Token unlock event $LAYER

The token unlock event for Solayer (LAYER) on Binance is scheduled to take place on May 16, 2025, at 14:00 UTC (which is 16:00 CEST in Essen, Germany). This unlock event will release 46,393,750 LAYER tokens, representing approximately 4.64% of the total supply.

These tokens are intended to support ecosystem development initiatives, including:

Ecosystem incentives

Rewards for early users

Support for InfiniSVM developers

Launch of domestic products and development plans

This follows a previous unlock event on May 11, 2025, when 27.02 million LAYER tokens (approximately 12.87% of the circulating total supply) were released. That event resulted in a significant price drop of about 35%, due to increased selling pressure.