Althea's native token, ALTHEA, has skyrocketed over 1000% as interest in decentralized internet infrastructure grows. The blockchain-based platform, which aims to provide a decentralized alternative to traditional internet services, has seen its token price increase by 190% in the past week. This surge is fueled by interest in Decentralized Physical Infrastructure Networks (DePIN) and ongoing pilot projects.
Althea utilizes a hybrid EVM/Cosmos-SDK architecture, allowing community-owned ISPs and local network operators to offer internet access through smart contracts and token-based settlements. The recent price increase is attributed to FOMO-driven speculation and heightened market sentiment towards infrastructure-layer tokens during the current altcoin season.
Althea Token Soars 1000% Amid Rising DeFi and Telecom Interest
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