Share this article
Alchemy Expands Free Tier in Bid to Attract More Blockchain Developers to Platform
The blockchain infrastructure startup says easy access to developer services helps projects "unfold at a higher velocity."
By Danny Nelson
Updated Sep 14, 2021, 1:43 p.m. Published Aug 20, 2021, 3:16 p.m.
Crypto back-end firm Alchemy is expanding its free services in an attempt to woo more coders into the blockchain development space.
STORY CONTINUES BELOW
The infrastructure startup, which helps crypto companies read and write data from blockchains, said the move is designed to make it easier for up-and-coming developers to gain a footing, whether they are building decentralized finance (DeFi) portals or non-fungible token (NFT) marketplaces.
Paul Almasi, head of growth for Alchemy, said projects should be able to "unfold at a higher velocity” with more easy access to developer services.
In the long term, those free-tier customers could end up growing, and paying Alchemy, for more. That’s what happened with early clients OpenSea and CryptoPunks, Alchemy said in a press release.
Read more: ‘AWS for Blockchains’ Alchemy Closes $80M Funding Round at $505M Valuation
The firm said on-platform developer activity increased 500% in the months following its last free-tier expansion in January. The new increase, which is substantially larger, is expected to juice activity further.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Expands Reach of Stablecoin-Based AI Agent Payments Tool
The updated protocol, x402 V2, allows developers to combine payments, enable secure wallet access, and add new features via a clean, modular design.
What to know:
- Coinbase has released the latest version of its stablecoin-based payments protocol for AI agents, making it easier to extend and plug in the autonomous payments system.
- The new version adds wallet-based identity, automatic API discovery, dynamic payment recipients, and support for more chains and fiat.
Top Stories
