On Thursday, the LayerZero team announced via X that Euler Labs is expanding to new chains with LayerZero's OFT Standard. Euler’s EUL is now powered by LayerZero. Users can use Stargate Finance to bridge EUL across Mainnet, Base, Sonic, Arbitrum, and others.
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 $2.993, up 2.5% in the last 24 hours.