Old Zhou has been investing in cryptocurrencies for some years now, and recently he keeps mentioning ERA: "This token is interesting, institutional holdings are stable, and the ecosystem is expanding quickly, but I wonder if I can invest heavily."

The investment logic behind ERA is actually quite clear: as the native token of Caldera, it is tied to the value of the entire RaaS ecosystem—developers use Caldera to build Rollup chains, and fees and staking must use it. The more prosperous the ecosystem, the higher the demand naturally rises. Currently, over 30 chains are running, and the TVL has surpassed 600 million; these data points are all supportive.

The token mechanism is also reassuring: out of a total supply of 1 billion, nearly half is allocated to early users and ecosystem incentives, while the shares for investors and the team unlock over several years, avoiding short-term dumping risks. Institutions like Sequoia dare to invest 24 million because they value its ability to address Layer 2 fragmentation—cross-chain interoperability is smooth, and developers can flexibly adjust parameters, which is a solid advantage in a fiercely competitive field. @Caldera Official

But Old Zhou also has his doubts: "Similar platforms are making moves; what if they surpass us? If regulation tightens, liquidity could disappear in an instant." He ultimately plans to invest 30% of his position: "Follow the ecosystem data; if it rises, don’t be greedy, and if it falls, look at the fundamentals. It's better than randomly buying in." #Caldera

Investing in cryptocurrencies is essentially betting that the project can grow. ERA's potential isn't bad, but whether it can win still depends on whether the subsequent ecosystem can continuously attract more 'players'. $ERA