It is a “blockchain of blockchains” that allows other blockchain networks to communicate directly and in a trustless manner. LayerZero's key feature is Ultra Light Nodes (ULNs). These smart contracts run on each blockchain and act as endpoints for cross-chain communication.
The live LayerZero price today is $2.85 USD with a 24-hour trading volume of $330,782,413 USD.
While price projections should be taken with a grain of salt, many analysts and professionals have predicted a positive outlook for ZRO in 2025. According to certain projections, ZRO might reach $5 to $10 by 2025, a huge rise from its current price (around $3 as of June 21st, 2024).