LayerZero's ZRO stalls at $2.29 ahead of 23.63M token unlock on Oct. 20
- —ZRO pulled back from a $2.483 high to $2.29, up 8.27% on the day
- —23.63 million ZRO, or 5.92% of circulating supply, unlocks on Oct. 20
- —Nearest resistance is $2.344; next support sits at $2.148
- —Anchorage Digital picked LayerZero for stablecoin interoperability
Why it matters: The $54 million unlock could add selling pressure unless ZRO holds above $2.344.
Source: crypto.news