Electrochemical Li-alloying reactions with Li-rich alloy phases render a much higher theoretical capacity that is critical for high-energy batteries, and the accompanying phase transition determines the alloying/dealloying reversibility and cycling stability. However, the influence of phase-transition characteristics upon the thermodynamic properties and diffusion kinetic mechanisms among the two categories of alloys, solid-solutions and intermetallic compounds, remains incomplete. Here we investigated three representative Li-alloys: Li–Ag alloy of extended solid-solution regions; Li–Zn alloy of an intermetallic compound with a solid-solution phase of a very narrow window in Li atom concentration; and Li–Al alloy of an intermetallic compound. Solid-solution phases undertake a much lower phase-transition energy barrier than the intermetallic compounds, leading to a considerably higher Li-alloying/dealloying reversibility and cycling stability, which is due to the subtle structural change and chemical potential gradient built up inside of the solid-solution phases. These two effects enable the Li atoms to enter the bulk of the Li-Ag alloy to form a homogeneous alloy phase. The pouch cell of the Li-rich Li20Ag alloy pairs with a LiNi0.8Co0.1Mn0.1O2 cathode under an areal capacity of 3.5 mAh cm–2 can retain 87% of its initial capacity after 250 cycles with an enhanced Coulombic efficiency of 99.8 ± 0.1%. While Li-alloying reactions and the alloy phase transitions have always been tightly linked in past studies, our findings provide important guidelines for the intelligent design of components for secondary metal batteries.