$0.13 is therefore better read as a round-number threshold than as a supplied technical level. The relevant chart references were the reclaimed $0.129 area and the 7-day moving average at $0.1237; the issue is whether buyers can sustain the move above the threshold.

Algorand also reported that its Pera Wallet ecosystem had exceeded one million post-quantum-resilient transactions following the introduction of native quantum accounts with the Algorand v5.0.0 upgrade.

That development provides additional network context as traders assess the rebound, though it does not establish a direct cause for the daily price move.

ALGO daily indicators

The available daily momentum reading is constructive without showing the stretched conditions commonly associated with an overbought market. ALGO’s daily relative strength index stood at 59.28 on October 12, which CoinMarketCap AI characterised as positive momentum with room before commonly used overbought territory.

RSI is most useful here as a measure of the balance of recent upward and downward price pressure, rather than as a standalone forecast. At 59.28, it supports the view that the latest rise has momentum behind it. It does not, by itself, confirm that ALGO can retain the $0.13 area after a sharp 24-hour gain.

Trend references point in the same direction. Spot at $0.131106 was above the 7-day simple moving average of $0.1237 and the 30-day simple moving average of $0.1140, based on the daily and short-term market structure cited by CoinMarketCap AI. Price trading above both averages gives the rebound a stronger technical footing than a move occurring below them.

The difference between those moving averages also matters for the immediate setup. The 7-day average is close enough to current price to function as the first short-term test should buying momentum cool. The 30-day average is lower and therefore a broader trend reference, but it is not the nearest level that needs to hold if the present breakout attempt is to remain intact.

Volume was approximately $120.3 million over the 24-hour period cited by CoinMarketCap. That confirms there was measurable trading activity alongside the 10.50% advance, although the supplied data does not provide a historical volume comparison. It would therefore be inappropriate to describe the move as volume-confirmed relative to prior sessions.

Taken together, the supplied readings show a positive daily bias: spot is above the short- and medium-term averages, and RSI is bullish without being overbought. The evidence is supportive rather than conclusive. The next test is whether price can convert the recently crossed resistance area into support.

ALGO support and resistance

The closest chart level is $0.1290, the 23.6% Fibonacci retracement reference. ALGO was reported marginally above it at the $0.131106 spot quote. That proximity is important: a durable hold above $0.1290 would indicate that the market is retaining ground above the first identified resistance, while a drop back below it would make the breakout less convincing.

LevelRoleTechnical basis$0.1426ResistanceRecent swing high and next upside reference$0.1290Resistance/reclaim level23.6% Fibonacci retracement; price was marginally above it$0.1237Support7-day SMA and recently reclaimed short-term trend reference$0.1071Support61.8% Fibonacci support in the recent swing structure

Above $0.1290, the next supplied upside reference is the recent swing high at $0.1426. The level is not a prediction or a guaranteed destination. It is the chart point buyers would need to overcome for the current advance to extend beyond the initial reclaimed Fibonacci barrier.

On the downside, $0.1237 is the most immediate meaningful support because it coincides with the 7-day SMA and has been described as a recently reclaimed short-term trend reference. Holding that area would preserve the argument that the short-term structure remains constructive even if ALGO retraces from current levels.

A loss of $0.1237 would weaken that argument and place attention on the lower listed support at $0.1071, the 61.8% Fibonacci level. There are no other support or resistance targets in the supplied current technical dataset, so the analysis should not imply intermediate thresholds that have not been identified.

A separate September 29 analysis from The Cryptonomist described $0.11, near the 20-day EMA and Bollinger mid-band, as structural support and $0.14 as immediate resistance. Those earlier rounded references broadly sit near the current dataset’s $0.1071 support and $0.1426 swing-high resistance, but the October 12 levels above are the more specific and more recent references for this setup.

ALGO/USDT daily technical chart with EMA20, EMA50 and volume. — Source: The Cryptonomist

Algorand price prediction: can ALGO sustain $0.13?

