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LayerZero (ZRO) token falls 7% after October unlock
On October 27, 2026 the ZRO token dropped 7.14%, the steepest decline among the top 100 cryptocurrencies. The price traded between $1.60 and $1.66 with a 24‑hour volume of about $71 million and a seven‑day decline of 13.41%. The October 20 unlock released roughly 23.63 million ZRO, about 5.9% of circulating supply, to core contributors and strategic partners, with another unlock scheduled for November 20. No clear exchange inflows from the unlocked wallets have been observed, leading traders to price in future supply overhang.