Algorand processes far more transactions per market-cap dollar than ETH, ADA, or XRP — ALGO does 717K tx vs ADA’s 24K and XRP’s 2.22M, despite being 10–100× smaller, meaning its network is severely undervalued relative to activity.
• ALGO has more active addresses (42K/day) than ADA (~21K/day) and is closer to XRP (~56K/day), again at a fraction of their market caps ($1.39B vs $17B–$131B).
• If ALGO were valued at the same activity-to-market-cap ratio as ETH, ADA, or XRP, it would already trade in the $6–$24 range, which aligns perfectly with its long-term Fibonacci targets.
• ALGO has more active addresses (42K/day) than ADA (~21K/day) and is closer to XRP (~56K/day), again at a fraction of their market caps ($1.39B vs $17B–$131B).
• If ALGO were valued at the same activity-to-market-cap ratio as ETH, ADA, or XRP, it would already trade in the $6–$24 range, which aligns perfectly with its long-term Fibonacci targets.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.