DeFi· ★★★· bullish·

Algorand Goes Quantum-Proof, Hires Ex-Chainlink Executive; ALGO Up 72%

  • —ALGO trades near $0.133, up 16% in a day and 72% in six weeks
  • —The network switched on a quantum-resistant upgrade in late August
  • —William Herkelrath, a Chainlink veteran, became CEO on August 31
  • —Active wallets hit 677,000 in August, up 29.6% from July
Why it matters: Quantum protection and an institutional push could set Algorand apart, though the price rally still tracks a broad market move.
Source: Cointribune EN