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Trending
Copied ₹4.1908
₹ 4.1908
Market Cap
₹ 3.9 B 15.4128%
Circulating Supply
999953000
Max Supply
1000000000
Volume
₹ 536.43 M
All Time High :
₹ 22
All Time Low :
₹ 1.24
Price change in 24H :
₹ 0
24H High :
₹ 4.15
24H Low :
₹ 3.25
Alchemist AI is a no-code application development platform on Solana that turns plain-English descriptions into working, deployable web applications. Users write what they want in natural language inside an interface called the Sacred Laboratory, and a multi-agent AI pipeline generates, tests and deploys the app to a browser sandbox. Its native token, ALCH, is an SPL token with a hard-capped 1 billion supply used to pay for app generation (roughly 200 ALCH per app), marketplace transactions, tipping and premium features. The platform launched in November 2024, has processed over 100,000 application builds, and was accepted into the NVIDIA Inception program. ALCH peaked near $0.2434 in December 2025 and trades around $0.03 as of September 2026.
A caution that applies to almost every crypto article you will read about this token, including the ones ranking above this one.
Published information on ALCH contains significant contradictions. Several widely-syndicated pages describe a token distribution of 30% community, 20% team, 15% treasury and 15% ecosystem figures that do not match the project's actual documented launch allocation. At least one prominent source describes an "ALCH Mining" mechanism that rewards contributors with newly minted ALCH, which directly contradicts the token's hard-capped, non-inflationary supply. These claims appear to be machine-generated and have propagated across multiple sites.
All-time-high figures also vary, $0.21, $0.2357 and $0.2434 all appear. In this case the variation is largely legitimate: ALCH made two separate peaks, one on 2 January 2025 near $0.2357 and a marginally higher one on 18 December 2025 near $0.2434, so older articles cite the earlier peak accurately.
Rule of thumb: verify ALCH figures against the on-chain contract, Solana Compass, and the project's own documentation before relying on them. Where this article gives a figure, it is sourced; where sources conflict, the conflict is stated.
Alchemist AI is a generative software development platform. You describe an application in ordinary English, "a to-do app with mood tracking," "a game where you catch falling stars" and the platform returns a functional, interactive web application you can immediately test in a browser.
The distinction that matters most, and the one most frequently misunderstood: ALCH is not an AI trading bot. It is a software creation tool. A large share of the search traffic arriving at ALCH pages assumes the former because of the "AI" in the name and the crypto listing. Understanding it as a development platform is essential to evaluating it at all.
The core problem the project targets is old: most people have ideas for software and no ability to build them. Conventional no-code tools reduce the skill requirement but still demand that a user learn an interface, a logic model, and a set of constraints. Alchemist AI's bet is that natural language collapses that learning curve entirely.
Solana was chosen for throughput and transaction cost. A platform where users pay per generation, tip creators, and trade small-value applications requires transaction fees low enough that the fee does not exceed the value transferred. On most L1s that economic model does not work. On Solana it does.
Alchemist AI wraps its product in an unusually committed fantasy frame, and it is worth understanding because the terminology appears throughout the product and the documentation.
The project's fiction places an ancient school of alchemy called the Arcane Forge in the mist-shrouded valleys of Alberon. Over centuries, its masters supposedly discovered that the true elixir of creation lay not in manipulating matter but in mastering language, words and symbols capable of commanding nature. They called this Linguistic Alchemy, and from it forged the artifact that is Alchemist AI.
It is a deliberate metaphor for prompt engineering, and it does real work: it gives the product a coherent vocabulary (Sacred Laboratory, Arcane Forge, Machina Foundry, Alchemists), and it gave the community an identity to organise around during the 2025 AI-token cycle. Users call themselves Alchemists. That kind of self-identification is difficult to manufacture and is one of the project's more durable assets.
The Sacred Laboratory is the primary interface, a browser-based environment where a user types a natural language description and receives a working prototype.
Editing is iterative and offers two modes. A user can describe changes in text through a wizard bot interface, or use visual annotation tools to circle a specific area of the generated app and request a targeted modification. That second mode is the more interesting design choice: it lets a non-technical user point at a problem rather than describe it, which is how people naturally give feedback on visual work.
