$ALPHA

Alpha Coin (ALPHA) has shown significant gains recently, surging by over 150% in the past week. The rally is largely attributed to developments within the Alpha ecosystem, such as the growth of Alpha Homora’s Total Value Locked (TVL), which has rapidly increased to over $600 million. Alpha Homora offers leveraged yield farming, which has attracted attention from DeFi investors. Additionally, upcoming enhancements, like Alpha Homora V2 and other utility expansions in the pipeline, are seen as potential long-term drivers of ALPHA’s value.

Looking at long-term prospects, Alpha Coin's ecosystem—including the AlphaX futures exchange—aims to simplify DeFi access for a broader user base. With plans to introduce more functions for ALPHA token holders, such as staking and liquidity provision for protocol fees, the token could become more appealing as these utilities are implemented.