Algorand's price stands at around $0.42, following a significant surge during Q4 of 2024, where it saw over 250% growth. Despite this surge, the ALGO coin is still far from its all-time high (ATH) of $3.28, a price it reached in 2019.
Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.
Algorand [ALGO] has captured attention in the blockchain community with a staggering 300% increase in its Total Value Locked (TVL) within just 30 days. This rapid growth has brought the blockchain's TVL to a peak of $244.74 million, a significant milestone for its ecosystem.
Algorand (ALGO) has recorded impressive price actions in the past few sessions as bulls pushed past crucial resistances. Further, the crypto project saw a significant surge in total value locked over the last month, underscoring renewed investor interest in Algorand blockchain.
Algorand's TVL has soared over 300% in 30 days, reaching $244 million before stabilizing at $184.5 million.
Algorand (ALGO) has been riding high in recent weeks, with a significant increase in active addresses on its network. Since December 1st, active addresses surged by an astonishing 300%, jumping from 123,570 to 427,230, signaling a rise in network activity.
Bitcoin (BTC) retreated sharply from its all-time high of $103,604, dipping to a low of $94,035 before recovering to climb back above $$97,000 and to its current level. The drop came a day after BTC crossed the historic $100,000 mark, with its market capitalization also shrinking to $1.95 trillion.
Algorand's active addresses spiked by 300% since 1st December. Over the past 24 hours, Algo has declined by 10.5% signaling market correction.
Over the last 30 days, Algorand's (ALGO) price has increased by 360% following a broader altcoin rally. As a result, daily active addresses on the Algorand network have surged to the highest point since November 7.
The Algorand network has registered a more than 300% surge in daily active addresses to about 313K in the past four days.
The altcoin industry has rebounded from the ashes of the 2022 crypto bear market and entered a new bull market phase, as Bitcoin (BTC) price continues to consolidate in a short-term bearish outlook.
The bulls have become pretty active but have shifted their focus on the primitive tokens, which have stood throughout the 2021 bull run and the 2022 bear market. One among them is Algorand, which has been displaying immense volatility regardless of the market trend.
Algorand (ALGO) has captured the attention of the cryptocurrency market with an extraordinary price surge. This altcoin's performance has outpaced many major assets, raising questions about its future trajectory.
Story Highlights The ALGO price soared ~320% in November and recorded a multi-year high. The technical indicators record increased bullish sentiment, hinting at a higher price target. A sustained bullish rally could push the price toward its upper price target of $0.60.
Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.
Algorand (ALGO), currently priced at around $0.43, has made impressive gains, especially with a recent surge of over 250% in valuation. Despite this rise, it still remains significantly below its all-time high (ATH) of $3.28, which occurred in June 2019.
Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.
Algorand (ALGO) has captured the spotlight in the cryptocurrency market, trading at $0.44 after a dramatic one-day gain of 17% and an impressive 47% rise over the past week.
Algorand is on a fast-paced surge to $1 amid a boom in Open Interest and general market outlook.
Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.
Algorand (ALGO) price has seen a jump in the last 24 hours, with the token swaying between an intra-day high of $0.408 and a low of $0.2952. This rally has prompted analysts to project a price surge above the $1 mark, largely driven by the ‘Golden Cross' observed on the ALGO price chart.
TL;DR Algorand (ALGO) reached a two-year high after a 37% increase in the last 24 hours, bringing its value to $0.3999, the highest level since November 2022. ALGO's TVL has grown by 26%, reaching $157.97 million, while open interest in futures has risen to its highest level since November 2022.
Algorand price experienced a strong bullish breakout on Nov. 29 as cryptocurrencies continued their uptrend. Algorand (ALGO), a top layer-1 network, surged to $0.40, marking its highest level since November 2022.
Smart contract platform Algorand (ALGO) is currently up 27% over the last 24 hours. Algorand continued its surge from yesterday, achieving highs of $0.38 in today's trading session.
Algorand's price has surged 19% over the past 24 hours, making it the market's top gainer. The double-digit price rally has pushed the altcoin's price to a two-year high of $0.34.
