Solayer (LAYER) Soars 115% Amid Crypto Slump

Key Takeaways
The cryptocurrency Solayer (LAYER) has recorded a 115% price increase since April 2025 – despite an overall declining market. On May 4, the price rose by 12% in a single day to approximately USD 3.25. At the same time, trading volume increased by 135%. Data shows strong capital outflows from centralized exchanges, indicating possible accumulation. Optimism also prevails in the derivatives market: the long/short ratio stands at 1.22. Technical indicators suggest a continuation of the upward trend.
Solayer Defies Market Trend
While major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) posted losses on May 4, Solayer gained 12%. BTC dropped by 0.78%, ETH lost 0.25%, SOL fell by 1.56%, and XRP declined by 0.43%. In contrast, Solayer continued its upward trend and reached a new high of around USD 3.25.
Rising Trading Volume as a Signal
One particularly notable indicator is the sharply increased trading volume. Within 24 hours, it rose by 135% compared to the previous day. Such a surge points to growing interest and heightened trading activity – a classic sign of bullish market sentiment.
On-Chain Data Indicates Accumulation
According to analytics platform CoinGlass, approximately USD 22.5 million worth of LAYER tokens flowed out of centralized exchanges within 24 hours. These outflows are often seen as a sign that investors are securing their holdings and betting on rising prices – suggesting possible accumulation.
Derivatives Market Remains Optimistic
A clear trend is also visible in the futures and options market: the long/short ratio stands at 1.22. This means about 55% of traders are betting on rising prices, while 45% are speculating on declines. This ratio reflects a majority confidence in the continued price development of Solayer.
Technical Analysis: Breakout from Bullish Pattern
On the 4-hour chart, LAYER recently broke out upward from a so-called “bull flag” pattern. This chart formation consists of a strong upward move (the “flagpole”) followed by a consolidation phase (the “flag”). The breakout from this structure indicates a continuation of the uptrend. Current technical resistance and support zones are at USD 3.35 (resistance) and USD 3.10 (support).
You should read that too:
What’s Next for LAYER?
If the current trend continues, LAYER could rise by another 45% based on historical price patterns. The combination of strong trading volume, positive on-chain data, and bullish chart formations suggests a continuation of the uptrend. However, volatility remains high, especially near the mentioned support and resistance zones.
Our Assessment
Solayer is currently showing remarkable strength in a weak overall market. Both technical and fundamental data point to a sustainable upward trend. For investors seeking short-term opportunities, LAYER currently presents an interesting setup. However, long-term investors should also be mindful of the risks associated with a volatile market. Monitor price movements and market sentiment closely before making a decision.