The post LayerZero (ZRO) Price Jumps 20% as Demand Outpaces Supply Unlocks appeared first on Coinpedia Fintech News
LayerZero’s native token (ZRO) is gaining attention as it surged 20% today, extending the rally over 42% this week. Despite ongoing token unlock concerns, buyers stepped in aggressively and lifted the ZRO price beyond the $2 hurdle. The rally appears to be fueled by a combination of whale accumulation, rising open interest, and a clean breakout.
Now, with momentum shifting back to the upside, traders are watching this move marks a short-term relief rally or the start of a broader trend reversal, with key demand and resistance levels coming into focus.
Token Unlock Pressure Fades as Whales Absorb Supply
The key driver behind the ZRO price rally is the fresh demand from the market. Roughly 32.6 million ZRO, about 3.26% of maximum supply is set to unlock every month through 2026, creating a visible and recurring supply overhang.
Under normal conditions,
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