ZRO Surges 30% as Cathie Wood Backs LayerZero’s Zero Chain

ZRO jumps over 30% after Ark Invest’s Cathie Wood joins LayerZero’s advisory, signaling growing institutional backing for Zero Chain and on-chain finance.

Rich by Coin

2026-02-11

ZRO surged over 30%, rising from $1.80 to $2.30. The latest bounce extended LayerZero’s February recovery to roughly 81%. LayerZero unveiled its high-performing Layer-1 chain, Zero, with support from major institutions including Citadel Securities, DTCC, ICE, and Ark Invest.

Ark Invest’s Cathie Wood joined the advisory board and stated that finance is moving on-chain, adding, “Finance is moving on-chain, and I believe LayerZero will be one of the core innovation platforms supporting this multi-decade shift.” Analysts note resistance near $2.40, where profit-taking could appear, and the RSI remains near oversold territory, suggesting limited upside without a breakout. A sustained move beyond $2.50 could push toward $3.00, implying about a 25% rise if hit.

Speculative demand in the derivatives market also surged, with Open Interest climbing from about $84 million to over $154 million in 24 hours. Exchange Net Position Change hitting a five-month high near $7 million, signaling potential selling pressure if the rally cools.