Why LayerZero (ZRO) and Axie Infinity (AXS) Are Surging Despite a Flat Crypto Market

• LayerZero surged on the February event hype despite Bitcoin staying below $90,000.
• Large ZRO token unlock was absorbed, showing strong demand from traders and institutions.
• Axie Infinity jumped after reward changes, reduced bots, and short-term selling pressure.

Two altcoins are standing out in an otherwise quiet crypto market: LayerZero and Axie Infinity. While Bitcoin remains below the $90,000 mark, both tokens posted sharp gains, driven by very different but equally powerful catalysts.

LayerZero Jumps on Event Hype and Strong Demand

LayerZero’s ZRO token climbed more than 20% in the last 24 hours, trading near $2.32. The move extends a strong run, with ZRO up over 42% in seven days and more than 80% in the past month.

The rally is largely driven by anticipation around a LayerZero ecosystem event scheduled for February 10, 2026. Derivatives activity also …

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