Bitcoin (BTC) has once again set a new historical high, reaching a maximum of 119,669 USD during the Asian morning session today (14), stimulating an increase in capital inflow into the Crypto Assets market. Stellar (XLM), Hedera (HBAR), and Algorand (ALGO) have all recorded double-digit pump in the past 24 hours, surpassing other cryptocurrencies in the top 100 rankings. From a technical perspective, as the bullish momentum continues, these best-performing Crypto Assets are expected to maintain the momentum of the trend line breakout.

Today (2), Bitcoin has slightly rebounded to around 106,100 USD, but it has failed to recover the losses from overnight. Meme coins like Fartcoin (FARTCOIN) and SPX6900 (SPX) have led the market pullback in the past 24 hours, with a double-digit decline. Algorand (ALGO) also failed to hold its strong opening on Tuesday, continuing its downward trend with a big dump of 7%.

Gate News, amidst the fluctuations in the Crypto Assets market, certain types of alts are showing strong rebound momentum. This week, the cryptocurrency known as "Made in America," such as Bitcoin Cash (BCH) and Algorand (ALGO), surged significantly on Monday, outperforming the market in the past 24 hours. Similarly, the Privacy Coin Monero (XMR) has maintained a bullish trend after last week's rebound and is expected to rise further. The performance of these coins may signal a new direction for market recovery.

Gate News Bot news, on July 1st, according to CoinMarketCap, as of the time of writing, ALGO (Algorand) is currently priced at $0.19, having risen 4.08% in the last 24 hours, peaking at $0.19 and falling to a low of $0.17. The current market capitalization is approximately $1.653 billion, an increase of $64.8 million compared to yesterday. Algorand is an energy-efficient

BlockBeats news, on February 14th, according to Cointelegraph, analysts pointed out that although some altcoins have experienced a rise in prices, the daily active wallet numbers have not risen, indicating that altcoins are still in a 'speculative' stage, far from the peak rise of altcoins. TradingView data shows that the total market capitalization of altcoins, excluding the top ten tokens, is still close to a three-month low of $277 billion, a drop of more than 44% from the peak of $492 billion on November 10, 2021. For example, when the price of Algorand (ALGO) token was around $0.28 on February 10th, the daily active wallet addresses dropped to 182,000, while when ALGO reached its historical high of $1.46 on December 20, 2021, the active address number exceeded 1.31

Golden Finance reported that according to Lookonchain monitoring, DWF Labs deposited another 2 million ALGO ($1.14 million) to the exchange 3 hours ago. Since November 21, DWF has...

The top 100 tokens in the Cryptocurrency market performed well today, with Algorand, XRP, Peanut the Squirrel, Theta Network, and Stellar experiencing the largest gains, while Ethereum Name Service, Celestia, Aave, MANTRA, and Toncoin saw the biggest declines. Investors need to make cautious decisions.

Under the speculation frenzy in the cryptocurrency market, small cryptocurrencies outperformed BTC, with DOGE pumping 50% in five days, ADA pumping 60%, POL, ATOM, SOL, and ALGO all exceeding a 7% increase over BTC. Cardano's founder Charles Hoskinson has confirmed plans to collaborate with the Trump administration to help formulate cryptocurrency legislation, creating a clear regulatory framework for the industry.

Odaily Planet News Algorand Blockchain recently announced that it will launch a stake reward program in December, which will be launched after the upgrade of the Consensus Mechanism. At that time, Block rewards will be paid in real time to validators who successfully propose Blocks on this L1 Blockchain. The reward starts at 10 ALGO per Block and decreases by 1% every 1 million Blocks. Validators will also receive transaction fees for their successful Block proposals.