The newly launched ERA token from the Caldera ecosystem has quickly become one of the most talked-about assets of the week. Following its listing on Binance and the announcement of an airdrop, the token's price more than doubled in a single day. The project is backed by Sequoia and Dragonfly, and major exchanges including Coinbase and Upbit have already joined in. ERA serves as the native asset for modular blockchain infrastructure and is rapidly gaining liquidity.
Caldera Moves Into the Top Ethereum and BNB Chain Infrastructure Projects
ERA is the native token of Caldera, a platform for launching scalable rollup solutions on top of Ethereum and BNB Chain. Currently, over 50 rollup chains are operating on the network, and the number of wallets has exceeded 27 million. The total value of assets in the ecosystem is estimated between $400 million and $600 million.
The token is used to pay transaction fees, participate in validation, and govern the project through voting. The total supply is capped at 1 billion, with 14,85% of the supply unlocked at launch. The airdrop will distribute 7%, and 20 million tokens are allocated for marketing. The vesting schedule includes a one-year lockup followed by two years of linear unlocking.
Binance HODLer Airdrop
On July 17 at 15:30 UTC, ERA began trading on Binance in pairs with USDT, USDC, BNB, FDUSD, and TRY. At the same time, the HODLer Airdrop went live: 20 million tokens (2% of total supply) will be distributed to users who held BNB in Simple Earn and On-Chain Yields products from July 1 to July 5.
Binance also enabled support for margin and futures trading, fiat purchases, and the Binance Convert feature. Within 24 hours of listing, the token surged from $0.85 to $1.88 - a +120% increase.
Upbit and Coinbase Join Caldera
On July 18, ERA will launch on South Korean exchange Upbit, with trading pairs in KRW, BTC, and USDT. Deposits and withdrawals will only be available on the Ethereum network. Large transfers (over ₩1 million) will require Travel Rule compliance checks.
Coinbase also announced support for Caldera (ERA) as an ERC-20 token on Ethereum. Deposits are now open on Coinbase and Coinbase Exchange in jurisdictions where trading is available.
ERA Ranks Among the Top Tokens by Volume
Daily trading volume has exceeded $1.3 billion, and the current price remains around $1.47 - a +70,41% gain for the day. ERA has been given a Seed Tag on Binance as a potentially high-growth asset. With strong backing from major exchanges and growing activity within its ecosystem, the token is rapidly gaining traction in the market.
