Here’s why ZORA crypto rallied over 40% today
ZORA rallied as high as 44% on May 26 following buzz around a new token launched by ex-Coinbase CTO Balaji Srinivasan.
ZORA (ZORA) climbed to an intraday high of $0.0135 on May 26, lifting its market cap beyond $38 million, as trading volume surged 256% to top $48 million in 24 hours.
Momentum picked up after several users on X reported that Srinivasan had deployed a new token titled “The Network State”, named after his 2022 book, on the Zora platform. The token went live on May 26, 2025, and quickly stirred up buzz in the community.
For those unfamiliar, Zora lets users mint content from decentralized social apps like Farcaster into ERC-20 tokens. That includes text posts, images, videos, or audio, basically…
