Solayer ($LAYER

) Consolidates Ahead of Its Next Big Move

$LAYERUSDT

Current Price: $0.6292 (-2.93%)

Despite a slight daily dip of -1.6%, $LAYER is showing strength backed by solid fundamentals. The price at $0.6357 is supported by a healthy daily trading volume of $42.30M and a market cap of $133.51M. This combination indicates profit-taking alongside strong re-accumulation, a classic bullish signal highlighting a firm support zone.

Looking ahead, Solayer plays a crucial role in the expanding Solana restaking ecosystem. As demand for its liquid staking services is expected to rise sharply, the daily chart suggests $LAYER is currently consolidating before potentially launching into a significant upward trend. This project is definitely worth monitoring for long-term growth. #BuiltOnSola