ALGO token price ticks higher as XBTO is named market maker for Algorand

Algorand’s native token, ALGO, is showing signs of renewed strength after XBTO, a global institutional digital asset manager, was appointed as the strategic market maker of Algorand.

The announcement is expected to improve liquidity across major exchanges and boost confidence among both retail and institutional investors.

XBTO partnership aims to improve ALGO’s liquidity

Liquidity has long been a critical challenge for altcoins, often leading to thin order books and volatile price swings.

For Algorand, the partnership with XBTO aims to tackle this problem directly.

As a market maker on Tier-1 and Tier-2 exchanges, XBTO will provide consistent liquidity for ALGO, smoothing trading activity and helping stabilise the market.

Beyond market-making, the collaboration allows for seamless USDC transfers between custody wallets and exchanges using Algorand’s fast, low-cost blockchain.

This improves treasury operations, enables efficient rebalancing, and supports broader financial activities across Algorand’s ecosystem, creating a more integrated and functional blockchain environment.

Notably, the partnership signals growing institutional confidence in Algorand.

With tokenised markets projected to surpass $600 billion by 2030, having reliable liquidity providers is crucial.

Algorand’s combination of technical efficiency, scalability, and enterprise readiness positions it as a leading Layer-1 blockchain for both digital assets and real-world applications.

XBTO’s involvement strengthens this position, offering both credibility and operational depth.

Algorand’s technical edge appeals to institutions

Algorand’s technological foundation has been a key factor in attracting institutional attention.

The network uses a Pure Proof-of-Stake (PPoS) mechanism, capable of processing over 10,000 transactions per second with near-instant finality.

This scalability, combined with low transaction costs, has made Algorand a preferred platform for tokenisation, decentralised finance (DeFi), and enterprise applications.

In 2025, Algorand recorded 2.7 million monthly active users and a 19% increase in smart contract deployments, reflecting growing adoption in industries ranging from finance to healthcare.

XBTO CEO Philippe Bekhazi highlighted that Algorand’s strong enterprise track record aligns perfectly with XBTO’s institutional focus, reinforcing market confidence in ALGO.

ALGO price responds positively

Following the announcement of XBTO becoming the official Algorand market maker, the ALGO token price has ticked higher to $0.2563, up 1.3% over 24 hours.

The token has held support above $0.2426 for quite a while, and analysts suggest a breakout above $0.2872 could signal a stronger bullish trend.

Technical analyst Franklin LFG on CoinMarketCap noted that ALGO is consolidating, and a triangle breakout on the 8-hour chart could push prices toward $0.33.

ALGO’s market metrics remain robust, with a market capitalisation of $2.23 billion and a circulating supply of 8.72 billion tokens.

Despite being down nearly 93% from its all-time high of $3.56 in 2019, ALGO has gained more than 190% from its September 2023 low, reflecting a resilient recovery supported by institutional involvement.

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