ZORA Token Drops 15% as Whale Holdings Shrink and RSI Signals Weak Momentum

ZORA, a blockchain protocol co-founded by Jacob Horne and Dee Goens, is facing bearish pressure after reaching an all-time high of $0.10. In the wake of this peak, the token has seen a 15% retracement, raising concerns among traders about a potential market reversal. The decline is attributed to a reduction in whale holdings and elevated short-term volatility, with the Relative Strength Index (RSI) currently at 58, signaling weakening bullish momentum [1].

The recent surge in ZORA’s price was marked by significant on-chain activity, including the creation of over 40,000 tokens in a single day. This activity was primarily driven by Coinbase’s Base App, which has supported ZORA’s scalability and liquidity [1]. However, despite this active creation and liquidity, the market is now adjusting to a higher supply environment, contributing to the current bearish trend.

ZORA’s bearish trajectory aligns with broader market trends seen in tokens like SUI and BNB, where technical indicators such as the MACD crossing below the signal line and declining short-term moving averages have signaled weakening momentum [3][4]. Analysts have noted that ZORA’s recent price action reflects a broader cooling in the market, although token creation remains robust.

CoinCodex has released a speculative price prediction for ZORA, forecasting a potential drop of -24.56% by August 28, 2025, bringing the price to around $0.062062 [2]. This projection underscores concerns about near-term volatility, particularly after ZORA’s recent rally. While such forecasts are not guarantees, they reflect current market sentiment and caution.

Despite the bearish signals, ZORA’s influence in the decentralized token creation space remains substantial. According to CryptoRank, ZORA accounted for nearly 67.7% of all token creation in a single day, highlighting its continued relevance and dominance [5]. However, this level of activity has not been sufficient to counteract the broader bearish pressure, as investors remain wary of supply dynamics and ongoing volatility.

Jacob Horne, co-founder of Zora Protocol, has acknowledged the need for careful navigation of current market volatility, emphasizing the community’s high level of activity while recognizing the risks involved [1]. As the market digests the recent influx of supply and assesses potential reversals, ZORA’s path will depend heavily on future leadership insights and regulatory developments.

While long-term forecasts suggest a possible price range of $0.18 to $0.26 under stable conditions, or even as high as $0.40–$0.50 if ZORA becomes a foundational protocol, such projections remain speculative and contingent on evolving market conditions [6].

[1] BeInCrypto - ZORA Price Faces Correction as Whale Holdings Shrink

https://beincrypto.com/zora-price-sinks-bears-circle/

[2] CoinCodex - Zora (ZORA) Price Prediction 2025, 2026-2030

https://coincodex.com/crypto/zora/price-prediction/

[3] FXStreet - SUI price could decline further as token unlock looms

https://www.fxstreet.com/cryptocurrencies/news/sui-price-forecast-sui-loses-ground-amid-fears-over-upcoming-44-million-token-unlock-202507301127

[4] The Currency Analytics - BNB price dips after strong rally, facing resistance near $820

https://thecurrencyanalytics.com/altcoins/bnb-price-dips-after-strong-rally-whats-next-for-binance-coin-187999

[5] CryptoRank - Zora pushes Base ahead of Solana's Pump.fun and LetsBonk

https://cryptorank.io/news/feed/e2010-base-overtakes-solana-as-a-new-memecoin-hub

[6] Bitget - CROSS price prediction chart for 2025 and beyond

https://www.bitget.site/price/cross/price-prediction