Solayer Token Rallies 15% Amid Surging Volume

LAYER, the native token of Solayer Labs – the team behind Solayer, a crypto restaking protocol built on Solana – jumped 15% on Tuesday amid rising investor interest and growing bullish sentiment. The token spiked to $3.20, raising its market capitalization to approximately $673 million, according to CoinGecko. This reflects a 63% increase over the past week and a 104% gain over the past month. Trading volume also surged, reaching $288 million in the past 24 hours – a 62% increase compared to the previous day. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant