Algorand [ALGO] 💵 [ENG]

👍 Algorand is one of the fastest L1 blockchains offering more than 1,000 transactions per second with negligible commission and transaction completion less than 5 seconds.

❕ In 2022, the market entered the bear market, and TVL in various crypto-ecosystems plummeted. However, the Algorand ecosystem continues to perform well. TVL is steadily growing, and decentralized applications are still updated and add new features.

💰 Algorand started with a fixed amount of 10 billion tokens, but because 25.5 million ALGO were burned, the total amount is now 9.97 billion ALGO.