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We are Listing Solayer (LAYER)

February 14, 2025
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2 min

Solayer is a hardware-accelerated blockchain network engineered to improve the performance of decentralized applications (dApps) on the Solana ecosystem. By using technologies such as InfiniBand, Software-Defined Networking (SDN), and a multi-executor model, Solayer aims to scale the Solana Virtual Machine (SVM) to achieve unprecedented throughput and near-zero latency. The network's primary product, InfiniSVM, is designed to handle up to 1,000,000 transactions per second (TPS).

Developers can utilize Solayer to boost their dApps' performance by securing reliable block space and prioritizing transaction inclusion, addressing common challenges faced on the Solana network. For users, Solayer offers opportunities to deposit their SOL or Liquid Staking Tokens (LSTs) into Solayer's vault, securing network bandwidth for dApps while earning additional yield on their assets.

What is the LAYER token?

LAYER serves as both the native token for InfiniSVM and the governance token for Solayer’s suite of protocols. Token holders can participate in protocol upgrades, key ecosystem initiatives, and other governance activities. Additionally, LAYER has utility across the entire Solayer ecosystem, with future use cases including participation in Proof-of-Stake consensus for decentralized verification, acting as the gas token for transactions on the Solayer network, and rewarding verifiers who secure the network.

Here are some of the token key aspects you should consider:

  • Trading Volume (24h): The trading volume of LAYER in the past 24 hours is $750.05 million.
  • Circulating Supply: The circulating supply of LAYER is 210 million tokens.
  • Total Supply: The total supply of LAYER is 1 billion tokens.

Trade LAYER

Join the Solayer ecosystem and participate in the future of hardware-accelerated blockchain technology. Head over to our trading page to secure your LAYER tokens today.

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Katya V.

Katya is one of Tothemoon's skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.