$ZRO
Bryan Pellegrino, CEO of LayerZero Labs, recently stated that the number of LayerZero messages has indeed decreased. In the second quarter of 2024, the number of messages sent on LayerZero exceeded 12.3 million, a 58% decrease from the previous quarter. This drop is likely due to a surge in activity in the first quarter of 2024 in anticipation of the native token launch.
In addition, LayerZero's message volume dropped to 70,000 on May 5, 2024, from 348,000 before the April 30 snapshot date, and has recently dropped below 40,000, which is the highest number since March 2023. Unseen levels. This shows that the number of recent messages on LayerZero has indeed decreased significantly compared with last year’s high point, and the approximately 95% reduction in data may be related to these circumstances.
Nonetheless, LayerZero’s full-chain application (OApp) contract deployment exceeded 50,000 in the second quarter of 2024, showing that its application adoption rate in gaming, DeFi, AI, bridging and other fields is still growing.
