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.
Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.
According to a recently released blog from Ondo Finance, Ondo Short-Term US Government Treasuries (OUSG), its tokenized fund is now available on Assetera, a marketplace recognized as Europe's first MiFID-licensed for blockchain-based securities.
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?
In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.
For Polygon Labs, the research and development arm of Polygon, 2024 was a breakthrough year, driven by Polymarket's mass adoption during the US presidential elections. 2025 kicked off strong as Polygon Labs partnered with Jio Platforms, the digital arm of Reliance Industries, to bring Web3 to over 450 million Jio users, boosting mass adoption.
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Polygon's Ecosystem Token (POL) is trending sideways after crashing to the bottom of the chart. The price of the cryptocurrency fell to $0.244 before rising again.
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.
Karpous takes another significant step toward making RWAs accessible to everyone. Running on Polygon, Karpous opens doors to yield generation inclusivity like never before.
Algorand could soar by 50% to reach the $0.45 level if it holds itself above the $0.315 level.
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.
Polygon [POL] is currently at a critical juncture, facing an uphill battle to reclaim its previous heights. The cryptocurrency, which had once surged to impressive levels, is now down by more than 55% from its post-election high of $0.70.
Kadena and the Croatian Football Federation signed a four-year collaboration, encompassing several massive global football events, including the 2026 FIFA World Cup and 2028 UEFA Euro Cup. The post Kadena Partners With Croatian Football Federation, ERC-20 Fan Token Migrates from Polygon appeared first on Cryptonews.
Deemed as the stepping stone toward making Ethereum (ETH) the internet of blockchains through a full-fledged multi-chain system, Polygon (POL) continues to attract attention in the crypto space.
The battle between $0.50 and $0.28 will determine if Polygon can regain its footing or continue to struggle.
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.
Polygon (POL) is currently navigating through a crucial price level, with the $0.50 range standing out as a key area that could determine its next major price movement. Recent on-chain data suggests that a significant portion of POL tokens has been accumulated in the price range between $0.364 and $0.509.
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.
Polygon Ecosystem Token (POL) has dropped to $0.277, the expected price level of the 2.0 Fibonacci expansion. Cryptocurrency price analysis brought by Coinidol.com.
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.
POL reclaiming $0.50 zone as support could lead to a rally, but failure to do so could trigger another sell-off.
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.
Crypto analysts note that POL needs to reclaim the $0.364-$0.509 range to prevent further sell-offs and stabilize its value.
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.
Polygon could see a whale led market recovery, although it also faces a potential drop.
Polygon (POL) is currently facing strong bearish price action, with experts predicting a potential 44% price drop amid the ongoing market downturn. As of January 30, 2025, technical analysis indicates that the cryptocurrency may experience significant declines, with the price potentially falling to as low as $0.23.
Struggle for Polygon continues with the declining network health amid Ethereum's failure to start a bull run. Will this lead the POL price to face a crushing blow to $0.23?
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.
In this ongoing market downturn, the Polygon ecosystem (POL) has formed a strong bearish price action, suggesting that a massive price decline is on the way, as reported by a prominent crypto expert on X (formerly Twitter).
Polygon (POL), the popular layer-2 scaling solution for Ethereum, is experiencing increasing bearish pressure. Recent data indicates that a staggering 93.5% of POL holders are “out of the money,” meaning they purchased their tokens at higher prices and are currently facing losses.
MATIC faces growing uncertainty as whales exit, price drops, and network engagement weakens further.
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.
Polygon coin retreated and flipped a key support level as its ecosystem slowdown persisted. Polygon (POL) dropped to $0.3910 on Tuesday, marking a decline of 47% from its December 2024 highs.
The price of Polygon Ecosystem Token (POL) has started to fall after breaking below the key support level of $0.45. Previously, the price of the altcoin was moving sideways.
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.
Polygon's Ecosystem Token (POL) has been facing significant bearish pressure in recent weeks, with its value continuing to trend downward despite some brief moments of market optimism. As traders watch closely, the prevailing sentiment in the market has tilted towards caution.
POL, the Polygon Ecosystem Token, has formed lower highs and lower lows - characteristic of a downtrend?
Algorand has unveiled the most inclusive staking reward program, offering payment to validators in real time.
Polygon (POL), a well-known layer-2 scaling solution, has been facing significant challenges recently, raising questions about its current valuation. As the token struggles with declining network activity, dApp volumes, and reduced investor interest, some analysts are beginning to question whether Polygon may be overvalued.
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.