- Algorand is deeply undervalued in the current markets.
- Fundamentally, it is the only chain that has high speed, scalability and quantum security.
- We expect ALGO to cross $1 by the end of 2025.
What is Algorand?
Algorand is a highly scalable and quantum proof blockchain created by Dr. Silvio Micali, a professor in Massachusetts Institute of Technology (MIT). The project boasts of a dual-layered blockchain which is highly scalable, highly decentralized and has achieved quantum security through state proofs.
The blockchain is one of the most cost efficient one with an average fee of $0.01 or even less.
Algorand Fundamental Analysis
Algorand is a dual-layer blockchain which scales itself depending on the load. This allows it to remain scalable without the use of any Layer-2 scaling solution like Ethereum does, which then removes any security issues emerging from these Layer-2 transactions.
Secondly, Algorand is the only major blockchain that has achieved quantum proofing, a factor that threatens most blockchains. This allows Algorand to develop without paying much attention to quantum attacks which are expected to rise in the upcoming decades.
Finally, the fees on Algorand is a fraction of what other chains charge. Despite being a decentralized blockchain, Algorand charges less than a cent, lower than most centralized blockchain networks like XRPL and BNB Chain.
On the adoption scenario, Algorand has realigned itself to the RWA markets due to the emerging institutional and expected retail demand for RWA platforms and tokens.
Technical Analysis
Algorand has effectively broken out of a downtrend in the second week of April and has started an upwards trend since then. Previously, the price was under a descending channel since December 2024 due to which its price declined from $0.5 to $0.15.
If Algorand sees any altcoin season this year, its price could easily cross $1, otherwise ALGO might reach its 2024 high of $0.60 by the end of this year.
Price Prediction
2025
We assume Algorand to cross $0.6 if the Altcoin Season does not arrive in 2025. If it arrives, Algorand could easily see its price scale above $1.
2026
By the year 2026, Algorand might cross over above the range of $1.5 to $2.
2027
We expect some corrections by the end of 2027 and Algorand might correct down to $1.
2028
Being a halving year, we expect pre-and-post halving rallies in Altcoins similar to what we saw in early and late 2024.
2029
By 2029, we expect Algorand to cross the range of $8 to $10.
2030
In the long-term, we expect Algorand to cross $5 by 2030 as there are high chances of its success in the RWA markets.
2040
In the ultra-long term when quantum computing is expected to be widespread, Algorand might be one of top 5 chains due to its early adoption of quantum resistance. The price could be anywhere between $50 to $100.
2050
If all its decisions along the way remain guided by strong research, Algorand might emerge as a top 5 blockchain with high security applications like governance, banking and other applications.
It could reach as high as $1000 by 2050.
Frequently Asked Questions
Can Algorand reach $100?
Yes, we expect $100 price for ALGO by 2040.
Can Algorand reach $20?
Algorand could reach $20 but in the next decade as it would require a 100x gain from current levels which also means the crypto market cap should be around $300 trillion.
Is Algorand a good investment?
Algorand is one of the few cryptocurrencies that already has quantum computing resistance and has an inbuilt scalability solution. Therefore, it beats many larger cryptocurrencies like Ethereum.
Is ALGO coin safe?
Algorand is a trusted project led by MIT Professor Silvio Micali and is a top blockchain by crypto market cap. It’s code has been verified by Certik (score 4.4 out of 5) and Cyberscope (score 4.5 out of 5).
