LayerZero [ZRO] saw a 29% spike in Open Interest and a 132% increase in daily trading volume in the past 24 hours. The short-term volatility meant that ZRO was down 0.95% over the previous day, but had reached a local peak of $1.308. Since reaching this local high, the altcoin retraced by 12% within 12 hours. At the time of writing, it had ceded control of a notable short-term demand zone.