#ALGO #ALGO_USDT ALGO now: $0.089
Down 1.3% today, 10% in 7 days, and 25% in 30 days.
Market cap: $808 million, ranked 80th.
Volume: $18 million.
ALGO is down 97.5% from its 2019 peak of $3.56. It was at $0.075 on July 29, 2026, its all-time low. It’s close to that level now.
Why is ALGO down?
1. The foundation carried out a major restructuring:
The Algorand Foundation permanently halted xGov Grants, shut down the forum, removed the advisory councils, and stopped Project King Safety, which was going to fund network security after 2028.
So the foundation changed its strategy from “supporting the community” to “looking for money.” This scared developers, because support is no longer there.
2. The 2028 funding problem:
Staking rewards will end in January 2028. And there’s currently no new model to pay the validators. If they don’t find a solution, validators will leave, and the network will weaken.
3. Very low TVL:
Algorand’s TVL is only $28 million, while its market cap is $808 million. That’s 0.03x. It means people aren’t using the network; they’re just trading the coin.
But there’s a lot of good news, and it’s what’s keeping ALGO alive:
1. Algorand is the leader in quantum protection:
On November 10, Algorand announced Crypto Agility. This means the network can change its cryptographic algorithms without going offline.
It also introduced Native Post-Quantum Accounts in August 2026 with the v5.0.0 update. Now anyone can convert their account to Falcon-1024 without changing their address. No other network has this—not BTC, ETH, or SOL.
If quantum computing arrives, Algorand will be the only one ready.
2. USDC set a record:
USDC on Algorand had its highest number of transactions in 2026. This means people are using Algorand to transfer USDC because it’s cheap and fast.
3. ISO 20022:
Algorand is compatible with ISO 20022, the standard used by the U.S. Federal Reserve’s Fedwire. XRP, XLM, ADA, and HBAR are also compatible. This means Algorand is ready for banks to use.
4. Securitize and tZERO:
These are two NYSE companies with infrastructure that supports Algorand for tokenizing stocks.
Technical analysis:
All timeframes say STRONG SELL. 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours—all SELL. The daily timeframe is SELL.
RSI: 34–35, meaning it’s close to Oversold, but it hasn’t reached it yet.
MACD: Negative.
Support: $0.082–$0.088. This is the most important zone. This is where ALGO bounced in April, rising 55%. If it breaks below, it will drop to $0.075, its all-time low.
Resistance: $0.089–$0.092, then $0.095. It needs to get back above $0.095 to start recovering. The big target is $0.12.
The buying zone analysts talk about: $0.080–$0.089, stop at $0.068, and target at $0.120.
My conclusion:
ALGO is a coin with strong technology but a weak economy. Its technology is better than that of many coins, especially when it comes to quantum computing. But the developers have left, TVL is low, and funding for 2028 is unclear.
If you’re a long-term investor, ALGO could be an opportunity because it’s very cheap at $0.089 and down 97% from its peak. But you’ll need to wait until 2027 to see whether quantum computing will attract institutions to it.
If you’re a trader, don’t enter now. Wait to see whether it stays above $0.082 or breaks below it.$ALGO
