$1.29
1H
-18.90%$0.3006
24H
-18.55%$0.2938
7D
-7.54%$0.1052
30D
2.17%$0.0274
Algorand (ALGO) is a scalable, secure and decentralized digital currency and transactions platform. It has a circulating supply of 28.4 Million coins and a max supply of 10 Billion coins. The most active exchange that is trading Algorand is Bitfinex.
Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a seamless manner.
Xfinite will run a fair and transparent ecosystem that will utilize Algorand’s Protocol Evolution system to power community consensus-based governance and decentralized finance initiatives.
A critical phase in Elrond’s evolution over the coming year will be the launch of Maiar, the first app to debut on the network.
Overall, $6.6 billion worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day on TRON making it arguably the number one network for USDT.
Both Algorand and the Algorand Foundation are actively developing the protocol to ensure long-term sustainability.