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Alephium Overview
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About Alephium
Alephium (ALPH) serves several key purposes within its ecosystem:
Transaction Fees: ALPH tokens are used to pay for transaction fees on the Alephium network, including fees for transferring tokens and executing smart contracts.
Mining: Alephium uses a Proof of Less Work (PoLW) consensus mechanism, where users can mine ALPH tokens. This process helps secure the network and validate transactions. Unlike many other blockchains, Alephium does not support staking; it focuses solely on mining for network security.
Smart Contracts and dApps: ALPH is used to deploy and interact with smart contracts and decentralised applications on the Alephium blockchain. This facilitates a wide range of decentralised services and solutions, enhancing the flexibility and utility of the platform.
Alephium Markets
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Alephium Platforms
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Alephium Market Data
The live Alephium price today is $0.06 USD with a 24-hour trading volume of $110,250.51 USD. We update our ALPH to USD price in real-time. Alephium is up 4.52% in the last 24 hours.
The current market cap is $7,279,771.46 USD, ranking #743 by market capitalization. The circulating supply is 130,406,144 ALPH.