Solayer, a pioneer in restaking on the Solana network and the first hardware-accelerated SVM blockchain, is positioning its token, LAYER, for a potential comeback. Following its exchange listings, LAYER experienced a significant surge to $3.4, delighting early investors. The token now trades at around $0.6, with the team focused on regaining its previous peak.
At its core, Solayer enhances the performance of decentralized applications on Solana using stake-weighted performance and hardware optimization. The platform is developing InfiniSVM, a hardware-accelerated blockchain designed for near-zero latency and increased network capacity. $LAYER functions as the governance token for this network, giving holders a say in critical decisions like protocol upgrades and treasury management. Future updates are expected to expand LAYER's utility within the ecosystem. @Solayer #BuiltonSolayer