Should You Buy $LAYER Today?
Solayer (LAYER) Dominates Attention:
Recent exchange support (OKX, Binance) and bullish predictions suggest short-term upside .
Restaking narrative aligns with Solana’s growth, attracting institutional interest.
For Risk-Tolerant Investors:
Allocate a small portion to Solayer (LAYER) for exposure to Solana’s ecosystem. Monitor token unlocks and technical indicators closely.
Solayer (LAYER) Overview
Key Metrics: Current Price: $2.65 (6.5% 24h gain). Market Cap: $555M (ranked ~#113).
Circulating Supply: 210M LAYER (max supply: 1B).
Recent Performance: +97% over 30 days, with bullish technical indicators (RSI: 73.12, Fear & Greed Index: 61).
Price Predictions: Forecasted to reach $8.46 by May 2025 (+228% ROI) .
Use Case: Powers Solana’s restaking ecosystem, enabling developers to customize consensus and blockspace .
Risks: Token Unlocks: Recurring unlocks of ~297k LAYER (~$782k) could pressure prices .
Volatility: High price swings (18.6% volatility) common in speculative assets .