🔥 Solayer ($LAYER ) is the first restaking protocol on Solana that enhances the scalability and security of the blockchain. Using InfiniSVM and technologies like InfiniBand and RDMA, Solayer achieves 1M+ TPS and near-zero latency! ⚡
💰 Price on Binance:
📊 Market capitalization: ~$611.31M
🎯 Circulating supply: 210M out of 1B tokens
🌟 Why LAYER?
- 🛠️ Restaking: Earn by reusing SOL and tokens like mSOL/JitoSOL.
- 🏦 Support: Binance Labs, Polychain Capital, and co-founders of Solana (Anatoly Yakovenko)!
- 💸 sUSD: Stablecoin backed by US Treasury bonds.
- 📈 Growth: +60% in a week, forecasted to $7.35 by the end of May 2025!
📢 News: Solayer launched a Visa debit card and is giving away airdrops for early users! Listing on Binance February 11, 2025 created hype, and TVL is already $140M! 💳
🌌 Solayer is considered the future of DeFi on Solana. ☄️
- Listing on Binance: LAYER was added to Binance on February 11, 2025, with an FDV of ~$1.3B. After TGE, the price spiked but then corrected, which is typical for new tokens.
- Risks: Posts on X note potential dumps by insiders after TGE, and low liquidity on decentralized exchanges (e.g., Meteora) may amplify volatility.
- Fundamentals: Solayer is supported by Binance Labs, Polychain Capital, and has a TVL of $140M, confirming its potential. However, competition in restaking and dependence on Solana may affect long-term success.