LAYER skyrocketed by 367%! Solayer's technological breakthrough and market enthusiasm drive the next hundredfold coin's birth?
LAYER surged by 367% in 24 hours! Solayer mainnet upgrade + Binance listing ignites a new narrative in DeFi
On February 12, 2025, the Solayer ecosystem token LAYER achieved a 367% increase on its first day of listing on Binance, with a single-day trading volume reaching $275 million and market capitalization briefly exceeding $960 million. This performance far surpassed the simultaneous Bitcoin ETF effect, drawing significant market attention to Solayer's 'technology implementation capability'.
Surge Logic:
1. Technology Realization: Solayer completed the InfiniSVM mainnet upgrade in Q1 2025, with real tests showing TPS exceeding 800,000 and transaction confirmation time reduced to 1.2 seconds, a 300% improvement over the Solana mainnet.
2. Capital Involvement: Top market makers like Wintermute provide liquidity support for LAYER, while the project team simultaneously launched a $50 million ecosystem incentive fund to support DApp developers.
3. Community Enthusiasm: Over 12% of LAYER tokens were distributed through airdrops, with early participants averaging returns exceeding 800%, and the social media topic #SolayerFOMO has been read over 500 million times.
Token Economics:
LAYER has a total supply of 1 billion tokens, with a current circulation of 220 million tokens (21%). Its value capture mechanisms include:
• Protocol Revenue Sharing: Solayer extracts 0.3% from cross-chain bridge fees and DeFi lending interest as LAYER repurchase funds.
• Governance Rights Binding: LAYER holders can vote to decide key parameters such as the collateral rate of SUSD and the fee distribution of cross-chain bridges.
• Staking Rewards: Staking LAYER to participate in node elections can earn block rewards, with the current APY at 15.6%, far exceeding the average level of Solana.
