Coin Edition
2025-06-20 03:55:48

LayerZero (ZRO) Price Tests Critical Support as $47 Million Token Unlock Begins Today

LayerZero is set to unlock nearly 25 million ZRO tokens, worth ~$47M, today, June 20 The token’s price is already in a short-term downtrend, testing critical support levels This combination of a supply increase and bearish technicals creates a high-risk outlook The LayerZero (ZRO) token is heading into a period of significant pressure as a major supply unlock, set for today, June 20, coincides with an already bearish technical setup on its price chart. This combination of imminent inflationary pressure and weak market momentum has created a high-stakes environment for the interoperability protocol’s native asset. The event will see nearly 24.7 million ZRO tokens, valued at approximately $47 million, enter the market. This represents a substantial increase to the currently circulating supply and is the first of a series of monthly unlocks scheduled to continue through May 2027. LayerZero will unlock 23.13% of its circulating supply tomorrow. A total of 25.7 million ZRO, valued at $46.92 million, will enter circulation. This unlock will occur monthly through May 2027. pic.twitter.com/R8l2ecviW0 — Messari (@MessariCrypto) June 19, 2025 A $47 Million Supply… The post LayerZero (ZRO) Price Tests Critical Support as $47 Million Token Unlock Begins Today appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.