Zora crypto (ZORA) jumped more than 30% in the early hours today after being listed on the popular trading app Robinhood. The Ethereum-based token reached a monthly high of $0.09213 before cooling slightly to around $0.08720.
The surge came just after a long market dip, which brought new excitement to traders who had been waiting for a rebound.
The listing on Robinhood opened Zora to instant access to millions of potential new investors.. According to CoinMarketCap, ZORA’s 24-hour trading volume climbed a massive 704% to $492.28 million, while its live market cap stood at approximately $374.25 million.
Just a day earlier, on October 9, Zora had already gained momentum after first appearing on Robinhood. That early rise pushed the token to a temporary high of $0.074 before stabilizing at $0.06915. Meanwhile, this listing is viewed as a major step for the project, which could help it reach a network of traders and potentially reduce price swings over time.
Moreover, this follows a series of developments for the network. In July, the token was listed on Binance Futures, which expanded its reach to a global trading audience. Around the same period, the platform’s activity began to accelerate, with strong growth on social media and within its creator-focused network.
Built on Ethereum, Zora supports the media and creator economy through its own layer-2 network known as the Zora Network. It uses the OP Stack, the same framework that powers Optimism and Coinbase’s Base chain.
In August, Base even surpassed Solana in daily token launches, supported heavily by Zora’s activity. TradingView data also showed Zora reaching peak performance before stabilizing later in the session.
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