Altlayer Price

Altlayer (ALT) is a cryptocurrency operating on the Ethereum platform, currently ranked #357 with a price of $0.03461. It has seen a -9.12% change in the last 24 hours, with trading volume reaching $5.75M. 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 3.51B ALT out of a maximum supply of 10B ALT. Its current market capitalization stands at $121.63M, representing 35.14% of its fully diluted valuation of $346.1M. 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 2025-06-19, 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 10B ALT tokens, with approximately 35% in circulation as of 2025-06-19. 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 $0.03461 with a market cap of $121.63M, Altlayer has 3.51B ALT tokens in circulation out of a maximum supply of 10B 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 building a robust future as a Layer 2 scaling solution with its Rollups-as-a-Service (RaaS) platform. Currently priced at $0.03461 with a market cap of $121.63M, the project has a clear roadmap focused on: • 2025: Expanding their validator network and improving cross-chain interoperability • 2026: Launching enterprise-grade rollup solutions and enhancing governance mechanisms • 2027: Implementing advanced zero-knowledge proof technology for enhanced privacy and security With backing from notable investors like Polychain Capital and Jump Crypto, Altlayer aims to become a leading infrastructure provider for blockchain scalability. Their maximum supply is capped at 10B ALT, with 3.51B ALT currently in circulation. The team is actively developing tools to make rollup deployment more accessible while focusing on security and decentralization. Their restaking capabilities and governance features position Altlayer as a potentially significant player in the Layer 2 ecosystem through 2030.