AltLayer is a decentralized protocol designed to enhance blockchain scalability and security through innovative rollup technology. It enables developers to launch customized rollups with enhanced security, decentralization, and interoperability. AltLayer's Restaked Rollups leverage EigenLayer's restaking mechanism to provide economic security and faster finality. The platform offers ephemeral rollups for short-term scalability needs and persistent rollups for long-term applications. With a market capitalization of $128.22 million and a circulating supply of 4.48 billion ALT tokens, AltLayer has raised $22.8 million in funding from prominent investors like Binance Labs and Polychain Capital. Its native token, ALT, facilitates governance, protocol incentivization, and transaction fees.
