📊 $ZRO #Messari . State of LayerZero Q2 2024:

▪️ In Q2’24, LayerZero expanded its omnichain interoperability protocol, adding support for 12 new networks and facilitating $5 billion in crypto asset transfers;

▪️ $ETH saw a 26% QoQ increase in transfer volume from $725 million in Q1’24 to $913 million in Q2’24 thanks to lower gas fees due to Dencun upgrade;

▪️ The ZRO token launched on June 20, 2024, with an airdrop to 1.28 million eligible wallets;

▪️ Surpassing 50,000 omnichain application (OApp) contract deployments in Q2’24;

▪️ LayerZero saw growth in application adoption across gaming, DeFi, AI, bridging, and other sectors utilizing its omnichain communication.