$ALPHA

Alpha (ALPHA), the token of Alpha Finance Lab, has recently experienced significant volatility. The price has declined by around 24.9% in the past week, with the trading volume also showing a decrease, indicating a cooldown in market activity. Despite this, it remains an attractive token within the decentralized finance (DeFi) sector due to its connections to Alpha Homora, a protocol allowing

leveraged yield farming and liquidity provision. Alpha Homora has quickly achieved high total value locked (TVL) levels, surpassing $600 million in record time, highlighting the interest and utility in the ecosystem.

For the long-term, ALPHA is expected to gain more utility as Alpha Finance Lab develops further uses for the token. There are plans to enable tokenholders to earn a portion of protocol fees through staking or liquidity provision, which could increase demand for ALPHA and potentially support its price over time. This utility, combined with Alpha's continued expansion in DeFi products, makes ALPHA a compelling long-term asset for those interested in the DeFi space.