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ZRO price outlook as PayPal expands PYUSD to more chains via LayerZero

  • LayerZero and PayPal bring stablecoin PYUSD to nine new blockchains.
  • PayPal will use LayerZero’s Omnichain Fungible Token (OFT) standard to expand PYUSD to Aptos, Tron and other networks.
  • Bulls could target $3.20 next before an extended rally brings $7.14 into play.

PayPal is teaming up with LayerZero to expand its stablecoin PayPal USD (PYUSD) to an additional nine new networks, with this coming amid slight gains for LayerZero’s token ZRO.

As LayerZero helps PayPal enhance the interoperability and accessibility of PYUSD through Stargate Hydra and the permissionless token, PYUSD0, what does this mean for ZRO?

LayerZero and PayPal partner to expand PYUSD to 9 new chains

LayerZero, a leading interoperability protocol, has partnered with PayPal to expand the reach of PYUSD across multiple blockchain networks.

According to LayerZero’s blog post, this collaboration leverages LayerZero’s infrastructure to support real-world payments by combining it with PYUSD’s liquidity.

The stablecoin initially launched on Ethereum and later expanded to Solana and Arbitrum.

However, this expansion means it’s now available on nine more blockchain networks, including Tron, Avalanche, Aptos, Ink, Sei, and Stable.

This expansion is facilitated through Stargate Hydra, a bridging platform that utilises LayerZero’s Omnichain Fungible Token (OFT) standard, ensuring a permissionless and compliant token deployment from the outset.

PayPal is making the expansion through PYUSD0.

“As the stablecoin market continues its rapid growth beyond $270 billion, innovations like this are essential for creating the seamless, interoperable financial infrastructure that users and developers demand. By working together, we will enable PYUSD to reach new markets faster while maintaining compliance and composability from day one,” said David Weber, head of ecosystem at PayPal USD.

ZRO price outlook amid notable LayerZero integrations

The integration of LayerZero’s technology with major players like PayPal could help spark further interest in ZRO.

Already, recent developments, including the launch of Stargate Fast Swaps, have highlighted LayerZero’s ambition to dominate the cross-chain swap market.

The Fast Swaps feature, which offers sub-second quotes, guaranteed pricing, and single-second execution, is built in partnership with Aori and powered by LayerZero’s messaging capabilities.

LayerZero’s revenue generated from Fast Swaps will be channelled into ZRO buybacks, potentially impacting the token’s market dynamics.

As LayerZero continues to integrate with high-profile projects, the ZRO token’s value may benefit from increased utility and demand.

The token rose to nearly $2.10 following the news of PayPal USD integration, and although bulls have failed to hold onto the gains, the price remains nicely poised for an uptick.

Bulls could target $3.20 next before an extended rally brings $7.14 into play.

On the other hand, key levels to watch may include the March 2025 lows of $1.50.

The post ZRO price outlook as PayPal expands PYUSD to more chains via LayerZero appeared first on CoinJournal.

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Bitcoin price forecast: BTC eyes $120k despite slight resistance

Key takeaways

  • BTC is down by less than 1% in the last 24 hours and trading around $117k.
  • The coin could target the $120k psychological level next, following a recent bullish momentum

Fed rate cut pushes BTC above $117k as bullish trend resumes

The cryptocurrency market performed excellently this week, with Bitcoin bouncing back from its Monday low of $114k to trade above $117k. The positive performance was due to macroeconomic factors, especially the Fed rate cut on Wednesday.

The rate cut allowed Bitcoin to hit the $117k level, with bulls now targeting another high around $120k in the near term. Analysts believe that the rate cut will push liquidity into the crypto market.

In an email with Coinjournal, Sergei Gorev, Head of Risk at YouHodler, stated that the Fed’s rate cut is quite an important factor for the market. 

“This is a positive development for the financial and crypto markets. Cheaper money pushes the quotes higher and higher. As long as liquidity prevails in the markets, the cryptocurrency market will feel quite confident. We will soon see new historical quotes for BTC, which will also support other coins. In addition, the approval of all new altcoin ETFs will also boost inflows into some cryptocurrencies soon.”

Bitcoin bulls target $120,000

The BTC/USD 4-hour chart is bullish and efficient after Bitcoin’s price surged past its 50-day Exponential Moving Average (EMA) on September 10. It found support around the $116k level earlier this week before rallying past the $117k on Wednesday. 

BTC has been consolidating around $117k over the past 24 hours, but could be set to rally higher in the near term. The RSI of 57 shows that the bulls are still in control, with the Moving Average Convergence (MACD) indicator on the same chart displaying a bullish crossover since September 6th. 

