Cathie Wood Highlights LayerZero’s Role in Cross‑Chain Messaging

ARK Invest CEO Cathie Wood posted on X that most investors fail to recognize the significance of LayerZero (ZRO) in cross‑chain messaging and interoperability. She praised the vision of the founding team and referenced a recent ARK research note that projects substantial revenue growth for the protocol.

LayerZero’s Interoperability Function

LayerZero enables verified messages to be relayed between blockchains that otherwise cannot communicate. According to ARK, the protocol supports more than 170 networks.

Revenue Outlook

ARK’s director of research for digital assets, Lorenzo Valente, suggested that LayerZero’s interoperability business could generate nine‑figure annual recurring revenue. The claim is based on data through June 2026, which shows $280 billion in cumulative value transferred and 44 % of cross‑chain volume in the first half of the year.

Market Performance

At the time of reporting, ZRO was trading near $1.04, down about 6 % on the day, with a market capitalization of roughly $368.7 million, ranking it around 120th among tokens. Over the past month, the token gained about 36 %, after rebounding from a July low of $0.71. The token’s circulating supply is near 353 million, with monthly unlocks adding to supply pressure.

ARK’s Position

ARK discloses financial interests in both LayerZero Labs and the ZRO token, indicating that its research aligns with a position in the asset. The firm’s revenue projection is presented as an internal read rather than a formal forecast.