Why did the price of ALGO go up?
Algorand (ALGO) increased by 1.82% in the last 24 hours, outperforming Bitcoin (+1.27%) and Ethereum (+1.32%). Three main factors contributed to this rise:
- Technical Breakout – ALGO surpassed the $0.245 resistance level, showing strong upward momentum.
- Institutional Support – XBTO Group became ALGO’s official market maker on August 29, improving liquidity.
- Altcoin Market Activity – The CoinMarketCap (CMC) Altcoin Season Index jumped 94% over the past month.
Deep Dive
1. Technical Momentum (Positive Signal)
Summary: ALGO moved above its 30-day simple moving average (SMA) at $0.246 and the Fibonacci 23.6% retracement level at $0.248. The Relative Strength Index (RSI) is at 51.51, suggesting there’s room for more buying. The Moving Average Convergence Divergence (MACD) indicator turned positive, signaling growing confidence among buyers.
What this means: Traders who use technical analysis likely bought ALGO as it passed these important price points, creating a cycle that supports further gains. The 7-day SMA at $0.234 is acting as a support level, indicating a short-term bullish trend.
What to watch: If ALGO closes above $0.256 (its July high), it could trigger automated buying from swing traders.
2. Market Maker Partnership (Positive Impact)
Summary: On August 29, XBTO Group started providing liquidity for ALGO, which helps smooth out USDC (a stablecoin) transactions between custody services and major exchanges like Binance and Kraken (XBTO announcement).
What this means: Better market liquidity reduces price slippage during large trades, making ALGO more appealing to institutional investors. This partnership also confirms Algorand’s readiness for regulated financial markets.
3. Altcoin Market Dynamics (Mixed Impact)
Summary: The CMC Altcoin Season Index rose to 66 from 34 in August, while Bitcoin’s market dominance dropped to 57.18%. ALGO’s 30-day price correlation with Ethereum increased to 0.82, benefiting from overall altcoin market inflows.
What this means: ALGO is benefiting from the broader altcoin market rally, but its 36.68% gain over 90 days is behind top performers like Solana (+82%). Some traders remain cautious about ALGO’s ability to keep up, especially with Tether planning to withdraw USDT from Algorand by September 1.
Conclusion
ALGO’s recent price breakout is driven by both technical factors and improved liquidity from institutional partnerships. However, its dependence on the wider altcoin market makes it vulnerable to shifts in investor sentiment.
Key point to watch: Whether ALGO can maintain support at $0.245 after September 12. If it falls below this level, some investors may take profits ahead of Tether’s full USDT withdrawal.
What could affect the price of ALGO?
Algorand’s price is currently influenced by a balance between growing real-world use and changes in the market.
- Tokenization Growth (Positive) – Algorand is focusing on real-world assets (RWAs) and meeting ISO 20022 standards, positioning itself in a market expected to reach $18.9 trillion in tokenized assets.
- Tether Withdrawal (Negative) – The planned removal of USDT from Algorand could reduce liquidity and activity in decentralized finance (DeFi) on the network.
- Regulatory Environment (Mixed) – The U.S. Securities and Exchange Commission (SEC) is becoming more supportive of innovation and tokenization, but global regulatory uncertainty remains.
Deep Dive
1. Real-World Asset Adoption (Positive Impact)
Overview:
Algorand’s roadmap for 2025 and beyond focuses on building infrastructure for tokenizing real-world assets. This aligns with a growing market expected to reach $18.9 trillion. Partnerships like Midas, which offers tokenized U.S. Treasury bills (mTBILL), and VersaBank’s pilot of a federally insured stablecoin (USDVB) show increasing interest from traditional financial institutions. Algorand’s compliance with ISO 20022 messaging standards and its carbon-neutral blockchain design make it attractive to traditional finance (TradFi) players.
