I. Project Overview
Solayer is a revolutionary Layer1 blockchain project within the Solana ecosystem, positioned as the 'financial layer of Web3', focusing on solving cross-chain interoperability and liquidity fragmentation issues. The project was founded in 2023 by a team of seasoned blockchain experts, aiming to build a protocol that connects multiple blockchains, allowing developers and users to freely and securely interact with decentralized applications (dApps) without worrying about their native network.
II. Technical Architecture and Innovation
1. InfiniSVM Technology Architecture
Solayer's core technological breakthrough lies in its InfiniSVM architecture, which is a redesigned SVM execution environment. Traditional Solana validator nodes require CPUs of 3.1GHz or higher, 500GB+ high-speed memory, and 2.5TB+ high-throughput NVMe storage, but under high load, CPU utilization is only about 30%, exposing performance bottlenecks beyond CPU computing capabilities. InfiniSVM addresses these issues through innovations in hardware acceleration, dynamic sharding technology, and hybrid consensus mechanisms.
2. Cross-chain Interoperability Solutions
As the 'financial layer of Web3', Solayer's core mission is to connect different blockchain networks. The project has developed a set of cross-chain bridge technologies that enable efficient transfer of assets and value between popular ecosystems such as Ethereum, Solana, and Binance Smart Chain. This approach not only reduces transaction costs and improves capital efficiency but also allows users to access the best yields and services offered by DeFi, regardless of which network they use.
III. Team and Organizational Structure
1. Core Team Members
Solayer has an experienced team of blockchain experts, most of whom come from renowned blockchain projects and technology companies:
Rachel Chu - Co-founder, previously a core developer at Sushiswap, with rich DeFi development experience. Before creating Solayer, she also created the NFT creation tool platform Vibe, showcasing her deep expertise in Web3 product design.
Jason Li - Co-founder and Technical Lead, holds a Bachelor's degree in Computer Science from the University of California, Berkeley. He previously created a non-custodial enterprise wallet project, MPCVault, and has conducted in-depth research in AI training optimization, developing a large model training scheduling algorithm referenced by Google's team. Jason has also conducted research on Multiparty Computation algorithms, with related patents forming the basis of the MPCVault technical architecture.
2. Organizational Structure and Governance
Solayer adopts a foundation governance model and established an independent non-profit organization, the 'Solayer Foundation', at the beginning of 2025, responsible for promoting SVM expansion, LAYER token management, and reward distribution. This governance structure draws on the experience of many successful blockchain projects, ensuring the unity of the project's direction in its early stages while laying the foundation for future decentralized governance.
IV. Partners and Ecosystem
1. Strategic Partners
Solayer has built a strong network of partners, gaining support from several renowned institutions and individuals in the blockchain field:
Investment Institutions: Solayer's investor lineup is strong, including top crypto investment institutions like A16z, Binance Labs, and Polychain Capital. Among them, A16z led a financing round of $134 million, demonstrating mainstream capital's confidence in the project. Binance Labs' investment is particularly noteworthy, with co-founder He Yi publicly stating: 'Solayer has already emerged in the Solana ecosystem, and we are excited to work with them to make the ecosystem more vibrant.'
Industry Leaders: The builder round financing of Solayer attracted personal investments from blockchain industry leaders such as Anatoly Yakovenko, co-founder of Solana Labs, Rooter, founder of Solend, Richard Wu, co-founder of Tensor, and Sandeep Nailwal, co-founder of Polygon. These strategic investors not only provide financial support but also bring valuable industry resources and experience to the project.
2. Ecosystem Projects
As an important infrastructure within the Solana ecosystem, Solayer has formed synergies with multiple key projects:
Re-staking Services: Solayer was initially positioned as a re-staking protocol for Solana, allowing users to re-stake SOL tokens or liquid staking tokens (LST) across multiple dApps. This design not only significantly enhances network security but also optimizes capital utilization, enabling users to earn multiple rewards from MEV and AVS.
Cross-chain Solutions: Solayer's ecosystem includes components designed specifically for cross-chain interoperability, complementing projects like Picasso. Picasso was initially built in the Cosmos ecosystem and expanded to multiple networks such as Solana, Ethereum, and Polkadot through its IBC and AVS technologies, while Solayer focuses on resource optimization within the Solana network. Together, they form a complete cross-chain solution.
Payment System: The Emerald Card launched by Solayer is an important innovation connecting the crypto world with traditional finance. This globally accepted Visa card supports USDC deposits and is compatible with Apple Pay, Google Pay, and ATMs worldwide, covering over 100 countries. Users can enjoy a 4% annual yield backed by U.S. Treasury securities by depositing USDC, while also earning rewards through the Emerald Rewards points system.
V. LAYER Market Performance and Listing Status
1. Market Performance
Since the issuance of the LAYER token on January 11, 2025, it has experienced significant price fluctuations. According to the latest market data:
Current Price: $0.64 (approximately ¥4.63), down about 79.21% from the historical high of ¥24.37 (May 5, 2025), but up about 7.42% from the historical low of ¥4.31 (February 19, 2025)
Historical High: Reached a historical peak of $1.59 (approximately ¥11.5) on April 6, 2025, before falling back to the current level.
Price Volatility: 24-hour volatility reached 8.63%, indicating high market volatility.
Market Cycle Performance: Against the backdrop of a general decline in cryptocurrencies due to Trump's tariff policy in April 2025, LAYER increased by 8%, demonstrating some resistance to downturns.
2. Exchange Listing Status
The LAYER token has gained support from multiple top exchanges:
Mainstream Exchanges: Including Binance, Huobi, Bitget, Bybit, KuCoin, etc.
Diversity of Trading Pairs: Supports multiple trading pairs such as LAYER/USD, LAYER/KRW, LAYER/TRY, etc.
Exchange Recognition: The listing on exchanges like Binance indicates the market's long-term optimism towards the Solayer project.
Trading Convenience: Users can conveniently conduct spot trading and asset management of LAYER through these platforms.
VI. Future Development Path
According to the public roadmap, Solayer's future development will focus on the following directions:
InfiniSVM Mainnet Launch: Completed the development and deployment of hardware-accelerated SVM blockchain to achieve the goal of millions of TPS.
Ecosystem Expansion: Integrating native yield assets such as sSOL and sUSD, enriching re-staking application scenarios.
Global Layout: Expanding the coverage and service content of the Emerald Card, strengthening the connection between Web3 and the real economy.
Decentralized Governance: Gradually transferring project decision-making power to LAYER token holders to achieve genuine community governance.
Overall, the LAYER token demonstrates potential as an important infrastructure token within the Solana ecosystem, with its market performance closely related to the technological innovations and ecological development of the Solayer project. Investors should closely monitor the implementation of the project roadmap and changes in the overall market environment.
