What is the current price of Solayer (LAYER)?

The current price of Solayer (LAYER) is 3.5677080354087884 AUD, representing a +8.75 from the day prior.

Can I buy Solayer (LAYER) on Coinstash?

Yes - you can easily buy and sell Solayer (LAYER) on Coinstash. Simply login or sign up, to start buying Solayer (LAYER) in minutes.

Where is the best place to buy Solayer (LAYER) in Australia?

The best place to buy Solayer (LAYER) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Solayer (LAYER) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Solayer (LAYER)?

The trading volume of Solayer (LAYER) is 261.0M AUD in the last 24hrs, representing a +8.75 from the day prior.

How can I buy Solayer (LAYER)?

Solayer (LAYER) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Solayer (LAYER)?

The current market cap of Solayer (LAYER) is 744.0M AUD.

Can I convert Solayer (LAYER) to cash?

Yes - With Coinstash you can convert your Solayer (LAYER) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Solayer (LAYER) are there?

The current circulating supply of Solayer (LAYER) is 210.0M.

Is Coinstash a safe place to buy Solayer (LAYER) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Solayer (LAYER) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Solayer (LAYER)

What is Solayer (LAYER)?

Solayer (LAYER) is a Solana-based restaking protocol designed to improve blockchain security, scalability, and decentralised application (dApp) performance. It allows users to restake SOL tokens or Liquid Staking Tokens (LSTs), enhancing network efficiency and security while optimising asset returns. By introducing innovative staking mechanisms, Solayer strengthens the Solana ecosystem for developers and users alike.

How does Solayer (LAYER) work?

Solayer operates on the Solana blockchain, leveraging a hybrid Proof-of-Authority (PoA) and Proof-of-Stake (PoS) consensus mechanism for improved speed, scalability, and security. Key components include:

Shared Validator Network (SVN) – Efficiently distributes resources across the network.
Actively Validated Services (AVSs) – Enhances security by validating multiple decentralised services.
Stake-Weighted Quality of Service (swQoS) – Prioritises transactions based on stake weight.
High-performance transaction processing – Uses Block-STM for parallel execution and InfiniBand RDMA for fast data transfer.

Smart contracts automate governance and transaction processing, ensuring efficient staking, validation, and dApp optimisation.

What are the potential use cases for Solayer (LAYER)?

Solayer enhances Solana’s scalability and efficiency, making it valuable for:

dApp performance optimisation – Reducing latency and improving user experience.
DeFi liquidity solutions – Supporting yield farming, staking, and lending protocols.
Gaming and high-demand applications – Enabling seamless, real-time transactions for blockchain-based games.

Although no specific partnerships have been announced, Solayer's integration within the Solana ecosystem suggests potential collaborations with Solana-based projects.

What is the history of Solayer (LAYER)?

Solayer was developed by a team of experienced blockchain developers, though specific details on its founding date remain undisclosed. Key milestones include:

Launch of the Solayer protocol on the Solana blockchain.
Introduction of the hybrid PoA + PoS consensus mechanism to enhance security and scalability.
Implementation of the Shared Validator Network (SVN) and Actively Validated Services (AVSs) for efficient resource allocation.

As a leader in Solana ecosystem scalability and security, Solayer continues to evolve rapidly, focusing on restaking innovations, efficient resource management, and high-performance blockchain applications.