ZRO will unlock $37.53 million worth of tokens after one week, with the circulation rate rising to over 30%

LayerZero (ZRO) is about to undergo a major token unlock. According to the latest news, approximately 25.71 million tokens will be unlocked at 11:00 AM Beijing time on January 20, with a current value of about $37.53 million. This is a market event worth paying attention to, especially in the context of widespread token unlocks within the ecosystem.

Unlock Scale and Changes in Circulating Rate

This unlock will significantly alter the circulation pattern of ZRO. Currently, the circulating supply is 248,469,456 tokens, with a circulation rate of 24.85%. After the unlock, the circulating supply will increase to 274,179,456 tokens, and the circulation rate will rise to 27.42%, an increase of approximately 2.57 percentage points.

In absolute numbers, the 25.71 million tokens unlocked is a moderate level within the token economy, but relative to the current circulating supply, it represents nearly a 10% increase, which could have a notable impact on market sentiment.

Market Context and Risk Considerations

Chain Reaction of Ecosystem Unlocks

According to relevant information analysis, the LayerZero ecosystem has recently been experiencing a wave of token unlocks. Taking LIT as an example, its recent price decline is not only due to fundamental profit-taking but also driven by concerns over concentrated unlocks of major projects within the ecosystem. These concerns are spreading across the entire ecosystem, and ZRO, as the core token, is also facing similar market sentiment pressures.

Price and Technical Background

Currently, ZRO’s technical performance is relatively neutral to weak. According to the latest data, ZRO has fallen 4.08% in the past 24 hours, although it has gained 3.06% over the past 7 days. Market sentiment is not optimistic. In this context, a large-scale unlock could intensify short-term selling pressure.

Circulating Rate and Long-term Trends

It is worth noting that ZRO’s total supply is 1 billion tokens, with a current circulation rate of only 24.85%. This means there are still a large number of tokens to be released in the future. The unlock wave could pose a long-term market challenge rather than being a one-time event.

Ecosystem Fundamentals Support

Despite the short-term pressure from the unlock, the LayerZero ecosystem, represented by ZRO, remains steady in development. According to information, over 700 assets are built on LayerZero, and cross-chain transaction volume continues to grow. This indicates that the actual demand for ecosystem applications is still expanding, and the technological value has not changed due to market sentiment fluctuations.

Key Points to Watch Moving Forward

From a personal perspective, ZRO may face the following key points in the coming week:

• Timing: The market may react in advance one or two days before the unlock, leading to selling pressure
• Price Support: Whether the current price of $1.46 can effectively support the price
• Ecosystem Developments: Whether LayerZero has any major positive news to offset the pressure from the unlock
• Liquidity: Whether the unlocked tokens will be sold off in a concentrated manner or released gradually

Summary

This ZRO unlock event reflects a common market phenomenon: ecosystem projects inevitably face token release challenges during growth. The $37.53 million unlock scale is not extreme, but in the current sensitive market environment, it can serve as a short-term pressure source. The key is balancing the ecosystem’s long-term value (over 700 projects, continuously growing cross-chain demand) with short-term circulation pressures. For investors, this is an event to monitor closely but not to panic over excessively.