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Alchemix Token Climbs as Traders Reenter DeFi Despite Market Weakness
Alchemix (ALCX) jumped 26 percent with $95.
Alchemix (ALCX) surged 26 percent in the past 24 hours, supported by rising trading volumes that reached nearly $95.8 million. The move contrasted with broader crypto market pressure, signaling renewed speculative interest within decentralized finance ecosystems. Short-term traders reallocated capital to selective high-beta tokens, viewing recent corrections as temporary entry points.
While momentum improved, analysts cautioned that liquidity conditions remain uneven across major pools. Nonetheless, participation around ALCX was among the strongest within mid-cap DeFi assets during the session.