If we talk about which cryptocurrency has been the strongest during this round of bull and bear market transitions, then I think no coin has performed better than SOL, which rose from a bear market low of $8 to a recent high of $298, appreciating nearly 40 times. It ranks among the top 5 cryptocurrencies by market capitalization. However, behind this surge are one moat after another driving it forward.

This includes meme coins that we are familiar with, layer 2 networks, many of which are built on SOL. Among these, there is a project with the ID $LAYER .

From a technical perspective, Solayer has developed a parallel virtual machine architecture called InfiniSVM, which employs a hardware acceleration solution to offload blockchain computing tasks to programmable chips (such as FPGAs, SmartNICs, etc.).

This technology enables Solayer to achieve astonishing performance metrics: over 1 million TPS in transaction processing capability and 100 Gbps in bandwidth, while achieving microsecond-level inter-node communication latency.

In terms of re-staking, Solayer allows users to re-stake already staked SOL tokens onto various Dapps. This is similar to the EigenLayer model on Ethereum, where users can participate in network validation through sSOL (the receipt for staked SOL) and earn additional rewards.

The token for Solayer is $LAYER, with a total supply of 10 billion tokens. It serves both as a governance token and an incentive token for the ecosystem. Holders can participate in protocol governance while earning staking rewards and potential airdrops.

The project was founded by Jason Li and Rachel Chu and has received investments from well-known institutions including Polychain Capital, Binance Labs, and Hack VC, with total funding exceeding $12 million. Solayer's TVL (Total Value Locked) performance is also impressive: @Solayer #BuiltonSolaye $LAYER .