The Algorand ecosystem seems to be in a dilemma. From on-chain activity to application development enthusiasm, the overall project popularity is indeed on a downward trend. The once highly anticipated high-performance public chain narrative now faces the embarrassment of insufficient actual adoption—technological indicators are impressive, but very few projects are truly running on the network. The siphoning effect of the ecosystem is still dominated by Bitcoin and Ethereum, and the funding enthusiasm for new projects has also noticeably cooled down. Unless there are major application breakthroughs or adjustments to ecosystem incentive policies, it will be a long road for Algorand to regain market attention.

BTC0,52%
ETH0,94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
VirtualRichDreamvip
· 13h ago
Good technical indicators can't be eaten; looking at good-looking data is just a joke. --- ALGO hasn't had much news in recent years; such cold financing is really a bit concerning. --- To put it plainly, the ecosystem is too empty, and there's no killer app to save the day. --- Honestly, there are a bunch of high-performance public chains, but adoption rate is the key, and ALGO falls short in this area. --- The ecosystem is being siphoned off by BTC and ETH; unless something real comes along, there's no hope. --- No matter how advanced the technology is, if users don't come, it's all pointless—this is the current situation of ALGO. --- I heard that incentive policies are no longer effective; it seems a complete overhaul is needed. --- I was very optimistic at first, but now the enthusiasm has really dropped quite a bit. --- Where are the major applications? That's the key. --- The cold financing indicates that institutions have seen through it.
View OriginalReply0
BlockchainWorkervip
· 12-27 09:56
Haha, the hype around ALGO has indeed cooled down. No matter how advanced the technology is, if no one uses it, it's just a decoration.
View OriginalReply0
DefiEngineerJackvip
· 12-27 09:53
well *actually* if you dig into the on-chain metrics, ALGO's problem isn't just adoption—it's fundamentally a narrative collapse. the tech was always solid but nobody built anything worth using on it lol
Reply0
GasFeeCriervip
· 12-27 09:48
algo this time is really a bit awkward, the technology is hyped up but no one is using it...
View OriginalReply0
ChainMaskedRidervip
· 12-27 09:32
Good-looking data on paper is useless if no one actually uses it.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)