Solana-based decentralized repledging network designed to enhance the bandwidth and Layer 1 security of decentralized applications (dApps) through repledging mechanisms. Users can re-pledge their pledged SOL assets on Solayer, which operates similarly to Ether's EigenLayer.Since its launch in June 2024, Solayer has risen rapidly in the Solana ecosystem, reaching $150 million in Total Value Locked (TVL) in just two months, making it the 13th largest protocol on Solana.

Impressive growth! Solayer is definitely making waves in the Solana ecosystem. Exciting to see how repledging mechanisms enhance dApps security. 🌟