“Unlocking the Potential: Algorand’s TVL Surges, But Vulnerabilities Remain”
Exploring the Growth of Algorand’s Total Value Locked (TVL) Introduction Algorand (ALGO), the Layer 1 blockchain that has gained attention for its scalability and efficient consensus mechanism, has seen impressive growth in its Total Value Locked (TVL) over recent months. The TVL more than doubled from $70 million in October 2024 to $164 million, signaling…