Algorand has recently introduced a flexible form of storage for smart contracts which can size up to 32k when needed.
ALGO coin price technical indicators suggest an upside trend. ALGO/BTC pair has seen a gain of 2% in intraday session.
Algorand is a self sustaining decentralized blockchain which supports various applications. The mainent of Algorand came alive in 2019 and has ability to handle more than 1 million transactions per day. They have recently introduced a flexible form of storage for smart contracts called boxes..One of the main compelling use for it is the replay protection for bridges.One of the other uses of boxes is governance system which is planned to be adopted by xBacked. ALGO boxes not only strengthen existing dapps but also enable new use cases and a secure interpolablity.
Algorand is currently ranked 29th in the crypto verse and has a market cap of $2.2 Billion. The volume of the ALGO has seen a decline of over 4% in the intraday session. Volume to market cap r
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