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Ondo Unlocks Secure RWA Mobility for Solana with LayerZero Integration

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Key Takeaways:

  • Ondo’s bridge now enables USDY transfers between Solana and major EVM chains like Ethereum and Arbitrum.
  • The launch includes Ondo’s Decentralized Verifier Network (DVN) for enhanced security.
  • This move strengthens USDY’s role as a composable, yield-bearing, institutional-grade RWA across chains.

Ondo Finance has unveiled a significant expansion of its real-world asset (RWA) bridging infrastructure, marking Solana’s official entry into its institutional-grade omnichain network.

This development expands USDY’s accessibility so assets may be easily transferred between Solana and Ethereum, Arbitrum, and Mantle, opening new efficiencies for retail customers and institutions alike.

USDY, Ondo’s token collateralized by short-term US Treasuries, already has in excess of $170 million in total value locked on Solana and is now set to be a fully cross-chain asset.

The bridging framework was initially released with LayerZero but has since been rearchitected to serve demanding institutional needs. Particularly noteworthy was the launch of the bespoke Decentralized Verifier Network (DVN) by the network.

This verifier protocol independently checks mint-and-burn trades in cross-chain exchange so that trust assumptions are kept to a minimum and capital is transferred without counterparty friction or additional reserve requirements.

Ondo’s DVN Sets New Standard for Secure RWA Transfers

Characterizing this launch is the addition of Ondo’s DVN architecture. Developed specially for assets issued by Ondo, DVN solidifies verification protocols by lessening areas of failure.

This is a key move for institutions looking to have low-risk access to RWAs across chains, crypto market researcher Olivia Chang said. The DVN conducts off-chain validation and supply integrity checks to make cross-chain movement safe without compromising on capital efficiency.

These transfers utilize LayerZero’s burn-and-mint approach, which eschews third-party bridges’ liquidity fragmentation. Users are never reliant on pool liquidity or capital buffers.

Rather, the process is capital-efficient and trust-minimized in its entirety. This design awards USDY stablecoin-like characteristics along with functionality to bear yield.

USDY Now Competes with Stablecoins

Such integration enables USDY to serve as a suitable competitor to traditional stablecoins in cross-chain exchanges. The new functionality is attractive to institutional market players who value security and returns.

These market makers have an RWA-backed asset trading rapidly between networks with zero slippage and thus generating arbitrage and balance-of-portfolios opportunities previously requiring convoluted workarounds.

As it gets set to launch Ondo Global Markets, US equities onchain, this bridge establishes a blueprint for future RWA mobility. Institutional-grade design and composability are what Ondo hopes to bring to real-world assets in decentralized finance so that they are more useful, transferable, and reliable than previously.

Related Reading | Why Binance Dominates Whale Deposits During Crypto Market Dips: Report

ZRO Forms Rare Bull Pattern – Last Chance Before 60% Surge

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  • ZRO’s falling wedge pattern signals a potential bullish reversal, with strong post-March performance indicating underlying demand and possible breakout.
  • LayerZero’s CEO hints at a new airdrop with usage-based criteria, fueling market interest and offering potential for early participants.
  • With 11% of ZRO tokens remaining for distribution, observers note it’s “underfarmed,” suggesting a significant 2025 airdrop opportunity.

ZRO, the native token of LayerZero, has displayed tremendous resilience since the March dip. In the token’s price chart, a falling wedge pattern has emerged, characterized by converging trend lines that slope downwards. This sets the stage for a bullish reversal, meaning a potential price breakout on the upside.

In a falling wedge pattern, price keeps falling, although the rate of drop slows down. This chart formation also means that selling pressure is weakening and buyers are stepping in to regain control.

ZRO
ZRO Forms Rare Bull Pattern – Last Chance Before 60% Surge 3

Another crucial aspect to note is its recent positive performance. As one of the “strongest performing tokens” in March, ZRO’s recovery amidst the market drawdown highlights its underlying demand and bullish strength.

Some key correlation to watch out for is the influence of Bitcoin. As a dominant token, BTC’s price movements often impact altcoins, including ZRO. Market experts suggest if If BTC exhibits some strength, it could pave the way for ZRO to break out of the falling wedge pattern, propelling it toward $4–$4.5 in the coming weeks.

At press time, the token is trading at $2.77, down by 6% in the last 24 hours. Its market cap stands at $304 million. While technical analysis paints a compelling picture, it is always prudent to consider past performance and market sentiment before trading assets with the token.

