#Trump Removes Fed Governor Cook Kaldiira (ERA) encryption has recently experienced a hard landing, with the price dropping below 0.8 Dollar. The current trading price is about 0.776 Dollar, with a daily decline of 5.7%. In the volatile market, ERA had reached a high point during the day at 0.823 Dollar, then fell to its lowest level at 0.764 Dollar.

Multiple factors are affecting this round of the fall. First, the cryptocurrency market is generally showing high volatility, with investor sentiment significantly impacting price direction. ERA has previously experienced a strong rise during its listing on well-known exchanges and launch activities, having risen by over 80% at one point. However, as launch funds are gradually being released, the market is facing significant selling pressure, leading to a price correction.
Secondly, the distribution structure of ERA tokens has raised some concerns. The development team holds a significant percentage of the tokens, along with a quantity of tokens that have not been fully traded yet, which may cause additional selling pressure in the future, and it has also raised questions about the level of centralization.
Moreover, although Caldera has made several breakthroughs on a technical level, the overall environment of the cryptocurrency market remains weak, which has somewhat constrained the performance of the ERA price.
However, from a long-term development perspective, Caldera still shows good potential. The project was integrated with EigenCloud's EigenDA V2 on August 7, 2025, significantly enhancing data availability performance, increasing the transfer rate to 100 MB/s, while reducing costs by about 40%. This upgrade adds appeal to the long-term development of Caldera.
Moreover, Caldera launched the new version of Metalayer on August 20, achieving cross-chain interoperability between optimistic Rollup and zk-Rollup, further enhancing its technical strength. In the area of industry expansion, its partnership with the XR content platform Mawari indicates that it is moving towards emerging fields such as spatial computing.
These technological innovations and strategic collaborations clearly demonstrate that despite the current market environment being filled with challenges, Caldera continues to steadily move towards the standard blockchain direction. In the future, with the potential improvement in market sentiment and the increasing self-sufficiency of projects, the price trend of ERA deserves continuous monitoring.