ALGO has already moved marginally above $0.13 at the quoted $0.131106 spot price, so the practical prediction question is whether it can sustain that position. The conditional case for doing so is credible on the supplied evidence: daily RSI at 59.28 remains constructive, price is above both the 7-day and 30-day SMAs, and the $0.1290 Fibonacci barrier has been crossed.

Confirmation would require the market to retain $0.1290 and, more importantly for the short-term structure, defend $0.1237 on any pullback. If those references hold, the recent swing high at $0.1426 becomes the next identified upside level traders can monitor. A move through that swing high would be a further technical development, not something the present data can promise.

The bearish alternative is equally clear. Failure to hold the reclaimed $0.1237 trend reference would undercut the immediate breakout structure and shift focus to $0.1071. The positive RSI reading would then be less useful as support for the bullish thesis because price, rather than momentum alone, would have failed the nearest defined test.

Fundamentally, the Pera Wallet milestone gives the asset a recent network-related development to accompany the price action. The Algorand Foundation said the one-million transaction mark followed the launch of native quantum accounts in the v5.0.0 upgrade. It is a notable ecosystem data point, though the available evidence does not link it directly to the October 12 rally.

For now, the outlook is cautiously positive rather than decisive. ALGO’s 10.50% daily advance, non-overbought RSI and position above its moving averages support the attempt to hold above $0.13. Sustained acceptance over $0.1290 and defence of $0.1237 would strengthen that scenario; rejection below the latter would weaken it and leave $0.1071 as the lower supplied support. Recent analysis also framed $0.14 as immediate resistance, consistent with the $0.1426 swing-high reference that remains the key upside obstacle.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The ranking uses constituent weights based on a total S&P 500 market capitalisation of $71.12T. It reflects the mechanics of a float-adjusted, market-capitalisation-weighted index: larger companies receive larger allocations. Slickcharts provided the October 10 snapshot, while S&P Dow Jones Indices reported the August constituent count.

Data Snapshot

MetricCurrentPreviousChangePeriodAs ofSourceRank 1 — Nvidia Corp (NVDA) index weight7.78%——Current snapshot2026-10-10SlickchartsRank 2 — Apple Inc. (AAPL) index weight6.91%——Current snapshot2026-10-10SlickchartsRank 3 — Microsoft Corp (MSFT) index weight5.59%——Current snapshot2026-10-10SlickchartsRank 4 — Amazon.com Inc (AMZN) index weight3.98%——Current snapshot2026-10-10SlickchartsRanks 5–6 — Alphabet Inc. Class A (GOOGL) and Class C (GOOG) index weights3.11% and 2.90%——Current snapshot2026-10-10SlickchartsRanks 7–10 — Meta Platforms (META), Broadcom (AVGO), Tesla (TSLA), and Micron Technology (MU) index weights2.57%, 2.43%, 2.13%, and 1.63%——Current snapshot2026-10-10Slickcharts

Nvidia, Apple and Microsoft lead the October 10 weight ranking

Slickcharts’ S&P 500 analysis put Nvidia Corp. first on October 10 with a 7.78% index weight, followed by Apple Inc. at 6.91% and Microsoft Corp. at 5.59%; the 10 ranked positions represented 39.03% of the benchmark.

Index weights are allocations rather than counts of shares outstanding or measures of a company’s full equity value. In the S&P 500’s float-adjusted market-capitalisation methodology, shares available to public investors help determine each constituent’s allocation.

Alphabet occupies two separately listed positions in the top 10

Amazon.com Inc. ranked fourth at 3.98% in the October 10 snapshot. Alphabet occupied the next two listed positions through its separately listed share classes: GOOGL, its Class A shares, ranked fifth at 3.11%, while GOOG, its Class C shares, ranked sixth at 2.90%. The entries were not two separate companies.

Meta Platforms, Broadcom, Tesla and Micron Technology completed ranks seven through 10 at 2.57%, 2.43%, 2.13% and 1.63%, respectively. The listed top 10 had a cumulative 39.03% weight, according to Slickcharts.

Technology’s 37.9% sector weight provides a separate August benchmark

Information Technology was the S&P 500’s largest sector, representing 37.9% of index weight as of August 31, 2026, according to S&P Dow Jones Indices. That is a sector classification reading at an earlier date, rather than a directly comparable measure of the October 10 top-10 total, which spans individual constituents and includes companies outside the Information Technology sector.

