LayerZero (ZRO) experienced a roughly 3% decline on Tuesday after rising more than 14% the previous day. Notably, the partnership between the LayerZero protocol and MoonPay’s Open Wallet Standard (OWS) is expected to significantly boost commerce activities driven by artificial intelligence (AI) agents across multiple blockchains. Additionally, the open interest (OI) of ZRO futures contracts increased by 17% over the past 24 hours, reflecting a clear improvement in investor confidence.
LayerZero x MoonPay: Integration boosts agentic economy and attracts retail investor interest
The collaboration between LayerZero and MoonPay’s Open Wallet Standard (OWS) enables AI-powered payments on over 170 blockchains, supporting a variety of assets such as USDT0, WBTC, and PYUSD with nearly zero latency. This serves as a crucial foundation for promoting the adoption of decentralized tools in high-frequency payment transactions.
Meanwhile, retail investor demand for LayerZero has surged following the new integration. Data from CoinGlass shows that ZRO open interest increased by 17%, reaching $135.59 million in 24 hours, indicating a significant expansion in the notional value of outstanding contracts. During the same period, total liquidation value reached $88,450, with short positions accounting for $71,670, suggesting that bears are under considerable pressure as they are being forced out of the market.
Derivatives data for ZRO | Source: CoinGlass## Technical Outlook: Will ZRO price continue to recover and break out?
As of Tuesday, LayerZero declined 3%, a correction following a recovery of over 14% earlier. Nevertheless, ZRO remains above the 50-day exponential moving average (EMA) at $1.90 and has formed a “Golden Cross” with the 200-day EMA, indicating that the long-term bullish trend remains dominant.
Daily ZRO/USDT chart | Source: TradingView Technical signals are cautious: the MACD is approaching the signal line after recently crossing downward, reflecting weakening selling momentum. If the MACD reverses and crosses upward, bullish momentum could be restored. Meanwhile, the RSI at 56 has risen from the neutral zone, suggesting efforts to maintain an upward trend.
On the positive side, the nearest resistance zone is around $2.39 — the high set on January 23. A closing price above this level could allow bulls to regain control, opening room for an increase toward $2.59, a level previously tested on February 11.
SN_Nour
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
OpenSea Launches Mobile Perpetuals Trading for Beta Users, Kicks Off 5-Day Trading Contest
Gate News message, April 22 — OpenSea has rolled out mobile perpetuals (Perps) trading functionality to select beta users and will launch a five-day trading contest beginning April 23 at 5 a.m. UTC+8. The competition is restricted to mobile beta testers, with all participants receiving an initial
GateNews1h ago
Gate Daily Report (April 22): A U.S. PACE bill is set to allow the Federal Reserve to pay for access; Kalshi plans to launch sustainability futures
Bitcoin (BTC) sees a short-term rebound, temporarily trading at around $76,230 as of April 22. A bipartisan PACE bill in the U.S. would seek to allow the Federal Reserve’s payment system to be connected, with support from the crypto industry. According to The Information, Kalshi is considering launching sustainable futures to expand its cryptocurrency business.
MarketWhisper14h ago
Major CEX Launches Spot Trading for OpenGradient (OPG) Token on April 21
A major exchange launches OPG spot trading with the OPG-USD pair starting April 21, 2026. Trading will roll out gradually to ensure liquidity and stability, with access limited by regional regulatory requirements.
OpenGradient (OPG) is being listed for spot trading on a major centralized exchange, issuing the OPG-USD pair on April 21, 2026. The rollout will be phased and regionally restricted to manage liquidity and regulatory constraints.
GateNews23h ago
Gate Daily Report (April 21): Lido discloses the EarnETH exposure protection mechanism; DeFi losses exceed $600 million over the past three weeks
Bitcoin (BTC) sees a V-shaped rebound. As of April 21, it is temporarily around $76,028. U.S. President Trump says he is willing to hold direct talks with Iran’s top leadership. Lido said that the EarnETH treasury holds an exposure of about $21.6 million in rsETH, and the loss-protection mechanism is ready. DeFi has lost more than $600 million over the past three weeks, and the Kelp DAO incident has dragged DeFi TVL down to a one-year low.
MarketWhisper04-21 02:05
Musk’s X introduces smart tags, driving $1 billion in global trading volume in 3 days
Musk’s social platform X rolled out a brand-new “Smart Cashtags” feature on the evening of April 15 (last Tuesday). On April 17, Nikita Bier, X’s product lead, announced that in just 3 days the feature drove about $1 billion in trading volume across global markets, based on aggregated data from X’s trading pilot program.
MarketWhisper04-20 06:32
Gate Daily Report (April 20): RAVE’s crash sparks warnings about altcoin manipulation; Charles Schwab Wealth Management considers entering prediction markets
Bitcoin gives back some of its recent gains, trading at $74,240. The RAVE token plunged 95%, prompting a warning about market manipulation. Charles Schwab and Castle Securities are considering entering prediction markets. U.S. stocks rose, and investors are watching the Middle East situation and the earnings season. Market liquidity is low, so a near-term pullback doesn’t need to be overly worrying.
MarketWhisper04-20 01:38
