WHAT IS THE FUTURE OF $ALGO ?
I've been watching the market commenting on several currencies and blockchain systems, but nothing about Algorand. There's a lot of talk about SUI, PENDLE, among others, but I say I'm betting on ALGO!
But why Algorand?
because of its advanced technology, which combines high speed, low fees, and carbon neutrality. Founded by renowned cryptographer Silvio Micali, the network solves the “Blockchain Trilemma” efficiently, offering scalability, security, and decentralization.
In addition, Algorand is widely used in decentralized finance (DeFi) projects, Web3, and even by European governments to digitize financial processes, highlighting its reliability and potential for global adoption.
And you think that's all there is to it? Look!
Algorand and Cardano share similarities such as the use of Proof of Stake (PoS), carbon neutrality, focus on scalability, security, and decentralization. Both promote global financial inclusion and are used in real projects, such as tokenization and DeFi.
While Algorand prioritizes speed and simplicity, $ADA takes a more academic and gradual approach. Both are sustainable and stand out for their commitment to innovation and efficiency.
Note: In the last 20 days, Algorand has already grown 300% and this indicates that it is just the beginning, as the dominance of $BTC is still high