Ethereum

2024

Pyth Network

<a href="https://bitcoinworld.co.in/ethereum-scaling-protocol-altlayer-airdrops-100m-worth-of-tokens/" title="Ethereum Scaling Protocol AltLayer Airdrops $100M Worth of Tokens" rel="nofollow"></a>
AltLayer, a decentralized protocol that enables Ethereum developers to deploy rollups and other scaling solutions, has <a href="https://twitter.com/alt_layer/status/1750443469330338117">launched</a> its ALT airdrop, distributing tokens worth over $100 million to eligible community members. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;">Update: <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALT</a> Airdrop Claims have now opened as of 9:00 AM UTC. <a href="https://t.co/LpfHsHu4Gk">https://t.co/LpfHsHu4Gk</a> 
 Those eligible for AltLayer Airdrop Season One – please visit the official airdrop website to claim your <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALT</a>! 
 Rest assured you will have one month to claim your <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALT</a> tokens. <a href="https://t.co/zSYJw8gGt4">https://t.co/zSYJw8gGt4</a> 
 — AltLayer (@alt_layer) <a href="https://twitter.com/alt_layer/status/1750443469330338117?ref_src=twsrc%5Etfw">January 25, 2024</a>
</blockquote> 
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AltLayer is compatible with existing scaling networks such as Arbitrum, Optimism, and Polygon. In addition to its open protocol, AltLayer offers a “rollups-as-a-service” feature for custom-building scaling integrations. 
With 300 million ALT tokens made available in this initial drop, the total value of the AltLayer airdrop stands at just under $100 million.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/altlayer-token-alt-100-million-airdrop-coming-next-week-watch-out/" aria-label="“AltLayer Token (ALT) $100 Million Airdrop Coming Next Week, Watch Out!” (Edit)">AltLayer Token (ALT) $100 Million Airdrop Coming Next Week, Watch Out!</a> 
Users that are eligible to claim the airdrop includes AltLayer OG Badge NFT holder, Oh Ottie! NFT holder, participants of AltLayer’s Altitude campaigns, EigenLayer restakers and Celestia stakers.&nbsp; 
Approximately 500,000 wallets are eligible for the airdrop. The ALT airdrop claim will remain open until February 25, after which any unclaimed tokens will be sent to the AltLayer treasury. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> lists <a href="https://twitter.com/alt_layer?ref_src=twsrc%5Etfw">@alt_layer</a> <a href="https://twitter.com/search?q=%24ALT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALT</a>! 
 Trading is now live <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/dnv1O6EX8C">https://t.co/dnv1O6EX8C</a> <a href="https://t.co/wswq5TUBAB">pic.twitter.com/wswq5TUBAB</a> 
 — Binance (@binance) <a href="https://twitter.com/binance/status/1750458932894564548?ref_src=twsrc%5Etfw">January 25, 2024</a>
</blockquote> 
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The ALT token was launched via Binance Launchpool, which opened farming from January 19 to January 25.&nbsp; 
ALT began trading on Thursday, and has already gained 11.7%, reaching its current price of $0.3126.&nbsp; 
It also saw substantial trading volumes of over $652 million, making it the 10th most traded token over the past 24 hours. 
AltLayer’s airdrop comes amid a resurgence of airdrops in recent months, fueled by a market wide rally in the last quarter of 2023.&nbsp; 
Notable recent airdrops include Solana’s Jito Protocol, Pyth Network and Manta Network. 
The post <a href="https://bitcoinworld.co.in/ethereum-scaling-protocol-altlayer-airdrops-100m-worth-of-tokens/">Ethereum Scaling Protocol AltLayer Airdrops $100M Worth of Tokens</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Ethereum Scaling Protocol AltLayer Airdrops $100M Worth of Tokens

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