Algorand (ALGO) is a cryptocurrency that powers the Algorand blockchain network, focusing on scalability, security, and decentralization. It's designed to support a wide range of applications, ensuring secure, scalable, and efficient transactions ¹.$ALGO

*Key Features:*

- _Pure Proof-of-Stake (PPoS) Consensus_: Algorand employs a highly democratized PoS consensus method with a minimal staking requirement of just one ALGO token ¹.

- _Fast Transaction Times_: Algorand can handle almost 1 million transactions per day, making it a great option for applications that require high performance ¹.

- _Low Fees_: Transaction fees are significantly lower compared to other blockchain networks ¹.

- _Ethereum Compatibility_: Algorand has a trustless bridge that enables compatibility with Ethereum, allowing users to access a broader