city Santiment UPS Platform CoinMarketCap Beyond city Santiment

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

Reading now: 145

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!

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News