Caldera ($ERA 🚀)
Caldera (ERA) is a rollup‑focused Layer‑2 metalayer token that helps developers deploy custom Ethereum rollups quickly. It launched mid‑2025 and gained rapid exchange listings and user interest.
ERA’s utility covers gas payments, staking, and governance across its ecosystem. The network claims support for many rollups, high transaction throughput, and growing wallet adoption.
Price history shows high volatility: ERA hit an ATH in July 2025 and has since oscillated between strong spikes and pullbacks. Current circulating supply is roughly 148–149M with a 1B max supply, and market cap estimates vary by feed.
On‑chain metrics show notable TVL and transaction counts, indicating real usage, but risks remain: token vesting unlocks, speculative flows, and liquidity swings can amplify price moves.