The latest price of Caldera (ERA) is approximately 0.776 USD, down 5.7% for the day; the intraday high reached 0.823 USD, and the low was about 0.764 USD.
"Breaking below 0.8" has become a foregone conclusion.
Key factors behind the decline in ERA price.
High volatility, significant influence from market sentiment.
Listings and airdrops have previously brought strong short-term gains, such as an increase of over 80% after being listed on Binance.
Once airdrop funds are released, the market will face selling pressure and corrections.
Supply pressure and centralization concerns.
The high proportion of team holdings, along with tokens that have not fully circulated, will increase selling pressure and raise concerns about centralization.
The macro environment remains weak.
Even with many major upgrades on the technical front, the overall market sentiment still dominates price direction.
Technology and ecological aspects
EigenDA V2 integration: EigenDA V2 has been integrated with EigenCloud as of August 7, 2025, significantly improving data availability performance (100 MB/s transfer rate, cost reduced by approximately 40%), with long-term development appeal.
Metalayer upgrade: New version of Metalayer launched on August 20, achieving optimistic Rollup and zk-Rollup cross-chain interoperability.
Industry expansion: for example, collaborating with XR content platform Mawari to expand into the spatial computing field.
These technologies and collaborations indicate that Caldera is steadily progressing towards a "modular chain ecology".
Community governance and incentives
ERA Force One community platform officially launched (August 13): Encourages long-term holding through an "air force rank" system, starting from the "Airman Basic" level, while the "General" level allows access to exclusive groups for direct communication with the team, which is expected to strengthen retention and trust building.
Market and risk control
Technological breakthroughs have not immediately affected price performance. The current market's short-term response is more influenced by macro factors.
Investor risks: If the price continues to break below short-term support (e.g., 0.94 USD), it may further explore lower ranges.
Applicable to medium and long-term strategies: tend to judge based on technological development and ecological implementation as core signals, rather than purely speculative trends.
ERA has indeed dropped below 0.8 USD, with the decline mainly due to airdrop realizations, market sentiment, and supply factors.
In the long run, the ecological foundation continues to strengthen (e.g., EigenDA, Metalayer, XR collaboration), showing development potential.
Innovations in community governance (ERA Force One) are expected to enhance holder trust and community activity.
Investment should take into account individual risk preferences, considering both short-term fluctuations and medium to long-term value perspectives before deciding on entry and exit timing.
