Institutional interest and technology drive Algorand price rises $0.255
Source: CoinWorld
Time: 2025-09-10 03:00:38
Algorand (ALGO) has seen a breakthrough in trading model, with analysts viewing $0.255 as a key goal. Factors driving its rise include institutional investors’ interest, favorable regulatory provisions, and their high throughput and low-cost proof-of-stake mechanisms. The momentum is supported by ecosystem growth in DeFi, NFT and supply chain solutions, while technical indicators show strong buying pressure. Despite the risks of cryptocurrency volatility, ALGO's low correlation with major assets makes it an attractive diversified investment option.