Algorand Price Prediction: After reaching a five-month high, is there still room for ALGO to pump?

Algorand price movement review: Reached a new high since the middle of the year

According to crypto. news data, Algorand (ALGO) reached a high of $0.289 on July 14, the highest level in nearly five months. As of the time of writing, the price has slightly retreated to around $0.27, but it is still up over 80% from the year-to-date low in April this year. This trend has sparked widespread interest in the "2025 Algorand price prediction" and "the next target price for ALGO."

As of July 15, Gate.io market data shows that ALGO is currently priced at $0.27978, with a slight decrease of 0.08% in the last 24 hours.

On-chain data surges: trading volume and stablecoins grow in sync

According to the blockchain analysis platform Nansen, Algorand's on-chain activity has significantly increased recently:

  • In the past seven days, the number of transactions on the Algorand network has increased by 30%, reaching 5.8 million.
  • The total supply of stablecoins increased by 94.23%, reaching 134 million USD;
  • Among them, 98.3% of the stablecoins are USDC, indicating that funds are flowing significantly into the Algorand ecosystem.

The dual increase in activity and liquidity indicates that users and capital are refocusing on Algorand, providing substantial support for the price.

Real Asset Tokenization Ecosystem Expansion: Lofty Platform as a Key Force

The real-world assets (RWA) market is becoming a new engine for Algorand's growth, with the tokenization platform Lofty standing out particularly:

  • The current Total Value Locked (TVL) on the Lofty platform has exceeded 89 million USD;
  • Users can invest in global real estate through the platform, achieving asset on-chain and profit sharing.

This trend shows that Algorand is not only expanding in the field of financial transactions but is also penetrating traditional markets, enhancing its on-chain application value and future growth potential.

Technical Analysis: A Structural Breakthrough is Forming

Senior crypto analyst Ali Martinez pointed out that ALGO is in a parallel channel structure for over a month, and once it successfully breaks through the key resistance, it will open up greater upside potential:

  • The key support level is $0.258. If this level is successfully retested and confirmed, it indicates that the breakout is valid;
  • The expected upward target is $0.42, which represents a potential increase of 55% compared to the current price;
  • ALGO has formed a daily double bottom pattern and successfully broke through the neckline at 0.2604 dollars;
  • At the same time, the price has risen above the 50-day and 100-day Exponential Moving Averages (EMA), indicating a clear bullish trend;
  • In terms of momentum indicators, both RSI and MACD are in an upward state, supporting the continuation of the rise.

The next key resistance level is at $0.32. If broken, the coin is expected to test the Fibonacci 61.8% retracement level, which is $0.3642.

Summary: Is ALGO Worth Keeping an Eye On?

The current rise is not a short-term speculation behavior, but the result of multiple on-chain data, technical patterns, and capital trends working together. With the tokenization of real-world assets, an increase in on-chain transactions, and a surge of USDC funds, Algorand is returning to the mainstream spotlight. The technical structural breakthrough also opens up greater upward space for ALGO.

For investors focusing on medium to long-term trends, ALGO may see more opportunities for growth in 2025, especially against the backdrop of sustained positive market sentiment and accelerated institutional funding.

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