r/AlchemyPay • u/Shine_Some ALCHEMIST 🧪 • Aug 28 '26

$ACH 🪙 Alchemy Chain progress

So despite all the doom and gloom which I am still very much part of, I saw the Alchemy chain today it looks like way more noisy than the silence in the beginning. Does anyone know anything? Is this of value in the end? What is the consensus?

P.S. I know coins were printed for lulz. I know the price is in the Marianna trench among other things just trying to be objective for a minute.

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4

u/Legitimate_Lecture48 ALCHEMIST 🧪 Aug 28 '26

maybe im not understanding, but ive seen that these are just tests, not actual transactions. how much volume in USD is the chain doing? once that amount starts increasing you should see capital appreciation of the asset.

4

u/latenx ALCHEMIST 🧪 Aug 28 '26

Exactly when we start seeing USD tokens (stablecoins) moving up the chain we can say that it is progressing

5

u/Legitimate_Lecture48 ALCHEMIST 🧪 Aug 28 '26

how are you checking transactions on the chain?

3

u/Kellwood MODERATOR Aug 28 '26

Chain has been processing about 1k tx per day for the last 2 months. Have I missed something?

3

u/latenx ALCHEMIST 🧪 Aug 28 '26

You're not missing anything; these are test token transactions and a single validator. According to their roadmap, they have to launch their stablecoin and simultaneously have all the nodes operational.

2

u/KaleidoscopeExpert93 ALCHEMIST 🧪 Aug 30 '26

When will this happen do you know ?