S&P Dow Jones Indices’ August 31 constituent list also named Nvidia, Apple, Microsoft, Amazon, Alphabet Class A, Broadcom, Alphabet Class C, Meta Platforms, Micron Technology and Tesla among the index’s 10 largest constituents by weight. It corroborates the companies represented at the top of the later October snapshot, even though the two sources are dated differently.

For the October 10 ranking, Nvidia’s 7.78% allocation remained ahead of Apple’s 6.91% and Microsoft’s 5.59%, establishing the three-company leadership tier in the data.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

NEAR Protocol’s native token climbed 12% as record transaction activity across NEAR Intents boosted hopes of improving token economics. The rally arrives alongside a governance proposal seeking to reduce annual token issuance from 2.5% to 1.6%.

These developments have drawn attention to growing demand for cross-chain swaps and efforts to limit future dilution. Meanwhile, as of press time, NEAR is priced at $5.88 per CoinGecko data.

NEAR Intents Sets New Swap Volume Record

In September, NEAR processed $4.80 billion in swap volume, breaking its previous record of $3.66 billion set in November 2025. This marked a 72.9% increase from about $2.78 billion in August. Daily activity showed strong interest, with September 17 seeing around $303 million in transactions.

By September 20, total volume exceeded $34 billion, showing how quickly the service has grown since December 2024. September’s total was about 31% higher than the previous peak, marking an important achievement for NEAR’s cross-chain trading system.

Notably, several factors contributed to the growth. These include confidential trading, easier access to Hyperliquid perpetuals funding, the introduction of tokenized stocks, and improved network connectivity. NEAR also began offering access to 20 tokenized U.S. stocks and exchange-traded funds (ETFs) through Ondo Finance in September. 

Additionally, support for 32 networks increased potential participation. However, the record set in September does not guarantee that this demand will continue.

NEAR Emissions Proposal Targets 1.6% Over 24 Months

While trading activity is drawing attention to NEAR, a separate governance proposal tackles the amount of new tokens entering circulation. Published on October 7, the draft proposes gradually lowering the network’s annual issuance rate from 2.5% to 1.6% over 24 months.

The proposal outlines that 90% of new NEAR tokens will continue to go to staking participants, while 10% will be allocated to the treasury. The plan aims to reduce the supply of new tokens instead of removing staking rewards or changing NEAR’s monetary system.

The bid estimates that about 11.8 million fewer NEAR tokens will be issued over two years. This reduction could total 66.1 million NEAR over six years. At the proposed rate, the draft estimates that gross staking yields will be around 3.37%. However, this depends on the assumptions used in the modeling.

Meanwhile, the proposal remains a draft requiring governance ratification and subsequent validator adoption, meaning neither implementation nor future price appreciation is guaranteed.

The post NEAR Soars 12% as Record Swap Volume Fuels Supply Reduction Hopes appeared first on CoinTab News.

The Financial Stability Board (FSB) has warned that both artificial intelligence (AI) and stablecoins pose emerging risks to global financial stability, urging the G20 to strengthen cross-border oversight and to adopt new safeguards for responsible AI use in finance.

In a letter published Monday, FSB Chair Andrew Bailey said that international mechanisms for stablecoin supervision and crisis management are still “immature or are not yet developed.” The message was sent to G20 finance ministers and central bank governors ahead of their Thursday meeting.

Key takeaways

• The FSB says cross-border stablecoin oversight and crisis response frameworks are not yet sufficiently mature.
• FSB analysis highlights how stablecoin redemption stress could spill into traditional markets via reserve asset liquidations and bank deposit withdrawals.
• For AI, the FSB stresses governance, cybersecurity, and third-party risk management as priorities for financial institutions.
• Bailey’s letter links the need for responsible AI practices to broader resilience concerns for market infrastructure and critical institutions.
• Jurisdiction-by-jurisdiction progress on stablecoin rules remains uneven, with the FSB previously finding only some have finalized frameworks.

