Why Algorand (ALGO) is the best option right now?

Exceptional performance: ALGO price surged 400% in the past five weeks to reach a 31-month high of 60 cents.

Ecosystem growth:

The total value locked (TVL) has surpassed $194 million.

The value of stablecoins on the network has reached over $50 million.

Increasing activity: Active addresses on the network have surged 300% to reach 313 thousand addresses.

Staking rewards launch: This event is expected to boost the network’s appeal and increase demand.

Future outlook:

ALGO price could target a retest of the all-time high of $3.28.

Strong support range between 28-45 cents could provide an opportunity for new investors.