ZeroStack locks in $107 million, securing 21% of zero-gravity:native supply. The share swap was completed on July 5th—marking the first institutional-level token consolidation event post full unlock. Under the Texas Blocker SPV structure, 142,232,948 tokens were swapped 1:1 for approximately 9.1 million ZeroStack shares ($11.79/share), while simultaneously clearing 0G convertible bonds. Traditional institutions now indirectly hold dAI exposure via Nasdaq-listed stocks. Currently, 213 million 0G tokens are in circulation. After hitting the peak unlock on May 15th, 142 million tokens (over 50% of circulating supply) were locked again in July, creating a "unlock-lock" dual-cycle dynamic. With institutional-level lock-ins at the capital layer + real consumption at the application layer, the probability of a fundamental shift around July is very high. Current price: $0.55.