Alvey is a decentralized blockchain that uses a proof-of-stake consensus mechanism to randomly select producers for subsequent blocks based on the amount of cryptocurrency in the wallet and the maturity of the wallet.
On September 8th, according to official data, Alvey Chain ($WALV) has performed strongly in the past 24 hours, with a gain of 53.35%, leading the market gainers and far outperforming other popular tokens. This rise further consolidates Alvey Chain's position in the market and attracts more investors' attention.