Algorand price jumps 20% after Google Quantum AI highlights its post-quantum cryptography efforts

Algorand's price surged over 20% to $0.105, reaching an eight-week high after recently hitting an all-time low. The rally was driven by its mention in a Google Quantum AI paper that praised its post-quantum cryptography, boosting investor interest. Additional support came from its integration with Swiss bank PostFinance, allowing 2.5 million customers to trade ALGO, and rising futures open interest signaling bullish momentum. Technical indicators show a strong breakout above key moving averages, with potential for further gains if it surpasses the 200-day SMA resistance at $0.138.