Cryptocurrency exchanges Binance and Upbit have announced the listing of Solayer (LAYER) token. Trading will commence today, with BNB holders receiving an airdrop for participation in the Simple Earn program.
LAYER Listing on Exchanges
Binance announced the listing of the Solayer (LAYER) token on its platform, opening trading today for pairs LAYER/BTC, LAYER/USDT, LAYER/USDC, LAYER/BNB, LAYER/FDUSD, and LAYER/TRY. Additionally, South Korea's largest cryptocurrency exchange, Upbit, will support LAYER on BTC, KRW, and USDT markets. Other cryptocurrency exchanges including Gate.io and KuCoin have also announced plans to add LAYER support.
LAYER HODLer Airdrop Details
Binance has announced a total token supply of 1 billion LAYER. The HODLer Airdrops will distribute 30 million LAYER tokens, accounting for 3% of the total token supply. An additional 20 million tokens will be allocated for marketing campaigns three months post-listing. At the time of Binance's listing, the circulating supply will be 210 million LAYER, making up 21% of the total supply. There will be a zero listing fee, and the smart contract will launch on Solana.
What is Solayer (LAYER)?
The Solayer project introduces the first hardware-accelerated network, capable of 'infinitely scaling'. According to its official website, it provides blockchain throughput exceeding 1 million TPS. This performance is achieved through technologies such as RDMA, InfiniBand, and Software-Defined Networking (SDN). Solayer's network capacity supports the next billion users and trillions of AI agents, offering seamless UX with chain abstraction and application scalability.
The listing of Solayer on Binance and Upbit presents new opportunities for crypto investors. The project's technological innovations aim to shift market standards, enhancing transactional speeds and scalability through state-of-the-art technologies.