AltLayer xarid qiling.

AltLayer is a decentralized protocol designed to make it easier for developers to launch fast, scalable, and customizable rollups. It serves as an execution layer that helps rollups, like optimistic or zero-knowledge rollups, quickly deploy with modular architecture and strong security. With the rise of layer-2 scaling solutions across Ethereum and beyond, AltLayer plays a crucial role in making rollup creation more accessible, flexible, and interoperable.

The platform introduces a novel concept called “Restaked Rollups,” which are enhanced rollups that use EigenLayer’s restaking mechanism for extra security. This structure allows developers to launch rollups that are not only easier to build but also more secure and aligned with the shared security model of Ethereum. Through its modular design, AltLayer supports different virtual machines and proof systems, giving projects more freedom and efficiency.

At the heart of the AltLayer ecosystem is the ALT token. It serves multiple functions including protocol governance, staking, and payment for services such as sequencing and verification. The token ensures decentralized coordination and sustainability of the AltLayer protocol, helping the network remain resilient and community-driven.

Currently, ALT trades at $0.01, with a market cap of $67,433,881. The token reached an all-time high of $0.68 on March 28, 2024. Its circulating supply stands at 5,199,999,997 out of a total of 10,000,000,000 ALT tokens, with a maximum supply capped at 10,000,000,000.

You can buy AltLayer using your credit or debit card directly on Nexo, or explore additional payment options for access. If you’re ready to proceed, head over to the Nexo Exchange and buy ALT.