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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.
Bitcoin (BTC) surged to a new all-time high earlier today, surpassing $105,000 to reach $109,350 as the US readies for Donald Trump's inauguration. BTC has risen nearly 4% over the past 24 hours as optimism in the markets builds ahead of the inauguration.
Algorand price rose more than 20% as the overall crypto-bullish sentiment seeped into the layer-1 blockchain's ecosystem. The ALGO token traded to highs of $0.47, the highest price level since Dec.10, 2024, when bears pushed bulls over the edge. After trading to lows of $0.32 in early January, Algorand price retested the crucial $0.
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
Algorand (ALGO) price has surged 20% in the last 24 hours, bringing its market cap back to $4 billion. Over the past seven days, ALGO has gained 38%.
Algorand (ALGO), a blockchain network known for its scalability and decentralization, has been steadily gaining attention in the cryptocurrency space. Despite its impressive surge of over 250% in Q4 2024, ALGO remains significantly below its all-time high (ATH) of $3.28, which it reached in June 2019.
The price of Algorand jumped more than 20% in 24 hours, retesting the key resistance level of $0.44 on Jan. 15.
ALGO crypto gains more than 14% in 24 hours but can this momentum spark a break out?
Algorand (ALGO), a layer-1 blockchain protocol, has experienced an uptick in price within the last 24 hours. ALGO is outperforming the crypto market by about 9%.
The crypto markets faced notable bearish pressure during the past week, which raised concerns over the upcoming price action. Meanwhile, the latest recovery suggests the tokens are on a bullish track as the global market capitalisation surged over $3.5 trillion while the sentiments have again become greedy.
RWA TVL grows by 34.6%: Algorand lays the foundations for the future of tokenization.
Bitcoin's (BTC) price action remained muted over the weekend as it traded sideways and hovered around the $95,000 mark. BTC had dipped to a low of $91,314 on Friday before recovering to climb above $94,000.
The cryptocurrency market has experienced a turbulent period recently, but there are signs of recovery as Bitcoin and other major altcoins make notable gains. Bitcoin has surged back above $94,000, sparking optimism across the broader market.
After witnessing a notable pullback, the crypto markets are trying hard to cope with the recent losses. The Bitcoin price surged back above $94,000 and is sustaining above the levels, increasing the bullish momentum within the markets.
Crypto wallet developer Exodus Movement Inc has made history in its journey as it got uplisted on the New York Stock Exchange (NYSE) American. For a firm that traded in the OTC Markets (OTCQX), this NYSE listing marks a major upgrade for the firm.
Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.
Algorand (ALGO) has been making waves in the cryptocurrency space lately, capturing the attention of traders and investors alike. With its strong performance on the charts, combined with increasing network activity and its innovative governance structure, ALGO is positioning itself as a major player in the market.
ALGO's near-term price action will be determined by a few key factors.
The cryptocurrency market has started to show signs of a recovery as Bitcoin's price strengthens, waking up altcoins that were previously suppressed under bearish pressure. Among the tokens gaining traction are Hedera (HBAR) and Algorand (ALGO), which have displayed considerable strength since the beginning of the year.
The crypto market has gotten off to a flying start to 2025, recovering from recent losses as investor optimism returns. Bitcoin (BTC) crossed $95,000, reaching an intraday high of $97,721 before registering a marginal drop and dropping to its current level of $96,712.
After a sluggish close for 2024, the crypto markets are trying hard to recover from the latest sluggish trend and as a result, the altcoins are trying hard to reclaim their dominance.