What this means:
More activity involving real-world assets could increase demand for ALGO tokens, which are used to settle transactions on the network. Projects like Intermezzo, offering custodial APIs, and Rocca Wallet, providing a user-friendly experience without seed phrases, help make it easier for new users to participate. Historically, blockchains with strong real-world asset use, such as Ethereum, have experienced steady growth in value.
2. Tether’s USDT Exit (Negative Impact)
Overview:
Tether plans to phase out its USDT stablecoin on Algorand by September 2025, following similar moves on Solana and Stellar. USDT currently makes up about 53% of the stablecoin liquidity on Algorand-based decentralized exchanges (DEXs) like Pact and Tinyman.
What this means:
With less USDT liquidity, trading volumes and total value locked (TVL) in DeFi on Algorand could decline, potentially causing short-term downward pressure on ALGO’s price. However, Algorand-native stablecoins like USDVB, which is federally insured, may eventually replace USDT’s role and restore liquidity.
3. Regulatory & Macro Shifts (Mixed Impact)
Overview:
The SEC, led by Chair Paul Atkins, is showing a more innovation-friendly approach toward tokenization. The recent passage of the GENIUS Act in the U.S. supports this trend. Algorand’s design aligns well with these regulatory developments. However, regulations around cryptocurrency vary widely across different countries, creating uncertainty.
What this means:
Clear and supportive U.S. policies could speed up institutional adoption of Algorand, as seen with Algorand exchange-traded products (ETPs) managing $33 million in assets under management (AUM) in Europe. On the other hand, stricter regulations in important markets like the European Union could slow down growth.
Conclusion
Algorand’s price will depend on how well it executes its tokenization strategy while managing liquidity changes after USDT’s exit. Key price levels to watch are the $0.245 support (30-day simple moving average) and $0.272 resistance (Fibonacci level), which will indicate short-term momentum. The big question: Can Algorand’s partnerships in real-world assets make up for the loss of USDT liquidity by the end of 2025? Keep an eye on governance votes through xGov and the adoption of USDVB for signs of progress.
What are people saying about ALGO?
The Algorand community is divided between those optimistic about technical price moves and those taking a patient, long-term view. Here’s what’s currently trending:
- Positive price patterns aiming for $0.30 to $0.50
- Growing real-world use through Zebec’s crypto payroll integration
- Excitement around the upcoming roadmap for Algorand’s future development
Deep Dive
1. @AltcoinBreakout: Technical Rally to $0.30? Bullish
"Algorand rose 7.7% in 24 hours, reclaiming support around $0.25–$0.26. Next resistance is between $0.265 and $0.30."
– CoinMarketCap Community (Posted August 20, 2025 · 7.4K views)
View original post
What this means: This is a positive sign for ALGO as traders watch for a price breakout above $0.265. Momentum indicators like RSI at 56 and higher lows since mid-July suggest growing buying interest.
2. @AlgoFoundation: Real-World Adoption Mixed
"Zebec now supports ALGO for crypto payroll and Mastercard spending."
– @AlgoFoundation (233K followers · 18.2K views · July 24, 2025)
View original post
What this means: This is cautiously positive for ALGO. While Zebec’s integration shows real-world use, it’s too early to tell if this will significantly impact ALGO’s price, as Zebec’s user base is still growing.
3. @johnmorganFL: Roadmap Speculation Bullish
"Algorand’s new roadmap drops next week – shaping the future of blockchain fundamentals."
– @johnmorganFL (89K followers · 12.1K views · July 7, 2025)
View original post
What this means: Traders are optimistic about upcoming protocol upgrades. However, ALGO’s price has dropped about 10.7% over the past 30 days, showing some skepticism about short-term gains.
Conclusion
Overall, opinions on Algorand are mixed. Technical traders are hopeful for a breakout above $0.30, but real-world adoption numbers, like the $90 million in real-world asset value locked (RWA TVL), are still catching up. Keep an eye on the $0.245–$0.265 price range this week—a close above this could confirm bullish momentum, while falling below might test support near $0.22. The big question remains: will the upcoming roadmap be strong enough to attract renewed institutional interest?
