LayerZero's ZRO token traded near $2.10 after a volatile period, supported by bullish technical indicators like the 14-day SMA and RSI, though the MACD shows mixed momentum. The token faces near-term supply pressure from an estimated 23.63 million ZRO unlocking on October 20 to contributors and partners. Key resistance levels at $2.15 and $2.28 must be cleared for a credible retest of the recent $2.30 high. The outlook is cautiously optimistic, with potential price support from LayerZero's policy to use Stargate revenue for ZRO buybacks, but momentum must improve to sustain gains before the unlock.
LayerZero's ZRO token is trading at Rp39,972 on Pluang as of Oct 16, 2026 17:21 WIB, showing a strong 1-day gain of 16.89%. Despite this rise, selling dominates the platform with 98% of orders being sell orders. The market cap stands at Rp16.03 trillion, highlighting significant investor interest ahead of the upcoming token unlock event.
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LayerZero (ZRO) price fell 14.5% to $2.08 on October 13, 2026, following two days of heavy token deposits totaling 2.56 million ZRO into centralized exchanges. On-chain data revealed that 80.9% of ZRO's transfer volume was wash trading, with most tok...
