The market value of Solayer’s LAYER token has exploded by 370%. This surge is largely fueled by bullish sentiment ahead of its upcoming launch of its public Devnet and an overall market recovery. Many analysts forecast the price of LAYER to soar far above its present-day price action. The token is currently flying high after recently gaining listings on various major centralized exchanges (CEXs). These were KuCoin, Gate.io, HTX, and Binance, all occurring just after its Token Generation Event (TGE) on February 11, 2025. LAYER’s recent performance highlights the increasing demand for its novel approach to restaking in the Solana ecosystem.

As of this writing, LAYER price is $3.15, showing a minor retracement from its ATH. According to analytics experts, the token could see itself climbing to $5.19 by the time we’re about to head into the second week of May 2025. This enthusiastic perspective is based not just on the project’s fundamentals but on the recent announcement of its upcoming public Devnet and other bullish signs.

LAYER's Market Performance and Key Milestones

LAYER had a rocky beginning as it hit its all-time low of $0.59 just seven days after its launch. After this first leg down, panic rally central was the order of the day. That moved the price up over $1.1 again, a level where it had floated from mid-March until the beginning of April.

LAYER price exploded on its launch day, nearly 11x’ing in value. After this limited total return, it rocketed from $1.3 trillion to $1.4 trillion in a breathtaking five-wave bullish technical pattern. This incredible wave of demand emphasizes the tremendous early interest and excitement around the token. It clearly illustrates the extraordinary investor confidence in Solayer’s vision.

The price soon reached highs of $3.16, marking more than a 400% explosion from its low in February. This massive increase shows that the token is poised for explosive growth.

Solayer's Technology and Vision

Solayer brings the concept of restaking to the Solana landscape. This opens the door for SOL holders to broaden their staked asset’s utility via a broader ecosystem of actively validated services. This new model has generated a tremendous buzz and excitement, as well as money.

The public Devnet aims to hit impressive performance benchmarks. Its end state is 50,000+ TPS and 100Gbps, with an atomic global state. This is a highly ambitious target and a testament to Solayer’s vision for a robust and scalable decentralized application infrastructure.

By integrating with Solana’s Proof-of-History, LAYER guarantees that restaking will never compromise network finality. Retrofitting is an essential piece of ensuring the integrity and security of the network. The project’s long-term success depends on its future realization of its stated goal of producing an InfiniSVM architecture of very high performance.

Governance and Funding

LAYER has a governance token which gives investors the opportunity to help shape LAYER’s future growth and share in decisions being made. This gives power to the community and helps ensure that over time the project develops in a direction that will be most beneficial to its users.

So far, Solayer has raised at least $35 million. This significant funding is allowing the project to grow and deploy its technology as quickly as possible. It further showcases the growing confidence that investors continue to show in the potential of Solayer.