Algorand's November Insights Report: 216% TVL Surge Marks Extraordinary Growth Phase
Algorand experienced significant growth across multiple sectors in November 2023, with key metrics showing remarkable improvements.
Key Performance Highlights:
- TVL surged 216% from $132M to $417M
- Trading volume increased 253% to 1.49B ALGO
- Market cap ranking improved from 71st to 35th position
- Social media impressions grew 51% to 1.7M
- Twitter engagement doubled with 49.8k likes
- New follows increased 125% to 5.1k
Algorand November performance metrics table
TVL USD value line graph
DeFi Ecosystem Growth:
- Folks Finance led with 265% TV
Related Articles
Solidity vs Rust: Understanding the Smart Contract Programming Battle
