The native token of the Zora Protocol, ZORA, recently surged to an all-time high, marking a significant recovery from a prolonged slump. This impressive rally is the result of a combination of strategic developments, most notably its integration with the new Base App and the listing of a futures contract on Binance.
Launched in late April with an airdrop of 10% of its 10 billion total supply to early users, ZORA initially saw a wave of excitement and major exchange listings. However, this momentum was short-lived. As initial user interest waned, the token's price experienced a steady decline.
The tide began to turn in mid-July with a crucial integration. On July 17, Coinbase launched the Base App, a rebranded version of its wallet built on the Farcaster and Zora infrastructure. This new app allows users to tokenize and trade content, giving the ZORA token a vital role in minting new content, paying referral fees, and participating in ecosystem incentives. This renewed utility was the catalyst that ignited the token's recent rally.
Further boosting the token's value was the announcement on July 25 that Binance Futures had listed the ZORAUSDT Perpetual Contract with 50x leverage. This move significantly increased the token's accessibility and trading volume.
The combined effect of increased utility through the Base App integration and heightened accessibility via the Binance Futures listing propelled the ZORA token's value up by a staggering 360% in just one week, culminating in a new all-time high. This surge demonstrates the powerful impact that strategic partnerships and exchange support can have on a cryptocurrency's market performance.
July 2025, Cryptoniteuae