The term "$LAYER token" can refer to a couple of different cryptocurrencies, which can cause some confusion. One of the most prominent is the token for Solayer, which is a blockchain project focused on interoperability. The price of the Solayer (LAYER) token is approximately $0.61 USD, though this is subject to constant market fluctuations. It has a market capitalization of around $129 million.
Another token with the ticker LAYER belongs to Unilayer, a decentralized trading platform. The price for this token is significantly lower, at about $0.015 USD, with a market cap of approximately $541,000. When discussing "LAYER token," it's crucial to specify which project is being referenced to avoid miscommunication.
