Algorand (ALGO) Faces Continued Downtrend Despite 2025 Blockchain Milestones

• Algorand achieved major milestones in 2025, including xGov governance adoption and 2 billion ALGO staked.
• Algorand remains bearish, with price still vulnerable toward the $0.087–$0.097 support zone
• The Elliott Wave suggests deeper downside, as the December 2024 rally seems corrective within a larger decline.

In 2025, a number of major milestones were accomplished on the Algorand blockchain, translating a vision into a reality that functions in real life. Already, the xGov platform has put governance on blockchain, with online stakes increasing to 2 billion ALGO and a tremendous increase in validators. Another important milestone in this year is the implementation of peer-to-peer networking.

Developer and enterprise adoption continued to gain pace in the year. AlgoKit grew with enhanced support for TypeScript, with IDE-compatible language servers and an official launch of Algorand TypeScript 1.0, welcoming a broader group of developers into the fold. Meanwhile, a production-grade platform called Intermezzo is already being used in real-world Web 2.5 projects such as World Chess and an application called ProofMint.

As far as innovation is concerned, Algorand went above and beyond with the first-ever post-quantum transaction completed on mainnet via the Falcon signature scheme. In combination with other updates such as enhanced wallets featuring passkey login and a new Rocca digital wallet in 2026, this work positions Algorand for future-ready security, usability, and widespread adoption.

Also Read: Algorand (ALGO) Community Turns Bullish: Analysts Expect Breakout Toward $0.35

ALGO Elliott Wave Signals New Lows Ahead

Furthermore, the data from More Crypto Online highlighted that the Algorand market continues to face sustained bearish pressure, with price moving lower over higher time frames.

Technical analysis shows a likely retest of historical demand levels, especially in August 2023 and August 2024, which were recorded at $0.087-$0.097. Ever since this market cycle began, market expectations have remained tempered because technical levels have prevented a move towards all-time highs.

On a larger technical and Elliott Wave analysis, the decline is still intact. ALGO established a three-wave uptrend to the highs in 2021, culminating in a definite five-wave decline to the August 2023 lows. The subsequent uptrend to highs in December 2024 seems to be corrective, with indications that the market may be embarking on a strong third-wave downtrend, which could lead to new all-time lows.

Source: More Crypto Online

Although a bounce might be expected in a corrective move, the setup for a positive change is not strong yet. The price will have to regain access to the $0.176 to $0.27 level to make a revival story feasible, with a move towards December 2024 highs being an indication of this. ALGO, without a local bottom in sight, continues to be in a falling knife mode.

Also Read: Algorand (ALGO) Price Outlook: Will Strong Support Drive a Rebound to $0.33?