$ZRO
LayerZero has bought back over $112.7M worth of ZRO since Sep 2025 - one of the largest buyback programs in crypto. But the chart is still making new all-time lows.
This shows very weak organic buying pressure. If buybacks slow down or stop, there is no supporting zone, especially with declining usage from the security issues.
On top of that, there is a ~2.36% unlock on June 20 (~$21.10M or 9.78% of MCap).
In the current situation, the only bullish catalyst remains the Zero L1 launch in late 2026. But that feels distant and uncertain.
Combined with continued project migrations away from @LayerZero_Core , it's hard to stay optimistic here.
