
Crypto Squirtle/机灵的杰尼君|Aug 18, 2025 11:34
Recently, I saw a highly popular project - TGE, which was immediately listed on Binance BNB HODLer. Subsequently, the token was also launched on Binance, Coinbase, and Upbit, three top tier exchanges. Yes, it's Caldera (ERA) @ Calderaxyz. This kind of treatment seems to be another top-level project.
What was the result? It is also quite in line with the trend of the Heavenly King level project. After going online, it reversed all the way and washed up the market. The circulating market value has just exceeded 140 million US dollars, and the FDV is less than 1 billion US dollars. No matter how you look at it, it doesn't quite fit its ranking.
After careful study, I feel that what Caldera is doing is very simple, but she has a great imagination:
Rollup Engine: With just one click, whether you're working on AI, DeFi, or gaming, you can launch a dedicated L2/L3 in just a few minutes.
Metalayer: Native cross chain communication, which not only connects the internal of OP Stack, but also enables different systems such as OP, Arbitrarum, zkSync to communicate with each other and complete cross chain communication in seconds. In the future, we will also connect Solana and Hyperliquid.
It's been a long time since I researched the technology, but now I can even send a chain with just one click? Coincidentally, ETH is gaining momentum and it's only a matter of time before reaching ATH. At this time, there is a chance to bring a wave of L2 market trend. Can I send an L2 to ride on the heat? Very good, very good.
The data is also good: nearly 1 billion transactions, over 30 million wallets, $400 million TVL, covering AI, RWA, Gaming, DePIN and other tracks in the ecosystem. We have secured $24 million in financing, led by Sequoia Capital, Dragonfly, and Founders Fund, with participation from well-known institutions such as SevenX Ventures, Alliance DAO, and 1kx. The ERA token itself is used for gas, governance, staking, and can also be stacked with ecological airdrops.
From the perspective of the market, ERA has been fluctuating around the support level of 0.9 recently. If it can effectively break through and stabilize at the psychological level of 1.0 in the future, it may be the starting point for a new wave of rebound. After all, being connected to the top three is not enough to cause such a rift. You can pay more attention to it.
***
This tweet does not constitute any investment opinion, DYOR
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink