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Solayer

Solayer Performance

Live LAYER/INR Price

₹9.824

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5.27%

Price Changes

₹0.5177248

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5.27%

24h Low

₹9.816

24h High

₹10.537

What is SOLAYER (LAYER)?

SOLAYER (LAYER) is a Layer-2 blockchain built on top of Solana. Solayer is the first restaking platform on Solana and the first hardware-accelerated SVM blockchain. Solayer is designed to enhance Solana’s security and scalability. Solayer’s InfiniSVM architecture is designed for next-generation applications that require high throughput, low fees, and a seamless, composable environment.

Who founded SOLAYER (LAYER)?

SOLAYER (LAYER), a native restaking protocol on the Solana blockchain, was founded by Solana co-founders Anatoly Yakovenko and Raj Gokal.

Primary features of SOLAYER (LAYER)

• LAYER token: The LAYER token can be traded on exchanges and used for governance, network security, and transaction fee payments on the Solayer network.

• Layer-2 network built on Solana: Solayer seeks to enhance Solana’s scalability, security, and data bandwidth. 

• Ecosystem role: Solayer, Solana’s first restaking protocol, boosts network security and dApp functionality, making it a key infrastructure layer.

Is LAYER a promising crypto?

SOLAYER (LAYER) is a Layer-2 blockchain built on top of Solana. Solayer is the first restaking platform on Solana and the first hardware-accelerated SVM blockchain. Solayer is designed to enhance Solana’s security and scalability. Solayer’s close ties with the Solana ecosystem would boost LAYER’s utility as a restaking token. 

You can buy LAYER from crypto platforms like CoinSwitch.

How do I use LAYER?

• LAYER can be bought and traded on crypto platforms like CoinSwitch. 

• LAYER tokens are used as an incentive for validators within the Shared Validator Network.

• Token holders can participate in protocol upgrades, vote on governance proposals, and help guide the project’s direction.

Pros & Cons of SOLAYER (LAYER)

Pros

• SOLAYER is built on the Solana blockchain.

• Close ties to Solana’s founders and restaking focus are promising.

• Solana ecosystem’s growth will boost LAYER’s utility as a restaking token.

Cons

• LAYER is subject to market volatility like all cryptos.

• Competition from restaking protocols could impact demand.

• Solayer is an improvement layer and therefore depends on the stability of the Solana mainnet.

How to trade SOLAYER on CoinSwitch?

• Start investing in SOLAYER with just ₹100.

•CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

SOLAYER (LAYER) ICO summary

SOLAYER held its ICO on January 13, 2025. 21% of tokens were in circulation at launch. In February 2025, Solayer airdropped 12% of the total supply to Solayer community members, integration partners, and liquidity providers. Tokenomics is as follows: Community and Ecosystem (51.23%), Core Contributors (17.11%), Investors (16.66%),  and Foundation (15%). Binance Labs, Polychain Capital, and Hack VC are among the prominent investors in Solayer. 

FAQ's on Solayer

1. What is SOLAYER (LAYER)?

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SOLAYER (LAYER) is a Layer-2 blockchain built on top of Solana. Solayer is the first restaking platform on Solana and the first hardware-accelerated SVM blockchain.

2. What are the key features of SOLAYER?

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Solayer is a restaking platform on Solana. Solayer seeks to boost the scalability and liquidity of the Solana network.

 

3. Is SOLAYER a promising crypto?

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Solayer has close ties to Solana’s founders, and restaking focus is promising. Solana ecosystem’s growth will boost LAYER’s utility as a restaking token. 

 

4. How can I buy and use SOLAYER?

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You can buy and trade LAYER on platforms like CoinSwitch, starting with as little as ₹100. 

Highlight

SOLAYER (LAYER) is the first restaking platform on Solana and the first hardware-accelerated SVM blockchain. Solayer is designed to enhance Solana’s security and scalability. LAYER is the native token of the Solayer project, issued on the Solana blockchain.

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Solayer Price Statistics

LAYER Price Today

LAYER Price

₹9.824

Price Change 24h

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5.27%

Price Change 7d

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17.53%

Market Rank

#434

Market Cap

₹459 Cr.

Trade Vol 24h

311 Cr

Circulating Supply

45 Cr. LAYER

Trading Activity

82% Buy18% Sell

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.