Solayer ($LAYER ) has grown by 0.49% over the last 24 hours, showing the best performance against a stable cryptocurrency market (+0.18% over 7 days, -1.81% over 30 days). The main reasons are the growing interest in the restaking protocol based on Solana and reduced selling pressure after recent token unlocks.

The increasing interest in restaking — new DeFi applications $LAYER as the first restaking protocol on Solana are gaining popularity.

Technical recovery — the RSI indicator (40.1) in the oversold zone and the stabilization of the MACD indicate possible short-term recovery.

Reduced impact of unlocks — recent token unlocks ($17.3 million on August 11) have mostly been absorbed by the market.

The slight growth of $LAYER reflects cautious optimism regarding its restaking ecosystem, which helps offset macroeconomic challenges. Technical indicators hint at stabilization, but the project needs to continue expanding the use of AVS to justify holding tokens in anticipation of the next unlocks.#layer #Solayer #BuiltonSolayer @Solayer