I've always been optimistic about the SOL token $LAYER
In 2023, when the price was around 40 to 50, I was consistently bullish
Recently, I recommended it again in a livestream when the price was 150, suggesting a large position can be held. I believe the conservative peak for SOL in this bull market is at least 250, and if it's very bullish, it could go to 400. To be conservative, let's reduce positions at 250. Speaking of SOL, we can't forget the $LAYER that has been quietly contributing behind the scenes.
Below is an overview of the role and core advantages of the LAYER token in the Solana ecosystem:
The role of LAYER in the SOL ecosystem
1. Enhancing network security: Through the re-staking mechanism, users convert SOL or liquid-staked tokens (LST) into sSOL for re-staking, increasing the overall staking volume and enhancing Solana's resistance to attacks.
2. Optimizing asset utilization: sSOL serves as a liquidity token, allowing users to participate in DeFi activities (such as lending and trading) while maintaining staking rewards, addressing the issue of idle assets during mainnet congestion.
3. Governance and ecological incentives: LAYER holders participate in governance decisions such as protocol upgrades and resource allocation, and are incentivized for ecological contributions through staking rewards and airdrops (like Genesis Drop).
Core advantages of LAYER
1. High-performance scaling technology: Leveraging the InfiniSVM architecture, combined with hardware acceleration (such as RDMA microsecond-level communication) and parallel processing, achieving millions of TPS, which is 46 times better than the Solana mainnet, significantly reducing transaction latency.
2. Economic model and ecological integration:
Token release mechanism is reasonable (team/investors locked for 1-3 years), combined with airdrops to attract early users, with a TVL exceeding 350 million USD, ranking in the top nine of the Solana ecosystem.
Compatible with SVM, supporting seamless migration of Solana projects (such as Raydium reducing slippage by 62%), and integrating with leading applications like Visa and Bonk, expanding payment and DeFi scenarios.
3. Capital and community support: Gained Binance airdrop listing and investment from institutions like Polychain, with a community of over 160,000 users, high certainty of technology implementation.
Summary: LAYER activates SOL liquidity through re-staking, becoming a key hub for Solana's expansion with hardware-level performance breakthroughs and strong ecological integration, but attention should be paid to unlocking inflation (720 million tokens to be released in the next 3 years) and risks of technical delays.
