Algorand (ALGO) Surges Over 30% Amid Network Growth—Is $0.5 the Next Target?

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Algorand (ALGO) has posted a remarkable 30%+ price surge in the past few days, drawing attention from both investors and traders. Currently trading near $0.28, ALGO has recovered significantly from its June lows of $0.145. This bullish momentum is fueled by a spike in on-chain activity, rising staking interest, and a strong technical breakout pattern.

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