Caldera is simply a hot commodity for institutions. It focuses on RaaS, helping developers quickly deploy Layer 2, backed by top VCs like Sequoia and Dragonfly, with $46 million in funding.
After being listed on Binance, Coinbase, and Upbit, ERA's price surged by 120% in one day, with a trading volume of 1.3 billion, clearly indicating an influx of institutional capital.
Its Metalayer protocol significantly boosts cross-chain operation efficiency, making it particularly suitable for enterprises that require large-scale blockchain solutions. The Ethereum Layer 2 market now exceeds $40 billion, and Caldera's locked amount of $10 million has already established a solid foothold.
ERA's low circulation and two-year unlocking mechanism reduce the risk of sell pressure, which institutions find reassuring. The regulatory environment is also improving, with policy benefits like 'Crypto Week' likely to attract more large funds to ERA.
