LAYER by Solayer: The Solana meta is making a strong comeback

The Solana meta is making a strong comeback, with new, utility-driven cryptos like LAYER fueling the charge. Mentioned in a report by Benzinga, the native token of a restaking protocol Solayer, has shown remarkable bullish strength over the past seven days, soaring by nearly 60% to set a new ATH of $3.16.

While it has since stabilized around $3.15, a zoomed-out look at the 4-hour timeframe indicates that the crypto asset could be gearing up for another big move, perhaps to new all-time highs.

What is Solayer?

Solayer brings the concept of restaking to the Solana landscape, allowing SOL holders to extend the utility of their staked assets through actively validated services.

Similar to what EigenLayer is doing on Ethereum, Solayer redistributes staked SOL to make the Solana network more secure and decentralized, which in turn, enhances the performances of on-chain applications.

Liquid staking tokens like mSOL and JitoSOL can be restaked alongside SOL on Solayer, providing additional opportunities for stakers to amplify their rewards.

A key aspect of this protocol is its integration with Solana’s Proof-of-History, which ensures that restaking does not affect network finality.

Solayer is also acting as an hardware-accelerated blockchain, leveraging its InfiniSVM architecture to address the major pain points of Solana, including network congestion and outages.

At the core of Solayer is LAYER, a governance token that allows investors to contribute to its future growth and partake in decision-making. The token was launched through the Binance HODLer Airdrops program on February 11, 2025.

Solayer Price History

Shortly after its TGE on February 11, LAYER secured multiple listings on tier-1 CEXs like KuCoin, Gate.io, HTX, and Binance. Its price saw a five-wave upward movement the same day, soaring from its listing price of $1.3 to $1.4.

However, it wasn’t long before the token started experiencing a downward spiral, fueled by heavy selling pressure from early investors. And within seven days of its debut, LAYER had already reached its all-time low of $0.59.

A panic rally then pushed it back above $1.1, a level at which it traded between March and early April. And by mid-April, LAYER started a huge bullish move that eventually took its price to a peak of $3.16, representing over 400% rally from its February low.

The current price of $3.15 reflects a slight pullback from the ATH, but given the bullish conditions in the broader crypto market, many believe the next big move is on the horizon.

LAYER Price Prediction

Short-Term

LAYER’s recent pump is closely linked to the broader market recovery as well as the anticipation around the launch of the protocol’s public Devnet—which will target 1M+ TPS, 100Gbps while maintaining an atomic state.

The public Devnet, according to reports, will go live before the end of Q2 2025, while the mainnet is expected in the latter half of the year. If successful, Solayer could create a practical architecture that addresses real issues plaguing Solana during heavy traffic loads.

This is why $LAYER price is increasing?

If anything, investor sentiment toward LAYER has flipped bullish in recent weeks. Most importantly, the token’s technicals, especially on the daily timeframe, show a major wave in purchases, suggesting that more upward movement could be in the pipeline if the bulls persist.

As market enthusiasm improves, experts believe the token could climb as high as $5.19 before the second week of May 2025.

Long-Term

Long-term growth for LAYER depends on its ability to stick to its plan of creating a high-performance InfiniSVM architecture that completely redefines and unlocks the full potential of Web3.

The next development stages, from public Devnet to mainnet, will be crucial in determining the platform’s commitment to delivering on the promise.

But in the event that it succeeds, Solayer could position itself as a key player in an increasingly competitive blockchain environment. This would place the LAYER price significantly higher than its current levels.

Is LAYER a Good Investment?

Considering the ongoing development around its InfiniSVM project, experts at Coinsumer view $LAYER among the coins poised for sustained upward growth in the next bull cycle. However, it is not the only game in town.

Another Solana-based coin that has been making headlines and attracting huge demand is Solaxy—thanks to its strong technological foundation and staking perks.

Much like Solayer, Solaxy has been built to help the Solana blockchain become more efficient