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ALGO ADOPTION IS RISING CAN PRICE FOLLOW
Algorand’s August data shows real network growth
677K monthly active wallets up 29.6%
32.9M transactions
305K new assets up 40.3%
But liquidity grew slower: TVL reached $67M, while stablecoin supply fell 2.3% to $43M.
That’s the key divergence.
More usage is appearing, but stronger capital demand still needs to follow.
ALGO’s depends on turning network activity into deeper liquidity and sustainable economic demand
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