Internally, generation is not a single model call. The platform runs a multi-agent workflow with separate specialised agents:
Prompt interpretation — parsing what the user actually wants
UI generation — building the interface layer
Logic construction — the application's behaviour and rules
Image synthesis / graphics — visual assets
Testing and review — sandboxed execution and quality checks
Third-party frontier models are integrated into the pipeline. The project has cited GPT-5 and Grok 4 integration as of 2026.
Generated code renders in a sandboxed environment to prevent unauthorised access to the user's device. For applications requiring local interaction, the platform integrates a Limited OS API providing controlled access to file systems or system settings.
This is a meaningful security design decision. A platform that generates and immediately executes arbitrary AI-written code is a genuine attack surface, and sandboxing by default is the correct baseline.
The platform automatically detects when a described application needs an external service and selects relevant third-party APIs. Integrations shipped or announced include the Pump Fun API (allowing users to pull pump.fun datasets into their apps), Meteora APIs, Azarus blockchain data capabilities, and a library of royalty-free images and video.
A peer-to-peer marketplace where applications generated on the platform can be bought, sold, rated and tipped, all denominated in ALCH. This creates a secondary economy for platform outputs and is the mechanism by which a creator can monetise something they built without writing code.
The most economically interesting component, and the one that shows the clearest design thinking.
Machina Foundry is an AI agent builder. Users define an agent's purpose, functions, personality and objectives through natural language prompts. Agents are fully customisable, reflect distinct personalities, and can themselves create apps and tools consistent with their character meaning the same underlying platform produces materially different outputs depending on the agent's configuration.
The token mechanics are where it gets clever. Once an agent is created, its creator can seed liquidity in ALCH for that agent. That liquidity is placed in Meteora pools, with 50% allocated to the ALCH ecosystem and 50% locked permanently. The ecosystem's share generates pool fees, which fund periodic ALCH buybacks.
The intended flywheel: purchasing an agent requires acquiring ALCH; agent creation seeds permanent liquidity; pool fees fund buybacks; a growing network of thousands of agents each produces applications that drive further platform usage.
Whether that flywheel spins at scale is unproven. But it is a genuine attempt to tie token demand to product usage rather than to speculation, which distinguishes it from the majority of AI-token designs from the same period.
An autonomous AI agent associated with the platform, maintaining a mystical persona consistent with the project's lore. Azarus functioned as the prototype for what Machina Foundry later generalised a single flagship agent before the platform allowed users to create their own.
A dedicated game generation capability, with Game Engine v1.2 announced on the 2026 roadmap. Games have consistently been among the most popular outputs on the platform, which makes sense: a small browser game is exactly the kind of self-contained artifact generative code is currently good at producing.
Total supply: 1,000,000,000 ALCH (some sources report 999,995,000 following burns)
Maximum supply: 1,000,000,000 capped and non-inflationary
Standard: SPL token on Solana
Contract: HNg5PYJmtqcmzXrv6S9zP1CDKk5BgDuyFBxbvNApump
This is the detail most worth knowing, and it is unusually holder-friendly for the category:
An 85% no-vesting public allocation with a 3% team allocation is close to the opposite of the structure that has characterised most failed token launches. There is no large locked investor tranche waiting to be distributed, no multi-year team cliff, and no supply overhang mechanically guaranteed to suppress price for years. Whatever else is true about ALCH, the distribution was not designed to extract from retail on a vesting schedule.
Both mint and freeze authority are disabled on the contract, and pool liquidity is reported at 99.95% locked. These are the correct baseline safety properties for an SPL token.
App generation — approximately 200 ALCH per application
Marketplace transactions — buying, selling and tipping on Arcane Forge
Premium features and faster generation via staking
Paid API access — connecting generated apps to third-party paid services
Machina Foundry — seeding agent liquidity and purchasing agents
Governance — planned, with voting rights reported as targeted for introduction before 2027
The utility model is consumption-based rather than speculative. Users spend ALCH to use the product, which is the structurally soundest form of token demand available.
Late November 2024 — Launch at approximately $0.0003.
