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What is Algorand (ALGO)?

By Lyle Daly – Updated Jun 16, 2025 at 12:29PM

Key Points

  • Algorand processes 1,000 transactions/sec with zero downtime, ensuring high efficiency.
  • It offers two-layer smart contract architecture for simple and complex transactions.
  • Staking ALGO tokens provides an opportunity for earning passive income.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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