Algorand (ALGO) 360% Rally Drives Active Addresses to Highest Since November

Over the last 30 days, Algorand’s (ALGO) price has increased by 360% following a broader altcoin rally. As a result, daily active addresses on the Algorand network have surged to the highest point since November 7. Typically, this rise in active addresses is supposed to be bullish for the price. However, this on-chain analysis explains why this may not be the case. Algorand Network Activity... source: https://beincrypto.com/algorand-rally-drives-active-addresses-higher/