LayerZero’s ZRO token recently listed on major exchanges like Binance, Upbit, and others, sparking excitement among crypto enthusiasts. However, the token’s airdrop distribution, which aimed to reward loyal users, has faced criticism and disappointment.

The airdrop, which distributed 85 million ZRO tokens, was met with frustration from many participants who felt their rewards were too low. This discontent has overshadowed the excitement surrounding the exchange listings, which typically boost a token’s price by exposing it to a broader audience.

The airdrop process itself was marred by technical issues and a mandatory $0.10 claim fee, which further dampened enthusiasm. Additionally, the airdrop criteria, which favored holders of specific NFTs, left many DeFi users and airdrop farmers feeling cheated.

As a result, the ZRO token’s price has plummeted, declining 21.84% in the last 24 hours. This downturn has fueled further uncertainty in the market, casting a shadow over LayerZero’s ambitious plans for its interoperability protocol.

Despite these challenges, LayerZero remains committed to its vision of advancing blockchain interoperability. The protocol’s native token, ZRO, will continue to play a crucial role in facilitating seamless communication between different blockchain networks.

For now, the community will closely watch LayerZero’s progress as it navigates these initial hurdles and works to regain investor confidence.