Over the past 24 hours, LayerZero regain its upward footing after falling to $1.7. The altcoin bounced back, flipped $2, and rose to $2.19 before retracing.
As of this writing, LayerZero was trading around $2.118, up 11.5% on the daily charts. This price hike was backed by a 45% jump in Spot trading volume.
LayerZero buyers retake the market
Two days ago, LayerZero made notable gains after its cross-chain dominance drew renewed market attention. This price uptick, however, proved short-lived as the altcoin retraced to $1.7.