ZRO LayerZero Rank #133

LayerZero is an interoperability protocol that connects blockchains for developers to build omnichain applications, tokens, and experiences. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between chains. The fully diluted valuation (FDV) of LayerZero (ZRO) is $1,332,800,573. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion ZRO tokens are in circulation today. Depending on how the emission schedule of ZRO tokens are designed, it might take multiple years before FDV is realized. With a price decline of -0.40% in the last 7 days, LayerZero (ZRO) is underperforming the global cryptocurrency market which is up 0.00%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.20%.