Why stablecoin regulation remains a cross-border problem

Bailey’s warning focused on the practical gap between domestic regulation and the real-world mechanics of stablecoins operating across borders. According to the FSB’s 2025 review, only 11 out of 28 surveyed jurisdictions had finalized stablecoin regulatory frameworks at that time.

That uneven regulatory landscape matters because stablecoins can rapidly move between markets. If redemption pressure builds simultaneously across regions, the entity coordinating response—whether for liquidity backstops, monitoring, or crisis communications—becomes less clear when oversight rules do not align.

Bailey’s letter asks G20 members to support the FSB’s newly finalized practices for responsible AI adoption in financial services, while also flagging stablecoin-related concerns that regulators have repeatedly raised. Earlier coverage from Cointelegraph noted that European Central Bank President Christine Lagarde warned in 2025 about redemption risks involving stablecoins issued inside and outside the European Union.

How stablecoin “runs” could feed into traditional markets

In an accompanying report, the FSB argues that stablecoin runs may not stay contained within crypto markets. The watchdog points to a chain reaction: forced sales of reserve assets and withdrawals of bank deposits could transmit stress into more traditional parts of the financial system.

The FSB also singled out risks tied to multi-issuer stablecoins. In such structures, redemption demand could concentrate on a particular issuer even when relevant reserves are held in different jurisdictions—creating operational and regulatory friction precisely when speed is most important.

For investors and market participants, the key issue is not only whether stablecoins can maintain their peg, but how quickly and effectively liquidity can be provided and reserves managed during periods of heightened redemption activity. The FSB’s framing suggests regulators are increasingly looking at stablecoin arrangements as part of broader liquidity and settlement dynamics, not as isolated instruments.

FSB’s AI guidance: governance, cybersecurity, and third-party risk

Beyond stablecoins, the FSB’s finalized AI practices for the financial sector focus on organizational governance, the development and deployment of AI systems, cybersecurity, and third-party service risks.

Bailey warned that increasingly sophisticated cyber threats enabled by AI could undermine the resilience of critical financial institutions and market infrastructure. The concern is that AI may lower the cost of complex attacks or accelerate targeting and exploitation, putting pressure on controls that financial entities rely on to protect systems and maintain operational continuity.

Regulatory attention to these themes is not limited to the FSB. Cointelegraph previously reported that European central bankers warned in July that advances in AI could amplify market volatility and cybersecurity threats. And in June, the FSB consulted on sound practices for the responsible adoption of AI before moving to finalize its guidance for the G20 conversation.

While stablecoins are often discussed in terms of payment utility and crypto adoption, the FSB’s approach connects the discussion to institutional resilience. That shift matters for firms choosing how to deploy AI internally: compliance will likely be measured not only by model performance, but by whether governance and risk controls are robust enough to handle both operational failure and adversarial pressures.

What to watch next as the G20 agenda moves

The immediate next step is political and regulatory: the G20 will consider the FSB’s recommendations just as stablecoin regulation continues to evolve unevenly across countries and AI adoption accelerates inside financial institutions. Readers should look for signs that cross-border stablecoin oversight and crisis-management practices gain clearer international commitments, and for details on how the finalized AI guidance will translate into expectations for governance, cybersecurity capabilities, and third-party risk management across banks and market infrastructure.

This article was originally published as FSB Warns of Stablecoin and AI Risks Ahead of G20 Meeting on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

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The Financial Stability Board flagged cross-border stablecoin risks and AI-related cybersecurity threats while urging G20 policymakers to support stronger safeguards.

The Financial Stability Board (FSB), a global financial watchdog, has outlined financial stability risks associated with artificial intelligence and regulatory concerns surrounding stablecoins.

In a letter published Monday, FSB Chair Andrew Bailey warned that cross-border mechanisms for stablecoin oversight and crisis management “remain immature or are not yet developed.” In its 2025 review, the FSB found that 11 of 28 surveyed jurisdictions had finalized stablecoin regulatory frameworks.

He also urged G20 members to support the FSB’s newly finalized practices for responsible AI adoption in the financial sector.

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