[Alchemy Pay: Set to Launch L1 Blockchain Alchemy Chain Testnet Next Week] Crypto payment provider Alchemy Pay announced on the X platform that it plans to launch the L1 blockchain Alchemy Chain testnet on February 23 next week. Reportedly, this blockchain will be built on the Solana (SOL) virtual machine architecture and will provide a payment system allowing users to transact with both fiat currency and cryptocurrency for large-scale commercial applications.