Alephium ALPH

1. Summary

Ranks

Liquidity

95

Developer

89

Social

77

Momentum (beta)

44

Stack Rank™

69

Price

$2.04 +7.3%

Market Cap

$172.93M (#271)

Supply

77.85M / 196.23M

Tags

Cryptocurrency Smart Contracts Wallets Ethereum Ecosystem Layer 1 (L1) Proof of Work (PoW) Alephium Ecosystem

More Metrics

Price
52W High price	$3.81
52W High date	26th Feb 2024 (5 months ago)
All Time High (ATH) Date	27th Feb 2024 (4 months ago)
ATH Price	$3.86
% From ATH	-38.73%
All Time Low (ATL) Date	3rd Jul 2023 (1 year ago)
ATL Price	$0.005618360000
% From ATL	41947.01%

Supply & Trading Volume
Trading Volume (24h)	$2.91M
Total Supply	196.23M
Max Supply	1.00B
Circulating Supply	77.85M

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Description

Alephium is the first operational sharded blockchain that integrates scalability, ETH-inspired smart contracts, and dApps capabilities into Bitcoin's proven core technologies. It aims to improve performance and energy efficiency by leveraging innovative technologies such as sharding and Proof of Less Work (PoLW). This unique approach allows Alephiu...

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Alephium is the first operational sharded blockchain that integrates scalability, ETH-inspired smart contracts, and dApps capabilities into Bitcoin's proven core technologies. It aims to improve performance and energy efficiency by leveraging innovative technologies such as sharding and Proof of Less Work (PoLW). This unique approach allows Alephium to process a high volume of transactions efficiently while maintaining high security and decentralization.

Scalability & Security

Alephium's sharding technology, known as BlockFlow, divides the blockchain into multiple independent sections, enabling the network to handle a large number of transactions simultaneously. This solution offers significant improvements over traditional blockchains in terms of scalability and performance. Furthermore, Alephium's use of a stateful UTXO model and a custom virtual machine (Alphred) provides enhanced security for smart contracts and dApps, reducing the risk of attacks and data manipulation.

Eco-Friendliness & Energy Efficiency

One of the key benefits of Alephium is its environmentally friendly approach to mining. The PoLW algorithm reduces the energy consumption required for mining by a significant amount compared to traditional Proof of Work (PoW) systems. This approach not only improves the ecological footprint of cryptocurrency mining but also makes Alephium a more sustainable option for developers and users.

Developer-Friendly Tools

Alephium provides a robust set of tools and features for developers, including a custom programming language called Ralph. This language is designed to facilitate the creation of efficient and secure smart contracts, making it an attractive platform for decentralized finance (DeFi) applications and dApps development.

Tokenomics

The native token of Alephium, ALPH, has a total supply of 1 billion and is used as an incentive for miners on the network. The token supply is controlled, ensuring that the circulation remains stable and supports the network's value and stability.

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