According to BlockBeats, as of March 31st, the total value of AltLayer (ALT) token staking has reached $45.89 million. The number of staked tokens has reached 75,779,521, with a current annual percentage rate (APR) of 33%.
The significant increase in the total value of staked ALT tokens indicates growing interest and confidence in the project. The 33% APR offers an attractive incentive for investors to stake their tokens, further contributing to the growth of the AltLayer ecosystem.
As the staking value continues to rise, it is expected that the AltLayer project will gain more traction and support from the cryptocurrency community. This growth could potentially lead to further developments and innovations within the platform, benefiting both investors and users alike.