Solayer (LAYER) Reaches $200 Million Market Cap After Successful Airdrop

Key Takeaways

• Solayer (LAYER) debuted successfully on Feb. 11
• LAYER ranks as the 321st biggest cryptocurrency.
• What lies ahead for LAYER in the rest of 2025?

LAYER’s Token Generation Event was on Feb. 11. It immediately secured listings on numerous Centralized Exchanges (CEX), including KuCoin , Gate.io, HTX, and Binance .

Binance HODLer Airdrops also supported LAYER’s airdrop, announcing it as its 8th project.

The price increased slightly after its launch but has fallen since. Let’s analyze the price movement and see what lies ahead.

What is Solayer?

Solayer is a hardware-accelerated blockchain with an impressive performance of over 1,000,000 transactions per second. It does this through technologies such as Remote Direct Memory Access (RDMA), which also provides a network bandwidth of over 100 Gbps.

It is compatible with the Solana Virtual Machine (SVM), meaning its decentralized applications (dApps) can easily integrate with Solayer.

According to its whitepaper , Solayer will also greatly help Solana scale by distributing its workload across specialized hardware, guaranteeing security and low latency.

The native token is LAYER, which has a total token supply of 1 billion, 210 million of which are circulating. From the initial distribution, over half went to the community & ecosystem, while the rest were split relatively evenly to the foundation, team, and various investors.

The supply will begin vesting every three months at a linear scale, with a large cliff unlock after one year. It will be fully unlocked after 48 months.

LAYER’s utility is spread across the ecosystem. It initially focuses on governance and then moves to network-specific utilities related to InfiniSVM.

LAYER Price Prediction

The LAYER price reached its all-time high of $1.44 shortly after its launch but has fallen since. The increase that led to the all-time high was a five-wave upward movement, a positive sign for the future trend.

However, the LAYER price has fallen, creating a descending resistance trend line. This also validated the $1.05 horizontal area as resistance.

Since falling to a low of $0.85, LAYER has created the semblance of a bullish structure. The price movement also shows a double bottom pattern (white icon), a bullish pattern that can lead to upward movement.

If LAYER breaks out above the trend line and the $1.05 area, it can move toward its all-time high and possibly $1.80, a target given by the 1.61 external Fibonacci retracement resistance level.

On the other hand, failure to break out from the resistance trend line can lead to a decline toward the next closest support at $0.70.

A breakdown below this level could accelerate the decline since the LAYER price would enter a bearish price discovery.

Successful Airdrop

The Solayer airdrop was successful, with no complaints from the community or technical issues. Its native token, LAYER, is knocking on the doors of the top 300 largest cryptocurrencies.

The reaction to its short-term resistance trend line can help determine the future trend’s direction.