Introducing Caldera (ERA) – the “internet of rollups” for modular, customizable layer‑2 chains.
Price: ~$1.29 (+6–7% in past 24h) • Market Cap: ~$190M • Circulating Supply: 148.5M / 1B total
Support & Resistance:
Support zone: ~$1.18–$1.20 (recent low end of range)
Resistance zone: ~$1.50–$1.60; retesting ATH range around $1.88–$2.00
Use Cases: ERA is the native gas token across the ecosystem, used for staking, governance, and securing cross-rollup communication.
Growth Drivers:
• Strong institutional backing (Sequoia, DragonFly, 1kx)
• Recent exchange listings: Binance, Coinbase, Upbit, etc.
• Binance HODLer Airdrop distributing 20M ERA tokens to participants
Technical Take:
Trading ~ 30–35% below its peak. Price support lies near $1.18, resistance around $1.50–$1.60 with ATH zone above. Forecast models suggest potential mid‑2025 gains to ~$1.4–$1.5 if utility growth continues.
Risk Profile: High volatility on newly minted tokens; future supply unlocks and listing hype likely to drive short-term swings. Core value tied to adoption of Caldera rollup deployments.
Summary: Caldera (ERA) blends cutting-edge Layer‑2 innovation with institutional credibility. A high‑upside, high‑risk asset suited for speculative traders and early adopters in the DataFi/Web3 scaling space.