2 January 2025 — First peak near $0.2357 during the AI-agent token mania that dominated the turn of the year.
25 February 2025 — All-time low around $0.0139–$0.0143, more than 90% below the January peak.
Through 2025 — Recovery driven by continued shipping. By late 2025 ALCH traded near $0.16–$0.17 with a market capitalisation around $140 million and a CoinMarketCap rank near #200.
18 December 2025 — All-time high of approximately $0.2434, marginally above the January 2025 peak. The token appeared among Binance Futures top gainers, up 22% in 24 hours.
2026 — Extended decline through the year alongside the broader AI-token drawdown.
September 2026 — Trading approximately $0.027–$0.030. Market capitalisation reported between $23.2 million and $31 million depending on source and date, with rank around #576 and roughly 26,900 holders. Daily volume figures vary widely between venues, from $151,000 on some trackers to $3.85 million on CoinGecko.
That volume divergence is worth noting: it typically reflects the difference between a single DEX pair and aggregate volume across all listed venues.
Alchemist AI was founded in 2024 in Hanoi, Vietnam:
Thien Phung Van — Founder and CFO, background in software entrepreneurship and finance, previously CEO and CFO at Vistia
Trong Pham Van — Co-founder, background in trading and corporate leadership
Duc Loc "Louis" Nguyen — CTO, leading technical development
The project launched bootstrapped, without venture capital. No institutional backing or formal governance structure has been documented in project materials.
A transparency caveat worth stating plainly: most publicly available team information comes from third-party databases rather than a public team page on the project's own site. The team is identified rather than anonymous, which places Alchemist AI well ahead of the many projects where no names exist at all — but the absence of a prominent, self-published team page is a legitimate item on an investor's checklist.
This section requires directness.
CertiK assigns Alchemist AI a security score of 3.4 out of 10, and lists the project as "Not Audited." No public third-party smart contract audit has been published.
In mitigation: no hacks, exploits or token contract incidents have been reported since launch in November 2024 — a period approaching two years. Mint and freeze authority are disabled, liquidity is 99.95% locked, and one security scanner assigns the ALCH/SOL pool a score of 89.19.
Holder concentration is the more material concern. The top 10 holders reportedly control around 87.29% of supply, with the largest single address holding approximately 237 million ALCH. Additionally, roughly 30.84% of tokens were purchased via bundled buys at launch, a pattern where multiple purchases execute in a single block, often associated with coordinated early accumulation.
Some of that concentration is likely liquidity pools, exchange custody and the locked treasury rather than individual holders, and an 85% no-vesting public launch mechanically produces a top-heavy holder table early on. But the figure is high, and anyone sizing a position should treat it as a real risk rather than an artifact.
Kraken's UK disclosure states that ALCH is unlikely to be a security under UK law, treating it as a utility token used for access to tools and marketplace payments. Indonesian regulators have permitted trading via Tokocrypto.
Listings on Kraken and LCX are meaningful because both operate under regulatory regimes requiring token assessment before listing. That is not an endorsement of price, but it is a form of third-party diligence that most Solana launch tokens never receive.
The most significant credibility milestone in the project's history. Alchemist AI announced acceptance into the NVIDIA Inception program, NVIDIA's programme for startups, providing participants with technical resources, go-to-market support and access to NVIDIA's developer ecosystem.
Why this matters more than a typical crypto partnership announcement: Inception is a Web2 technology programme with an application process, not a token partnership or a paid integration. For a bootstrapped Vietnamese startup that launched via a Solana token rather than a traditional seed round, acceptance represents external validation from outside the crypto ecosystem entirely. It is the kind of credential that supports the project's stated ambition to move beyond crypto-native users.
Alchemist AI has shipped platform versions at a consistent cadence, which is genuinely uncommon for tokens of this size.
V2 launched with the announcement that a new era had begun and that Arcane Forge would continue to prosper.
V3 came with an explicit strategic repositioning. The team announced it was rebranding from its indie roots to adopt a professional, corporate identity, citing a growing user base and prospective Web2 and Web3 partnerships. V3 brought enhanced AI capabilities, a redesigned interface, and improved tuning for AI-directed applications.
