#Gate广场征文活动第二期 and #ERA

Caldera revolutionizes the traditional model of blockchain development through a four-layer modular design. Developers can freely combine execution layers (such as EVM, SolanaVM), data availability layers, and custom transaction fee tokens to achieve a "building block" chain construction. This flexibility significantly lowers the technical barrier; for example, game studios can focus on gameplay design without spending time configuring nodes and sorters. Its Metalayer protocol has also groundbreaking realized seamless transfer of cross-chain assets and data, solving the fragmentation problem between traditional Rollups and improving the interaction efficiency between different chains to the 2-second level.
By July 2025, Caldera will have supported over 60 real-time aggregation chains, with a TVL of 550 million USD, processing over 80 million transactions, and having more than 25 million transaction addresses. User penetration even exceeds leading L2s like Scroll and ZKSync. The recently completed Series A financing of 15 million USD (total financing of 25 million USD) will focus on the development of the Metalayer protocol, promoting the transition of the Ethereum ecosystem from decentralized construction to systematic collaboration, accelerating the scaling process of the Web.
To further expand the user base, Caldera has teamed up with Gate for in-depth cooperation to launch a series of ecosystem week activities:
CandyDrop Phase 50 (July 17, 23:40 - July 28, 00:00 UTC+8): Complete trading tasks to share 571,429 ERA. Users can participate by meeting the requirements through spot or contract trading.
BountyDrop event (July 18 - August 17): Users can share 142,857 ERA by completing interactive tasks, including on-chain operations, social sharing, and other diversified tasks.
Yubibao 7-day fixed-term financial management: annualized return up to 500%, total quota of 1.4 million ERA, limited purchase, providing users with short-term high-yield opportunities.
VIP Trading Competition: A prize pool of 40,000 USDT and an ERA token lottery pool are opened simultaneously. The event time is to be determined, suitable for high-frequency traders to participate.
Link to participate in the Eco Week event: https://www.gate.com/announcements/article/46169

Next, let's take a look at the current price trend of the ERA token.
Recently, the ERA price has shown a fluctuating adjustment trend. Today's data shows that after encountering multiple obstacles at $1.4249, ERA has pulled back, and the support at $1.3508 has not been effectively maintained. Currently, it is fluctuating in the range of $1.2637 to $1.3508.
The MACD histogram on the chart remains negative but is gradually narrowing, indicating an increase in bullish strength; the KDJ value is in the neutral range (49), and the market sentiment is one of cautious observation.
Personal trading strategy suggestions:
Wait for a pullback to $1.2637 without breaking or a false break below to go long, with a stop loss at $1.224 and targets at $1.3254 and $1.3629.
If it breaks above 1.3508 USD on the right side and then falls back, you can short it accordingly, with a stop loss at 1.3789 USD, and targets at 1.2824 USD and 1.2637 USD.
Caldera is reshaping the scaling landscape of Ethereum through technological innovation and ecological synergy. Its modular architecture, cross-chain interoperability, and deep collaboration with Gate provide developers and users with efficient and low-cost Web3 infrastructure. The current price fluctuations offer investors opportunities for high sell and low buy, while the multiple incentives from ecosystem weekly events provide a clear path for short-term participation.

In the long term, I personally believe that ERA is undoubtedly a good asset, supported by Caldera's technological advantages and ecological expansion potential.
The listing of Gate and several other leading exchanges has driven the price of ERA up by 82.32%. With the implementation of the Metalayer protocol and the influx of users from the ecological week activities, ERA is expected to establish new support in the range of $1.2 to $1.5, with medium to long-term targets looking towards above $2.0.