🚀The Caldera token (ERA) is the native utility and governance token of the Caldera ecosystem, a rollup-as-a-service (RaaS) platform on Ethereum that enables horizontal scaling and interoperability between rollups. Here's the latest update
🔸Key Developments:
➡️1. **Exchange Listings**: ERA launched on July 17, 2025, with listings on major exchanges like Binance, Coinbase, Upbit, Bybit, KuCoin, and others, driving an initial 85%–121% price surge to a high of $1.88–$2.00.
➡️2. **Airdrop Completion**: The Caldera Foundation distributed 70M ERA tokens (7% of total supply) to early users, testnet contributors, and ecosystem partners, with claims closing on August 1, 2025. Binance also airdropped 20M ERA to BNB holders. These airdrops initially boosted demand but led to selling pressure post-claim.
➡️3. **Platform Growth**: Caldera powers over 50 rollups, processing 360M–400M transactions and managing $400M–$1B in total value locked (TVL) across 10M–27M wallets. Projects like ApeChain, Kinto, Manta Pacific, and others utilize Caldera’s infrastructure. @Caldera Official #Caldera $ERA
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