What is the latest news about ALGO?
Algorand is adapting to changes in its ecosystem and showing positive signs as its technology improves. Here are the key updates:
- Tether Ends USDT Support (August 30, 2025) – USDT stablecoin is no longer supported on Algorand, which may affect liquidity.
- ETF Filing Rumors (September 2, 2025) – Growing interest from institutions as rumors circulate about an ALGO exchange-traded fund (ETF).
- 2025+ Roadmap Released (July 31, 2025) – Focus on easy-to-use tools, advanced security, and real-world use cases.
Deep Dive
1. Tether Ends USDT Support (August 30, 2025)
Overview:
Tether stopped supporting USDT on Algorand, Solana, and a few other blockchains to simplify its operations. At that time, USDT made up 53% of the stablecoin market, and Algorand held about $120 million in USDC stablecoins.
What this means:
This change is a short-term negative for ALGO because stablecoins like USDT are important for decentralized finance (DeFi) activities. However, Algorand’s growing use of USDC (which increased by 77% weekly in August) might help balance this out. Users have until 2026 to move their assets to other platforms (Bitget).
2. ETF Filing Rumors Gain Momentum (September 2, 2025)
Overview:
Experts are speculating that Algorand might file for an ALGO ETF after partnering with XBTO Group. Europe already has four Algorand exchange-traded products (ETPs) managing $33 million in assets.
What this means:
This is a positive sign for institutional interest. If an ETF is approved, it could bring more investment into ALGO, although regulatory approval in the U.S. is still uncertain. ALGO’s price has risen 35% over the past 90 days, reflecting growing optimism (SantoXBT).
3. 2025+ Roadmap Aims for Mainstream Use (July 31, 2025)
Overview:
Algorand’s new roadmap focuses on security against future quantum computers, integrating AI tools, and launching user-friendly products like Rocca Wallet (for self-custody) and Algokit 4.0 (an AI-powered developer toolkit).
What this means:
This is a cautiously optimistic outlook for the long term. While the roadmap strengthens Algorand’s technology, there are still risks in delivering on these plans. The network’s growth—179% increase in nodes since January 2025 and 1 million daily transactions—shows strong fundamentals (CoinMarketCap).
Conclusion
Algorand is facing mixed signals: losing USDT support creates short-term challenges, but ETF rumors and technology upgrades highlight its appeal to institutions. With a Relative Strength Index (RSI) of 61 (neutral to bullish) and a 7-day price increase of 6.58%, ALGO’s future depends on how well DeFi recovers and how clear regulations become. Will Algorand’s focus on real-world assets help balance out stablecoin volatility in the last quarter of 2025?
What is expected in the development of ALGO?
Algorand is making progress with these key developments:
- xGov Grant Applications (September 2025) – Community-driven funding to support ecosystem growth.
- Project King Safety (2026) – A major update to the protocol aimed at improving sustainability and security.
- Rocca Wallet Preview (Q4 2025) – A new, easy-to-use wallet that doesn’t require seed phrases, designed for everyday users.
Deep Dive
1. xGov Grant Applications (September 2025)
Overview:
The xGov platform, which launched in August 2025, will start accepting grant applications in early September. This program lets developers and teams apply for funding to support open-source projects that benefit the Algorand ecosystem. For 2026, the initial budget is set at 3 million ALGO tokens. Currently, some processes like identity verification (KYC) are handled manually but will be automated by early 2026 (Algorand Forum).
What this means:
This is a positive sign for ALGO because giving the community control over funding can attract more developers and encourage a wider range of projects. However, the success depends on active participation from the community—if voter turnout is low, progress could slow down.
2. Project King Safety (2026)
Overview:
This project aims to redesign Algorand’s economic system to ensure it remains sustainable and secure over the long term. While details are still limited, a detailed position paper is expected later in 2025 (CoinMarketCap).
