According to Odaily, Algorand blockchain has experienced exponential growth, with a record-breaking number of transactions in June. Simon Bonanno, the BI Director at Algorand Foundation, announced that the blockchain completed over 240 million transactions in June, marking a historical high.
Algorand's development has been on a steady upward trajectory, with the number of transactions indicating the growing adoption and use of the blockchain. The exponential growth in transactions is a testament to the increasing trust and confidence in the Algorand blockchain.
The announcement by Simon Bonanno on platform X underscores the significant strides Algorand has made in its development. The record-breaking number of transactions in June is a clear indication of the blockchain's growing popularity and acceptance in the market.