I will briefly analyze the project, its introduction, and its direction, followed by a detailed analysis and investment insights. #Caldera
Caldera is a Rollup-as-a-Service (RaaS) platform that allows developers to easily deploy high-performance Layer 2 rollup chains on Ethereum. This project recently launched its native token ERA and is gaining market attention.
The total supply of ERA tokens is 1 billion, with an initial circulation of 148.5 million, accounting for 14.85% of the total supply.
Caldera has also developed the Metalayer protocol, which connects all chains into one network to achieve shared liquidity and cross-chain communication.
Market dynamics and price performance @Calderaxyz
Exchange listing:
Binance: Launched on July 17, 2025, with trading pairs including USDT/USDC/BNB, allocating 20 million ERA (2% of total supply) to BNB stakers. $ERA
Upbit: After the KRW trading pair launched on July 18, the price soared 60% in a single day, with high activity in the South Korean market boosting liquidity.
Gate.io/LBank: Simultaneously launched high-yield financial products (500% annualized) and airdrop activities to attract short-term funds.
Circulation: Initial circulation of 148.5 million (14.85%), with controlled selling pressure due to team/investor lock-up over the next year.