Solayer (LAYER), a second-layer solution based on Solana focused on scalability via ZK rollups, experienced a sharp decline of about 23%, even after a promising launch that raised over $33 million in pre-sale. This correction may reflect a combination of profit-taking by early investors, low liquidity in the secondary market, and uncertainties regarding the technical execution of the project's roadmap.
Although the recent performance generates caution, the concept of Layer 2 remains central to the future of blockchains, especially with the increasing adoption of solutions like Arbitrum, Optimism, and StarkNet. The recent Pectra update of Ethereum reinforces this movement by improving compatibility and performance of second-layer networks. Thus, despite the volatility, projects like Solayer may still have room for recovery and growth, depending on their technological delivery and market adoption.
Would you like me to compare Solayer with other more established Layer 2 solutions?
