$LAYER 📊 Binance Market Update | 23-01-2026

The market stayed volatile today with selective buying seen in a few strong narratives while most coins faced selling pressure.

🚀 Top Gainers Today

LayerZero (ZRO) – Strong buying momentum, leading today’s chart

• Stargate Finance (STG) – Cross-chain narrative gaining traction

• Flow (FLOW) – Consistent recovery with good volume

Axie Infinity (AXS) – GameFi showing signs of revival

📉 Top Losers Today

• Merlin Chain (MERL) – Heavy sell-off, weak short-term structure

Frax (FRAX) – Pressure continues due to market uncertainty

• Concordium (CCD) – Lack of volume and momentum

• Union / DUSK / ROSE – Continued downside trend

🔍 Which Coin Can Sustain Long Term? Among today’s movers, LayerZero (ZRO) looks the strongest for long-term sustainability due to: ✔ Real utility in cross-chain communication

✔ Strong ecosystem adoption

✔ Healthy volume and bullish structure

FLOW and AXS can also sustain if the market stabilizes, as both have established ecosystems and active communities.

⚠ Reminder Short-term pumps can reverse quickly. Always focus on fundamentals + volume + narrative, not just price.

📌 This is not financial advice. Do your own research.

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