Project Description & Core Technology
Caldera is a Rollup-as-a-Service (RaaS) platform on Ethereum. Developers can easily implement customized Layer-2 rollups based on Ethereum. @Caldera Official
One of the project's innovations, Metalayer, enables interoperability between different rollup networks, enabling liquidity sharing and cross-chain swapping.
Caldera offers a modular, multi-VM ecosystem compatible with ZK-rollup and optimistic rollup infrastructures, providing developers with high custom recurrence.
ERA Token – Tokenomic Structure and Usecases
Token Information: Fixed supply—total supply of 1 billion #ERA (minted at TGE, but vests long-term)
Distribution:
20 million $ERA airdropped via Binance; This corresponds to 2% of the total supply (Binance HODLer Airdrop).
Early supporters, teams, and groups are subject to long-term vesting agreements.
Usage Areas:
As a gas fee (for transactions on Metalayer)
Validator staking and network security
Participation in the Governance Protocol/Security Council and governance votes
Ecosystem and Performance Data
To date, 60+ active rollup networks are operating on Caldera; A total budget of 1.8 million, a TVL of $550 million, and 80 million transactions have been processed.
Prominent chains such as Manta Pacific, ApeChain, and Injective’s inEVM are included in this ecosystem.
Market Data & Technical Status
Price and Market Capitalization:
According to CoinGecko: ~$1.21/USD, 24-hour volume ≈ $1 billion, circulating supply ≈ 148.5 million ERA, total market capitalization ~$180 million (FDV ~$1.21 billion.
According to Binance Square analysis: price ~$1.21, weekly decline ~12%, RSI & MACD technical indicators signal a "strong sell" signal.
According to CoinUnited systems: Short-term investors are expected to have a price range of approximately $1.27–$1.31, with high volatility conditions.
Volatility: $1.20 Sudden price fluctuations were seen between $1.59; This presents opportunities for active traders, but carries risks.
Strengths & Risks
✅ Strengths ⚠️ Potential Risks
Modular and customizable
L2-listed
Impact of competing projects (Polygon CDK, zkSync) and fragmentation risk
MEXICO Blog
Bitrue
CryptoTicker
Cross-rollup infrastructure with Metalayer
Technical infrastructure delays or vulnerabilities
Limited supply, long-term investment structure, and investor confidence
High volatility/short-term speculative movements
Strong capital (approximately $24 million) with significant support from Sequoia, Dragonfly, and Founders Fund
ICO Drawdowns
Regulatory interest (especially regulations related to token projects)
Future Expectations & Price Predictions
According to Bitrue (as of July 2025):
Average price for 2025: $4.04 (range: $3.59–$4.49)
Average value of ~$15 for 2030 (range: ~$14.98–$16.08); in a positive scenario, Metalayer is expected to support 100+ rollups.
CryptoTicker predictions:
Potential range of $2.44–$3.05 by the end of 2025, $3–$6 in 2026–27, with a wide range of $12–$19 for 2030.
Summary and Assessment
Caldera offers a modular, interoperable, developer-friendly, and user-friendly infrastructure in the Ethereum rollup world.
ERA plays a central role supporting token, gas, staking, and governance functions; its supply cap and outlook structure are unusual.
The market is prone to high volatility; technical indicators suggest short-term caution.
Long-term potential depends on the details of its ability to become a central platform in the rollup evolution; Competition and regulation are the main risk factors.
Price predictions offer scenarios such as $2–4 for 2025 and $12–16 for 2030. However, its realization depends entirely on technological adoption, user adoption, and overall crypto market conditions.
🧠 Conclusion
#Caldera (ERA) is an ambitious project offering high scalability, customizability, and cross-rollup on Ethereum. The ERA token serves as the economic engine of this ecosystem. While caution is warranted due to short-term high volatility, the potential for significant value appreciation is evident if the long-term Metalayer vision materializes.