What this means:
This update could be good news for ALGO holders because it might help control inflation and improve the overall health of the token economy (currently, about 8.77 billion ALGO are in circulation). However, since specifics are not yet available, it may not have an immediate impact on the price.
3. Rocca Wallet Preview (Q4 2025)
Overview:
The Rocca Wallet will offer a new way to manage Algorand assets without needing to remember or store complicated seed phrases. It uses decentralized identity (DID) technology and passkey logins, making it more accessible for people who are new to cryptocurrency (Algorand Foundation).
What this means:
This is a strong step toward making Algorand easier to use for everyday people, which could boost adoption. The wallet’s success will depend on how well it works with existing decentralized apps (dApps) and passes security checks.
Conclusion
Algorand’s roadmap shows a balanced approach: technical improvements with Project King Safety, user-friendly tools like the Rocca Wallet, and community-driven governance through xGov. By focusing on real-world use cases such as tokenization and compliance with financial standards like ISO 20022, ALGO is positioning itself for broader institutional use. The big question is whether decentralized governance will help Algorand innovate faster than competitors like Solana.
What updates are there in the ALGO code base?
Algorand’s technology got major upgrades in 2025, focusing on making different blockchains work together, improving governance, and protecting against future quantum computer threats.
- Wormhole NTT Integration (July 1, 2025) – Made it easy to transfer tokens directly across more than 40 blockchains.
- 2025+ Roadmap Launch (July 31, 2025) – Rolled out new security features against quantum attacks, AI-powered developer tools, and community-led decision-making.
- Node Growth & Decentralization (January 2025) – The number of network nodes jumped 179%, making the network more secure.
Deep Dive
1. Wormhole NTT Integration (July 1, 2025)
What happened: Algorand added support for Wormhole’s Native Token Transfer (NTT) standard. This lets tokens move directly between blockchains like Algorand, Ethereum, and Solana without needing “wrapped” versions of those tokens.
This upgrade makes it easier for decentralized finance (DeFi) projects to work across multiple blockchains. For example, stablecoins can now move natively between Algorand and other chains, increasing liquidity and options for users. The partnership with Folks Finance helps Algorand’s DeFi apps connect to bigger pools of funds.
Why it matters: This is good news for ALGO because it positions Algorand as a key player in cross-chain activity, attracting developers who want smooth interoperability. (Source)
2. 2025+ Roadmap Launch (July 31, 2025)
What happened: Algorand announced several big updates:
- Project King Safety: A redesign of the protocol’s economic model.
- Algokit 4.0: New developer tools powered by artificial intelligence.
- Post-Quantum Signatures: Security upgrades to protect accounts from future quantum computer attacks.
They also released new software development kits (SDKs) in Rust and Swift to attract more developers. Plus, the community governance system (xGov) will let users vote on grant funding directly on the blockchain by late 2025.
Why it matters: These updates are cautiously optimistic for ALGO. The improved security and developer tools could attract businesses, but success depends on how well these plans are executed. (Source)
3. Node Growth & Decentralization (January 2025)
What happened: The number of Algorand nodes increased by 179%, reaching 3,894 nodes. This growth was driven by better staking rewards and making it easier for people to participate.
The Algorand Foundation also reduced its own stake to encourage decentralization, staying true to its goal of avoiding network forks (splits). This makes the network stronger and less dependent on a few centralized validators.
Why it matters: This is positive for ALGO because a more decentralized network builds trust and security, which is important for attracting institutional users. (Source)
Conclusion
Algorand’s 2025 updates focus on making the network more connected across blockchains, ready for future quantum threats, and governed by its community. While the technical improvements are promising, the real test will be how widely tools like Algokit 4.0 get adopted.
One key question remains: How will Algorand’s compliance with ISO 20022 help connect traditional finance (TradFi) with decentralized finance (DeFi)?