Algorand ALGO Price Forecast: Path to $5.65 by 2030?
Algorand's native token ALGO is currently trading at $0.1795, with bullish projections suggesting a rise to $0.90 by 2025 and $5.65 by 2030. The blockchain's focus on scalability through AlgoKit 3.0 and increasing developer activity is driving adoption momentum.
Market analysts emphasize the direct correlation between network adoption and token valuation. The $1 psychological barrier remains a critical test for ALGO's medium-term trajectory, with technical indicators pointing to accumulation phases that may precede potential breakout scenarios.