ZRO Surges 22% Following LayerZero’s Major Token Buyback Initiative
The native token of the LayerZero platform, ZRO, experienced a significant price surge of over 22% after the LayerZero Foundation announced a sizable token buyback. This strategic move involved the repurchase of 50 million ZRO tokens, which constitutes 5% of the total token supply, generating excitement among its investors and the broader crypto community. On September 22, the LayerZero Foundation revealed in a post on X that the buyback had been successfully executed from early backers of the project. Following this announcement, the price of ZRO climbed sharply from approximately $1.82 to over $2.21 by September 24, illustrating strong market












