What is the #Caldera Project? #ERA @Caldera Official
Caldera ($ERA ) is a Rollup-as-a-Service (RaaS) platform that enables developers to create modular, customizable L2/L3 rollups on ETH and other mainnets. Supporting various frameworks such as Arbitrum, Optimism, zkSync, and Polygon, this framework enables the rapid and secure implementation of application-specific chains.
Metalayer technology enables high-speed, low-cost, and secure communication between rollups. Transactions can occur in seconds, and liquidity pools can be shared.
With its listing on Binance Alpha in July 2025, a funding round exceeding $24 million, and its modular architecture, Caldera has become a prominent player in the Web3 infrastructure space.
Team, Investment, and Ecosystem
CEO: Matthew Katz; CTO: Parker Jou; Marketing Director: Abhi Raheja
Major investors include firms such as DragonFly Capital, Sequoia Capital, and Founders Fund.
The Binance listing has generated widespread user growth and fostered trust.
Price Analysis and Technical Outlook
Current Price
Current price: approximately $1.03, trading with limited volatility.
Circulating supply: 148.5 million ERA, total supply: 1 billion ERA.
Market capitalization: ~$150–155 million.
Historical Performance
All-time high (ATH): ~$1.88 (July 2025)
All-time low (ATL): ~$0.85 (same period)
The price is currently 45% below the ATH and approximately 20% above the ATL.
Technical Analysis Indicators
Indicators such as the RSI, MACD, and moving averages are not yet showing a strong direction; Neutral outlook prevails
Fundamental Analysis
Strong value proposition with modular architecture, Metalayer, and RaaS.
Binance listing and high-profile investor support are driving market interest.
Network growth, TVL (locked value), and transaction volume are positive: TVL ~$550M, active chain count 60+, transactions 80 million+
Tokenomics & Unlock Effect
Token distribution includes 7% airdrop, 20% ecosystem, and 50% team/investor.
During the major token unlock event on August 17, 2025, an increase of approximately 0.7% in ERA supply is expected; This could create price pressure in the short term.
Future Projection and Strategic Assessment
Factor Impact Type Assessment
Metalayer and RaaS Create Additional Demand
Developer Adoption and Ecosystem Growth Positive
Binance/Airdrop Effect
Liquidity and Access
Broader User Base, Short-Term Volume Increase
Token Unlock (August 17)
Supply Increase Risk
May create short-term pressure and trigger price
Competition (Polygon CDK, zkSync, etc.)
Market Share Competition
Potential for Competitive Pressure
Market Volatility
Crypto Volatility
Sensitivity to Macro Conditions
Must Be Monitored Carefully
Conclusion and Recommendations
Caldera (ERA) holds a strategic position with its strong technical infrastructure, high-profile investors, and modular Web3 vision.
The price is currently trading at ~$1, approximately 50% below its ATH, and its fundamental structural advantages offer upside potential.
However, upcoming supply increases, such as token unlocks, should be considered and prepared for short-term volatility.
In the long term, there is potential for more stable price growth if Caldera's RaaS and Metalayer technologies are successfully adopted.
