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Will Algorand’s decentralization stimulant drive ALGO to achieve new highs

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ambcrypto.com

Algorand [ALGO], as of 22 September, was able to outperform most of the cryptocurrencies thanks to the recent “State Proofs” activation.

At press time, ALGO was 12.74% up as it rallied to $0.3578 per CoinMarketCap data.Interestingly, the price was not the only area that was affected.

The price tracking platform showed that ALGO had also witnessed a surge in volume, recording a 45.26% uptick in the last 24 hours.

Beyond the price, how exactly did this development affect the ALGO ecosystem?While making the announcement, ALGO’s founder noted that the State Proofs would enable ALGO link with bridges without any intermediaries.<p lang=«en» dir=«ltr» xml:lang=«en»>State Proofs are now live!

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