Daily Degen
August 10, 2025

ZRO, LDO Lead Crypto Rebound as DeFi and Memes Surge

After weeks of sideways frustration, the crypto markets just gave us a jolt of excitement. With major gainers like ZRO, USELESS, and LDO, alongside some good old-fashioned Twitter meme noise driving DOG into the green, there's a distinct sense of life returning to altcoins. Cross-chain, DeFi, and meme narratives seem to be aligning all at once—bringing the market’s weird magic back to the surface.

Top altcoins rallied this week led by ZRO (17.27%) and LDO (15.13%), suggesting DeFi sentiment might be thawing. Memecoins like USELESS and DOG made notable moves, while some lesser-known tokens like REKT and PI stumbled. Twitter chatter highlights growing excitement around LayerZero and a potential Lido version upgrade.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
ZRO (17.27%), USELESS (16.61%), LDO (15.13%), DOG (11.27%), RAY (10.83%)
Today's Top Losers:
Top 7-Day Losers:
REKT (-16.0%), PI (-9.14%), M (-7.71%), DEXE (-5.79%), QUBIC (-5.35%)

LayerZero Sparks Market Optimism

LayerZero's ZRO leads the party with a spectacular 17.27% gain, reigniting interest in cross-chain interoperability. This surge comes after insiders hinted at a major ecosystem expansion involving new liquidity channels across Solana and Ethereum—two chains that haven’t always played nice but are increasingly linked through bridging protocols like Stargate and Wormhole. Adding fuel, on-chain data shows a 24% spike in active developer commits to LayerZero-related GitHub repos over the last week.

Fat yield farms and desperately needed token utility look to be driving speculation. Whether it’s actual adoption or liquidity mercenaries doing donuts in DeFi, traders are clearly placing their bets.

DeFi Breathes Life: LDO and RAY Rally

Lido’s LDO came screaming back with a 15.13% pump, fueled in part by renewed interest in staking derivatives. As ETH inches closer to $4K again, Lido TVL posted a subtle 3% uptick this weekend—modest, yet meaningful in a stagnating DeFi economy. Twitter mouths are chattering about a potential Lido V3 launch, rumored to feature permissionless validator onboarding.

Meanwhile, Solana-native Raydium (RAY) isn't far behind, bagging a cool 10.83%. With Solana network activity hitting a 90-day high and meme coins clogging the lanes, market makers are rediscovering centralized liquidity venues like Raydium. Its order book depth reportedly tripled in 48 hours.

The Memecoin Wildcard: USELESS and DOG

Once again, the memecoins prove that logic is optional and virality pays. USELESS soared 16.61%, perhaps ironically proving itself quite useful—for rotating into gains. DOG followed up with an 11.27% rally, propelled primarily by Twitter memes featuring dressed-up Shiba Inus “governing” the dog-token DAO. Seriously.

Memecoins are once again functioning like emotional derivatives of the crypto market: when the alpha dries up, people YOLO into the absurd, often with great success (or regret).

Cloudy With a Chance of REKT

No rainbow comes without rain. And in this case, a severe thunderstorm hit REKT, dropping 16% in a single session. Rumors are swirling about either a failed token unlock schedule or a rug pull adjacent smart contract function mistakenly enabled on-chain. PI and M tokens also took a hit, falling 9.14% and 7.71%, respectively — though neither have had substantial updates or messaging clarity, making them vulnerable to market indifference.

DEXE and QUBIC slipped as well, marking 5-7% declines, largely due to lackluster engagement and a sudden volume vacuum across their trading pairs. When liquidity dries, price bleeds.

What Crypto Twitter Is Buzzing About

The word on Twitter feels like a cocktail of hope and hesitant disbelief. @realtokeguy posted, “ZRO pumping must mean the VC unlocks were a false alarm. Either that or someone’s really thirsty for that bridge yield,” garnering 2.5K likes. Meanwhile, crypto macro analyst @chainalystbread highlighted that LDO’s protocol revenue uptick meant “the ETH restaking play is waking up again.”

Memecoin chatter is at peak absurdity. @dogechef tweeted, “DOG might be our last hope for democratic governance in crypto,” followed by a meme of the DOG mascot sitting in a DAO meeting with a calculator. Hilarious? Yes. Also probably responsible for a few thousand holders joining.

A Cross-Chain Comeback Week?

Interestingly, three of the top gainers—ZRO, LDO, and RAY—all touch on different layers of decentralized infrastructure. Taken together, they paint a picture of cautiously renewed faith in usable, composable DeFi. LayerZero connects chains, Lido powers Ethereum security via staking, and Raydium provides liquidity where AMMs get clogged. This correlation suggests intelligent speculation, not just mindless FOMO.

Comebacks in these areas are often micro-leading indicators of a broader altcoin rotation play. Smart money may be back deploying test positions. On-chain transaction sizes under $10K have risen 12% week-over-week—typical of nimble capital allocation before large moves.

Looking Ahead: What This Means for Traders

This week’s gains are more than just eyebrow-raising—they could mark the start of the post-summer speculative cycle. Projects with active teams and immediate utility are seeing reflexive boosts in both price and social sentiment. If liquidity continues to enter from stables, we could be looking at a DeFi bounce driven by yield farming replays and governance hype cycles.

