ALEO's

↗17%

weekly surge is outpacing Layer 1 peers, though the

faces headwinds as selling activity remains elevated.

Recent momentum meets caution

The approximately

↗17%

weekly gain contrasts with a

↘18%

monthly decline, creating mixed signals about whether the bounce can sustain as traders remain cautious.

Trading activity accelerates

Price climbed roughly

↗17%

over the past week while trading volume jumped approximately

↗109%

over the past day, outpacing the Layer 1 category's roughly

↗3%

weekly gain. The project's focus on programmable privacy continues to differentiate it in the blockchain space.

Sellers still outnumber buyers

More sellers than buyers remain active, with a 1.85x ratio and cumulative selling reaching approximately $40.52M, suggesting hesitation despite the recent price recovery.