Caldera ERA token is up 85% after listing on top exchanges, including Binance. The massive ERA airdrop also boosted demand. Caldera is building a RaaS for Ethereum and the BNB Chain.
Bitcoin is trading above $120,000, and when everyone had dismissed Ethereum, the coin, along with XRP, is up double digits. Ethereum is up nearly 17% in the past week, while XRP, after gaining 12% in the past 24 hours, has pushed weekly gains to over 36%.
While these blue-chip cryptos dominate headlines, pumping after the success of the GENIUS Act and the forwarding of the CLARITY Act to the Senate for discussion, investors are closely monitoring , the token behind the multichain rollup project Caldera.
ERA Jumps 85% After Launch
ERA crypto is among the top performers at press time, securing a spot among the next cryptos to explode after surging nearly 85% yesterday.
According to Binance data, ERA is now stable, but buyers are firmly in control.
The token is trading at over $1.50, soaring from around $0.16 when it listed on top exchanges, including Binance.
Technically, the uptrend remains strong. ERA may extend gains, riding favorable crypto sentiment and a supportive candlestick pattern.
If bulls clear the psychological level of $2, ERA crypto could soar to $3 and outperform some of the top Solana meme coins.
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What is Caldera?
Behind ERA is Caldera, a rollup-as-a-service (RaaS) solution designed to scale Ethereum and the BNB Chain.
The platform enables developers to deploy customizable, high-performance rollups quickly.
Caldera allows developers to launch layer-2 solutions for Ethereum and the BNB Chain via its Metalayer.
Metalayer is an interoperable protocol that unifies the Optimistic and Zero-Knowledge frameworks used by Arbitrum, Optimism, and zkSync.
Through Metalayer, developers can seamlessly move assets, capital, and data across chains in a secure layer.
Caldera has partnered with Relay, Hyperlane, Eco, and Across to facilitate asset bridging across multiple chains.
Metalayer addresses the fragmentation challenges that have long plagued the Ethereum layer-2 landscape.
As of July 18, 2025, Ethereum layer-2 solutions manage over $40 billion, a figure expected to grow as the mainnet gains adoption due to supportive regulatory frameworks in the United States and globally.
Currently, Caldera supports over 50 rollups, powering projects like ApeChain, Kinto, Sanko, and Manta.
Through these rollups, Caldera manages over $1 billion in assets, processing over 360 million transactions from the more than 10 million wallets.
The settlement layer includes Ethereum, Base, and Arbitrum, while users can customize data availability through Ethereum, AnyTrust, Celestia, and Avail.
Why is ERA Rallying?
While Caldera aims to build the “internet of chains,” the project is backed by major venture capital, including DragonFly.
Its immediate listing on top exchanges, such as Binance and Upbit, has boosted liquidity, allowing millions of traders to gain exposure and hold ERA.
Coinciding with the token’s listing on top exchanges was an airdrop campaign by the Caldera Foundation.
They allocated 7% of the total supply, or 70 million ERA, to early users, testnet contributors, and other ecosystem partners.
Claiming opened on July 17, 2025.
Additionally, more ERA tokens were distributed via Binance, where 20 million ERA were airdropped to BNB holders subscribed to the exchange’s Simple Earn products.
Get ready! Binance Alpha will be the first platform to feature Caldera（ERA）on July 17.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
Please stay tuned to Binance’s… pic.twitter.com/31DtY13YY3
— Binance (@binance) July 15, 2025
Due to these airdrops, ERA surged immediately upon listing, breaking $1.50.
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Caldera ERA Crypto Skyrockets 85% After Binance Listing
- ERA crypto rallying, up 80% in less than 36 hours
- Traders targeting $3 if buyers press on
- Caldera is a RaaS for Ethereum and the BNB Chain
- ERA airdrop by the foundation and Binance drove demand
The post Caldera ERA Crypto Surges 80%: Is the Mega Rally Just Getting Started? appeared first on 99Bitcoins.
