Algorand Hits 1.03M Daily Transactions as Weekly TPS Peaks at 11.91
- —Chainspect: Algorand weekly throughput peaked at 11.91 TPS
- —Network processed 1.03 million transactions in one day
- —Trader XRPathologist set a $25–28 target using log-scale Fibonacci
- —ALGO traded near $0.12 at the time of the post
Why it matters: Rising on-chain activity strengthens the bull case, but a $25–28 target would require a full regime shift in adoption and liquidity.
Source: DailyCoin