BTC/USD 4H Chart

If the bullish trend continues, BTC could extend its current rally towards the psychological level of $120,000. An extended bullish run would allow it to hit the $125k mark and set a new all-time high in the process. 

However, if the market corrects and closes below the $116k support level, BTC could face selling pressure and extend its decline towards the next major support and TLQ zone at $113,924.

The post Bitcoin price forecast: BTC eyes $120k despite slight resistance appeared first on CoinJournal.

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Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally

  • Bitcoin reclaims $117K as the Fed’s long-awaited rate cut revives trader optimism and risk appetite.
  • Ethereum, Solana, XRP, and Dogecoin post strong price action, fueling hopes of further breakouts.
  • September’s $4.5B token unlocks cast volatility across altcoins, shifting capital flows in the sector.

The crypto market put on an energetic display this Friday, shaking off recent bouts of uncertainty with a strong overnight rally powered by fresh optimism.

Major tokens, led by Bitcoin surged after the US Federal Reserve delivered a long-awaited rate cut, sparking renewed risk appetite among traders.

The mood was lively as Bitcoin reclaimed key levels and Ethereum, Solana, XRP, and Dogecoin each posted dynamic price swings.

This rebound arrives amid swirling sentiment, as traders balance bullish momentum against lingering macroeconomic headwinds.

Blue-chip movers: BTC, ETH, SOL, XRP, DOGE

At the top of the board, Bitcoin (BTC) hovered above $117,000 in Friday trading, enjoying a lift after the Fed’s quarter-point rate cut put risk assets back in focus.

Bitcoin’s performance set the tone, showing about a 1% daily gain and signaling renewed comfort for bulls who had watched levels slip to near $115,000 earlier in the week.

Ethereum followed suit, trading at roughly $4,600 and holding above psychological support as technical analysts flagged signs of short-term resistance, but mostly positive undercurrents.

Solana (SOL) charged ahead to around $247, buoyed by talk of a potential breakout if its historic $250 resistance falls as traders are watching that level closely for momentum.

Meanwhile, XRP remained pressed just above $3.10; analysts noted a robust daily RSI and possible breakout if it clears this threshold, eyeing targets above $3.20 if upside volume persists.

Dogecoin (DOGE) slipped slightly, last seen around $0.28 after an initial morning pop; the meme coin is consolidating with active speculation about another upswing if key technical support holds.

Altogether, the major cryptos painted an optimistic but cautious technical picture as the day unfolded.

Markets brace for September’s endgame

Beyond the price action, several big stories have traders sitting up straight.

The Fed’s long-discussed interest rate cut was far and away the top catalyst, delivering a tailwind to the entire risk-asset space and providing a confidence boost at a time when global markets are searching for stability.

Industry insiders also watched closely as September’s scheduled token unlocks, totalling over $4.5B began to cast their shadow mid-month, stoking some sector-specific volatility and shifting flows among altcoins.

Regulatory winds were swirling as the SEC and CFTC neared new clarity on digital assets, sparking hope among institutions for more definitive rules of the road, adding another undercurrent of optimism for long-term industry maturation.

This blend of macro and sector developments means the stage is set for potentially explosive moves as Q4 approaches.

The upshot for traders and industry-watchers is clear: September’s endgame is shaping up as a moment of high drama.

With macro drivers, critical token dynamics, and regulatory headlines all hitting at once, the coming days could offer firm direction, whether that brings further upside or a new round of volatility remains the question hanging in the air.

The post Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally appeared first on CoinJournal.

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NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

  • NEAR jumps 11% to $2.98 as Nvidia’s $5B Intel stake sparks AI crypto rally.
  • AI tokens surge with NEAR, TAO, Render and The Graph gaining on chip deal optimism.
  • NEAR eyes $3.6–$4 breakout as AI adoption and bullish charts fuel momentum.

NEAR Protocol price jumped more than 11% in 24 hours to hit $2.98 amid a broader rally in AI-linked cryptocurrencies.

The AI token’s uptick aligned with momentum that stemmed from Nvidia’s strategic $5 billion investment in Intel, with Bittensor, Render and The Graph among the top crypto AI gainers.

Tokens like Aster jumped 500% on Thursday.

NEAR price retests $2.98 as Nvidia news boosts AI tokens

NEAR Protocol’s token experienced a sharp uptick, retesting the $2.98 resistance level with an 11% pump.

This came after the cryptocurrency traded to lows of $2.70 earlier in the week, and the surge aligns with the overall crypto bounce and Nvidia’s announcement of a $5 billion equity stake in Intel.

This deal, which includes collaborative development of AI-optimized PC and data center chips.

It’s a move that points to Nvidia’s push to fortify US semiconductor capabilities amid global supply chain tensions.

