Speaking of ERA, its long-term value is quite solid
Caldera focuses on modular Rollup, helping developers quickly deploy Layer 2, saving a lot of technical hassle. Currently, the total locked value of Ethereum Layer 2 exceeds 40 billion USD, and Caldera has already taken a piece of that, managing 1 billion in assets and 36 billion transactions.
The total supply of ERA tokens is fixed at 1 billion, with an initial circulation of only 14.85%. Coupled with a burn mechanism, the expectation for deflation is quite evident.
After listing, backed by major exchanges like Binance and Coinbase, the 24-hour trading volume surged to 1.3 billion, with liquidity being outstanding. The global demand for blockchain scalability is increasing, and Caldera's Metalayer makes cross-chain operations incredibly simple, making it likely to capture a large market share in the long run.
Short-term prices may fluctuate a bit, but with ecological growth and token scarcity, it feels like ERA has a solid foundation and is worth a long-term investment.