Algorand finalizes blocks in about 2.78 seconds, and confirmed transactions are never reorganized. @Algorand picks block producers at random from $ALGO holders by cryptographic sortition, a method Silvio Micali helped invent. Inside Pure Proof-of-Stake:

Algorand Activity is skyrocketing... @Algorand hit 619,004 transactions on October 8, resulting in an average TPS of 7.16 transactions per second. @Chainspect's tracking of network data shows the network hit its highest daily transaction count in the last seven days. Activity is up 51% from the week's low of around 410,000 transactions on October 6.

Algorand powering world's most famous volcano...?! According to the @AlgoFoundation, the @algowifi platform, which is built on the @Algorand chain, is now powering digital services at Vesuvius National Park. The site sees some 700,000 visitors every year and is home to the volcano behind the famous ancient Pompeii event. The platform now powers "ticketing, QR access & digital postcards, with visitor certification recorded on Algorand."

Algorand Records Monthly High In Transaction Throughput @AlgoFoundation recorded its highest daily transaction volume of the month. The network procesed over 876,000 transactions on Sunday, marking a new milestone... Verified data confirms the network maintained a consistent throughput of 10+ transactions per second (TPS), bucking the trend of typical weekend liquidity contractions seen across the broader digital asset market. Source: Chainspect

Algorand becoming one of crypto's most decentralised networks... According to data from @chainspect_app, @Algorand recently crossed the 1,550 validator milestone, adding a full 6 in just one day. At time of writing, its validator count stands at 1,545, making it the 4th largest network by validator count, behind only @ethereum, @MultiversX and @Cardano.

Algorand is still one of the most decentralized networks Algorand (@AlgoFoundation) remains one of the leading decentralized networks, with 1,537 live validators protecting the chain. This validator involvement makes $ALGO one of the top five most decentralized blockchain platforms in the world, as the network prepares to deploy its v5.0.0 post-quantum consensus upgrade. The density of validators ensures that Algorand's real-world transaction settlement speeds reflect broad geographic and organizational participation.

Algorand is edging closer to its biggest upgrade yet @Algorand heads towards the launch of consensus v5.0.0 as node support exceeds the 75% threshold, requiring a 90% majority to launch the network's biggest architectural revamp. It adds native post-quantum (PQ) accounts based on Falcon-1024 signatures, providing resilience against PQ attacks directly within the protocol to address weaknesses in elliptic curve cryptography. In addition, it marks a transition to a pay-by-use model, in which the transaction fee is set based on the content and data consumption. It increases the smart contract size up to 16,384 bytes and enables mutable program sizes for the existing dApps without changing their Application IDs.

Money is moving on Algorand Stablecoins market cap on @Algorand rose 12.66% over the past week to $45.22M, with $USDC making up nearly 96% of the supply. DeFi TVL on the chain climbed 5.13% in 24 hours to $38.42M. DEX volume jumped 70% week-on-week to $6.46M. Lending protocol Folks Finance saw its TVL rise 13.77% over the same seven days, per DeFiLlama data.

LATEST: 🤖 The Algorand Foundation launched AC2, an open protocol letting users approve individual AI agent signing requests, like payments or code commits, without exposing their private keys.