Solayer ($LAYER ) has increased by 2.28% over the last 24 hours, better than its decline over the last 7 days (-12.3%) and 30 days (-24.6%). Main reasons:
Technical recovery – RSI and MACD indicators suggest short-term improvement.
Devnet development – Announcements of the new modular rollup ecosystem have sparked interest.
Market sentiment change – A neutral fear and greed index has allowed altcoins to stabilize.
The rebound of $LAYER is due to a combination of technical factors and cautious optimism regarding modular blockchain architecture; however, weak trading volume and resistance around $0.60 require attention.
What to watch: Will Solayer InfiniSVM Devnet ensure stable developer activity and justify the current project valuation?