Messari releases LayerZero 2024 Q2 status report: LayerZero adds support for 12 new networks
Messari released the LayerZero Q2 2024 status report, which added support for 12 new networks, facilitated the transfer of $5 billion in encrypted assets, and increased the average value of each transfer by 78% to over $400. The transfer volume on the Ethereum network increased by 26% compared to the previous month, reaching $913 million, mainly due to the Dencun upgrade reducing gas fees and the introduction of full-chain heavy staking. On June 20th, LayerZero airdropped ZRO tokens to 1.28 million eligible wallets, using anti-witch attack measures and a "donation proof" mechanism. In the second quarter, LayerZero supported over 50,000 contract deployments for full-chain applications (OApps), covering multiple fields such as games, DeFi, and AI. LayerZero currently supports secure communication for over 80 networks, providing interoperability solutions for full-chain applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump’s Tariffs Ruled Illegal, Markets Breathe a Sigh of Relief
Elon Musk wraps up White House role, affirms DOGE’s ongoing journey
Share link:In this post: Elon Musk stepped down as head of DOGE because he reached the legal work limit. Musk said DOGE saved $175 billion, but some people questioned the real savings. Musk wants to focus on Tesla and SpaceX now and leave politics behind.
XBTO attains UAE license to offer digital asset custody and investment services
Share link:In this post: XBTO license in the UAE will allow it to offer crypto investment and custody services. The company is also seeking a license in the UK. XBTO was a participant in Abu Dhabi’s Hub71.

Bitget Adds B/USD1 Trading Pair. Come and grab a share of 80,428 B!
Trending news
MoreCrypto prices
More








