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Algorand (ALGO) Price: Key Support Holds as Network Activity and DeFi Access Surge - Blockonomi

Summary by Blockonomi
TLDR:  ALGO price defends $0.20 zone despite market dip, showing signs of bullish resilience. Staked ALGO rose 54%, while online accounts jumped 132% in just five months. MidasRWA’s mTBILL enables Treasury ETF access on Algorand with a 4.06% yield. Technical levels suggest a possible move toward $0.26 if support remains intact. Algorand (ALGO) is showing renewed signs of strength following a recent test of the $0.20 support level.  Despite a br…
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Blockonomi broke the news in on Friday, May 30, 2025.
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