Algorand Goes Quantum-Proof, Hires Ex-Chainlink CEO, ALGO Up 72%

Algorand (ALGO) was worth about $0.133 on September 29, 2026. That is 16% more than the day before, and 72% more than six weeks ago. Two pieces of news explain the sudden interest. In late August, the network switched on an upgrade that protects its users' accounts against future quantum computers. Then, on August 31, a new boss arrived: William Herkelrath, a Chainlink veteran, tasked with winning over banks and asset managers. Usage is following: 677,000 active wallets in August, 29.6% more than in July. One question remains: is the market really buying Algorand, or simply riding a broad crypto rally?

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