Ox Protocol OG DeFi Protocol Erupts: A 200% ZRX Crypto Rally Incoming?

Ben Graham · Setembro 1

In 2025, DeFi innovations, including those by the 0x Protocol, coupled with institutional inflows, have driven crypto prices. Currently, attention is on ZRX crypto, not due to its solutions, but because ZRX price is firm and trading above key liquidation levels. As it is, the recent uptick could set the stage for major gains in the coming weeks, spotlighting an otherwise quiet protocol.

According to the latest data from Coingecko, ZRX crypto is among the top gainers in the last 24 hours. ZRX USD is up roughly +6% today, pushing weekly gains to +10%. At this pace, ZRX USDT has not only reversed losses from the past 12 months but also gained nearly +20% in the past month.

With ZRX crypto showing resilience and rejecting lower lows, recent price action has traders buzzing, eager to gain exposure. Coinglass data reveals that open interest has surged +90% to over $22M in the last 24 hours, accompanied by a 13x increase in trading volume.

(Source: Volume, Coinglass)

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Why is Ox Protocol Rallying? What’s Going On?

Looking at developments around the ZRX USD, it is clear that ZRX price is outpacing what’s clearly the largest stable crypto market, marked by some of the best cryptos to buy, like ENA and ADA, moving inside tight, narrow ranges.

The rally isn’t purely technical; ZRX ▲1.65% is driven by fundamental developments that will prop up bulls from now on. The recent rollout of the Swap API tool enables seamless token trading across multiple chains.

0x

Price

Market Cap

ZRX

$221.64M

24h7d30d1yAll time

Integration with Zora on Base, an Ethereum layer-2, drives activity to 0x Protocol, boosting ZRX prices. As more users leverage the Swap API, ZRX’s utility grows, creating a positive feedback loop.

Since integrating the Swap API, Zora has processed over 352,000 token swaps worth nearly $60M in trading volume as of late August 2025. This surge is due to 0x Protocol’s unique features, including multi-hop routing and real-time indexing technology, which enhance user experience and enable Zora content creators to earn more.

The @zora flywheel in action

Swap API has already facilitated over $59M in Zora coin swaps across 352k trades, with a high of $27.5M in July.

In total, over 1.8M tokens have been minted on Zora across approximately 200k creators. pic.twitter.com/XE1EZR89Xo

— 0x (@0xProject) August 26, 2025

Rising ZRX price followed a security setback in August, when Coinbase reported a $300,000 loss, attributing it to 0x Protocol’s wrapper contract.

The incident involved MEV bots exploiting excessive allowances for tokens like SWELL and ONDO, raising concerns about 0x Protocol’s security. However, ZRX prices recovered as 0x Protocol developers clarified that the issue stemmed from Coinbase, not their system.

0x smart contracts and APIs remain fully secure—no customer funds were ever at risk.

A recent incident was the result of third-party misconfigured token approvals to a permissionless contract.

Never set allowances on Settler. Always set allowances on Permit2 or…

— 0x (@0xProject) August 15, 2025

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Is ZRX USD Ready For More Gains? Path To $0.55?

On X, confidence in ZRX price is high.

One analyst thinks there is a chance that ZRX USD will soar by over +100% in the coming days, pointing to a possible breakout above a descending channel, clear in the daily chart.

$ZRX
Testing crucial resistance of Descending Triangle on Daily Chart.
Breakout can lead 110-120% upward move during coming days #ZRX pic.twitter.com/9qC0yr9DkF

— Globe Of Crypto (@GlobeOfcrypto1) September 1, 2025

Usually, the uptrend tends to continue whenever prices break out from an established bull flag or descending wedge on the back of rising prices.

As a result, if ZRX USD prices close above the current consolidation and the descending wedge, bulls will likely press on, lifting the coin to $0.55 or 2025 highs.

Moreover, a supportive regulatory landscape is net bullish for crypto, including those eyeing the next cryptos to explode like ZRX crypto.

Despite the U.S. CFTC fining three companies behind the Ox Protocol in 2023 for operating an unregistered exchange, the regulatory environment has improved in 2025 under President Donald Trump.

The SEC, led by Chair Paul Atkins, has dismissed several lawsuits from the Biden era and views DeFi as a vital financial innovation.

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