LayerZero (ZRO) saw a 21.73% daily price jump, extending its seven-day gain to 47.41%. Spot volume rose 94.88% to roughly $163 million while derivatives volume surged 153.75% to $264.54 million. Whales strengthened spot demand with larger order sizes while aggressive buyers dominated the executed trades. Leveraged longs joined the advance with open interest climbing 28.82% to $164.07 million and a positive funding rate of 0.0156%. The $1.50 resistance level remains the crucial test before exposing the next $2.00 target.
Source: Read the original article
