before slipping to around $1.66 as of writing, but could this be the starting of a big move for ZRO?
ZRO price surges after $10 million LayerZero Labs token buy
LayerZero Labs, the team behind the LayerZero protocol, announced a major move on Nov. 7.
It said it had executed a $10 million open-market purchase of its own ZRO tokens, with the fresh buy adding to the company’s balance sheet.
LayerZero Labs has purchased $10m of ZRO for its balance sheet. https://t.co/GsUFGs8for
— LayerZero (@LayerZero_Core) November 6, 2025
“We at LayerZero Labs believe ZRO is currently one of the most mispriced assets in the world,” the announcement stated, emphasizing the protocol’s central role in facilitating a “once-in-a-generation change in the financial system” through global-scale, permissionless infrastructure.
ZRO had plummeted to a multi-month low of $1.28 earlier in the week.
This came amid a broader crypto downturn and the October 20 token unlock event that released 25.71 million ZRO into circulation.
On Nov. 7, the token experienced a robust rebound. It climbed from lows of $1.43 to $1.87.
Trading volume also spiked dramatically, with over $142 million exchanged across major platforms amid a 190% surge.
The unlock in late October had initially pressured prices, leading to a consolidation phase followed by a sharp dump as bearish sentiment gripped the market.
Bulls can now target gains to $2 or higher if prices hold key support levels in the $1.66-$1.52 region.
More about LayerZero
LayerZero’s proactive intervention signaled strong internal conviction, countering narratives of dilution and restoring faith among holders.
LayerZero now connects over 50 blockchains, including Ethereum, BNB Chain, Avalanche, and non-EVM networks like Aptos.
This enables seamless omnichain applications for decentralized finance (DeFi) projects such as Stargate Finance and Radiant Capital.
The buyback not only reduces circulating supply marginally but also positions ZRO as a cornerstone for governance and staking rewards, incentivizing long-term participation.
As could be the case, this action could catalyze further accumulation by large holders. The race for cryptocurrency treasury strategies could heat up for ZRO.
ZRO price today
ZRO has maintained its upward trajectory even as it trades at $1.66 and off intraday highs.
Gains of over 13% in the past 24 hours, as of writing, bring the weekly uptick to 8% and cut losses in the past month to 31%.
While in the red on longer time frames, the ZRO price is above a key downtrend line.
This positions the token above its recent support at $1.60, with intraday fluctuations ranging from a low of $1.64 to a high of $1.87.
Relative Strength Index (RSI) sits at 57, having pivoted from overbought conditions.
Meanwhile, the moving average convergence divergence indicator provides support with a bullish crossover.
