Key factors affecting the price of Solayer ($LAYER ):
Technical updates and project development
The Solayer fund shares in its blog about the launch of InfiniSVM — a hardware-accelerated blockchain aimed at achieving 1 million transactions per second (TPS). This is a significant technical improvement that may enhance investor confidence and increase demand for the token.
Tokenomics and supply management
The maximum supply of $LAYER — 1 billion tokens, of which around 283 million are currently in circulation. There are token unlocking (vesting) schedules, which means new tokens will gradually enter the market. If this is not controlled, it could lead to price pressure due to increased supply. The recent approval of the SIP-1 proposal with 99.98% of votes established an inflation schedule in the PoS system, which will affect staking rewards and the overall token supply.
Solayer is betting on restaking technologies and modular rollups, competing with other layer one blockchains, such as Solana. A partnership with WalletConnect to enhance blockchain payments increases the utility of the ecosystem.#layer #BuiltonSolayer @Solayer