Algorand's ALGO Jumps 22% in Hours to Highest Since January
- —ALGO gained 22% in hours, rising from under $0.12 to above $0.14
- —The token is up over 60% from its late-March record low near $0.08
- —The Aug. 22 v5.0.0 upgrade added accounts secured by Falcon-1024 signatures
- —USDC on Algorand leads Coinbase's x402 standard for AI-agent payments
Why it matters: Quantum resistance and AI-agent payments are emerging demand drivers for ALGO, though the network itself is not yet fully quantum-safe.
Source: Newsbit