Will the rise of $LAYER continue? The short-term target for $LAYER is $1. With the development of the Solayer network, the rise in LAYER may also continue.
It is planned to pay the rewards for validators in the Solayer network with $LAYER and to use it as a gas token on the network. Half of the generated gas fees will be burned. This will ensure that the supply of LAYER decreases steadily. LAYER could be a deflationary token. Since there is no maximum supply limit for LAYER, establishing a burn mechanism will be very important.
We will continue to follow the governance token of Solayer, which is the first restaking platform on the Solana network and the first hardware-accelerated SVM blockchain, $LAYER...