The investment arrives at a pivotal moment for Intel, following a $9 billion US government stake via the CHIPS Act and a $2 billion infusion from SoftBank, bolstering Intel’s balance sheet and foundry ambitions without immediate reliance on Nvidia’s manufacturing needs.

AI tokens surge

For the AI crypto ecosystem, this move amplifies optimism as the partnership signals the AI chipmaker’s potential to “innovate for customers” as it grows its business.

NEAR, designed as an AI-native blockchain with sharding technology enabling up to 100,000 transactions per second, stands to benefit if momentum catalyzes price gains.

The protocol’s Nightshade consensus and tools like Near Tasks for AI agents resonate with Nvidia’s ecosystem, and key integrations may see the altcoin explode further.

Today’s Nvidia-fueled pump has similarly lifted the AI token sector: TAO climbed 7.7%,RENDER 8%, and The Graph (GRT) 5.9%, per CoinMarketCap data.

Broader market tailwinds, including Bitcoin’s recovery to above $117,600, have added an uplift to the upswing.

NEAR’s market cap moved back above $3.7 billion to rank 34th among top cryptocurrencies.

What’s next for NEAR price?

NEAR’s trajectory hinges on sustained AI momentum and technical breakouts targeting $3.6.

Both the RSI and MACD on the daily chart support upside continuation.

A look at the chart also shows a potential triangle pattern breakout.

NEAR price chart by TradingView

While downturn risks include macroeconomic headwinds, such as potential US regulatory scrutiny on AI chips or broader crypto volatility, NEAR has the potential to see levels above $4 in coming weeks.

The project’s protocol upgrades and global AI adoption trends could allow bulls to target highs of $8.

On the flip side, primary support could be around $2.62.

The post NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet appeared first on CoinJournal.

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Aster token pumps more than 500% post-TGE launch

  • ASTER token soars 550% to $0.52 post-TGE.
  • Total value locked catapulted to $1 billion, doubling pre-launch figures.
  • Aster’s debut bolsters BNB Chain’s ecosystem, boosting the BNB price.

The Aster ($ASTER) token’s debut saw it hit $0.58, rocketing by more than 500% within hours.

Aster then slightly pared the gains as traders looked for profits post-TGE and airdrop distribution for the YZi Labs-backed protocol.

Altcoins such as Lagrange, EigenLayer and BNB have outshone the broader market.

Launching at an initial price of approximately $0.08, the token swiftly ascended to a peak of $0.52.

It is a move that encompassed a staggering 550% gain in its first trading session and saw ASTER’s market capitalization rally past the $800 million threshold.

On debut, Aster rose to rank among the top 150 cryptocurrencies by market cap.

As the token’s price pumped, daily volume rose to over $420 million in the initial 24 hours, up 1800%.

While the 500% climb validates Aster’s utility in perpetual trading, bulls have to be aware of a potential sharp pullback if price overextends into the overbought territory.

Aster TVL jumps to $1 billion

Aster’s total value locked has exceeded expectations, surging to over $1 billion within days of the TGE in a milestone that represents a more than twofold increase from pre-launch figures of around $400 million, attracting over 330,000 new wallets and solidifying Aster’s position as the second-largest perpetual DEX globally.

The influx highlights the platform’s multi-chain prowess, spanning BNB Chain, Ethereum, Solana, and Arbitrum, where users leverage unique collateral options like liquid-staking as BNB and yield-bearing USDF stablecoins.

Privacy-focused innovations, such as zk-proofs have drawn sophisticated traders seeking capital efficiency without custodial risks whereas Aster’s integration with PancakeSwap has boosted ecosystem liquidity, contributing to a 15% uptick in BNB’s price over the past week.

Market observers note that this $1 billion TVL not only enhances on-chain stability but also positions Aster to capture a slice of the $16 billion Hyperliquid pie, potentially driving annual revenues toward $500 million through fee structures that reward $ASTER holders.

A significant first step for $ASTER on BNB Chain

For $ASTER, this TGE marks a transformative debut on BNB Chain, laying the groundwork for broader DeFi adoption.

As a high-performance Layer-1 with privacy at its core, Aster Chain empowers seamless perpetuals and spot trading, democratizing access for both novice and pro users via intuitive Simple and Pro modes.

The platform’s non-custodial ethos, coupled with governance via $ASTER enables fee discounts and protocol upgrades.

Implementation of this feature aligns with the community-first principles that propelled BNB Chain’s growth to over $16 billion in TVL.

This milestone extends beyond numbers as it validates BNB Chain’s edge in low-fee, high-throughput environments, especially as altcoin rotations favor derivatives amid Bitcoin’s stabilization above $117k.

The post Aster token pumps more than 500% post-TGE launch appeared first on CoinJournal.