Recently, the development of the Solayer ecosystem has attracted attention in the industry. The LAYER token is currently hovering around $0.58, and although there has been a brief rebound, it has not yet returned to its previous high. From a technical analysis perspective, while the Relative Strength Index (RSI) has moved out of the oversold area and the price is temporarily stabilizing above the support level, the 30-day moving average still poses pressure, and only a breakthrough at $0.65 could potentially initiate a real reversal.

In terms of project development, Solayer is fully committed to advancing the development of its InfiniSVM hardware-accelerated chain, striving to achieve the ambitious goal of processing one million transactions per second (TPS). Currently, its development network has successfully tested a processing speed of 100,000 transactions per second, which is undoubtedly an important milestone. Additionally, Solayer is actively developing modular Rollups and command-line interface (CLI) development tools to enhance the appeal and practicality of its ecosystem.

It is worth mentioning that the LAYER token has been included in the listing plan of Coinbase exchange. If it can go live on this mainstream trading platform as scheduled, it is very likely to bring significant liquidity improvements and broader market attention.

However, investors should also be wary of the upcoming token unlock event. Approximately 17 million USD worth of LAYER tokens will be released this week, which may exert some selling pressure on the market. Past experience shows that such large-scale token unlocks often have a short-term negative impact on prices.

Overall, the technological progress of the Solayer project is remarkable, but the token price still faces multiple challenges. While investors are paying attention to the project's potential, they also need to cautiously assess short-term market risks.