Algorand's ALGO jumps 50% in April after Google cites it for quantum-resistant blockchain tech.

Algorand's ALGO token surged about 50% in April, rising from $0.079 to $0.126 and pushing its market cap above $1 billion. The rally was driven primarily by a Google Quantum AI research paper that cited Algorand 32 times as a leading example of post-quantum blockchain security, highlighting its FALCON signature scheme and State Proofs. Additional support came from US regulators classifying ALGO as a digital commodity, Revolut launching ALGO staking, and a sharp increase in derivatives open interest. The market now watches if the quantum security narrative will sustain ALGO's momentum amid broader macro factors.