In two months, Algorand .CWP-COIN-Chart Svg Path {Stroke-Width: 0.65! Important; }}
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The corner exceeded, and the chances of Algo bearers changed. The currency was not only wore $ 0.10 registered in early November, but did so in an amazing way.
By the time when the world knew that Donald Trump is the choice of the people, to replace Joe Biden, the ALGO price rose to $ 0.55, an increase of 500 %.
The recovery was a severe blow to buyers, most of whom were about to surrender, taking into account the stagnation and turmoil in the first half of 2024.
Now, as the market continues to oscillation and swing within a narrow range, as the best alternative currencies such as Bitcoin and Ethereum are struggling to penetrate the main resistance levels, there is optimism that the year 2025 may be the year of the algorand boom.
Algorand increased by 500% in the fourth quarter of 2024: What does it mean in 2025 for the ALGO price?
On the last day alone, Quinjico revealed that Algo increased by approximately 5%, which prompted prices to more than $ 0.41. Technically, this amazing flexibility and absorption can do so Suggest What awaits us.
From an artistic point of view, Algo is currently within the bull science. As long as the prices remain above the local support level at $ 0.30, there is a high possibility that buyers will pay the top, to break $ 0.50 and the highest levels of 2024 at about $ 0.55.
(Ghost)
If this is printed, there is no doubt that Algo has earned one dollar by the end of the year. After that, the currency may start targeting $ 3.5, the price that was last printed more than five years ago in June 2020.
This upward view is thanks partially To the very bullish encrypted currency market, improving morale on digital assets, and a series of ads from Algorand Foundation.
Algorand changes the survey signature game
What really raises the ALGO’s interest at the moment is the ALGORAND 4.0 upgrade version and advertisement From the new survey signing program.
Algorand 4.0 is a fundamental shift in how to distribute ownership proof of rewards in the future.
Under the new program, Algorand will distribute rewards to the actual time auditors, starting from 10 ALGO per block. The compensation will then be gently 1% after each million.
In addition, auditors will get 50% of the transactions fees from the blocs they successfully verify.
A new dawn for decentralization
Algorand 4.0 has become present, and consensus has been upgraded.
Today we are standing on the brink of a moment of transformation.
Thanks to this upgrade, Algorand has become safer and more royal for society than ever.
This is not just an upgrade, it is a revolution.
John Woods (@johnalanwoods) January 16, 2025
The decision to reward the auditors immediately is a flagrant contradiction with the settings in Solana and Ethereum, for example. All of this will be without prejudice to security, lowering stakeholders, or preventing users from using the assets stored in other decentralized financing operations.
John Woods, Executive Director of Technology at Algorand Foundation, said: “Algorand is used as an advanced encryption that makes it unnecessary to expose users’ money to the risk of punishment or loss – their Algo does not have to delegate to other sides or lock it to use to secure the network.”
It remains to see how Algo prices will be in the coming weeks. From the daily graph, the height speculators are the dominant and the community is enthusiastic. Algorand 4.0 is a major achievement and comes after the success of the Proof of Ownership in 2024.
By July 2024, the network collected more than two billion paid transactions with a significant rise in Defi and Trafi activities.
(source)
At the same time, Blockchain I attracted More developers.
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Will this special program for Alagrand pushing new high levels? The first time appeared on 99bitcoins.