Algorand ALGO Tests $0.26 Support Amid 40% Upside Potential and Strong Q2 Network Growth
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最新报道：Algorand (ALGO) is testing key support at $0.26 after a 40% rally, with analysts noting strong Q2 network growth could drive further upside. The blockchain saw a 110% quarter-over-quarter increase in daily transactions, reaching 1 million, while active addresses grew 60% to 350,000. Algorand's partnership with FIFA and increased institutional adoption are cited as growth catalysts, though technical indicators suggest the $0.30 resistance level remains a challenge. The network's carbon-negative status and low transaction fees continue attracting developers amid the bear market.
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