From an investment perspective, Caldera's market performance shows high volatility. As of July 18, 2025, the price of $ERA fluctuated between $1.25 and $1.72, with a 24-hour trading volume reaching up to $535 million to $1.71 billion, and a market cap ranking between #248 and #297. Its all-time high was $2 (on July 17), and the current price has dropped by about 11%-30.9% from ATH, reflecting the market's divergence on its valuation. On social media, some users are optimistic about the valuation of $ERA, believing its fair market value should be between $400 million and $500 million, but if fully diluted valuation (FDV) exceeds $1 billion, it may be considered too high, posing a risk of correction.#Cardano @Calderaxyz #Caldera $ERA#Calderaxyz ERA真豪气