Algorand Ecosystem Report: Network Growth and Major Updates for February 2025
Algorand Ecosystem Update - February 2025
Network Growth Highlights:
- 9.5% increase in mainnet nodes, enhancing network decentralization
- 24.43% increase in total stablecoins market cap, led by USDCa
- Positive growth in total transactions, wallets, and RWA TVL
- Foundation reduced stake by 262 million ALGO to improve decentralization
Algorand price chart February 2025
Stablecoins market cap graph on Algorand
Graph showing Algorand mainnet node count
Key Developments:
Foundation Updates:
- Messari Q4 2024 report showed 151% market cap growth and 176% increase in new addresses
- Algorand DeFi Dashboard launched on Nansen
- GP14 voting session active until March 13
- Expanded presence in Nigeria through SEC engagement
- AlgoBharat launched second cohort of Startup Lab
- Released Nodekit v1.3 with QR code keyreg feature
Woman in blue holds beverage can
Major Ecosystem Achievements:
- Alpha Arcade launched on mainnet
- ALGO trading now available on Robinhood Europe and SBI VC Japan
- Pact's consensus-compatible liquidity pools went live
- Mitsui O.S.K. Lines partnered with 123Carbon for carbon insetting
- Shufl DEX launched cross-chain trading
- FIFA+ Collect reached 10M transactions
- Pera Explorer added new account labeling features
Upcoming Events:
- March 18: Algorand Nigeria peer coding session
- March 18-20: Digital Asset Summit NYC
- March 31-April 5: Algorand Developer Retreat - Hack from Home
Data Sources: Nodely DW, Defillama, Pera Wallet Note: Monthly Active User defined as any wallet with minimum 1 transaction per month
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