Solayer is on the market as a new Layer-2 scaling solution integrated into the Solana ecosystem. The project had a relatively good day after the stock market listing at a time when the general crypto market decline continued.
Layer Token Performance
Layer Token seems to have made significant profit in recent weeks within the scope of price movements that are wavy since the launch. There has been a significant increase in token value compared to last week, and the rise of 18 percent in the last 24 hours is remarkable. The possibility that this increase may depend on an increase in investor interest.
Singapore -based Bitget, Seycheller -based Mexc, San Francisco -based Kraken and Hong Kong -based Hashkey Global, such as the layer tokens list, may have expanded the market access of the project. It would not be wrong to say that these stock market listing contributes to the confidence in the market.
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Solayer (Layer)
Solayer is a blockchain that aims to provide high transaction volume by “targeting” the capacity to make one million transactions per second. The focus of the project is to provide solutions to increase the speed and reliability of transactions while reducing costs.
Project Authority: “Solayer is a protocol created to improve performance for developers. It aims to increase the reliability of network access and reduce costs. ”
Layer Token is slightly below the highest level of all times determined after the launch. According to CONKECKO data, token does not reach its highest value, but existing earnings rates are remarkable. Technological developments and increasing stock market integrations keep hopes for the future performance of the token.
The project offers solutions to reduce transaction costs in digital environment with its structure aiming to improve the performance of decentralized applications. It is predicted that developers may be interested in the project and the use of technological infrastructure may expand.
The observed increase may reflect the effect of the technological infrastructure and market integration of the project. While the listing news and the increase in transaction volume attract investors’ attention, the inability of the token to the highest level of all time may also require market fluctuations.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
