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Algorand Price Prediction Remains Bullish Amid Record Throughput

Guavy AI Editorial Team
Instruments
ALGO
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The Algorand price prediction remains bullish after ALGO's 11.5% weekly surge, pushing above $0.1017 and its Bull Market Support Band.

Algorand hit a new throughput high on September 28 with 11.91 transactions per second (TPS) while processing 1.03 million transactions in a single day, according to Chainspect.

New CEO William Herkelrath has set self-sustainability as Algorand's top priority, aiming to achieve it within five years through revenue growth and expanded services.

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