1. Introduction
• Project name: AltLayer
• Token: ALT
• Release date: 25/01/2024
• Total maximum supply: 10 billion ALT
• Current circulating supply: ~4.92 billion ALT
• Market capitalization: ~180 million USD (ranked ~267 CoinMarketCap, 08/2025)
• ATH: ~$0.688 (27/03/2024)
• ATL: ~$0.153 (07/04/2025)
👉 Mission: to become Rollup-as-a-Service (RaaS), helping Web3 projects quickly deploy customizable rollups without needing to build from scratch.
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2. Technology & products
• Ephemeral/Disposable Rollups: temporary rollups for events like NFT mint, IDO, game tournaments… Once done, they can be closed → saving costs.
• Persistent Rollups: long-term rollups for dApp/DeFi/GameFi that need a sustainable foundation.
• Diverse technology: supports both Optimistic Rollups and ZK-Rollups.
• Multi-chain interactions: good connectivity with Ethereum and EVM chains (Arbitrum, OP, Polygon, BNB Chain…).
• Tools for devs: no need for a high-tech team → speeds up dApp development.
👉 AltLayer aims for a modular blockchain – separating execution, consensus, and data availability layers for flexibility and scalability.
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3. Founders & team
• Founder & CEO: Dr. Yaoqi Jia
• PhD in Computer Science, specializing in distributed systems and security.
• Former CTO & Co-founder of Zilliqa (a well-known blockchain for sharding).
• Previously worked with Parity (Polkadot/Substrate).
• Core team: many members from the Ethereum Foundation, Zilliqa, Polkadot, with a strong academic background and experience in deploying large-scale blockchains.
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4. Investment funds & fundraising
AltLayer attracts significant interest from many top funds:
🏦 Seed Round (07/2022 – ~$7.2M)
• Polychain Capital (lead)
• Jump Crypto
• Breyer Capital
• dao5
• Notable angels: Balaji Srinivasan (former CTO of Coinbase), Gavin Wood (Co-founder of Ethereum/Polkadot), Sean Neville (Co-founder of Circle), Ryan Selkis (Founder of Messari)
🏦 Strategic Investment (08/2023 – private)
• Binance Labs (BNB LATS) strategic investment, marking an important step for AltLayer into the BNB ecosystem.
🏦 Strategic Round (announced 02/2024 – $14.4M)
• Lead investors: Polychain Capital & Hack VC
• Participants: OKX Ventures, HashKey Capital, Primitive Ventures, Bankless, IOSG, SevenX, Mask Network, TRGC
👉 In total, AltLayer has raised over $20 million in investment, with nearly all 'big players' in crypto VC participating.
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5. Tokenomics (ALT)
• Total supply: 10 billion ALT
• Circulating supply: ~4.92 billion ALT
• Allocation (estimated):
• Investors/VCs: ~18–20%
• Team & advisors: ~15%
• Ecosystem development fund: ~25–30%
• Community & rewards: ~35–40%
• Use case:
• RaaS service fees (deploying rollups)
• Governance
• Staking (network security, receiving rewards)
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6. Potential & challenges
✅ Potential
• On-trend Modular Blockchain & Rollup: similar to Celestia (TIA), Optimism (OP), Arbitrum (ARB).
• Backed by Binance Labs → opens the door to BNB Chain.
• Strong team (Dr. Yaoqi Jia and former members of Zilliqa/Polkadot/Ethereum).
• Open ecosystem: targeting DeFi, GameFi, NFT, SocialFi.
⚠️ Challenges
• High competition: Celestia, Optimism, Arbitrum, zkSync are all developing strongly.
• Need to prove real use case: the number of dApps running long-term on AltLayer is limited.
• ALT token is highly volatile: from $0.688 (ATH) → $0.036 (currently). Investors need to be patient and monitor the ecosystem, not just the price.
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7. Conclusion
AltLayer is a rising star in the Rollup-as-a-Service space, providing modular, fast, cheap, and flexible solutions.
• With backing from Polychain, Jump, Binance Labs, Sequoia…, the project has a strong financial and strategic foundation.
• However, fierce competition and the need to prove practical applications will be deciding factors in whether ALT can rise to become an 'Ethereum scaling hub.'