ZRO Airdrop Rumors Fuel Price, But New Rules Apply

That said, ZRO is stealing the spotlight after rumors of another airdrop gain momentum. On March 30, Bryan Pellegrino, co-founder and CEO of cross-chain protocol LayerZero Labs, stated that the next drop might have completely new criteria, potentially based on RFPs & genuine usage.

See a lot more airdrop threads popping up – let’s not do round 2 of this please, prefer not to spend another month of my life hunting Sybil. Next distribution may look entirely different from the first, could be totally RFP based or something else entirely. Real usage only

ZRO
Source: @claimpilot

Market observers believe that LayerZero is quite “underfarmed now and could be another big Airdrop in 2025.” There is 11% $ZRO allocation left to be distributed, creating an opportunity for early investors.

TRON and Pump.fun Unite to Launch PumpSwap, Connecting SOL and TRX for Better Liquidity

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  • TRON DAO and Pump.fun have come together to launch PumpSwap, a decentralized exchange (DEX) that enhances liquidity, simplifies token trading, and supports all cross chain transactions between TRX and Solana.
  • Pump.fun is also introducing a revenue-sharing model that would allow token creators to earn from fees while leveraging LayerZero and Wormhole.

TRON DAO has partnered with Pump.fun to create PumpSwap, a new decentralized exchange (DEX) with built-in ‘pump features’. The aim of this platform is to improve liquidity by using its token launchpad on Solana, this would make trading smoother and more efficient.

TRON DAO & Pump.fun Launch PumpSwap

TRON DAO, a blockchain focused community platform, has joined forces with Pump.fun to launch PumpSwap, designed to improve liquidity and cross-chain access. Unlike other DEXs, PumpSwap connects directly to Pump.fun, making trading tokens smoother by removing migration steps and allowing instant liquidity management.The platform also introduces a revenue sharing model for token creators, so as to simplify liquidity control.

Pump.fun is also set out to allow token creators earn a part of the fees from their tokens, this way, creators and holders benefit. This system would help promote a vital and more lasting ecosystem for memecoins and other tokens. The platform also aims to connect different blockchains systems using LayerZero and Wormhole, to allow cross-chain trading easier.

This collaboration supports TRON’s goal of wanting to be at the forefront of expanding decentralized finance (DeFi) and strengthening its blockchain connections. 

This announcement came after Justin Sun’s post on X on the 18th March, where he teased about an upcoming collaboration that suggested plans to introduce TRX on Solana, with the goal of strengthening TRON’s reach in the network. Sun emphasized that the partnership between these two platforms would improve liquidity across different blockchains and make access easier. 

TRON DAO is a more community focused  organization that has interests in making the internet more decentralized through blockchain and dApps. The company Started in September 2017 by H.E. Justin Sun, the TRON network has grown rapidly since its MainNet launch in May 2018. The company previously held the largest amount of USDT in circulation, surpassing $60 billion.

The Benefit Of Pump.fun and TRON Partnership 

This partnership would help Pump.fun grow beyond just meme coins, turning it into a center for wider crypto use. PumpSwap would give users a way to access different networks without relying on regular fiat methods, making it simpler to buy and trade tokens across different platforms.

Related Reading | Bitcoin Classified as Non-Produced Asset in IMF Economic Data

ZRO: The $2 Token That Could Hit $45 by 2030

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  • ZROUSDT is currently trading at $2.2848, showing a slight increase of +0.0225 (+0.99%) on the 1-day chart.
  • The chart indicates a potential upward trend, with the price bouncing off a support level around $1.4817 and aiming towards the $2.5717 resistance.
  • The timeline suggests a potential bullish movement into April and May 2025, after a period of consolidation from late 2024 to early 2025.

$ZRO is in the limelight after LayerZero recently celebrated its 3-year anniversary. The token’s technical analysis depicts a bullish scenario. Currently trading around $2.30, ZRO has successfully risen above a crucial support level, indicating renewed buying strength. A decisive breakout above the $2.48 resistance would pave the way for a strong bullish trajectory.

With a short-term target of $7+, the token’s momentum lies in increased buying activity. Short-term and long-term targets are $9 by the end of 2025 and $45 by 2030. These forecasts are based on the rising “interoperability demand,” or the growing significance of different blockchains to communicate with each other.

