Price Cuts at Blockchain Platform Alchemy Reveal Persistence of Crypto Winter

Price Cuts at Blockchain Platform Alchemy Reveal Persistence of Crypto Winter


Crypto winter is leading some blockchain firms to cut prices or offer lower-cost service tiers.

Alchemy, a blockchain infrastructure platform that gives developers tools to build applications, on Wednesday released a new payment plan that aims for greater affordability and flexibility – acknowledging the pain of the current market, with major cryptocurrencies like bitcoin (BTC) and ether (ETH) still well off their highs despite this year’s rally.

The plan, “Alchemy Scale Tier,” comes amidst a brutal retrenchment for the crypto industry which has sliced budgets for developers who want to continue building applications for blockchains. The plan will consist of two options that let developers choose how much

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