LAYER Token Surges 12.57% After Second Airdrop and 20 Million Token Distribution Announcement

LAYERUSDT has experienced a notable 12.57% price increase over the past 24 hours, rising from 0.6096 to 0.6862. This upward movement contrasts with recent concerns about token unlock-related volatility, as 25.7 million LZO tokens (23.13% of supply) entered the market on June 20, 2025, which had initially led to a 30.07% drop in trading volume and cautious sentiment. The positive price action is likely driven by Binance’s recent completion of the second Solayer (LAYER) airdrop to BNB holders and the announcement of an additional 20 million LAYER token distribution, both of which have increased demand and engagement among users. Currently, LAYER trades at 0.6862 with a circulating supply of 210 million tokens, and market participants are closely monitoring further distribution events and liquidity developments.