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ERA is being traded around $0.1023 on Gate, up +64.89% in the latest daily session. The token dropped to an absolute low of $0.0604 only a few days ago before this explosive rebound. The intraday range widened from $0.0633 at the low to $0.1163 at the high, with more than 8.17 million ERA tokens traded. This volume surge from an extremely oversold condition confirms that significant buying interest has emerged at the floor level.
What Is Caldera (ERA)?
Caldera is a leading Rollup-as-a-Service platform that enables developers to deploy custom Layer-2 or Layer-3 chains without building from scratch. Metalayer brings together the ecosystem across rollups. The ERA token is used for gas payments, staking security, and governance utility. As more applications launch chains on Caldera, structural demand for ERA increases#GUSDYieldRisesto3.8%