ERA Token Soars 669% After Major Exchange Listings and 20 Million Token Airdrop
Caldera (ERA) experienced a substantial price surge in the last 24 hours, primarily driven by its high-profile listings on major exchanges such as Binance, Bybit, and Phemex on July 17, 2025, as well as a retroactive airdrop of 20 million ERA tokens to eligible Binance users. These events significantly increased demand and trading activity, resulting in heightened market volatility and a sharp price appreciation. The introduction of ERAUSDT futures trading on multiple platforms and subsequent adjustments to funding rates further contributed to the asset's dynamic price action.
Currently, ERAUSDT is trading at $1.5396 on Binance, up 669.80% from its 24-hour opening price of $0.2000, with a 24-hour trading volume exceeding $1.16 billion and a market capitalization of approximately $269.71 million. The circulating supply stands at 148.5 million ERA out of a total supply of 1 billion, reflecting strong market interest and significant volatility following its recent exchange listings and token distribution events.