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The ZRO/USD Exchange Rate Launches on the API3 Market

Twitter icon  •  Published 6 hours ago  •  Hassan Maishera

On Saturday, the API3 team announced via X that the ZRO/USD Exchange Rate is now available on the API3 Market.

On Saturday, the API3 team announced via X that the ZRO/USD Exchange Rate is now available on the API3 Market. $ZRO is the native governance token of LayerZero, powering cross-chain transaction fees and services within the LayerZero ecosystem

Thanks to this latest development, API3 users can now use this new data feed to build on-chain products across 40 blockchains. 

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $2.038, down 3.5% in the last 24 hours. 

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $4.464, up 10.5% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.