🚨 Caldera (ERA) Nearing a Breakout — \$1.20 Could Ignite a Run to Record Highs! 🚀🔥
@Caldera Official #Caldera \$ERA
**Market Snapshot (Aug 10, 2025)**
Current Range: \$1.06–\$1.13 (+2–12% in the past day)
Valuation: \$150M–\$165M | Circulating Supply: \~148.5M ERA (Max: 1B)
Previous Peak: \$1.88–\$1.95 (July 17–18, 2025)
Daily Turnover: \$160M–\$200M
**Key Price Levels**
Support: \$1.00 (psychological floor), then \$0.92
Resistance: \$1.20, \$1.40, \$1.88–\$1.95 (record zone)
Staying above \$1.00 keeps breakout prospects intact — clearing \$1.20 could pave the way toward retesting all-time highs.
**About Caldera**
A Rollup-as-a-Service (RaaS) platform on Ethereum that lets developers deploy tailored rollups quickly and interconnect them through its Metalayer.
**ERA Token Functions:** Gas usage, staking for security, governance participation, and cross-rollup communication.
**Growth Drivers**
* New major exchange listings and promotional pushes
* Rising TVL (\$400M+) across 50+ rollups
* Increasing Metalayer adoption enhancing usability and integration
* Community rewards and airdrop programs boosting participation
**Challenges**
* Token unlock events may lead to selling pressure
* Price swings amplified by limited circulating supply
* Strong competition in the RaaS space
**Possible Outcomes**
* **Positive:** Break above \$1.20 → \$1.40 → revisit \$1.88–\$1.95
* **Negative:** Drop below \$1.00 → correction toward \$0.92
**Conclusion:** Caldera’s expanding network and rising liquidity put it in a strong position. Keep an eye on the \$1.20 level — it could mark the start of the next major move.