LAYER Token Surges 13.52% on Binance Following Major Airdrop Events and Distribution Campaigns

Solayer (LAYERUSDT) is trading at $0.7001 on Binance, up 13.52% over the past 24 hours from an open of $0.6167. The price increase appears primarily driven by recent airdrop events and ongoing token distribution campaigns, including the second round of LAYER airdrops to BNB holders and confirmation of additional future airdrops, which have heightened community engagement and demand. Recent significant token transfers to Binance in preparation for these distributions have also contributed to increased trading activity. Market sentiment remains cautious overall, with technical indicators previously showing bearish momentum and high volatility, but the latest price action reflects a short-term positive response to airdrop-related developments. Trading volume and other key metrics are not specified, but the token remains outside the top tier by market capitalization.