Category: Algorand ecosystem

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Algorand Achieves New Record With 2 Billion Transactions, ALGO Price Jumps 14%

August 23, 2024

In a recent report analyzing the second quarter (Q2) performance of the Layer 1 (L1) blockchain Algorand (ALGO), data analytics firm Messari highlighted several notable milestones achieved by the network during the period, with a record in transactions being one of the most notable ones. Rapid Network Growth One of the key metrics that stood…
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Algorand Market Cap And TVL Skyrocket As ALGO Faces Critical Support Test

May 9, 2024

Blockchain platform Algorand achieved notable gains in key metrics during the year’s first quarter (Q1), aligning with the overall upward trend observed in the crypto market ecosystem.  However, despite this growth, its native token ALGO experienced a 22% price decrease since the beginning of Q2, putting a critical support line to the test and raising…
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