The Solayer (LAYER) token, a Layer-2 protocol on Solana, crashed 34-40% from its all-time high of $3.39-$3.42 to $1.75-$1.94 (May 7, 2025). Main reasons:

• Sell-off by large investors (whales) and potential insiders

• Token Unlock of 43.4 million LAYER (worth $78 million) on May 11 and 16, raising concerns about increased supply

• Negative Funding Rates, leading to short selling

Highlights: Solayer offers the Emerald Card (crypto debit card), InfiniSVM (1 million TPS processing), and plans for Devnet/mainnet in 2025, showing strong long-term potential.#TradeStories #TradeOfTheWeek #NewsTrade