The market pricing of emerging tokens usually goes through three stages: initial narrative-driven, actual structure implementation, and widespread use. Currently, the ERA Token is at a crucial transition period from narrative-driven to structural implementation. This transformation is mainly reflected in the practical application of Caldera's Metalayer architecture in a multi-chain environment, as well as the substantial growth in the demand for cross-aggregation interoperability.

This development signifies that ERA has entered its 'golden second phase' of growth. With widespread support from mainstream exchanges and the comprehensive rollout of the node incentive mechanism, the price of ERA is expected to break through the current consolidation range and initiate a mid-term upward trend.

Based on current market dynamics and technological advancements, industry experts predict that the ERA price is expected to start at an initial $0.95 and potentially reach around $2.8 by the end of the year. This prediction not only reflects the flow of market funds but also demonstrates the increasingly important position of ERA in the blockchain technology structure.

It is worth noting that the value of ERA essentially reflects the degree of monetization of the collaborative complexity within the blockchain ecosystem. As projects like Caldera continue to develop and the application scenarios expand, the value anchoring effect of ERA may be further enhanced.

However, investors should remain cautious about market predictions, fully understand the uncertainties of blockchain technology development, and make investment decisions based on their own risk tolerance. The future development of ERA is still worth ongoing attention and in-depth research in the industry.