LAYER Surges 14.57% as Binance Airdrop and Token Transfers Spark Trading Frenzy

Solayer (LAYER) on Binance is currently trading at $0.7165, up 14.57% over the past 24 hours from an open of $0.6254. The price increase is primarily attributed to recent developments including Binance's announcement of the second round of the Solayer (LAYER) HODLer airdrop, which is distributing 6 million LAYER tokens to users who staked BNB in Simple Earn or On-Chain Yields products. Additionally, the transfer of 4.15 million LAYER tokens to Binance by the Layer team has supported liquidity and facilitated ongoing airdrop and exchange activities. These events have driven increased user engagement and demand for LAYER, contributing to the positive price movement. Overall, LAYER is experiencing strong trading activity and heightened volatility, with recent news and token distribution events acting as key catalysts for the current market momentum.