Caldera (ERA) Price Forecast: Could Coinbase’s ERC-20 Support Spark a July 2025 Rally?

Coinbase is the latest of a suite of major exchange listings for ERA, strengthening the bullish outlook for Caldera in June by unlocking fresh demand from new retail investors.

The impact is already visible: the altcoin has soared 64% in the past 24 hours, outperforming the top 300 cryptocurrencies in a clear “buy the rumor, buy the news” event.

ERA dropped 30% from its peak after the Caldera Foundation opened claims for its 70 million ERA airdrop, triggering a wave of short-term selling as users rushed to book profits.

Coinbase has applied its ‘Experimental Label’ to ERA, flagging it as a token with limited trading history or lower liquidity, making it more prone to price swings.

Regulatory fears and macroeconomic uncertainty no longer dominate the market narrative, as clarity from “Crypto Week” fuels renewed interest in high-risk assets.

Caldera Price Analysis: Can ERA Sustain Its Rally Through July?

Once airdrop distribution concludes, downward pressure is likely to decrease, giving ERA a chance to stabilize and potentially continue its upward trend.

The token is currently forming a higher low, with support seen near $1.35. This level may determine whether a reversal begins or a broader correction takes hold. RSI levels remain in the low 40s, indicating bears still have momentum. With limited price history, short-term forecasts remain speculative.

Fundamentals Support Caldera’s Long-Term Potential

The Caldera network has already deployed over 50 rollups, powering notable projects such as ApeChain, Kinto, Sanko, and Manta.

Collectively, these rollups contribute to Caldera’s reported $1 billion+ in total value locked, and over 360 million transactions processed by 10 million wallets. As Ethereum layer-2 ecosystems now manage over $40 billion, Caldera is well-positioned to capture further market share, especially amid favorable regulatory developments post–Crypto Week.

With a current market cap of $216 million, Caldera still has room to grow—but short-term selling from the airdrop remains the biggest obstacle through the rest of July.

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