The V3 rebrand is the most strategically interesting decision the project has made. Abandoning an indie aesthetic that a community has attached itself to carries real risk of alienating existing users, and it only makes sense if the target is enterprise or mainstream adoption. Read alongside NVIDIA Inception, it indicates a deliberate attempt to become a software company that happens to have a token, rather than a token that happens to have software.
V3.5, announced for May 2026, brought faster content generation, reduced bugs, improved output quality and enhanced game logic.
Announced roadmap items across 2026 include:
Agent creator feature (Q2) — productising Machina Foundry
Game Engine v1.2 (Q2)
Freelance market (Q2) — connecting Alchemists offering build services with people who need applications
Updated UI/UX (Q2)
ALCH staking — tiered structure where longer lock periods and larger amounts yield higher returns, with stakers gaining enhanced governance weight
Governance voting — targeted for introduction before 2027
Mobile app — iOS and Play Store listing discussions reported as near final stages
The freelance market is the item most worth watching. It converts the platform from a tool into a two-sided marketplace, and marketplaces generate defensible network effects that tools do not.
January 2025 — Futures listings on OKX and Bybit; spot listing on EXMO
March 2026 — DigiFinex lists ALCH
17 April 2026 — Kraken lists ALCH
22 April 2026 — LCX Exchange lists ALCH/EUR
Additional venues including LBank, Tokocrypto and Raydium as the primary DEX
The Kraken and LCX listings in April 2026 were the high-water mark for accessibility, bringing ALCH onto two regulated European venues within a week.
The counterpoint arrived days earlier. On 24 April 2026, Hotcoin announced the delisting of the ALCH/USDT pair, citing a regular review of token liquidity and market performance. Trading was suspended on 29 April and withdrawals closed permanently on 29 May 2026.
Read honestly, these are not contradictory signals they measure different things. Kraken and LCX assessed regulatory suitability and listed. Hotcoin assessed trading volume on its own venue and delisted. A token can simultaneously be a legitimate utility asset and a thin, low-volume market. ALCH is both.
The project has maintained a steady drumbeat of integration announcements, each expanding what generated applications can actually do:
Pump Fun API — allowing users to integrate pump.fun datasets into their applications
Meteora APIs — DEX and liquidity data
Azarus blockchain data capabilities
Automatic API detection — the platform identifies and integrates relevant APIs based on the user's prompt alone
Game data APIs — saving high scores, game state and text content
Royalty-free media library — a substantial catalogue of images and video available to generated apps
Phantom wallet login — loading and saving applications with wallet-based authentication
Magic Orb — a feature release in December
Secured in-app payments
The automatic API detection feature is the most technically ambitious of these. Inferring from a natural language prompt which third-party services an application will need, then wiring them in without user configuration, is a harder problem than code generation itself.
Community identity as the primary channel. The "Alchemists" framing, the Alberon lore, and the Arcane Forge vocabulary gave users a self-identification that drove organic advocacy during the 2025 AI-token cycle. This was the project's cheapest and most effective acquisition channel.
Build-in-public cadence. "Updates from the Forge" posts on X detailing deployments in 24–48 hour windows, including minor bug fixes. Publishing routine maintenance is an unusual choice that signals operational confidence.
Bounty recruitment. Active solicitation of skilled Alchemists to develop advanced applications, with stated opportunities attached converting the user base into a content supply for the marketplace.
Milestone announcements as credibility marketing. NVIDIA Inception, the 100,000 application build threshold, and GPT-5 and Grok 4 integrations were each positioned to demonstrate that the product was real and improving.
Exchange listing sequencing. Each listing promoted as expanded access, with the Kraken and LCX announcements emphasising regulated venue legitimacy.
Roadmap transparency via aggregators. The project maintains detailed forward-looking event listings on calendar services, giving traders and users a visible pipeline.
Vision posts. Periodic long-form statements of mission that the core value of letting users create software through simple descriptions remains central reinforcing the product thesis rather than the token.
Notably absent: the project has not run the large paid airdrop campaigns, influencer packages, or price-prediction content saturation that characterised comparable AI tokens in the same period. Its promotional footprint is product-led.
What is working: the product ships, the build count is substantial, the distribution was fair, the team is identified, NVIDIA validated it, regulated exchanges listed it, and the Machina Foundry design genuinely attempts to tie token demand to usage.