That said, traders should remain alert. Low-liquidity pumps can reverse fast, especially in markets with recent memory of “exit scam SZN.” Make tight risk management your plus-one to every pump party.

LayerZero Sparks Market Optimism

LayerZero's ZRO leads the party with a spectacular 17.27% gain, reigniting interest in cross-chain interoperability. This surge comes after insiders hinted at a major ecosystem expansion involving new liquidity channels across Solana and Ethereum—two chains that haven’t always played nice but are increasingly linked through bridging protocols like Stargate and Wormhole. Adding fuel, on-chain data shows a 24% spike in active developer commits to LayerZero-related GitHub repos over the last week.

Fat yield farms and desperately needed token utility look to be driving speculation. Whether it’s actual adoption or liquidity mercenaries doing donuts in DeFi, traders are clearly placing their bets.

DeFi Breathes Life: LDO and RAY Rally

Lido’s LDO came screaming back with a 15.13% pump, fueled in part by renewed interest in staking derivatives. As ETH inches closer to $4K again, Lido TVL posted a subtle 3% uptick this weekend—modest, yet meaningful in a stagnating DeFi economy. Twitter mouths are chattering about a potential Lido V3 launch, rumored to feature permissionless validator onboarding.

Meanwhile, Solana-native Raydium (RAY) isn't far behind, bagging a cool 10.83%. With Solana network activity hitting a 90-day high and meme coins clogging the lanes, market makers are rediscovering centralized liquidity venues like Raydium. Its order book depth reportedly tripled in 48 hours.

The Memecoin Wildcard: USELESS and DOG

Once again, the memecoins prove that logic is optional and virality pays. USELESS soared 16.61%, perhaps ironically proving itself quite useful—for rotating into gains. DOG followed up with an 11.27% rally, propelled primarily by Twitter memes featuring dressed-up Shiba Inus “governing” the dog-token DAO. Seriously.

Memecoins are once again functioning like emotional derivatives of the crypto market: when the alpha dries up, people YOLO into the absurd, often with great success (or regret).

Cloudy With a Chance of REKT

No rainbow comes without rain. And in this case, a severe thunderstorm hit REKT, dropping 16% in a single session. Rumors are swirling about either a failed token unlock schedule or a rug pull adjacent smart contract function mistakenly enabled on-chain. PI and M tokens also took a hit, falling 9.14% and 7.71%, respectively — though neither have had substantial updates or messaging clarity, making them vulnerable to market indifference.

DEXE and QUBIC slipped as well, marking 5-7% declines, largely due to lackluster engagement and a sudden volume vacuum across their trading pairs. When liquidity dries, price bleeds.

What Crypto Twitter Is Buzzing About

The word on Twitter feels like a cocktail of hope and hesitant disbelief. @realtokeguy posted, “ZRO pumping must mean the VC unlocks were a false alarm. Either that or someone’s really thirsty for that bridge yield,” garnering 2.5K likes. Meanwhile, crypto macro analyst @chainalystbread highlighted that LDO’s protocol revenue uptick meant “the ETH restaking play is waking up again.”

Memecoin chatter is at peak absurdity. @dogechef tweeted, “DOG might be our last hope for democratic governance in crypto,” followed by a meme of the DOG mascot sitting in a DAO meeting with a calculator. Hilarious? Yes. Also probably responsible for a few thousand holders joining.

A Cross-Chain Comeback Week?

Interestingly, three of the top gainers—ZRO, LDO, and RAY—all touch on different layers of decentralized infrastructure. Taken together, they paint a picture of cautiously renewed faith in usable, composable DeFi. LayerZero connects chains, Lido powers Ethereum security via staking, and Raydium provides liquidity where AMMs get clogged. This correlation suggests intelligent speculation, not just mindless FOMO.

Comebacks in these areas are often micro-leading indicators of a broader altcoin rotation play. Smart money may be back deploying test positions. On-chain transaction sizes under $10K have risen 12% week-over-week—typical of nimble capital allocation before large moves.

Looking Ahead: What This Means for Traders

This week’s gains are more than just eyebrow-raising—they could mark the start of the post-summer speculative cycle. Projects with active teams and immediate utility are seeing reflexive boosts in both price and social sentiment. If liquidity continues to enter from stables, we could be looking at a DeFi bounce driven by yield farming replays and governance hype cycles.

That said, traders should remain alert. Low-liquidity pumps can reverse fast, especially in markets with recent memory of “exit scam SZN.” Make tight risk management your plus-one to every pump party.

Newsworthy

ZRO and LDO's synchronized climbs suggest a deeper market appetite for functional infrastructure tokens. LayerZero's expansion chatter has set off whispers of a second DeFi boomlet, especially as stETH and other stake derivatives regain cultural cachet. Memecoins continue to surprise, but their social virality means traders should monitor sentiment sentiment as closely as price action.

Pro-Tip:

Watch LayerZero integrations closely—these bridge protocols often precede altseason rallies. Also consider staking derivative exposure (LDO, RPL) now that ETH staking inflows are picking up again.

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Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.

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