ChainCatcher message, AltLayer announced on platform X that the cross-chain swap of 200 million ALT tokens from BEP20 to ERC20 has been completed, and the total circulating supply of ALT tokens remains unchanged. The entire exchange process can be verified on-chain.

Previously, due to the growing demand for ERC20 ALT from Binance, the liquidity of ERC20 ALT on the exchange had become severely insufficient, prompting the Binance team to request AltLayer's assistance in converting BEP20 ALT tokens to ERC20 ALT tokens to balance the liquidity.