Algorand announced that USDC transactions on its blockchain network have reached a new annual record, highlighting increased activity and adoption of the stablecoin. USDC, issued by Circle, is designed to maintain a stable value pegged to the U.S. dollar, making it a popular choice for digital transactions. This milestone reflects growing trust and usage of stablecoins in blockchain ecosystems, potentially encouraging further integration and development in the digital asset space.
Algorand's ALGO token is trading at Rp1.642 with a 1-day decline of 1.85%, contrasting with USDC's more stable price of Rp18.072 and a slight 0.11% drop as of Nov 11, 2026 07:41 WIB. While ALGO shows a high sell activity of 97% on Pluang, USDC sees a majority of 68% buy orders, reflecting differing investor sentiment despite USDC's record transaction milestone on Algorand's network. The typical hold time on Pluang is longer for ALGO at 131 days compared to USDC's 69 days, highlighting different user engagement patterns between the two assets.
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 spon...
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...
