Gate News, February 28 — According to CoinMarketCap data, at press time, LAYER (Solayer) is trading at $0.10, up 12.56% in the past 24 hours. The highest price reached $0.11, and the lowest dropped to $0.08. The current market cap is approximately $32.9 million, an increase of $3.67 million compared to yesterday.
Solayer is a hardware-accelerated high-performance SVM blockchain network, primarily utilizing InfiniSVM technology to achieve performance breakthroughs. The network supports over 1 million TPS, significantly surpassing Solana’s 7,000+ TPS and Monad’s 3,000+ TPS.
Solayer achieves near-zero latency network connections through RDMA and InfiniBand technology, bypassing traditional OS network stacks to optimize CPU load. It employs a multi-executor model for speculative transaction execution and concurrency optimization, introduces proof-of-stake consensus through transaction sharding and validator networks, and uses Solana as a backup consensus mechanism.
Main products include sSOL and native staking services, offering users the highest staking yields supported by hardware acceleration; sUSD, a stablecoin backed by U.S. Treasury yields with automatic compound interest; and Solayer Emerald Card, a global on-chain spending card supporting direct cryptocurrency spending and international payments. The ecosystem has gained trust from institutions including a16z.
Recent Driving Factors Analysis
The recent price increase of LAYER is mainly driven by:
1️⃣ Highlighted competitive advantage of high-performance technology architecture
As a hardware-accelerated SVM blockchain network, Solayer’s over 1 million TPS transaction capacity creates a significant competitive edge within the Layer 1 ecosystem. By 2026, high performance and low latency are becoming key market focus areas. Solayer’s technological breakthroughs position it as a leader among similar projects, attracting performance-sensitive applications and users.
2️⃣ Improved diversification of product ecosystem
Solayer has developed a comprehensive product matrix around staking, stablecoins, and on-chain payments. The launch of sSOL staking, U.S. Treasury-backed sUSD stablecoin, and global payment cards has evolved the ecosystem from a single infrastructure solution to a full financial ecosystem, increasing activity and user engagement, which in turn boosts token value recognition.
3️⃣ Institutional endorsement and ecosystem trust
Solayer has received investment support from top venture capital firms like a16z, reflecting recognition of its long-term development prospects. Institutional backing often has a demonstration effect in the market, helping to attract professional investors and institutional capital.
This news is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket will roll out its V2 trading engine and its native stablecoin, Polymarket USD, within the next 2–3 weeks.
Polymarket announcement: a major upgrade is planned in the next 2–3 weeks, including rebuilding the trading engine, introducing Polymarket USD, optimizing order-matching efficiency, and more. This upgrade is the largest scale since the platform launched, and it will improve trading efficiency while reducing users’ concerns about non-official assets.
GateNews56m ago
Top 100 tokens by market cap: Gainers and losers—ENA is up 8.41% leading the pack, while DEXE is down 2.93% at the bottom
On April 6, the performance of the top 100 cryptocurrencies showed the largest gain and loss: Ethena (ENA) had the highest increase at 8.41%; DeXe (DEXE) had the highest decline at 2.93%. Overall market volatility was evident.
GateNews1h ago
Precious metals fall broadly; ETH volatility index EVIX drops 3.7% intraday
On April 6, gold prices fell to $4,675.42 per ounce, and silver prices were $72.681 per ounce. In the crypto market, the BTC and ETH volatility indexes were 47.66 and 67.41, respectively. In the FX market, the U.S. dollar versus the Chinese yuan and the Japanese yen edged down, European stock indexes generally declined, WTI crude oil rose, and Brent crude oil fell. The Gate platform supports trading for a variety of financial market products.
GateNews3h ago
CoinDesk 20 performance update: NEAR Protocol (NEAR) jumps 8.1% over weekend
CoinDesk Indices reports a daily update on the CoinDesk 20 Index, which is trading at 1968.74, up 3.5%. Seventeen assets have gained, with NEAR leading at +8.1% and BCH as the laggard at -0.6%.
CoinDesk4h ago
Robinhood private fund drops 16% early on, then rebounds 30%; it may face the impact of mega IPOs like SpaceX
Robinhood’s private-market fund Robinhood Ventures I, introduced by Robinhood, has rebounded by about 30% after an early dip. The fund aims to give retail investors opportunities to invest in late-stage shares of private, not-yet-listed companies. Analysts have warned that a potential IPO could cause short-term volatility, but the负责人 said there are still long-term investment opportunities.
GateNews5h ago
Crypto Market Sees Wider Rebound As $ETH and $BTC Lead Gains Despite Fearful Sentiment
The crypto market experienced a 2.23% gain, reaching a $2.36T market cap, with Bitcoin and Ethereum rising 3.17% and 3.78%, respectively. Notable gainers included $TRUMP, $GROK, and $MAGA. DeFi TVL increased by 1.72%, while NFT sales rose 5.79%. HypurrFi warned users of domain hijacking, and Apple removed Bitchat from China.
BlockChainReporter6h ago
