Alchemist AI (ALCH) Surges 36% After E-Commerce Toolbox Launch

ALCH, the native token of Alchemist AI, recorded a double-digit price surge on Monday, following the launch of Alchemist Toolboxes. According to CoinGecko data, the token surged by over 36%, trading at $0.6 before briefly retracting. 

Alchemist AI Launches E-Commerce Toolbox 

In an official announcement on X (formerly Twitter), the team unveiled Alchemist AI Toolboxes. This new feature is a collection of specialized, pre-configured APIs, tools and optimized AI models that streamline app development and deployment. 

Introducing Toolboxes 🛠

We’re making app development even smarter and more efficient with Toolboxes—specialized sets of APIs, tools, and optimized models that give Alchemist AI pre-configured functionality for specific use cases.

E-Commerce 🛍️

The first Alchemist AI Toolbox… pic.twitter.com/AJwXKqINBV

— ALCHEMIST AI 🔮 (@alchemistAIapp) March 2, 2025

In line with the platform’s overall no-code model, Alchemist AI Toolboxes allow users to build apps without requiring any coding skills using readily available functionalities. Since the components of the app are already pre-configured, developers can quickly launch their apps without building everything from scratch.

Each toolbox is designed to focus on specific use cases, including e-commerce, marketing, and customer service. It also offers optimized models that are relevant to a particular industry. Alchemist’s Toolboxes provide users with greater customization capabilities, as they can select features to integrate into their projects to suit specific needs. 

The Alchemist AI team launched the first Toolbox on Monday, designed to focus on the e-commerce industry. The E-commerce toolbox makes creating fully functional online stores seamless and more efficient.

How the E-Commerce Toolbox Works

The E-commerce Toolbox is very easy to use, as users can build their online e-commerce stores with just a few simple prompts. The first step is to select the “E-commerce Toolbox” option when generating an app on the Alchemist AI platform.

Users are then required to add their email address, which will notify them of orders placed on their online store. Users also need to add their Stripe API keys to allow them to securely process payments and manage transactions on the app. 

Next, users need to describe their store, including what products are available for purchase and their prices. They can also choose to include images related to their product offerings. 

Once the user has provided the necessary details for their online store, they click “Generate” and Alchemist AI will build the app in minutes. Users can also use the customization feature available on the platform to edit their online store to better suit their needs. 

Alchemist’s e-commerce toolbox creates a fully functional online store for users, with automated order confirmation emails for both users and their customers. Moreover, the integration with Stripe allows invoices to be automatically recorded on the payment processing platform. 

What is Alchemist AI?

Alchemist AI is a next-gen code-free development platform that helps users build apps without advanced coding skills. Built on the Solana blockchain, Alchemist uses natural language processing (NLP) to turn ideas into reality.

Over the past few months, the platform has emerged as one of the top AI applications by market capitalization. According to data from CoinGecko, Alchemist AI has a market cap of over $45 million at the time of writing. 

Last month, the leading crypto exchange Bybit launched a token splash event that would allow participants to earn ALCH tokens. The event, which is still ongoing, allows eligible users to earn a share of the 2 million ALCH prize pool by depositing, purchasing, and trading ALCH tokens on Bybit.