LayerZero is an “omnichain protocol” that claims to offer secure cross-chain communication between diverse blockchains. Since its launch on March 15, 2022, the cross-chain protocol has extended support to 125 chains, enabled a staggering 140,000,000 messages, and powered hundreds of “OApps” (Omnichain Applications).

$ZRO: Revolutionizing Cross-Border Transfers

Recently, the DeFi platform facilitated the transfer of 500k USDC between different blockchains, demonstrating the power of blockchain interoperability in making global transactions faster, and cost-effective.

ZRO
ZRO: The $2 Token That Could Hit $45 by 2030 5

Citing the transaction, blockchain enthusiast Bielzin noted, “In the traditional banking system, an international transfer of this amount could involve multiple intermediaries, high fees, and delays, especially on weekends. Here, the process was completed in just a few minutes, with no time restrictions and negligible costs compared to the transferred amount.”

LayerZero has also been instrumental in integrating TON to the Tether USDt ecosystem. As reported by TronWeekly earlier, the implications here are deemed massive. TON has one the biggest digital distribution networks in the world: Telegram, with 1 billion active users.

In general, the above analysis paints a bullish picture for $ZRO based on both technical indicators and the project’s strong fundamentals. Additionally, the integration of TON and Tether USDt is a very large fundamental catalyst for growth. The connection to telegram is another huge advantage.

TON Just Leveled Up: 100+ Chains Now Connected

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  • LayerZero’s FunC++ framework simplifies smart contract development and cross-chain functionality on TON.
  • TON integrates LayerZero, connecting to 100+ blockchains for seamless asset transfers and enhanced DeFi.
  • Partnerships with Stargate and Ethena bring stablecoin liquidity and yield-bearing opportunities to the blockchain.

TON Blockchain has teamed up with LayerZero, a cross-chain messaging protocol, to gain access to over 100 blockchains, including Ethereum, Solana, and Tron. This partnership addresses the platform’s previous limitation of lacking direct access to multi-chain liquidity.

As per the post, this integration allows asset transfers, broader liquidity, and brings DeFi opportunities for the TON ecosystem. LayerZero enables secure communication between blockchains, powering projects like Ethena, PayPal, and Pudgy Penguins.

Users can send and receive assets like USDT and USDe across chains, access cross-chain DeFi with lower fees, and move assets freely. Additionally, developers gain full cross-chain capabilities, deploying tokens to TON from any LayerZero-supported chain, enabling smart contract communication, and tapping into new liquidity.

Some of the notable partnerships with USDT0, Stargate, and Ethena could further enhance TON’s capabilities. While Stargate facilitates seamless USDT and USDt transfers and cross-chain swaps, Ethena Labs brings its USDe synthetic dollar to the ecosystem, expanding DeFi potential and offering users access to yield-bearing stable assets.

TON Holders Face Critical Juncture as Price Lingers in $3-4 Range

LayerZero also launched FunC++, a new framework for smart contracts, promising faster, more efficient development and easier cross-chain development. With LayerZero, Telegram integration, and growing liquidity, it is positioned as a powerful Layer 1 blockchain, ready for DeFi expansion and multi-chain interaction.

Meanwhile, TON token holders face a precarious moment as the price continues to hover in the $3-4 range, months after warnings of a potential downturn if the $6 mark wasn’t breached.

TON
TON Just Leveled Up: 100+ Chains Now Connected 7

A sustained breakout is crucial to avoid further losses, with some analysts predicting a significant downturn if the token fails to rally.

IF YOU ARE A $TON HOLDER, THIS POST IS FOR YOU I had mentioned earlier, if the token didn’t breakthrough 6$ mark, it’s heading down real quick. 3 months later, it is at 3-4$ range . Crucial , we need to see a breakout here. If not it’s gonna be a blood bath.

The coming weeks will be key in determining the token’s trajectory and whether it can regain positive momentum. Investors are advised to monitor the situation closely and exercise caution.

LayerZero Secures Settlement with FTX Estate After Two Years of Intense Legal Battles

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  • LayerZero settles legal battle with FTX estate, returning original repurchase amount.
  • ZRO token jumps 8% after LayerZero resolves 2-year legal dispute with FTX bankruptcy.
  • After legal settlement, LayerZero focuses on expanding its omnichain interoperability network.

After more than two years of legal litigation, LayerZero Labs settled with the FTX estate. This implies the conclusion of the legal dispute initiated in 2023 by the FTX estate, which aimed to regain over $86 million from the interoperation protocol. Bryan Pellegrino the co-founder and CEO of LayerZero, officially confirmed the settlement on social media platform X.

