Alpha Finance Lab rallies after integrating with Compound and Binance Smart C...
Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token. Alpha Finance Lab (ALPHA) experienced a price breakout on Feb. 25 as a series of significant partnerships has brought renewed interest in the cross-chain DeFi platform. Data from Cointelegraph Markets and TradingView shows that following the announcements, ALPHA price surged to $1.78 but Bitcoin's recent struggle to hold $50,000 as support led to a sell-off among altcoins and ALPHA currently trades at $1.31.ALPHA/USDT daily chart. Source:....
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ALPHA price turned bullish shortly after the project introduced staking, simplified farming options and a launchpad for new blockchain projects. Bitcoin (BTC) price continues to trade in a predictable range which has given traders confidence in trading altcoins and DeFi tokens. This translated to a 110% rally in the price of Alpha Finance Lab (ALPHA) over the past four days. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.30 on June 22, the price of ALPHA has rallied 196% to a monthly high at $0.89 on July 6 as its 24-hour volume spiked 433% to $293....
Via its Twitter handle Alpha Finance Lab has announced the relaunch of Alpha Homora in its second iteration. To be deployed on Ethereum, the team behind this DeFi protocol has called the event a “milestone towards our mission to build and incubate an innovative Alpha ecosystem”. After the launch, Alpha Homora’s ecosystem could see an […]
One of the world's largest cryptocurrency exchanges is further expanding into the payments sector. Binance has released its payments app, Binance Pay, in public alpha. The app is a contactless peer-to-peer cryptocurrency payment feature that lets users send and receive payments in cryptos like Bitcoin (BTC).Binance initially rolled out Binance Pay in a soft launch in February 202 for P2P payments, enabling 250,000 users to interact with the product. Today, Binance Pay is launching in alpha with new features like merchant-based transactions and is available to all users.A spokesperson for....
ALPHA, the governance token of the Alpha Finance Lab and Alpha Homora ecosystem, is now the 85th biggest token in the market. ALPHA, the governance token of Alpha Finance Lab, has surged 152% in the past week. It is now the 85th most valuable cryptocurrency in the global market, breaking into the top 100 in a short period.Behind its meteoric rally are three key factors, namely the rapidly rising total value locked (TVL) of Alpha Homora, the overall positive market sentiment around DeFi, and the imminence of Alpha Homora v2.ALPHA/USDT 15-min price (Binance). Source: TradingView.comWhat is....
Launched in 2020, Alpha Finance Lab is among the fastest-growing cross-chain decentralized finance (DeFi) ecosystems that address many of the current challenges while maintaining ease of use. The platform has already launched its decentralized lending protocol and leveraged yield farming, and a non-order book of perpetual swap products. To further expand its nascent presence and […]