ALT AltLayer Rank #501 $0.0063 ▼ 2.04%

AltLayer is a decentralized protocol built for launching native and restaked rollups, supporting both optimistic and zero-knowledge rollup stacks. Operating across multiple blockchain ecosystems including Ethereum and BNB Chain, it functions as a rollups-as-a-service platform, providing the infrastructure needed to deploy and manage application-specific Layer 2 solutions. The protocol is designed to extend the security guarantees of underlying chains through restaking, allowing rollups to leverage the trust and economic security of established networks. By offering flexible tooling for both optimistic and zk-based execution environments, AltLayer enables developers to choose the rollup architecture best suited to their application requirements. ALT serves as the network's native utility and governance token, allowing holders to participate in protocol decision-making. The project is associated with YZi Labs (formerly Binance Labs) and has been featured on Binance Launchpool, reflecting its position within the broader smart contract and Layer 2 scaling landscape.