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$ZRO price has rebounded sharply from the recent low, climbing 20% in 24 hours as the project’s team boosted its holdings by $10 million.
- $ZRO price rebounded from $1.28 to an intraday high of $1.81, now testing key resistance zone at $1.77–$1.82.
- The recent crash to $1.30 was likely partly driven by the recent unlock of ~7.9% of circulating supply on October 20.
- LayerZero Labs’ market buyback of $10 million $ZRO helped trigger the rebound.
LayerZero ($ZRO) price surged 20% in the past 24 hours, rebounding from the new bottom at $1.28 formed after the October 10 flash crash to reach an intraday peak of $1.81 today. $ZRO price is now testing a major short-term barrier at $1.77–$1.82, a level that acted as key support throughout August until the October 10 crash.
The 21 EMA remains below the 50 EMA — still a bearish crossover, meaning the overall trend hasn’t flipped yet. However, since $ZRO price is testing the 50 EMA from below, a breakout and retest above it could trigger a bullish EMA crossover in coming sessions.
Looking ahead, if $ZRO price closes above $1.82 with follow through on the daily timeframe, it would mark the resistance-to-support flip of the $1.77-1.82 zone and open the door to a retest of the next resistance at $2-$2.10 and then potentially $2.60.
$ZRO price surges 20% after LayerZero Labs buys $10M, eyes $2 resistance - 1">
Why did $ZRO price crash then rebound?
Apart from the generally bearish sentiment in the crypto market, $ZRO’s recent crash to the $1.30 level may have been influenced by the recent token unlock. On October 20, 25.71 million $ZRO—worth approximately $44.22 million—were unlocked, representing roughly 7.9% of the circulating supply. The impact wasn’t immediate, however, as the price consolidated for a few sessions before eventually dumping as sentiment deteriorated.
The rebound from the new low, though, was likely the result of LayerZero Labs’ announcement that it had bought $10 million of $ZRO from the open market directly to its balance sheet. “We at LayerZero Labs believe $ZRO is currently one of the most mispriced assets in the world,” the team wrote in a post on X.
LayerZero Labs has added $10m of $ZRO from the open market directly to its balance sheet.
— LayerZero Labs (@LayerZero_Labs) November 6, 2025
We are living through a once-in-a-generation change in the financial system and LayerZero sits at the core of this transition to global-scale permissionless infrastructure.
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