LayerZero's ZRO drops as transfer volume soars and the $1.6 support zone comes under pressure

LayerZero's ZRO token declined by about 7% over the last 24 hours, changing hands near $1.67 while transfer volume expanded sharply. Key support around $1.6 is now in focus as liquidity heatmaps highlight a $422k cluster near $2.0 and a token unlock scheduled for 20 February could add further selling pressure.