Latest Solayer (LAYER) Price Analysis

By CMC AI
24 February 2026 03:30PM (UTC+0)

Why is LAYER’s price down today? (24/02/2026)

TLDR

Solayer is down 2.22% to $0.0811 in 24h, moving in line with a broader crypto market sell-off primarily driven by a macro risk-off sentiment. It shows a close beta to Bitcoin, which fell 2.96% over the same period.

  1. Primary reason: Broader market downturn fueled by geopolitical and macro anxiety.

  2. Secondary reasons: Sector-wide pressure on layer-1 and Solana ecosystem tokens.

  3. Near-term market outlook: If Bitcoin stabilizes above $63,000, Solayer could consolidate near $0.08; a break below risks a test of $0.075 support.

Deep Dive

1. Macro Risk-Off Sentiment Drags Market Lower

The primary driver is a market-wide downturn. Bitcoin fell nearly 3% as risk-off sentiment intensified due to geopolitical tensions and new U.S. tariff measures (Coindesk). This triggered liquidations and a flight to safety, pulling down altcoins like Solayer which traded as a high-beta asset.

What it means: Solayer’s move was not coin-specific but a reflection of fragile macro conditions impacting crypto liquidity.

Watch for: Bitcoin’s ability to hold the $63,000 level, as a break lower could accelerate selling across altcoins.

2. Sector and Ecosystem Pressure

Layer-1 tokens faced pronounced selling, with peers like Aptos (APT) and Sui (SUI) down 5–8% in 24h amid thinning altcoin liquidity. Furthermore, negative sentiment around the Solana ecosystem, highlighted by the shutdown of Step Finance after a $27 million hack, created indirect headwinds for Solana-affiliated tokens.

What it means: Solayer faced a double headwind from a weak altcoin sector and stressed ecosystem narratives.

Watch for: Any recovery in major layer-1 tokens, which could signal improving risk appetite for the sector.

3. Near-term Market Outlook

With no Solayer-specific catalyst visible, its path is tied to Bitcoin and overall market structure. Immediate support sits near $0.075, with resistance at $0.085. If Bitcoin reclaims $65,000, it could relieve pressure and allow Solayer to retest $0.085. However, if Bitcoin breaks below $63,000, Solayer may quickly target the $0.075 support zone.

What it means: The bias remains cautiously bearish, contingent on Bitcoin’s next directional move.

Watch for: Bitcoin’s price action around $63,000 and changes in total crypto market cap, which directly influence altcoin liquidity.

Conclusion

Market Outlook: Bearish Pressure Solayer’s decline is a symptom of broad market de-risking, amplified by weak sector performance. Until macro fears ease or Bitcoin finds a firm bid, altcoins like Solayer remain vulnerable.

Key watch: Can Bitcoin stabilize above $63,000, or will a breakdown trigger another wave of altcoin liquidations?

Why is LAYER’s price up today? (21/02/2026)

TLDR

Solayer is up 2.91% to $0.0890 in 24h, outperforming a modestly positive broader market, primarily driven by a surge in trading volume indicating fresh buying interest.

  1. Primary reason: A significant 77% spike in 24h trading volume to $12.7M, which confirms the price move was backed by increased market activity and potential accumulation.

  2. Secondary reasons: A broader shift toward altcoins, as indicated by a 16% daily jump in the Altcoin Season Index, coupled with a slight tailwind from a 0.72% rise in total crypto market cap.

  3. Near-term market outlook: If buying volume sustains above the $12.7M level, a test of the $0.095–$0.10 resistance zone is likely. A failure to hold above $0.085 could see a retest of recent lows near $0.08.

Deep Dive

1. High-Volume Buying Pressure

Overview: The most concrete driver is a 77.46% surge in 24-hour trading volume to $12.72 million, far outpacing the price gain. This high volume confirms the uptick was supported by substantial capital flows, not a thin-market anomaly. What it means: The move has stronger conviction behind it, suggesting either accumulation or a short-term sentiment shift among traders.

2. Altcoin Rotation & Market Tailwinds

Overview: Solayer's rise aligns with a broader, albeit nascent, rotation into altcoins. The CMC Altcoin Season Index rose 16% in 24 hours to 36, signaling improving sentiment for smaller-cap assets. The total crypto market cap also provided a modest tailwind, rising 0.72%. What it means: The token benefited from a favorable sector backdrop, not just isolated action.

3. Near-term Market Outlook

Overview: The immediate path hinges on volume sustainability and key technical levels. The recent high near $0.095 and the psychological $0.10 level form the next resistance. Support sits at $0.085. Watch the Altcoin Season Index; if it continues rising above 40, it could fuel further altcoin momentum. What it means: The structure is tentatively bullish but remains within a larger downtrend, requiring a break above $0.10 to signal a more sustained reversal. Watch for: A continuation of volume above the $12.7M daily average to validate the breakout attempt.

Conclusion

Market Outlook: Cautiously Optimistic The combination of strong volume and improving altcoin sentiment provides a credible basis for short-term strength, though it operates within a longer-term bearish trend. Key watch: Can Solayer sustain this elevated buying volume to challenge the $0.095–$0.10 resistance zone, or will momentum fade and trap buyers?

CMC AI can make mistakes. Not financial advice.