Let me tell you a true story! A friend made some money in mid-July, went to Thailand for vacation on the 20th, and posted on social media about bravely navigating the Mekong River, and now he hasn't posted anything for five or six days...
Brothers, safety is the most important thing. Don't show off just because you've made some money. If you want to ask me how he made money, I actually know quite a bit about it.
It was around July 16, Binance listed $ERA , and then a Korean exchange also announced its listing. Binance released the airdrop at 9:30 PM, which first traded at Alpha, then dropped to 0.6. He bought about 150,000 yuan worth and asked me to buy some too, claiming it was insider information from a good big brother of his, saying it would pump on the spot market. After a bit of thought and analysis, I felt the market cap was too large, so I decided not to buy, but I did reply 'Okay! Thanks, brother.' In the end, I didn't buy any and just received 150 airdrops from Alpha.
Who would have thought, after opening at 11 o'clock, this coin just kept rising, up above 2, at that time he liquidated everything, making about 500,000 yuan, all in less than 2 hours. He then asked me how much he made, and I could only force myself to say 'bought a little, made a bit, I'll treat you to a meal another day!' This made me regret, I rejected the wealth that was handed to me, and I decided to study this coin properly.
Caldera is an Ethereum-based Rollup-as-a-Service (RaaS) platform focused on providing developers with high-performance, customizable application-specific Layer 2 (L2) blockchain solutions. Its core innovation is Metalayer, a unified layer that connects Optimistic and Zero-Knowledge Proof (ZK) Rollups, facilitating interoperability, liquidity sharing, and resource coordination across Rollups while retaining the distinct characteristics of each Rollup.
Capital backing: Secured 24 million USD in funding from top venture capital firms like Sequoia Capital and Dragonfly Capital.
Exchange support: ERA is listed on major exchanges like Binance, Coinbase, KuCoin, with strong liquidity.
Current circulating supply is only 148.5 million (14.85% of total supply of 1 billion).
ERA price
Historical peak: On July 17, 2025, the price surged to 1.95-2.00 USD on the first day of listing, driven by listings on Binance and Coinbase, with a first-day increase of over 80%.
Current price: 1.11-1.14 USD, down about 41.5% from ATH, but up 34.1% from ATL.
Market cap: Approximately 165-169 million USD, ranked #256-#329.
Technical analysis
Support and resistance levels: Support level: 1.13-1.14 USD (near current price), if broken may test 0.85-1.00 USD.
Resistance level: 1.19 USD, if broken, may challenge 1.25 USD or higher (1.52-1.80 USD).
Moving Average (MA): Short-term MA (4 hours/1 day) is below long-term MA, trend is bearish.
Trading volume: After peaking at 2.3 billion USD post-listing, it has fallen back to 1.0-1.96 billion USD, still above average, indicating high market attention.
K-line pattern: Recently formed a bearish pattern (if it breaks below the 1.14 USD support level), but there are signs of a bullish triangle flag pattern in lower time frames.
Investment advice
Short-term (1-2 months): Mainly wait-and-see, waiting for the airdrop selling pressure to digest and the support level (1.13 USD) to stabilize. If the price breaks 1.19 USD, consider a small position for short-term trading, target 1.25-1.52 USD.
Mid-term (3-12 months): If the Caldera ecosystem continues to grow (e.g., TVL breaks 1 billion USD), can accumulate in batches in the 1.00-1.20 USD range, target 1.36-2.25 USD.
Caldera is a technology innovation-focused, clearly positioned L2 RaaS project, with Metalayer and modular design giving it a competitive edge in the Ethereum ecosystem. Although affected by airdrop selling pressure and market correction in the short term, ERA price oscillates in the 1.11-1.14 USD range, but its fundamentals are solid, and long-term potential is considerable.
Disclaimer: Cryptocurrency investments carry high risk, price forecasts are for reference only and do not constitute investment advice.