What is not: the token is down roughly 88% from its December 2025 high. Holder concentration is extreme. There is no published audit, and CertiK scores it 3.4/10. Liquidity is thin enough that one exchange delisted the pair. AI tokens as a category suffered heavy drawdowns through 2026, and ALCH did not escape.
The structural question is whether app-generation demand can consume enough ALCH to matter against a 1 billion supply. At roughly 200 ALCH per app and 100,000 builds, cumulative generation consumption is on the order of 20 million ALCH about 2% of supply across the platform's entire history. Consumption-based token models are sound in principle, but they require usage volumes that most platforms never reach.
This is not financial advice. ALCH is a low-liquidity, highly concentrated small-cap token attached to a functioning product in a category that has been out of favour for most of 2026.
A no-code application development platform on Solana that converts plain-English descriptions into working, deployable web applications using a multi-agent AI pipeline.
No. This is the most common misconception. Alchemist AI is a software creation platform. ALCH pays for app generation and marketplace activity, not for trading signals or automated trading.
Approximately 200 ALCH per application, though pricing may vary by complexity and platform version.
The main browser-based interface where users describe an app and receive a working prototype. Editing is iterative, via a text-based wizard bot, or by visually circling part of the generated app and requesting changes to that area.
An AI agent builder where users define an agent's purpose and personality in natural language. Creators can seed ALCH liquidity for their agent into Meteora pools, with 50% going to the ALCH ecosystem and 50% locked permanently; ecosystem pool fees fund periodic ALCH buybacks.
A peer-to-peer marketplace where applications built on the platform are bought, sold, rated and tipped, with all transactions denominated in ALCH.
1,000,000,000 ALCH, hard-capped and non-inflationary. Any source describing newly minted ALCH through mining is incorrect.
85% to the public liquidity pool with no vesting, 5% marketing on a 3-month linear unlock, 7% treasury and ecosystem on a 12-month linear unlock, and 3% to the core team.
Founded in Hanoi, Vietnam in 2024 by Thien Phung Van (Founder and CFO, previously CEO and CFO at Vistia), Trong Pham Van (Co-founder) and Duc Loc "Louis" Nguyen (CTO). The project is bootstrapped with no documented VC round.
No Alchemist AI Foundation has been identified. The project operates as a startup company. Treat any entity claiming to be an official foundation with caution.
No public third-party smart contract audit has been published. CertiK lists the project as "Not Audited" with a security score of 3.4 out of 10. No hacks or contract incidents have been reported since the November 2024 launch.
The product is functional, has processed over 100,000 builds, the team is publicly identified, and it was accepted into NVIDIA's Inception program. Those are strong legitimacy signals. The counterweights are the absent audit, low CertiK score, and extreme holder concentration. Both sets of facts are true simultaneously.
Raydium is the primary decentralised venue on Solana. Centralised listings have included Kraken, LCX, LBank, DigiFinex, Tokocrypto, EXMO, with futures on OKX and Bybit. Hotcoin delisted the ALCH/USDT pair in April 2026.
Staking has been announced with a tiered structure where longer lock periods and larger amounts yield higher returns, and stakers gain enhanced governance weight. Reported third-party staking rates have been very low around 1% APR or below so check current terms before committing.
Approximately $0.2434 on 18 December 2025, marginally above an earlier peak near $0.2357 on 2 January 2025. It traded around $0.027–$0.030 in September 2026.
The platform runs a multi-agent pipeline with separate agents for prompt interpretation, UI generation, logic construction, image synthesis and testing, integrating third-party frontier models including GPT-5 and Grok 4 as of 2026.
Kraken's UK disclosure states ALCH is unlikely to be a security under UK law, treating it as a utility token for tool access and marketplace payments. This is a venue assessment, not a regulatory ruling, and classification varies by jurisdiction.
Extreme holder concentration (top 10 reportedly 87%), no published audit, thin liquidity that has already caused one delisting, a consumption-based demand model that must scale considerably against a 1 billion supply, competition from well-funded Web2 AI builders, and the sustained weakness of AI tokens as a category through 2026.
