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$LAYER Token unlock event
The Solayer (LAYER) token unlock event on Binance is scheduled for May 16, 2025, at 14:00 UTC (which is 16:00 CEST in Essen, Germany). This unlock will release 46,393,750 LAYER tokens, representing approximately 4.64% of the total supply.
These tokens are intended to support ecosystem growth initiatives, including:
Ecological incentives
Rewards for early users
Support for InfiniSVM developers
Launch of native products and growth plans
This follows a previous unlock on May 11, 2025, when 27.02 million LAYER tokens (about 12.87% of the circulating supply) were released. That event led to a significant price drop of about 35%, due to increased selling pressure.