What is Caldera ($ERA )?
Caldera is a modular Layer-2 infrastructure platform running on Ethereum.
It allows developers to create EVM-compatible, customizable rollups (Layer-2 chains). It also supports interoperability between Optimistic and ZK-based rollups through the Metalayer concept, enabling cross-chain communication, resource sharing, and coordination. @Caldera Official
The platform infrastructure was developed by Constellation Labs. Launched in 2023, the project supports more than 60 rollup chains, has processed 400-550 million transactions, and has reached a TVL (Total Value Locked) volume exceeding $1 billion.
Token Usage and Key Features
The #ERA token is the platform's native token and is used for:
Transaction fees for cross-chain transactions on the Metalayer,
Validator staking (network security),
Governance decisions (such as upgrades and treasury),
Furthermore, the platform is described as a "chain factory." It allows developers to quickly create their own customized, high-performance chains.
Market Data and Technical Status (July 2025)
Price: Trading in the range of approximately $1.26–$1.30 (e.g., $1.29)
24-Hour Change: Increase of approximately 0.9% (e.g., +0.93%)
Market Cap: Around $187–$192 million
24-Hour Volume: Around $400–$440 million
Circulating Supply: 148.5 million tokens (maximum 1 billion tokens)
All-Time High Price (ATH): Around $1.88–$1.95, occurred on July 17, 2025, and is currently experiencing a 35–36% retracement.
All-Time Low Price (ATL): Around $0.85, also on July 17 Registered in 2025
Main Agenda Items
1. Listing on Major Exchanges
#Caldera began trading on major crypto exchanges such as Binance, Coinbase, Upbit, and KuCoin in July 2025. These listings led to an 80% to 110% increase in value in the first few days.
Coinbase also launched ERA-PERP perpetual futures contracts on July 24, 2025.
2. Fundamental Data Driving Demand
The Caldera ecosystem stands out with over $1 billion in TVL, over 17 million wallets, and over 500 million transactions. New projects (such as SynthCity, C-DeFi, and ZeroSwapX) are also supporting the platform.
3. Technical Analysis and Momentum
RSI: strong momentum signal.
MACD: positive pattern.
Volume: 280% increase in the last 7 days.
A "golden cross" between the 50-day MA and the 200-day MA is forming; a positive technical outlook.
Some analyses emphasize that a new rally could begin if the critical resistance level around USD 1.35 is broken.
4. Short- and Medium-Term Expectations
Many price forecasts predict that USD 2-4 is possible by the end of 2025, and USD 3-6 or higher in 2027-2028.
However, in the short term, it is important to monitor risks such as post-airdrop token sales and volatility in the general altcoin market.
Assessment: Strengths & Points to Consider
✅ Strengths
Modular infrastructure — integration into a multi-chain architecture (Ethereum, Arbitrum, Optimism).
Fast-growing ecosystem — increasing TVL, transaction volume, and user numbers.
Major exchange listings & liquidity; entry into the perpetual futures market.
⚠️ Risks
Altcoins are vulnerable to general market risk.
Selling pressure may occur after the unlocking of locked tokens in the token offering.
If the price remains below the technically critical level of ~$1.35, upward momentum may be broken.
In Brief: What to Expect?
Caldera gained rapid momentum with its launch in the summer of 2025, attracting attention with its strong technical infrastructure and major exchange listings. Aside from a few price reversals, the potential for a short-term price increase of $2–4 and a medium-term price increase of $3–6, or even more, is visible. However, it's important to conduct your own risk analysis and pay attention to market developments before investing.