Algorand price remains under intense pressure after crashing by over 90% from its all-time high to the current $0.2585. Its market cap has crashed from over $12 billion at its peak to the current $2.1 billion. This article explores why the ALGO token price has crashed and why a rebound is likely.

Several gaming companies with over $1 billion in valuation are now actively considering token launches, according to Immutable co-founder Robbie Ferguson. In a Feb.

The crypto market is showing signs of a recovery after weeks of bearish sentiment. Bitcoin (BTC) is up nearly 2%, reclaiming $97,000 as bullish sentiment returned after weeks of muted price action.

Algorand price at $0.25 aims for a quick reversal run with a potential trendline breakout. Will this breakout propel ALGO price to $1?

Since the launch of the first NFTs, they have gradually gained popularity not only among crypto investors but also among artists, celebrities, and people from all walks of life. But popularity brought some challenges.

AI-powered trading bots are revolutionizing the crypto market, offering precision, speed, and emotion-free trading. Discover how Bitget's AI-driven trading bots simplify crypto investing and help traders maximize their profits.

Conflux (CFX) Network has announced changes to key parameters following the conclusion of its 14th voting round. Key adjustments include increases in PoW block rewards and interest rates.

Conflux (CFX) Network outlines its parameter voting mechanism, detailing how users can influence network parameters through staking and voting on the blockchain.

Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.

Algorand could soar by 50% to reach the $0.45 level if it holds itself above the $0.315 level.

Metaplanet shares have risen 4,800% as the company, known as “Asia's MicroStrategy,” has stacked Bitcoin.

Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December.

Algorand (ALGO) is once again garnering attention for its potential to rebound. After facing a period of decline, technical indicators are suggesting that the cryptocurrency could be on the verge of a significant price breakout.

Algorand shows promising signs of a potential rebound, supported by technical indicators.

Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.

Algorand Foundation has pitched its network to the Department of Government Efficiency (D.O.G.E) as suitable for taking the US government operations on-chain. In a post on X, the Foundation noted that the pure proof-of-stake (PPoS) network is ideal.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

The Algorand Foundation has publicly urged Elon Musk's Department of Government Efficiency (DOGE) to adopt its blockchain for government operations. In a Feb. 4 post on X, the foundation highlighted how Algorand's technology could enhance transparency, particularly in tracking federal expenditures.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

India's markets regulator on Tuesday introduced rules for the approval and tracking of the use of algorithmic trading by retail investors to protect them amid rising demand.

Cryptocurrency traders have been keeping a close eye on Algorand (ALGO) lately, and for good reason. The digital asset is currently consolidating in a symmetrical triangle pattern, a technical formation that often precedes significant price movements.

Algorand consolidates within a symmetrical triangle, hinting at a 54% breakout. Rising MVRV, institutional backing, and market interest suggest bullish momentum.

Algorand (ALGO) shows potential bullish breakout signal, with analysts projecting major price movements fueled by US crypto policy developments.

Velar launches the BTC Name Grant Program to drive .btc digital identity adoption and unify the Stacks ecosystem.

Velar's new initiative aims to improve Bitcoin interactions, partnering with Stacks and other leaders to enhance user identity management.

Velar and its partners have raised more than 6,000 STX to incentivize users to adopt the .BTC digital identity on the Stacks layer-2 network.

ImmutableX (IMX), the native token of the Immutable blockchain, is showing signs of a significant upside rally, despite prevailing bearish market conditions. Recently, IMX reached a crucial support level at $1.05, which has historically acted as a springboard for upward momentum.

Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.

Amid the bearish market sentiment, Immutable's native token, IMX, has reached a crucial support level of $1.05 and is poised for a significant upside rally. According to IMX's daily chart, this support level has always been favorable for the altcoin, often triggering upward momentum.

More than 75% of ALGO's active addresses are at the money, denoting $0.38 as a key support or resistance level depending on where the price is.

Story Highlights The current price of Algorand is . The Algorand price could reach a maximum of $0.89 in 2025. This altcoin may reach a high of $5.68 by 2030. The Algorand price has surged >250% in valuation in Q4 2024.

Bitcoin (BTC) witnessed a sudden slump late on Sunday as the price plummeted from around $105,000 to an intraday low of $100,905. The flagship cryptocurrency is struggling to recover and is trading around $101,400, having dropped over 3% over the past 24 hours.

Algorand has unveiled the most inclusive staking reward program, offering payment to validators in real time.

Algorand, a prominent blockchain platform, has reached a significant milestone by expanding its validator node network to 3,702. This represents a remarkable 74% growth since mid-December 2024, positioning Algorand as the second-largest Layer 1 blockchain in terms of validator nodes.

Algorand (ALGO) announced that the staking rewards program went live on the blockchain post a major consensus upgrade this week and the ALGO token soared by almost 5% in 24 hours.

Bitcoin (BTC) has recovered from its recent slump, which saw the price drop to an intraday low of $101,441 late on Thursday. The flagship cryptocurrency has registered an increase of nearly 3% over the past 24 hours and is currently trading around $104,612, with bulls looking to push it beyond $105,000.

Algorand, a proof-of-stake blockchain network, has introduced a new staking rewards program to incentivize validators. This development follows the network's recent upgrade to its consensus mechanism, adding new capabilities for participants.

Algorand (ALGO), the Layer 1 blockchain that has gained attention for its scalability and efficient consensus mechanism, has seen impressive growth in its Total Value Locked (TVL) over recent months. The TVL more than doubled from $70 million in October 2024 to $164 million, signaling an uptick in decentralized finance (DeFi) activity on the network.

Proof-of-stake blockchain network Algorand has announced that staking rewards are now live, offering real-time block reward payouts to validators.

Algorand's price moved sideways this week, mirroring the performance of most altcoins following Donald Trump's inauguration. Algorand (ALGO), a top layer-2 network, was trading at $0.4165, about 16% below its highest level last week.

The revolution of sustainable energy in Italy

The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.

Hermetica, a decentralized finance (DeFi) protocol operating on Bitcoin Layer 2 Stacks, has announced a major liquidity initiative that is set to establish USDh as the largest stablecoin within the Stacks ecosystem. USDh is Hermetica's Bitcoin-backed yield-bearing stablecoin. The protocol has finalised a liquidity deal that will bring in approximately $3 million in USDh liquidity.

Data from Coinalyze underlined the downtrend of both the Open Interest and the spot CVD over the past 24 hours.

Italian green energy company Enel Group has entered the tokenization market to launch fractional ownership of solar panels on the Algorand blockchain. The tokenised product was developed as a part of a collaboration between Enel Group and cryptocurrency wallet provider Conio, a January 21 post from the Algorand Foundation said.

This new initiative gives Italians the opportunity to own a portion of solar farms. They can use this ownership to offset their energy bills.

Enel and wallet provider Conio's tokenization initiative lets Italians offset energy bills via partial ownership of solar farms on Algorand.

CoinGecko has launched a new category of cryptocurrencies dubbed “Made in USA” ahead of the US Inauguration Day. The announcement, made on January 20 via a post on X, is seemingly its latest initiative to spotlight US-affiliated crypto projects as Donald Trump begins his second term as US President.