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LayerZero’s ZRO Faces Test as $43 Million Token Unlock Hits Today

Soaring volumes with higher open interest signal investors bracing for volatility.

Overview

  • The scheduled release totals 25.71 million ZRO worth about $43–44 million, roughly 7.9% of the circulating supply, according to Tokenomist.
  • ZRO traded near $1.71 at publication time, down about 11% over the past week and 13% over the past month.
  • CoinGlass data show 24‑hour spot volume up 174% to $51.17 million, derivatives volume up 180% to $81.25 million, and open interest up 14.5% to $53.29 million.
  • Technical readings indicate weak short‑term momentum with support near $1.60 and resistance around $1.95–$2.05, with a potential path to about $1.45 if support fails.
  • Only about 33% of total supply has been released to date, though recent integrations and Stargate V2’s fee‑funded buybacks are cited as factors that could help absorb selling.