ERA is about to unlock a multi-million dollar airdrop, and this matter has been quite lively in the community recently. This airdrop will be divided based on the trading volume of new coins on major exchanges, and many people are worried—will there be someone who just dumps them as soon as they get them?

After all, the market is most afraid of selling pressure when it comes to airdrop unlocks. If a large number of tokens flood into the market, with many sellers, the short-term price is likely to go down. Many projects have experienced this kind of pain after unlocking, and ERA is probably no exception; short-term fluctuations are likely unavoidable.

However, if we take a longer view, ERA has a solid foundation. Its backend, Caldera, is an ecosystem that can connect various blockchains, is modular, customizable, and can interconnect, which in itself offers a lot of imaginative space.

Speaking of the utility of the ERA token, it serves many purposes: it can act as a universal gas fee during cross-chain transactions, holders can participate in network governance to decide on key matters such as technical upgrades and transaction fees; staking it can ensure network security, and it can later be used in sub-networks; in the early stages, it can help coordinate various aggregations to build the ecosystem. These functions are not mere illusions; they directly relate to the operation of the entire system, and the holding value is there.