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ZORA surged 360%, and I saw the resurrection of the Web3 "flywheel effect"

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Sometimes, the market's rhythm is truly a spiral ascent. A few days ago, while reviewing the ZORA market trend, I suddenly recalled my feelings when first researching the Virtual flywheel in October 2024 - that "narrative ignition + use case landing + token price resonance" chemical reaction has returned.

This ZORA wave is truly not pure speculation. Behind the 360% surge is a multi-dimensional resonance of on-chain activity, creator enthusiasm, application scenarios, and even contract support, completely different from the airdrop expectation speculation we're familiar with. Let me quickly explain the core logic of this ZORA outbreak.

A "Narrative Reconstruction" Driven by Platform Integration and Exchange Promotion

ZORA actually issued tokens back in April, and at that time, after the airdrop, everyone's interest was lukewarm, and the token price was neither hot nor cold. What truly brought it back from the margins to the main line were two major events in July:

  • ZORA Integration with Base App: This new Coinbase wallet integrated Farcaster + Zora infrastructure, directly connecting the entire process of content creation, tokenization, and payment recommendation. Web3 native content creators can now upload and monetize with one click, truly making ZORA a "usable flywheel".
  • Binance Futures Launches ZORAUSDT Contract: On July 25, Binance opened a 50x leverage contract for ZORA, directly bringing it into mainstream traders' view, with trading volume and liquidity explosively increasing, surging 360% in just a few days, reaching a high of $0.099.

This surge has both the mid-term logic of "platform utility improvement" and the short-term highlight of "high-leverage contract launch", with a very solid speculative foundation.

Data Speaks: Not Just Slogans, But Real On-Chain Activity

If we only look at the price, it's not enough. The on-chain active data better explains that ZORA's rise is not hollow:

  • Platform Activity: On July 27, ZORA's minting volume broke through 54,000, with independent creators reaching 22,567, a historical high.
  • Social Heat: LunarCrush data shows that in the past week, ZORA's social mentions increased by 189.6%, with participation increasing by 76.2%, becoming a regular on CoinGecko's hot list.
  • Whale Entry: Onchain Lens mentioned a whale holding a three-times long position in ZORA, with unrealized gains exceeding $2.2 million.

The market cap has risen from $35 million to nearly $300 million, a 9-fold growth space, which is not just retail investor sentiment, but a true application layer expansion.

Why This Wave Seems So Similar to Virtual?

Virtual took off through "content minting + incentivized sharing", and ZORA is now doing this path more natively and extremely.

  • It's not just attracting users through airdrops, but through Base App achieving a one-stop closed loop of "creation - minting - recommendation - monetization";
  • ZORA token is not just a governance token, but a key medium for internal ecosystem payments, content minting, and recommendation commissions;
  • And the contract launch is like adding fuel to the fire, igniting the price, but the fire was already burning underneath.

So this is not a 360% rise from speculation, but a result driven by synchronized on-chain ecosystem, creator economy, and user demand.

Summary: This is Not ZORA's Endpoint, It Might Just Be Beginning

ZORA's surge is just a beginning. As Base App's user base expands and the creator economy enters a positive cycle, its flywheel effect is just starting to spin.

For me, it's both a validation of the "content as asset" logic and a signal of Web3 narrative revival.

Stop viewing #ZORA with "late token issuance, few airdrops". It's now one of the few projects with platform activity, on-chain traffic, trading depth, and narrative imagination. The next similar flywheel might take a long time to appear.

That's the article! If you're lost in the crypto world, consider joining my community to layout and harvest from market makers! You can join the community via WeChat+QQ group for market analysis, altcoin operations... WeChat: c13298103401 or QQ: 3806326575

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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