Algorand is back on the list of top performers with a broader market recovery as Bitcoin crosses above $96k. With a price surge of 20% this week, Algorand is ready for a cross above $0.50. Will Algorand price continue the bullish recovery? Let's find out in our latest ALGO price analysis.
The cryptocurrency market showed mixed yet promising movement today, November 29, 2024, with Bitcoin (BTC) maintaining its position at $96K, signaling continued market confidence. Meanwhile, altcoins saw varied performances, with some recording significant gains and others showing slight declines.
The crypto prices today remain steady compared to yesterday, showing minimal fluctuations over the last 24 hours. Bitcoin (BTC) regained $97K reflecting strong market sentiment, while major altcoins displayed mixed movements.
Algorand (ALGO) is making waves in the cryptocurrency market, with a surge in price and significant interest from both whales and retail traders. Amid a broader market correction, ALGO has gained attention as one of the top performers, attracting speculation of a potential breakout that could push its price to $0.42, a 30% increase from current levels.
Algorand (ALGO) spot inflow/outflow data indicates whales have been consistently accumulating the token.
In a world where financial innovation is reshaping how we invest, there's a lot happening in the crypto space right now. Whether you're a seasoned investor or someone just dipping their toes into blockchain waters, this is an exciting time to explore new opportunities.
Algorand (ALGO) price has seen a bullish rally in the last week with the price jumping over 40%. Following the price rally crypto analysts are suggesting a potential breakout, raising questions about whether ALGO price could reach the $1 mark soon.
The crypto prices today have largely followed a concerning bearish trend. Bitcoin (BTC) witnessed a sharp drop, reaching the $91K level.
The so-called “OG” coins like Cardano (ADA) and Algorand (ALGO) are seeing strong momentum as the crypto altseason starts. In this context, Finbold asked an artificial intelligence (AI) model whether ADA or ALGO makes a better buy for 2025.
The bulls, institutions, and market participants have become highly optimistic about the crypto markets, and as a result, the tokens have begun their journey to their highs. After the Bitcoin price rally, the altcoins were expected to take over some momentum.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
While Bitcoin calms after Trump-driven rallies above $93,000, Algorand (ALGO) witnesses a bullish revival. The altcoin remained elevated over the past few sessions, up 30% on its weekly chart. Meanwhile, ALGO's recovery prints a bullish engulfing candlestick, which completes a morning star setup.
With a market cap of $1.08 billion, ALGO price is currently ranking at 7th position in the crypto world. The ALGO token, trading at $0.1306, has increased by 7.15% in the past 24 hours. With a bullish recovery at play, will the bull run in Algorand tokens surge to $0.
Binance Exchange has announced plans to delist Algoran, DigiByte and GMX trading pairs.
Binance announces the removal of spot trading pairs ALGO/FDUSD, CHR/ETH, DGB/BTC, and GMX/BTC to maintain market quality. Trading bot services will also be terminated.
Story Highlights The current price of Algorand is . The Algorand price could reach a maximum of $0.361 in 2024. This altcoin may reach a high of $4.368 by 2030.
The automated trading platform UnTrade has reached a major milestone: $1,000,000 in Assets Under Management (AUM) in just 60 days since launching their product to retail users. This achievement isn't just about numbers – it's a testament to the hard work, dedication, and vision of the team over the past three years.
UnTrade, the rapidly growing algorithmic crypto trading platform, is excited to join the Finbridge Trading & Investing Expo in Ahmedabad, India. The event took place on September 28-29, 2024, at the EKA Club in Kankaria.
ALGO's latest price movement has drawn traders' attention to whether the token can break through a key technical barrier.
Algorand (ALGO) has been the center of attention as crypto currency enthusiasts and investors speculate about its future. Trading at around $0.13, ALGO remains significantly undervalued compared to its all-time high of $3.28.
ALGO could face a tough battle as it struggles to break above key resistance levels on its chart.
The collaboration among these blockchain entities could significantly enhance digital asset recovery, promoting broader crypto adoption and security. The post Cardano's IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance appeared first on Crypto Briefing.