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Binance announces the launch of Solayer (LAYER)

7 months ago
in NFT
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Solayer is a restaking protocol developed instantly on the Solana blockchain. It goals to leverage Solana’s financial safety and high-performance execution capabilities to supply a decentralized cloud infrastructure. This infrastructure permits the next diploma of consensus and blockspace customization for utility builders.

The undertaking makes use of the idea of restaking, which is basically a cheap technique to safe future distributed methods by importing safety from Solana. This entails staking property to safe not simply the Solana blockchain but in addition different functions or methods constructed on or round it.

Solayer Present Value

$LAYER was listed on Binance on 2025-02-11 at 14:00 (UTC) with a token worth at TGE reaching roughly $1.3, which suggests a Full Diluted Valuation (FDV) of about $1.3 billion, a reasonably affordable determine. At present, $LAYER is buying and selling at a worth of $0.8221 (FDV reaching $837.93 million).

Supply: TradingView

Solayer (LAYER) Token Directional Prediction

With a complete provide of 1 billion tokens, the undertaking has allotted 12% of the whole provide for Airdrop actions. If distributed evenly, this may imply every pockets might obtain round 480 $LAYER tokens. The undertaking, after a powerful enhance proper after TGE to succeed in ATH $1.42, shortly fell beneath strain to dump Airdrop.

Mainly, that is nonetheless working as different initiatives up to now. Particularly, the undertaking will enhance sharply proper after TGE (perhaps inside a number of hours after TGE) in order that insiders or VCs can dump tokens at the very best worth, then the token step by step downsizes and appears for decrease dips. That is just like the $GRASS or $SOLV token.



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