Solayer Launches Public Testnet for Margin Trade

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 4 days ago

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Platform Launch: Solayer has announced the public testnet for Margin Trade, a Solana-native perpetual trading platform designed to support unified margin across multiple asset classes, enhancing capital efficiency.
Technical Background: Developed by Solayer Labs alongside former traders from Citadel and Kraken, the platform features a single-collateral system that integrates digital assets with traditional market instruments, boosting market competitiveness.
Market Expansion: Margin Trade will offer access to crypto perpetual markets and commodity contracts covering Gold, Silver, and Oil, while introducing the MT500 synthetic index aimed at providing broad exposure to the U.S. equity market.
User Engagement: Solayer plans to enhance user participation through trading competitions, ranking features, and referral-based incentive programs, driving ecosystem growth and further expanding its product suite.

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Technical Analysis for LAYER

Technical Sentiment Analysis for Solayer (LAYER). As of , Solayer (LAYER) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LAYER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, LAYER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Solayer (LAYER) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0711	0.0783	0.0849	0.0921	0.0987	0.106	0.113
Fibonacci	0.0783	0.0836	0.0868	0.0921	0.0974	0.101	0.106

About LAYER

Solayer is the first hardware-accelerated blockchain that offloads blockchain components onto programmable chips to target 1MM+ TPS and 100Gbps+ network bandwidth, enabling near-zero latency use cases. Solayer’s InfiniSVM architecture infinitely scales the SVM leveraging SDN, RDMA, and dedicated hardware like InfiniBand technology together with a multi-execution model to increase bandwidth and reduce latency.LAYER is the native governance token that is used for: Protocol upgrades, such as adding supported assets Treasury management, such as diversification Key ecosystem initiatives, such as grants

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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