AltLayer is a decentralized protocol that provides a platform for launching and scaling customized blockchains called rollups.
These rollups are separate execution environments that inherit the security of their underlying base layer (like Ethereum) while offering faster transaction speeds and lower fees.
Since the token was airdropped, price has been sideways, forming what looks like a weekly accumulation pattern. Daily chart is now trending up for a while, and suggests we can get a hefty move up from this range next if it gets follow through.