ZKsync Faces Supply Pressure: ZK’s locked supply and resistance at $0.052 signal challenges for short-term upside momentum.
ZeroLend Shows Strong Fundamentals. A $56.33 TVL against a $2.7M market cap suggests potential undervaluation in DeFi metrics.
POL Holds Critical Support. Maintaining the $0.194 level will determine whether POL can attempt another rally toward $0.20.
An unlocked market cap of $225.49 million indicates that further supplies into the market may affect the volatility and stability of the price. For the market structure to stay as it is in the short term, holding above $0.048 is imperative. Further selling pressure might see fresh levels of support be tested before fresh buying genesis.
ZKsync (ZK) Shows Price Decline Amid Supply Constraints
ZKsync (ZK) is trading at $0.04892 after a 4.79% drop in the past 24 hours. The token’s market cap stands at $358.24 million, while its fully diluted valuation (FDV) reaches $1.02 billion, showing that a significant portion of supply is still locked. The circulating supply is 7.32 billion out of a total supply of 13.74 billion, with a maximum of 21 billion tokens.
Daily trading volume of $27.91 million represents 7.74% of the market cap, indicating healthy liquidity despite the decline. Price action saw early gains that pushed ZK above $0.052 before sellers reversed the trend and closed the session lower. This reversal pattern shows that bullish attempts faced strong resistance throughout the day.
The unlocked market cap of $225.49 million highlights that future supply releases could influence volatility and price stability. In the short term, holding above $0.048 is essential for maintaining market structure. Continued selling pressure could test lower support levels before fresh buying interest emerges.
ZeroLend (ZERO) Holds Strong TVL but Faces Price Pressure
ZeroLend (ZERO) is priced at $0.00004938, reflecting a 1.77% decline in 24 hours. Its market cap is $2.7 million, while the FDV stands at $4.93 million, pointing to locked supply potential. Circulating supply is 54.86 billion out of 100 billion, and the token has 82,930 holders.
Trading volume over the past day reached $238,760, about 8.81% of its market cap, suggesting moderate liquidity activity. The intraday chart shows early selling pressure, a brief recovery spike, and a return to average price levels by the close. This intraday volatility signals a market still searching for short-term direction.
ZeroLend’s total value locked (TVL) is $56.33 million, resulting in a market cap-to-TVL ratio of 0.04808, which is low by DeFi standards. This low ratio could indicate undervaluation compared to assets locked in the protocol. The near-term trend will depend on whether price stabilizes or continues its volatile behavior.
POL (Formerly MATIC) Tests Key Support Levels
POL, formerly known as MATIC, trades at $0.1947 after a 4.14% daily drop. Its market cap and FDV both stand at $2.03 billion, as the circulating supply of 10.47 billion POL matches the total supply. No maximum supply figure has been disclosed.
Daily trading volume is $153.13 million, down 20.6% from the previous day, and accounts for 7.52% of market capitalization. Intraday movements show POL opening near $0.20, experiencing brief upward momentum, and then falling as sellers took control. This reflects waning short-term buying pressure despite initial strength.
Maintaining the $0.194 support will be critical to preventing further downside. If momentum shifts, POL could challenge the $0.20 resistance level again. Prolonged weakness, however, may open the door for deeper retracement before another rally attempt.
Broader Blockchain Technology Outlook
The performance of ZKsync, ZeroLend, and POL highlights active blockchain technology trends that will influence the market into 2025 and beyond. Price fluctuations, market cap changes, and liquidity levels reflect the interaction between supply unlock schedules, trading sentiment, and protocol fundamentals.
ZKsync’s locked supply and technical resistance zones illustrate how tokenomics can shape short-term and long-term valuations. ZeroLend’s high TVL compared to market cap demonstrates how DeFi protocols can maintain strong fundamentals despite short-term price drops. POL’s attempt to hold key support shows the importance of psychological and technical levels in market structure.
