Solayer Restaking Gains Traction
Key Insights:
Solayer is a Solana-based restaking protocol that allows users to redeploy staked SOL or liquid-staked tokens (LSTs) to enhance network security and earn additional rewards—without sacrificing liquidity .
Its mainnet launch rapidly attracted over $160 million in Total Value Locked (TVL), signaling strong adoption and network confidence .
As of early 2025, LAYER surged dramatically—peaking at $3.29, a ~400% increase from its February launch, and boasting a market cap of around $667 million .
The chart captures a strong breakout above resistance, with widened Bollinger Bands and an elevated MACD—indications of accelerated bullish momentum .
Summary:
Solayer’s restaking mechanism, fast-growing TVL, and robust token performance underscore growing traction in the Solana ecosystem. Active adoption and technical strength suggest it’s a standout in the current DeFi-restaking landscape.