Solayer ($LAYER ) has fallen by 1.06% in the last 24 hours, continuing a weekly decline of 8.18%. Main reasons:

Impact of token unlock – this month, tokens $LAYER worth $17.33 million (Coinpedia) have entered circulation, increasing selling pressure.

Technical weakness – the price remains below key moving averages, and the Relative Strength Index (RSI) shows a bearish sentiment (35.3).

Negative trend in the altcoin market – the cryptocurrency market capitalization has fallen by 2.06% in a day; altcoins are showing worse dynamics compared to the increase in Bitcoin dominance (+58.63%).

The fall of LAYER is due to pressure from token unlocks, technical weakness, and unfavorable sentiment in the altcoin market. Despite strong fundamental indicators of the blockchain with high throughput, caution is advised in the short term.

What to watch for: can $LAYER hold support at $0.544, or will the increase in Bitcoin dominance provoke a new decline? Keep an eye on exchange reserves and updates from developers to understand potential trend changes.#layer #Solayer #BuiltonSolayer @Solayer