Algorand ALGO Will TAKE OFF 🚀 + 2,000% 🚀 ALGO Crypto HUGE UPDATE 2024 & My ALGO Price Prediction

Last updated Dec 10, 2024

00:00 Introduction to Algorand
02:40 ALGO Price Overview & Analysis
03:15 Algorand’s Latest News
07:21 Price Predictions for 2025

We are currently witnessing how the entire global financial system is in the process of migrating on to the blockchain! and Algorand (ALGO) is making headlines for its unique approach to scalability and decentralization. Algorand is furthermore an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees.

That is why I encourage everyone to dive into the exciting evolution of Algorand and its potential.
And In this video we’re gonna give you some insight on Algorand latest news and Why you should remain optimistic in 2024 and beyond, furthermore we will also look at some price predictions for 2025
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Algorand experienced a surge in Monthly Active Users, up nearly 34%, hitting a yearly high of 1,342,596. Daily Active Users also peaked at approximately 180,000 throughout the month.

Two factors have impacted the increase in daily and monthly users.

Launch of Coinbase Quests: The launch of Coinbase Quests in September drove the spike in DAU. These quests provided Coinbase users with an opportunity to engage with Algorand’s platform and ecosystem, driving a surge in user activity.

Increased exposure to Algorand’s dApps: As part of the Coinbase Quests, users could explore and interact with various dApps built on Algorand. This exposure likely contributed to the sustained increase in DAUs and MAUs, as different users discovered the potential of Algorand’s ecosystem.

So the partnership with Coinbase was a smart strategic move to showcase Algorand as an operational and functional Web3 platform and ecosystem to everyday users.

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