User Activity in this Altcoin Increased by Over 400 Percent Suddenly, Here’s Why
Daily user activity on a well-known altcoin suddenly increased by over 400 percent.
LayerZero (ZRO), a cross-chain communication protocol, is experiencing a dramatic resurgence in activity following the announcement of its second airdrop.
On Saturday, the number of daily messages on the platform rose to 98,000, a 433% increase from the previous low of 18,400. The spike came after a period of stagnation when message volume hovered around 20,000 per day.
The increase in activity appears to be directly linked to the recent airdrop announcement, which introduced new eligibility criteria designed to encourage continued engagement with the protocol. Unlike the first airdrop, wallets that had previously claimed ZRO tokens but did not show further engagement were excluded from this round in a move aimed at filtering out “airdrop farmers” and rewarding more active participants.
This strategy serves multiple purposes. By encouraging continued engagement with the protocol, LayerZero fosters a more engaged and committed user base that can support long-term ecosystem growth. The 30-day claim window for the second airdrop is expected to keep activity levels high as users attempt to meet eligibility requirements for future token distributions.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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