Altlayer (ALT) Price

Altlayer (ALT) is a cryptocurrency operating on the Ethereum platform, currently ranked #379 with a price of $0.009264. It has seen a +14.35% change in the last 24 hours, with trading volume reaching $1.38M. Altlayer is designed as a Layer 2 scaling solution that offers Rollups-as-a-Service (RaaS), enabling developers to deploy customized rollups quickly. It focuses on improving blockchain interoperability, privacy, and scalability through zero-knowledge proofs technology. The token has a circulating supply of 7.36B ALT out of a maximum supply of 10.00B ALT. Its current market capitalization stands at $70.20M, representing 73.67% of its fully diluted valuation of $95.29M. Altlayer supports governance functions within its ecosystem and features staking and restaking capabilities. The project is backed by notable investors including Polychain Capital and Jump Crypto, and is part of both the Ethereum and BNB Chain ecosystems. As of 2026-10-17, Altlayer continues to develop its rollup technology to address blockchain scalability challenges.

Altlayer was created on January 17, 2024, when it was officially listed on cryptocurrency tracking platforms. The project launched with a total supply of 10.00B ALT tokens, with approximately 35% in circulation as of 2026-10-17. Altlayer operates on the Ethereum blockchain as an ERC-20 token and also exists on the BNB Smart Chain as a BEP-20 token. It was developed to provide layer 2 scaling solutions with a focus on rollups technology, interoperability, and privacy features. Since its creation, Altlayer has gained recognition in the Web3 ecosystem, particularly for its innovations in the rollups-as-a-service (RaaS) space.

Altlayer was founded by Yannik Schrade and Yang Li in 2022. Yannik Schrade serves as the CEO while Yang Li is the CTO of the project. Both founders have extensive backgrounds in blockchain technology and layer 2 scaling solutions. They established Altlayer with the vision of creating a modular rollup platform that enables developers to easily deploy customized layer 2 solutions. The founding team has secured backing from notable investors including Polychain Capital, Jump Crypto, and YZi Labs, helping to position Altlayer as an innovative player in the rollups-as-a-service (RaaS) space within the Ethereum ecosystem.

Altlayer operates as a Layer 2 scaling solution on the Ethereum blockchain, utilizing rollup technology to enhance transaction throughput and reduce fees. The ALT token powers the network's ecosystem through several key mechanisms: 1. Governance: ALT holders can vote on protocol upgrades and parameter changes. 2. Staking: Users can stake ALT to secure the network and earn rewards. 3. Rollups-as-a-Service (RaaS): Altlayer provides customizable rollup solutions for developers to deploy their own Layer 2 networks. 4. Gas Fees: ALT is used to pay for transaction fees within the ecosystem. The network leverages zero-knowledge proofs for privacy and security while maintaining Ethereum compatibility. With interoperability features, Altlayer allows seamless asset transfers between different blockchains. The protocol's restaking mechanism enables token holders to maximize yield while contributing to network security. Currently priced at $0.009264 with a market cap of $70.20M, Altlayer has 7.36B ALT tokens in circulation out of a maximum supply of 10.00B ALT.

Altlayer operates on a Layer 2 rollup architecture designed to enhance blockchain scalability. It uses a modular framework that allows developers to deploy customized rollups with specific features tailored to their applications. The technical stack includes: 1. Rollups-as-a-Service (RaaS) infrastructure that simplifies deployment of application-specific chains 2. Zero-knowledge proof technology for transaction verification and privacy 3. Cross-chain interoperability protocols enabling seamless asset transfers between networks 4. EVM compatibility for supporting Ethereum-based smart contracts 5. A proof-of-stake consensus mechanism for network security and validator incentivization Altlayer's architecture prioritizes high throughput, low transaction costs, and developer flexibility while maintaining security through its connection to Ethereum as the base layer. The platform supports both optimistic and ZK rollups, giving developers options based on their specific requirements.

Altlayer is up +14.35% due to increased Layer 2 adoption, recent Binance Launchpool inclusion, and growing interest in rollup technology. With $1.38M in 24-hour trading volume, market sentiment remains positive as Altlayer expands its ecosystem partnerships.

Altlayer is currently dropping due to market correction after recent gains. The token has seen a +14.35% change in the last 24 hours despite a $1.38M trading volume. This decline is part of a broader 30-day downtrend (-26.67%), influenced by profit-taking and shifting investor sentiment in the Layer 2 sector.

The current price of Altlayer (ALT) is $0.009264. As the #379 cryptocurrency by market cap, ALT has seen a +14.35% change in the last 24 hours with a trading volume of $1.38M.

The highest price Altlayer has ever reached was $0.25 in March 2024, shortly after its initial launch. This represents a significant premium compared to its $0.009264 value today.

The lowest price Altlayer has ever been is $0.0000044004, recorded in its trading history. This represents the all-time low (ATL) for ALT.

Currently, 1 ALT is worth $0.009264.

Altlayer is valuable due to its role as a Layer 2 solution with rollups technology, enhancing blockchain scalability and efficiency. With a market cap of $70.20M and +14.35% growth in 24 hours, it offers staking opportunities and interoperability features backed by major investors like Polychain Capital and Jump Crypto.

Currently, Altlayer has a total supply of 10.00B ALT with 7.36B ALT in circulation. The maximum supply cap is set at 10.00B ALT, ensuring controlled distribution over time.

Altlayer was launched on January 17, 2024, as an ERC-20 token on the Ethereum blockchain. It powers the Altlayer protocol, which focuses on Layer 2 scaling solutions and rollup technology.

Currently, one ALT costs $0.009264.

You can buy Altlayer through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy ALT at $0.009264. Crypto ATMs also offer direct purchases.

To purchase ALT, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to ALT trading pair, enter purchase amount, and confirm your transaction. Store your ALT in a secure wallet for safekeeping.

Yes, Altlayer (ALT) is generally considered legitimate. Ranked #379 with a market cap of $70.20M, it's backed by reputable investors and operates on Ethereum. The project focuses on Layer 2 solutions with active development and community support. Always do your own research before investing.