Layer Zero Big Thing Spoiler - What's worth keeping an eye on?
What's going on? I just woke up with a blood sugar spike after eating and the charts are going crazy! Let's summarize three key points.
1. Layer Zero launches its own chain, ZERO
-> Layer Zero announced on YouTube that they were launching a new chain, but then the price dropped again. The market interpreted this as, "We already have ZRO and STG, so they're launching a mainnet again!? What about the existing tokens?!?" and the price plummeted. The video in question has since been removed.
2. Layer Zero announces investment from Tether.
This makes me wonder if Tether has made such an investment before. The total investment amount hasn't been disclosed, but I can't help but wonder if they might have been a little nervous about Tether's investment.
Tether cited Tether's Wallet Development Kit (WDK) as the primary reason for its investment, stating, "Combined with Tether's Wallet Development Kit (WDK), this infrastructure provides the most advanced foundational rails for digital asset payments, settlement, and custody for real-world use cases. It's also optimized for agent finance, enabling AI agents to operate their own autonomous wallets and trade stablecoins and digital assets at scale, frictionlessly." Perhaps Tether envisions AI agents operating as these rails, leveraging the Layer system to facilitate payments.
3. LayerZero Tweet
LayerZero added fuel to the fire by announcing this news, stating, "Tether is investing in LayerZero Labs because we believe in our vision for the future. If you want to see that future for yourself, tune in today at 4:30 PM EST (5:30 AM KST)."
This suggests they might announce something more than just the Tether investment during the presentation. Otherwise, they might just reveal the details. Is this all there is to the mainnet's effectiveness and Tether's investment announcement, or is there more news? As of now, it seems to be a mixed bag. (This is 100% brain-fiction, not reliable.)
In conclusion
With this, Layer Zero has become a project that has joined hands with two giants, a16z and Tether, and the launch of Mainnet ZERO seems to be more than a passing boast. If we mix these two and draw a conclusion, we can deduce something like, "Are a16z and Tether impressed by Layer Zero's mainnet and vision? Is this truly a meaningful mainnet, not just a shell replacement?"
ps: I'm Rezero, an ambassador, but aside from this, please be cautious when trading! (Especially futures) The charts are always very volatile when there's an announcement. For example, it was rising just before 4:30, but then the announcer came out and said hello, and it dropped 10%... Just looking at the chart above, you can clearly see that volatility will be high today, so always be cautious! No matter how good the news is, it's useless if futures are leveraged.
Tomorrow, once I've sorted out the details, I'll post a new mainnet analysis, a review of the announcement, and more!
x.com/LayerZero_Core/status/20...
#ZRO #Ambassador