In December 2024, Algorand made significant progress in the tokenization of real-world assets, achieved increased network decentralization, and experienced extraordinary growth in social media interactions. The total value locked in real-world assets on Algorand increased by 34.6% from June to December, reaching $77 million by the end of the year. Lofty, a platform for real estate tokenization, played a crucial role in this growth. The main network of Algorand saw a 31% increase in operational nodes, strengthening network decentralization. The platform also experienced a surge in social media interaction rates, surpassing the average recorded in previous quarters. Additionally, Algorand achieved various successes, including the India Summit and the implementation of the Staking Rewards system. The cryptocurrency ALGO was listed on Bitget and received an upgraded rating from Weiss Crypto. Various ecosystem initiatives were launched, enhancing network accessibility and efficiency. Algorand has ambitious plans for the upcoming year, including participation in international events like CFC Moritz and the World Economic Forum.



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