Algorand Foundation eliminates 25% of workforce amid crypto downturn. ALGO trades at $0.09, down 98% from highs, as layoffs ...
Algorand is down 66% year to date as of Dec. 18, 2025, after a sharp pullback from earlier enthusiasm. Circle's USDC support on Algorand gives developers easy access to a popular dollar-pegged asset.
The Algorand Foundation has tapped Nikolaos Bougalis, a veteran cryptographer and former Ripple engineering lead, as its new chief technology officer, the company said in a press release Monday.
While meme coins struggle to maintain traction, tokens with real-world use cases are drawing serious attention. Stellar, Algorand, Hedera, and Remittix (RTX) are all showing signs of activity that ...