LayerZero has caused a stir among crypto enthusiasts with a recent post on X. The company's technology powers Stargate, which has been the third most widely used bridge in the last 30 days, with a volume of $607 million. Stargate is also the most active bridge in terms of volume, excluding solutions that only connect two specific blockchains, such as #Arbitrum and #Ethereum.
This announcement comes at a time when #Bitcoin and Ethereum are reaching new yearly highs, and high-profile token launches like JITO and TIA have reminded crypto enthusiasts of the potential for big airdrops.
LayerZero has always been built with the ability to have a native token within the protocol, as can be seen in the immutable code launched on day 1. We’ve heard the community discussion over the last few months and the lack of clear communication around this. We’ll state now in… — LayerZero Labs (@LayerZero_Labs) December 7, 2023
The DeFi community has been eagerly awaiting the release of a token from #LayerZero, and many users have been actively using the platform in the hopes of being rewarded with an airdrop.
