An analyst reviewed several altcoin networks with weak on-chain fees and limited activity, highlighting pressure on Celestia, Sei, Sonic, and Monad, while saying Algorand has a relatively better technical setup.
Algorand jumped 21% on Friday to a nine-week high, driven by a Google Quantum AI research mention, Revolut enabling ALGO staking, and dip-buying after a recent all-time low. A falling wedge breakout signals potential upside to $0.139.
In early 2026, major crypto firms including Algorand, Gemini, and Crypto.com laid off about 450 staff. Some cite macro headwinds; others frame cuts as AI shift. Job postings drop 80% year-on-year.
Proof of stake lets token holders lock assets on-chain to help validate transactions and earn rewards. This article explains how PoS works, how validators are selected, and how it differs from proof of work.
Bitcoin dominance nears 60%, fear grips the market, but XLM, INJ, ALGO, XMR and TRUMP post double-digit gains. XLM jumps on DTCC's Russell 1000 tokenization plan, INJ rallies on staking/futures/ETF trifecta, ALGO rides AI narrative, XMR breaks out on privacy buzz, and TRUMP draws retail speculators.
The crypto market cap edged up 0.5% to $2.44T. Bitcoin slipped while ETH gained. StakeStone (STO) skyrocketed 114.92% and DRIFT dropped 33.84%. TON mainnet upgrade, Bitget AI trading launch, and FTX settlement with Nishad Singh updated the landscape. Fear & Greed Index remained at 12 signaling extreme fear.
Bitcoin dropped 2.2% and ETH fell 3.6% after the Fed's hawkish hold. Yet Ethena, TRON, Canton, Algorand, and Ether.fi rallied on Coinbase buying, DTCC pilot, record usage, and RWA momentum.
Algorand price jumped over 20% to an eight-week high after Google Quantum AI cited its post-quantum cryptography efforts 32 times in a new paper. Futures open interest surged 55%, and a bullish technical breakout above key moving averages strengthens the upside.
