According to Odaily Planet Daily, DYOR founder Hitesh Malviya analyzed the on-chain usage data and predicted that the fair FDV of LayerZero (ZRO) is 5.3 billion to 9.7 billion US dollars. Malviya mentioned that both Axelar Network and ZRO are building infrastructure for cross-chain communication, but Axelar is more like a B2C platform, making money by charging AXL directly to users, while LayerZero is more like B2B2C, managing communications while asset transfers are usually handled by independent bridges like Stargate. He speculated that LayerZero may involve some models around OFT and protocols built on LayerZero, and ZRO may be used as a payment token by protocols built on LayerZero. He also mentioned that LayerZero has a validator network called Relayers, and if they plan to further decentralize, they may launch a staking service. He pointed out that Axelar's key indicator is GMP, including messages and asset transfers, and its FDV is 885 million US dollars. LayerZeroâs key metric is messages, and they process 44,000 messages per day, which is 11 times the traffic of Axelar. Their FDV is probably in the same range, 6-11 times higher than Axelarâs ââFDV.
