10.08.2025 23:13

LayerZero, a prominent player in the cross-chain bridge space, has unveiled an ambitious $110 million proposal to acquire Stargate, a leading cross-chain bridge known for its substantial transaction volume. This acquisition, if successful, will see Stargate's governance transition completely to LayerZero's native ZRO token, effectively dissolving the existing Stargate DAO. The integration aims to streamline operations and accelerate the implementation of Stargate's future development plans.

The proposed acquisition includes a token swap, exchanging STG tokens for ZRO tokens at a rate of 1 STG to 0.08634 ZRO, which equates to approximately $0.1675 per STG at the time of the announcement. This move represents a significant shift in the cross-chain landscape, potentially altering the dynamics of interoperability and token valuations within the broader ecosystem. The market responded positively to the news initially, with the price of STG jumping 12% to $0.188.

However, the proposal isn't without its critics. While the price surge reflects initial market optimism, a seven-day review period on the Stargate DAO forum reveals a mixed community response. Some members have expressed concerns regarding the proposed exchange rate and the overall implications of the acquisition. The outcome of this review process will determine the ultimate fate of the acquisition and its broader impact on the crypto community.

Stargate's impressive track record – boasting over $70 billion in transaction volume just three years after its launch – underscores its importance within the cross-chain infrastructure. This acquisition highlights LayerZero’s strategic ambitions and suggests a consolidation trend within the increasingly competitive cross-chain bridge sector. The success or failure of this significant merger will undoubtedly shape the future landscape of cross-chain technology. Information regarding market capitalization and trading volume was obtained from internet sources.