ALGO down 5.19% in 7 days amid broader market decline

Generated by AI AgentCryptoPulse AlertReviewed byAInvest News Editorial Team
Sunday, Nov 30, 2025 12:13 am ET1min read
Aime RobotAime Summary

-

Algorand
(ALGO) fell 5.19% in 7 days, continuing a 58.48% annual decline to $0.1389.

- The blockchain project, founded by MIT's Silvio Micali to solve the scalability-trilemma, remains at 2023 lows despite $60M 2019 ICO.

- Weakness persists due to macroeconomic risk-off sentiment and lack of on-chain upgrades, with no short-term recovery catalysts identified.

- ALGO's 12-month drop from $3.56 highlights crypto market struggles post-2024 bull run, as investors await innovation-driven turnaround.

As of November 30, 2025,

Algorand
(ALGO) has continued a downward trend, dropping 0.29% over the last 24 hours to settle at $0.1389. The price decline accelerated over the past week, with a 5.19% drop, marking a continuation of a broader losing streak that has seen the asset fall by 21.7% in the past month and 58.48% over the last 12 months. This movement reflects a significant correction from its all-time high of $3.56, reached in June 2019.

Extended Downtrend and Market Context

The extended period of weakness is part of a sustained bearish trend that has persisted for more than a year, with

ALGO
now trading at a level not seen since early 2023. Despite its market capitalization placing it at #86 in the global crypto rankings, Algorand has yet to show signs of a reversal in the current downtrend. The asset’s circulating supply remains stable at $8.8 billion, with a maximum supply capped at $10 billion, offering little immediate catalyst for price appreciation.

Historical and Strategic Overview

Launched in 2019, Algorand was conceived as a solution to the so-called blockchain trilemma — balancing scalability, decentralization, and security. Founded by MIT professor Silvio Micali, the project has consistently aimed to offer a high-throughput, secure, and decentralized protocol. ALGO was introduced through a successful initial coin offering in 2019 that raised over $60 million, though the token’s price has significantly underperformed since its launch at $2.4 per coin.

Recent Performance and Outlook

Analysts have noted that ALGO’s recent performance is closely aligned with broader market conditions, where risk-off sentiment and reduced investor appetite for high-volatility assets have contributed to ongoing selling pressure. The absence of major on-chain upgrades or strategic announcements further limits the potential for short-term price recovery. With no immediate signs of a turnaround, the coin’s performance appears to remain tethered to macroeconomic trends and market risk appetite.

The continued decline of ALGO underscores the challenges faced by many cryptocurrencies in regaining momentum following the peak of the 2024 bull market. As the year draws to a close, Algorand remains under pressure, with investors closely monitoring whether the project can regain traction through innovation or market dynamics in the months ahead.