LayerZero launched ATLAS — ZRO jumped almost 30%

The LayerZero team has launched ATLAS—an infrastructure for trading and settlements on the Zero blockchain, which, according to the developers, has a throughput of 200,000 transactions per second and latency of less than one millisecond.

Most importantly for ZRO holders: 75% of ATLAS fees after discounts will be directed toward the buyback and burning of the token. The higher the trading activity, the greater the potential amount of burning.

After the announcement of ATLAS, the price of ZRO briefly rose from $1.05 to $1.33, before partially retracing.