Hi! I’m Uncle Bird. Today, Uncle Bird brings you an in-depth layerzero research report, aiming to conduct an in-depth analysis of LayerZero and ZRO tokens, and evaluate their technical advantages and market potential.

The LayerZero (ZRO) token is the native token created by LayerZero Labs to provide liquidity and incentives for the LayerZero protocol. The LayerZero protocol is a lightweight messaging protocol that ensures reliable delivery and authentication of messages. It provides higher security by using Oracle and Relayer pairings and is committed to becoming the foundational interoperability layer of the blockchain ecosystem.

The LayerZero (ZRO) token is the native token created by LayerZero Labs to provide liquidity and incentives for the LayerZero protocol. The LayerZero protocol is a lightweight messaging protocol that ensures reliable delivery and authentication of messages. It provides higher security by using Oracle and Relayer pairings and is committed to becoming the foundational interoperability layer of the blockchain ecosystem.

LayerZero has completed multiple rounds of financing, including $135 million led by investment giants such as Sequoia Capital, FTX Ventures, and Andreessen Horowitz. These funds will be used to further develop and improve the LayerZero protocol to meet growing needs and challenges.

At the same time, the LayerZero protocol has been deployed on more than 40 test networks and introduced the V2 technical white paper. V2 aims to create a cross-chain network that enables developers to build universal applications. Decentralized Verification Networks (DVNs) replace the V1 Oracle and become a role with unlimited permissions. Any entity that can verify cross-chain data packets can join LayerZero as a DVN.

LayerZero's key features include:

1. Cross-chain interoperability: LayerZero provides the ability to transmit messages between different blockchains, allowing developers to create multi-chain applications.

2. Security: LayerZero relies on a configurable security stack to ensure the security and reliability of message transmission.

3. Permissionless Execution: LayerZero uses a permissionless executor, which increases its degree of decentralization.

Based on LayerZero’s technical advantages, market demand, and team background, Bird made the following predictions for the $ZRO token price:

In the short term, considering the market's urgent need for cross-chain solutions and LayerZero's technological innovation, the price of $ZRO tokens may rise rapidly, and is expected to reach $5-$10.