Behind ACH's 7.58% increase in 24 hours and a 28.19% rise over 7 days

Alchemy Pay (ACH) has recently shown strong performance. According to the latest data, as of January 8th, ACH is trading at $0.0097, up 7.58% in the past 24 hours, with a high of $0.0099, and a market capitalization of approximately $95.10 million. More notably, over the past 7 days, ACH has increased by 28.19%, and over the past 30 days, it has also recorded an 11.55% gain, indicating strong upward momentum.

Market Data Analysis

Price Trend’s Strong Performance

ACH’s short-term performance is indeed worth noting. Here are the specific price fluctuation details:

The 24-hour trading volume reached $33.8 million, a 155.33% increase compared to the previous day, indicating a clear rise in market participation. This surge in volume often signals growing market enthusiasm.

Market Position and Circulation

ACH ranks 288th in the cryptocurrency market cap list, with a current market cap of approximately $95.12 million. The circulating supply is 9,798,238,961 tokens, accounting for 97.98% of the total supply of 10,000,000,000 tokens, indicating ample circulation. This suggests that market participants hold relatively balanced positions, with no significant risk of over-concentration.

Fundamental Support

Practical Use Cases

Alchemy Pay is a one-stop payment solution provider dedicated to connecting fiat and cryptocurrency economies. Its positioning offers clear value in practical applications:

• Supports fiat transactions from 173 countries
• Covers multiple payment methods including Visa, Mastercard, regional mobile wallets, and local transfers
• Service coverage includes Europe, North America, Latin America, and Southeast Asia
• Core products include fiat on/off ramps, Web3 payment cards, and crypto payment acceptance

Compliance and Ecosystem Development

From a long-term perspective, ACH’s progress in compliance is noteworthy:

• Has obtained financial licenses in 12 U.S. states
• Established partnerships with mainstream blockchains such as Polygon, NEAR, Sui, Arbitrum
• Integrated with several well-known exchanges for ecosystem expansion
• Continually advancing international compliance strategies

These developments indicate that the project is seeking to establish a broader market foundation rather than purely speculative growth.

Recent Catalysts

ACH’s participation as a sponsor in the CoinDesk Consensus Hong Kong 2025 conference can enhance the project’s international visibility and recognition. Such top industry events often attract institutional investors and strategic partners, positively impacting the project’s future ecosystem development.

Summary

The recent upward movement of ACH is reasonably justified. The 28.19% increase over 7 days and the 7.58% rise in a single day reflect a renewed market interest in the payment solutions sector. The project’s practical application scenarios, compliance foundation, and mainstream ecosystem collaborations provide fundamental support. The significant increase in trading volume also indicates rising market engagement.

However, it’s important to note that large short-term gains may carry correction risks. Going forward, attention should be paid to the project’s compliance progress, ecosystem implementation, and the overall acceptance of payment-related projects in the international market.