$ALT, a Layer 2 solution focused on Rollup-as-a-Service (RaaS), is currently priced at approximately $0.02837, a slight increase of 1.84% over the past 24 hours. Its market capitalization is approximately $127 million, and its 24-hour trading volume reached $21.28 million, indicating stable market activity but no explosive growth.
$ALT experienced a significant correction in the first half of 2025, primarily due to intensified competition in the Layer 2 market and overall crypto market volatility. While AltLayer's technological innovations (such as multi-chain Rollup support and decentralized ordering) have been widely recognized, token unlocking pressure and insufficient liquidity have put downward pressure on its price.
Alt is suitable for medium- to long-term investment, but in the short term, caution should be taken regarding the risk of a broader market downturn.
It is likely to fluctuate within the Fibonacci retracement range of $0.028-0.034. If it breaks through $0.034, it could test $0.04; otherwise, it could decline to $0.020 support. @trade_rumour
#Traderumours