LayerZero (ZRO)：在代币解锁中应对价格波动

分析 LayerZero 在代币解锁、回购和市场情绪中的 ZRO 价格动态。这是逢低买入的机会还是前方坎坷的旅程？

LayerZero's ZRO token has been on a rollercoaster, influenced by scheduled unlocks and strategic buybacks. Let's dive into what's been moving the market and what to expect.

受预定解锁和战略回购的影响，LayerZero 的 ZRO 代币一直在坐过山车。让我们深入了解市场的推动因素和预期。

ZRO Price and Token Unlocks: A Balancing Act

ZRO 价格和代币解锁：平衡之举

ZRO has been trading with volatility due to scheduled token unlocks. These unlocks, where previously restricted tokens become available, increase the circulating supply and can impact price. Recent data shows LayerZero unlocks 25.71 million tokens on the 20th of each month. This event often creates short-term bearish pressure as recipients decide what to do with their newly acquired tokens. October saw unlocks valued at $44.73M, representing 23.2% of the supply, impacting ZRO’s price, which hovered near a three-month low at $1.77.

由于预定的代币解锁，ZRO 的交易一直存在波动。这些解锁使以前受限制的代币变得可用，增加了流通供应量并可能影响价格。最新数据显示，LayerZero 在每月 20 日解锁 2571 万枚代币。当接收者决定如何处理他们新获得的代币时，这一事件通常会产生短期看跌压力。 10 月份解锁的价值为 4473 万美元，占供应量的 23.2%，影响了 ZRO 的价格，该价格徘徊在 1.77 美元的三个月低点附近。

The Buyback Boost

回购推动

The LayerZero Foundation announced a 50 million ZRO token buyback program (around 5% of total supply), which sent positive signals to the market. This move increased ZRO's price by 12.8%. The buyback shows confidence in the project's future and aims to manage supply, potentially supporting price appreciation.

LayerZero基金会宣布了5000万枚ZRO代币回购计划（约占总供应量的5%），这向市场发出了积极信号。此举使ZRO的价格上涨了12.8%。此次回购表明了对该项目未来的信心，旨在管理供应，可能支持价格升值。

Market Sentiment and Technical Outlook

市场情绪和技术展望

Technically, ZRO shows a mixed but constructive outlook. The price currently sits around $2.29 (as of late September 2025), a critical decision zone. Support levels are established at $1.78, with stronger support at $1.77. Resistance is seen at $2.44, with a stronger challenge at $2.60. The token trades above key moving averages, suggesting a bullish configuration, but faces a test near the 200-day SMA at $2.27.

从技术上讲，ZRO 的前景好坏参半但具有建设性。目前价格约为 2.29 美元（截至 2025 年 9 月下旬），这是一个关键的决策区域。支撑位为 1.78 美元，更强支撑位为 1.77 美元。阻力位为 2.44 美元，更大的挑战为 2.60 美元。该代币交易价格高于关键移动平均线，表明看涨配置，但面临 200 日移动平均线 2.27 美元附近的测试。

Investor Behavior and Future Trajectory

投资者行为和未来轨迹

Previous market activity suggests recipients often sell after unlocks, creating downside pressure. However, activities like staking or reinvesting within the LayerZero ecosystem could minimize this impact. The long-term bullish structure remains intact, with potential breakouts hinted at by a symmetrical triangle pattern on the weekly chart. A reliable support area is around $1.50, with potential climbs to $2.30 if it holds, representing a roughly 25% increase.

此前的市场活动表明，接收者通常会在解锁后出售，从而造成下行压力。然而，LayerZero 生态系统内的质押或再投资等活动可以最大限度地减少这种影响。长期看涨结构保持完好，周线图上的对称三角形图案暗示了潜在的突破。可靠的支撑区域约为 1.50 美元，如果守住，可能会攀升至 2.30 美元，涨幅约为 25%。

Final Thoughts: Buckle Up!

最后的想法：系好安全带！

ZRO's price journey is a blend of token unlock dynamics and strategic interventions. Keep an eye on those unlocks around the 20th of each month, and any news from the LayerZero Foundation. Will ZRO break through resistance and reach new heights, or will it consolidate further? Only time will tell, but either way, it’s sure to be an interesting ride. So, grab your popcorn, and let's see what happens next!

ZRO 的价格历程是代币解锁动态和战略干预的结合。请关注每月 20 日左右的解锁活动，以及来自 LayerZero 基金会的任何新闻。 ZRO会突破阻力并达到新的高度，还是会进一步盘整？只有时间才能证明一切，但无论如何，这肯定是一次有趣的旅程。所以，拿起你的爆米花，让我们看看接下来会发生什么！