Solayer (LAYER)

Solayer, a restaking platform on Solana, aims to improve security and yield, with an airdrop planned for eligible participants.

1. LAYER Basic Info

2. LAYER Technical Info

2.1 LAYER Kline Chart Price

2.2 LAYER Technical Analysis

Short-term bearish trend.
Medium-term consolidation with a potential for further downside.
Long-term uncertainty, but the possibility of a continued downtrend is higher than a strong recovery.
Volatility is expected to remain high.
The price may test support levels around 0.68.
A break below 0.68 could signal a more significant decline.
Resistance is likely near the 0.80 to 0.83 range.
Further analysis and monitoring of volume and price action are needed.
The market sentiment appears to be negative.
Consider the possibility of a dead cat bounce before any further decline.

3. LAYER News Info

3.1 LAYER News List

• 20250214
  RootData: UniLayer token (LAYER) rose by 2208.24% in 24 hours 📈
• 20250213
  LAYERs 24-hour trading volume exceeded US$9.2 billion, and its trading share ranked third in the world 📈
  LAYERs 24-hour trading volume exceeded US$9.2 billion, and its trading share ranked third 📈
• 20250212
  Bitunix will launch Solayer (LAYER) 📈
  Gate.io Launchpool launches LAYER: stake LAYER to share airdrops, with an annualized return of 515.6% 📈
  LAYERs funding rate on Binance platform is -2%, currently quoted at $1.1108 📈
  WOO X launches Solayer (LAYER) contract trading 📈
  BitMart launches LAYER contract, supporting up to 50x leverage 📈
  LAYERs 24-hour increase is 55%, and the current price is $1.3116 📈
  In the past 24 hours, the total LAYER liquidation of the entire network was 23.74 million US dollars, which was only less than BTC and ETH 📉
  RootData Hot Index: UniLayers ranking soared 834 places, and its Token LAYER rose by 34.14% in 24 hours 📈
  The price difference of LAYER futures and spot prices on Binance platform exceeds 0.1 USD, and the funding rate reaches the lower limit of -2% 📉
• 20250211
  LAYER is currently trading at $1.0055 on the chain 📈
  Binance Finance, One-click Coin Purchase, Flash Exchange, Leverage, and Contracts will be launched on Solayer (LAYER) 📈
  Binance will launch LAYER 1-75x U-based perpetual contracts 📈
  Wintermute may be a Binance HODLer airdrop project $LAYER one of the market makers 📈
  Solayer has opened the LAYER token airdrop application 📈
  Solayer token LAYER airdrop claim will start at 20:00 📈
  HTX will jointly launch LAYER (Solayer) at 22:00 (GMT+8) today, and deposit service is now open 📈
  BitMart will list Solayer(LAYER) 📈

3.2 LAYER News Analysis

LAYER s exponential growth trajectory is unsustainable in the short term, suggesting an impending correction. The widespread exchange listings, launchpool incentives, and high leverage options indicate a speculative frenzy. The negative funding rates and significant liquidations point to elevated volatility and short-term profit-taking. Despite the hype, the rapid price appreciation and associated risks suggest caution is warranted. While early adopters benefited greatly, the current momentum is unlikely to persist, paving the way for a potential downturn.