ALT Token Jumps 8% as 200 Million Cross-Chain Swap Boosts ERC20 Liquidity and Investor Confidence

ALTUSDT is trading at 0.03742, up 8.15% over the past 24 hours from an open of 0.03460. The recent price increase can be attributed to AltLayer’s completion of a 200 million ALT token cross-chain swap from BEP20 to ERC20, which has improved ERC20 ALT liquidity on the exchange and may have boosted investor confidence. This technical update is verifiable on-chain and did not alter the circulating supply, supporting market stability. Broader altcoin sentiment remains mixed, with Bitcoin dominance at approximately 63.9% and the overall crypto market showing steady performance. However, select altcoins are experiencing renewed attention, and technical events such as token swaps and upcoming staking or burn events are being closely monitored by traders for potential volatility and growth opportunities.