Algorand
130K
Volume
+133%
Growth
regular
About the Topic
A decentralized, blockchain-based network designed to support a wide range of applications. It differentiates itself with a Pure Proof-of-Stake (PPoS) consensus mechanism, which is more energy-efficient and allows for faster transaction processing, along with features like smart contracts and atomic transfers. Algorand primarily targets developers and businesses looking for scalable, secure, and efficient blockchain solutions.
Algorand was discovered on November 24th 2021 and it currently has a search volume of 130K with a growth of +250%.
Key Indicators
Growth
- Exploding
- Regular
- Peaked
Speed
- Exponential
- Constant
- Stationary
Seasonality
- High
- Medium
- Low
Volatility
- High
- Average
- Low
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