ZRO Token Unlocks Continue Through 2027 as Supply Dilation Persists

ZRO has unlocked another batch of tokens on schedule, but the market's reaction is more telling than the size of the release. Today's unlock added 32.6 million ZRO to circulating supply, equal to 3.26% of the token's total supply. This is not a one-off event, as the same figure has been repeating every month since June 2024 and will continue until May 20, 2027.

The pattern shows that LayerZero's buyback program has been repurchasing a portion of newly unlocked tokens each cycle, softening some of the raw sell pressure. However, this mechanism doesn't fully offset the monthly supply increase, resulting in measurable dips rather than outright collapses.

With 37.5% of ZRO's total supply already in circulation, and 62.5% still locked and scheduled to hit the market over the coming months, near-term price action will continue to face structural headwinds until sometime around May 2027 when the last scheduled tranche finally lands.