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LayerZero to release 23.63M ZRO tokens Oct 20 amid fee-based buyback plan.

Protocol Fundamentals
06 Oct 2026
Tokenpost
View Source
Neutral
LayerZero to release 23.63M ZRO tokens Oct 20 amid fee-based buyback plan.

LayerZero plans to release 23.63 million ZRO tokens on October 20, allocating 10.63 million to core contributors and 13 million to strategic partners, representing about 5.93% of the circulating supply. The token trades around $2.20, with resistance levels identified up to $2.93. The release coincides with LayerZero's new ATLAS trading system, which uses fees to buy and burn ZRO tokens, supporting token value through a fee rebate and burn mechanism. The impact on price depends on trading activity and how many recipients choose to sell their tokens.

LayerZero's ZRO token trades at Rp38,811 on Pluang as of Oct 07, 2026 00:22 WIB, showing a 4.75% gain in the past day. The market cap stands at Rp15.9 trillion with a 24-hour trading volume of Rp2.58 trillion. Most Pluang users are buying ZRO, with 97% buy orders and a typical holding period of 13 days, indicating strong investor interest ahead of the token release.

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