On the narrative level, any project can shout the slogan "The future is vast", but those that can truly provide data are often more persuasive. In Messari's research report for 2025, a quantitative endorsement for Caldera was provided: over 100 Rollups powered by its Rollup Engine, accounting for about 25% of Ethereum Rollups; cumulative transaction volume exceeding 700 million, with wallet addresses surpassing 11 million, and a TVL of approximately 400 million USD.
The significance of these numbers lies in the fact that they prove Caldera is not just empty talk, but a large-scale system genuinely operating in a production environment. Behind the milestone of 1 billion transactions are developer choices, user trust, and real on-chain economic activity. In contrast, many RaaS projects are still at the stage of "proof of concept" or "early pilot", while Caldera has already entered the phase of scaled application.
What’s more noteworthy is that these data points are just the starting point. With the launch of Bridge Preview and the ecologicalization of $ERA , the network effects of Caldera will accelerate and amplify. Messari's conclusion is also very straightforward: Caldera is no longer just a RaaS tool, but a foundational platform supporting internet-level interoperability.
With the endorsement of third-party research, Caldera's narrative is no longer just the team talking to themselves, but has received validation from industry authorities.
