$LAYER Layer Token usually refers to a cryptocurrency connected to a Layer-based blockchain project (like Layer 1 or Layer 2 solutions). These tokens are mainly used for:

🔹 Transaction fees (gas fees on the network)

🔹 Staking & securing the network

🔹 Governance voting

🔹 Ecosystem utilities (DeFi, NFTs, gaming, etc.)

If you are talking about a specific project like Solana (Layer 1) or Arbitrum (Layer 2 on Ethereum), then their tokens are used to improve scalability, speed, and reduce transaction costs compared to older networks like Ethereum.

#layer #CPIWatch #STBinancePreTGE

LAYER
LAYER
0.1089
-8.41%

RIVERBSC
RIVERUSDT
6.033
-3.99%
PAXG
PAXG
4,650.58
-1.56%