Algorand Foundation is restructuring by indefinitely pausing its xGov grants program starting December 6 and closing its forum on November 6, shifting community engagement to Discord. The Ecosystem Advisory Council and Algorand Technical Council sponsorship will end, while staking rewards remain guaranteed through January 2028. The foundation also dropped plans for supply inflation, MEV capture, and higher fees, focusing instead on sustainable revenue and advancing post-quantum security. These changes mark a strategic pivot toward long-term network sustainability and security rather than expanding community-led initiatives.
Following Algorand Foundation's strategic shift announced recently, ALGO shows positive momentum on Pluang, trading at Rp1.725 with a 2.01% gain as of Nov 07, 2026 14:21 WIB. The market cap stands at Rp15,57 trillion with a 24-hour trading volume of Rp1,04 trillion. Most Pluang users are buying ALGO, with 87% buy orders and an average holding period of 131 days, indicating sustained investor interest despite the foundation's changes.
Algorand implemented a mandatory upgrade for all node operators to run algod version 5.0.5 starting November 5. This update focuses on maintaining the network's consensus protocol, which is crucial for the blockchain's security and performance. The u...
Injective (INJ) surged 13.14% to $8.04, leading gains among the top cryptocurrencies on Nov. 4, with 84 of the 90 largest coins rising. Other notable gainers included Pearl (PEARL), Stacks (STX), Algorand (ALGO), and Zcash (ZEC), each up over 10%. Me...
