✅ Layer Token ($LAYER) powers Solayer, a restaking protocol on Solana designed for high speed and low fees. Solayer uses hardware acceleration and parallel processing, reaching over 1 million transactions per second while keeping costs minimal.
Holders of $LAYER can participate in network governance, pay for protocol services, and earn rewards through restaking. This lets SOL holders lock assets to secure the network and earn extra yield without losing liquidity.
The total supply is 1 billion tokens, with around 220 million in circulation at launch in 2025. Layer gained attention after Binance announced airdrop eligibility for its HODLer program and listings on major exchanges like Gate.io and KuCoin.
By combining Solana’s speed with a liquid restaking model, $LAYER aims to bring scalable, secure, and efficient staking solutions to both retail and institutional users. It’s becoming a notable player in Solana’s DeFi ecosystem.