Algorand's performance in 2024 is remarkable. From the data level, all data have increased significantly, and the on-chain ecology has also performed well. Perhaps it is at the critical point of an outbreak.
At present, Algorand's daily active addresses have reached 54,000+, exceeding Dogecoin's 52,000 and Avalanche's 48,000. In the past week, Algorand's submission and development activities exceeded 17,000, and its activity level was second only to Ethereum. Frequent development activities indicate that the updates on the chain are active and more ecological projects are being built.
Messari's Algorand first quarter report shows that Algorand's transaction volume in the first quarter exceeded 403 million, an increase of 288% month-on-month, and revenue increased by 1747%.
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