Tokenomics & Key Metrics
One source notes that ALT had major token unlock events: e.g., 240 million ALT (≈10.4% of circulating supply at the time) unlocked on January 25, 2025.
Large holder / “whale” concentration is flagged: e.g., one article suggests ~23.7% of tokens held by a single or few whales — raising concerns of market manipulation or large‑volume dump risk.
Technical chart data (as of recent) shows ALT trading at significantly lower levels compared to its all‑time highs (~$0.6881) and showing signs of weak momentum.
What is AltLayer / ALT?
AltLayer is a protocol that positions itself as a modular roll‑up / layer‑2 service provider: the idea is to offer “Rollups as a Service” (RaaS) and help chains/devs deploy scalable, finality‑fast rollups.
The ALT token is the native token of the AltLayer ecosystem. It’s intended for governance, staking, fees / protocol incentives and generally participation in the network.
It’s been listed and saw a spike after being listed on the Korean exchange Upbit.
According to TokenVitals, the token has a “high risk” rating (‑ “Risk Level: 7/10 (High)”) reflecting the token’s speculative nature and uncertainties.
