$LAYER

📊 Layer Network (LAYER) Overview

Current Price: Approximately $1.78 USD

24h Trading Volume: Over $1.24 billion

Market Cap: Not specified

Launch Date: January 9, 2025

Blockchain: Built on Solana

Token Standard: SPL

Smart Contract Address: LAYER4xPpTCb3QL8S9u41EAhAX7mhBn8Q6xMTwY2Yzc

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Layer Network is a Layer 2 solution designed to enhance the Solana Virtual Machine (SVM) through hardware acceleration and optimized infrastructure. It aims to achieve up to 1,000,000 transactions per second (TPS) by distributing workloads across specialized hardware and microservices, preserving atomic state transitions.