>>20144789Alephium the ticker is ALPH.
Hashrate is at ATH because the first ASICs are coming online. Goldshell is first to market, holding the monopoly with an overpriced weak though efficient product. Bitmain is next up. Their unit will be orders of magnitude more powerful and will send hashrate parabolic.
There are even more bullish catalyst for ALPH, but the hashrate alone is enough narrative. Look at the price of Kaspa or KDA when these crossed the ASIC rubicon.
ALPH may continue to retrace from here, just depends on bitcoin. I reloaded at $2.22 /biz/