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LayerZero Secures Settlement with FTX Estate After Two Years of Intense Legal Battles 9

Background of the Legal Dispute

This legal dispute arose from several transactions between LayerZero Labs and Alameda Research, a company affiliated with FTX. Alameda Ventures had provided substantial funds to LayerZero before FTX’s downfall, including a $45 million loan that was forgiven in exchange for a repurchase agreement for equity.

When FTX collapsed in November 2022, an effort was made by LayerZero to purchase back the stake from Alameda but was met with backlash from the FTX estate. They said these transactions took place while Alameda was low on cash, stating that any pledges during insolvency were fraudulent. Additionally, the FTX estate stated that LayerZero sought to take advantage of the financial troubles that befell Alameda Research.

Accordingly, LayerZero has agreed to pay a sum of money to the original repurchase amount into the bankruptcy estate. The company said the settlement would enable it to achieve that growth without subjecting it to legal issues surrounding it for the last two years.

Financial and Operational Impact of the Settlement

The dispute resolution removes a significant obstacle for LayerZero as it continues to search for ways to extend its omnichain platforms. LayerZero remains a company with a special focus on blockchain interoperability, which was considered crucial for the company’s evolution. The company has made great progress in connecting numerous blockchain networks, enhancing its role in decentralized finance and the DeFi ecosystem.

Pellegrino expressed his relief, saying that the legal case had drained their financial resources and cost the lawyers millions. With this conflict resolved the company can refocus on enhancing its offerings and continuances. The price of LayerZero’s ZRO token rose by more than 8%, reflecting the positive market response to the settlement news.

Aside from the legal settlement, FTX has also begun paying creditors with claims of less than $50,000—primarily to keep funds flowing. That is part of efforts to resolve FTX’s collapse and ensure FTX’s creditors get their dues. LayerZero successfully overcame the financial and legal hurdles and is assured to follow its growth course in the blockchain space.

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LayerZero’s Bridged Token Creates 9-Way Clash Over Ethereum’s Future

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Cross-chain protocol LayerZero recently introduced a new bridged token, sparking controversy within the Ethereum ecosystem. Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router jointly criticized this token in a statement released on October 27. They referred to the token’s standard as a “vendor-locked proprietary standard” that restricts the freedom of token issuers.

The protocols argued that LayerZero’s new token, designed to bridge wstETH to Avalanche, BNB Chain, and Scroll, lacked support from the Lido DAO, a decentralized autonomous organization. They raised concerns about the token being governed by “provider-specific systems” primarily controlled by the implementing bridges, thereby posing potential “systemic risks” that are difficult to quantify. As a solution, they advocated for the use of the xERC-20 token standard to bridge stETH instead of the cross-chain protocol’s offering.

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Source: X

Lido Staked Ether (stETH) is a liquid staking derivative generated when users deposit Ether into the Lido protocol for staking. LayerZero launched a bridged version of stETH, known as Wrapped Staked Ether (wstETH), on BNB Chain, Avalanche, and Scroll on October 25, expanding its availability to these networks without the approval of the Lido DAO. This move drew criticism from Lido DAO members who accused the cross-chain protocol of attempting to mislead users about the DAO’s support for the new token.

Simultaneously, the cross-chain protocol proposed that the Lido DAO should officially endorse the new token for use on the three networks, offering to relinquish control of the token’s protocol. However, some Lido DAO members perceived this as an attempt to pressure the DAO into approving the proposal prematurely.

LayerZero’s Security Concerns: A Risk to Ethereum?

Concerns over security also surfaced, with claims that the cross-chain protocol’s centralized approach could pose a significant risk to Ethereum’s main protocol. A potential hack in the verification layer might result in the infinite minting of wstETH, according to Lido DAO member Scaloneta.

In response, LayerZero defended its wstETH token’s security and decentralization. They emphasized the omnichain fungible-token (OFT) standard’s reliability, which has been used by over 75 projects, transferring over $3 billion in value. LayerZero asserted that developers maintain the ability to choose their validation layer and include other bridges within the immutable LayerZero framework.

LayerZero’s bridged token has stirred controversy within the Ethereum community, with concerns surrounding its governance and security. As the debate continues, it remains to be seen whether LayerZero’s proposal will gain approval from the Lido DAO and the broader Ethereum ecosystem.