ERA (Caldera) rose 76.49% in the last 24 hours

Gate News Bot report, July 18, according to CoinMarketCap data, ERA (Caldera) is currently priced at $1.51, rising 76.49% in the last 24 hours, reaching a high of $2.00 and a low of $0.85, with a 24-hour volume of $1.372 billion. The current market capitalization is approximately $224 million, an increase of $9.71 million from yesterday. Currently, ERA ranks 192nd in global Crypto Assets market capitalization.

Caldera is an interconnected blockchain network built for specific purposes, ultimately settling on Ethereum. The project aims to create the most powerful multi-chain ecosystem, providing scalable infrastructure for areas such as gaming, artificial intelligence, and decentralized finance. Caldera enables applications and communities to build their own fully customizable chains through its Rollup engine and Metalayer technology, achieving large-scale expansion and interconnection with the broader blockchain ecosystem.

Important news about ERA recently:

1️⃣ ERA perpetual contracts are about to be launched on Gate exchange Gate will launch the ERA perpetual contract for real trading on July 17, 2025, at 23:35 ( UTC+8. The contract will use USDT for settlement. This contract will support 1-20x leverage trading, allowing users to go long or short. Trading parameters such as funding rate, minimum tick size, maximum leverage, risk limits, and maintenance margin will be dynamically adjusted based on market conditions.

2️⃣ Airdrop events drive up Ethereum Gas fees The airdrop claim activity of ERA has significantly increased the Gas fees on the Ethereum network. Within just one hour, the claim contract burned 30.73 ETH, worth approximately $105,000. This phenomenon reflects the market's high attention and enthusiasm for participating in the ERA project.

3️⃣ Major South Korean Exchanges Add ERA Trading Support South Korea's major crypto assets exchange has announced the addition of trading support for the Caldera )ERA( token. ERA will simultaneously launch three trading pairs: Korean Won )KRW(, Bitcoin )BTC(, and Tether )USDT(. This initiative will provide ERA with more liquidity and exposure, helping to expand its global influence.

From a technical perspective, the price of ERA has seen a significant rise in the past 24 hours, possibly related to the launch of multiple exchanges and the heat of airdrop activities. However, investors should remain cautious and pay attention to market changes, especially the high volatility that may occur in the early stages of new coin launches.

This message does not constitute investment advice, and investors should be aware of market volatility risks.