$LAYER is alive, but fading. It’s liquid enough to easily sell ($9.6m traded per day) — but unissued supply hangs over the price (fully diluted valuation 4.8x the market cap), and holders are leaving (-159 in 30 days, -0.2%). The price is down 98% from its all-time high.
break-even from here: +5,100% $100 held here would need to become $5,200 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
01is anyone still building it?structural solvency / liveness33/100
Someone is still building, but activity is thin.
0 commits/4wk0 contributorslast commit 5d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply29/100
Holders are leaving.
holders -159/30d · -0.2% · bin 2/10concentration HHI 0.098 · bin 7/10— holders are leaving — conviction is draining. [DeFi / Protocol bins, provisional]
03could you actually sell?liquidity / exitability89/100
Easy enough to sell.
$9,590,365/24h · bin 9/1070.02% turnover · bin 10/10— tradeable.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions15/100
Heavy future supply hangs over the price.
21% of supply circulating · bin 2/10FDV/MC 4.8x · bin 2/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative40/100
Moving with the pack.
30d-3% · bin 6/10200d-65% · bin 3/10— middle of its peer pack.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Solayer ($LAYER) dead?
Not dead, but fading. As of 2026-07-14, Solayer scores 43/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is Solayer a good investment?
bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 43/100 (WEAKENING), a price 98% below its all-time high, a drawdown cohort (down 95%+) in which historically only ~3% of coins ever reclaimed their high. What you do with that is yours.
Will Solayer ($LAYER) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 95%+ (3-year window), about 3% reclaimed their all-time high; break-even to ATH from the scan price needs +5,100%. The WEAKENING aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly
