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Alephium (ALPH)

ALPH price chart

Alephium ranks #173 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1231: 1058 of the 1230 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1477 non-native assets CoinSpectrum lists above it by market cap, about 60% are tokens, 32% are claims on other assets, 7% are memecoins and 1% are NFT collections.

CoinSpectrum Grade	A · 71/100 · provisional, B to A
Rank among cryptocurrencies	#173
Rank counting claims	#1231
Market capitalisation	$4M
Price	$0.0308
Circulating supply	141,861,360 ALPH
Maximum supply	no fixed cap
Consensus family	Proof of Work
Consensus mechanism	Blake3 (BlockFlow sharding)
Own hashrate	4.78 PH/s
Network purpose	Smart-contract platform
Ledger type	Multi-asset ledger
Launch distribution	Presale

Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

A — 71 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 62 to 74 (B to A).

Section and criteria	Score	Basis
Consensus	10	average of 2 criteria
By leader (its largest chain's market cap) (Source)	10	Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
By family (all its chains' market cap) (Source)	10	Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Supply	8.3	the supply scale times 0.9, and a point for a fixed cap that holds
Supply (21 million scores 10)	9.2	no fixed maximum; 142 million in circulation
Distribution	7	average of 3 parts
Holder concentration (Source)	–	Not yet measured
Active addresses	–	Not yet measured
Premine (allocated at launch)	3.8	62.2% of today's supply allocated at launch to founders, a company, a foundation or investors. 140M ALPH minted at genesis (November 2021): 80M sales, 30M ecosystem, 30M treasury and team. Current total is 225,187,127 ALPH (Alephium explorer API /infos/supply/total-alph, 2026-10-23). source
Fundraising (share sold) (Source)	7.2	Sold by its issuer or insiders: 28% of supply sold. Seed sale, pre-sale (reportedly $3.6M from 80 contributors) and a private sale tied to a Cetacean Capital partnership. 62,951,077 ALPH were sold and locked for 2–4 years. The other 17,048,943 of the sales tranche is reserved for later direct sales, liquidity and OTC, and is not counted as sold. source
Developer share (after launch)	10	No developer share: every new coin goes to the miners or validators who produce blocks. No cut. All block rewards go to miners; Alephium has no dev fee or treasury share of issuance (ecosystem and treasury funds were allocated at genesis). source
Decentralisation	6.7	average of 3 parts
Governance (Source)	10	No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or halt key for ALPH; the July 2025 difficulty incident was resolved by pools changing behaviour, not by a halt power. source
No central team (Source)	0	A central team directs it: The only full node (alephium/alephium, LGPL-3.0) is developed by the Alephium core team (Alephium SA / Alephium Foundation), which sets the upgrade roadmap (Leman, Rhone, Danube). source
Who can mint (Source)	10	Open to anyone with hardware: anyone can produce blocks by mining, no permission needed
Nodes (Source)	–	Not yet counted
Security	7.3	4.4 of 6 points, 2 not yet measured source
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)	–
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)	4.9	about 10,500 transactions a day
Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point)	7.2	own work 5; about 1.1 MW, 2.2 of 5; the largest on its algorithm
Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point)	7	one client, latest version Oct 2026
Open source (Node software)	✓
No 51% attack (Nor a deep reorganisation, five years)	✓
Scalability	4.8	average of 3 parts source
Fees ($0.001 or less 10, $1 or more 0)	10	typical fee $0.0001
Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5)	–	not yet measured
Block time (10 minutes 10, less either side)	4.3	a block every 16 seconds
Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth)	–	not yet measured
Features (3 checks)	0	0 of 1 passed, 2 not yet researched
Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11)	✗	BlockFlow with 16 shard chains at ~8 s per chain; confirmation is probabilistic over several blocks and the node offers no protected zero-confirmation or instant-lock mechanism.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)	–	Not established.
Light clients (Payments verified from headers · Whitepaper §8)	–	Not established.
Privacy	7	7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)	10	Anyone can generate keys and receive and send coins; the consensus rules carry no identity check.
UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9)	10	Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history.
HD addresses (A new address for each payment, unlinked · Whitepaper §10)	–
Hidden amounts (Amounts confidential)	0	Amounts are public.
Hidden parties (Sender and receiver hidden)	0	Addresses are public.
Network privacy (Origin hidden by default)	0	Alephium full nodes gossip transactions directly; no Dandelion or built-in Tor.
Programmability	7.8	7 of 9 points source
Token issuance (At protocol level)	2	Native tokens in the UTXO model plus Ralph smart contracts, open to any account since the November 2021 mainnet.
Smart contracts (General-purpose)	2	Ralph smart contracts on the stateful UTXO model since the November 2021 mainnet.
Multisig and time locks (Without a third party)	✓	Native P2MPKH m-of-n lockup scripts and a lockTime on every asset output.
Atomic swaps (With other chains)	✓	Hash- and time-locked conditions can be written in Ralph contracts and scripts.
Native DEX (Trades the coin itself, not a claim)	✗	No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04).
Cross-chain messaging (Verified by the chain itself)	✗	The Alephium Token Bridge runs on an external guardian network, not protocol verification.
NFTs (Carried by the chain's rules)	✓	Native tokens issued by contracts, with NFT collections as Ralph contracts run by every node.
Demand	4.8	average of 7 measures
Exchanges (10 or more: 10)	4	4 exchanges
Daily volume ($10K 0, $1B or more 10)	2.2	$128,669 traded in 24 hours; #1456 by volume on the exchanges the site reads (scored on the median day of the last 30, $126,028)
Turnover (volume ÷ market cap, 5% a day: 10)	7.6	1.7% of its market cap a day, median of the last 30 days
Order-book depth (±2% of the price ÷ market cap, 1%: 10)	7.5	$7,925 within 2% of the price on 3 exchanges, 0.18% of its market cap, median of the last 15 days
Market cap ($1M 0, $10B or more 10)	1.6	$4.4M, 1.6 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)	10	no futures, options or margin on the exchanges read
Wallet support (wallets that hold it, 10 or more: 10)	1	its own node and wallet, counted as 1: no wallet in the site's directory lists it yet
Record	7.3	average of 3 criteria
Age (years since genesis) (Source)	4	4 full years since 2022-01-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, fixes, vulnerabilities)	8	3 positive, 0 negative source
Positive
Steady work, 6 of 6	✓	138 commits in 12 of the last 12 months (github.com/alephium/alephium); Reference full node alephium/alephium v4.7.3 released 2026-10-21; v4.7.0-v4.7.3 and v4.5-v4.6 all in 2026.
Shipped a scaling upgrade in two years, +1	✓	Danube upgrade (v4.0.0), mainnet 15 Jul 2025: block time per chain cut from 16 s to ~8 s
Shipped a new capability for users in two years, +1	✓	Danube upgrade, 15 Jul 2025: groupless addresses (passkey-signed, usable across shards)
Conduct (origin, claims, halts)	10	3 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke	✓
No claims by its founders that contradict its own design	✓
No halt, freeze or reversal in five years	✓

Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Proof of Work coins

Proof of Stake coins

Supply

141,861,360 ALPH are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)	62.2% of today's supply
Sold by the issuer or insiders	28% of today's supply
Developer share received since launch	0% of today's supply
Developer share of new coins today	0%
Fundraising	Private or venture funding

140M ALPH minted at genesis (November 2021): 80M sales, 30M ecosystem, 30M treasury and team. Current total is 225,187,127 ALPH (Alephium explorer API /infos/supply/total-alph, 2026-10-23).

Seed sale, pre-sale (reportedly $3.6M from 80 contributors) and a private sale tied to a Cetacean Capital partnership. 62,951,077 ALPH were sold and locked for 2–4 years. The other 17,048,943 of the sales tranche is reserved for later direct sales, liquidity and OTC, and is not counted as sold.

No cut. All block rewards go to miners; Alephium has no dev fee or treasury share of issuance (ecosystem and treasury funds were allocated at genesis).

The site has no label yet. Its circulating figure (140.6M) is the explorer's circulating supply, not total supply; total is 225.2M. The $3.6M pre-sale figure appears only in an article URL and was not confirmed.

Sources: github.com · docs.alephium.org · alephium.org · backend.mainnet.alephium.org · alephium.org. Researched 2026-10-24, high confidence.

The work behind it

Alephium is secured by 4.78 PH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Alephium

Alephium is #173 among cryptocurrencies and #1231 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 1058 places between Alephium's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).