#CreatorPad What Is Solayer & the LAYER Token?

$LAYER Solayer is a Layer-2 (L2) protocol built on the Solana blockchain that leverages hardware acceleration—including programmable switches, FPGAs, RDMA, and InfiniBand—for ultra-high throughput and extremely low latency, targeting up to 1 million+ TPS and 100 Gbps+ network bandwidth .

🎢 It operates as a restaking protocol, enabling users to restake staked SOL or liquid staking tokens (like sSOL) to support additional network functions and generate extra rewards .

👉Market Performance & Price Movement

✅All-time high (ATH): Approximately $3.40–$3.42 reached in early May 2025 .

Crash and volatility:

✅Following the ATH, LAYER dropped sharply—down ~40–60% within days during early May 2025 .

✅The decline was largely attributed to a significant token unlock (~13% of supply, ~27 million tokens) on May 11, which increased inflation and sell pressure