loss state
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Data: More than 98% of Algorand’s addresses are in a loss state
According to reports, according to data from the encryption analysis platform IntoTheBlock, the Layer 1 Proof of Rights Protocol Algorand (ALGO) currently has more than 16.4 million addresses in a loss state, accounting for more than 98% of the total registered addresses on the Algorand chain, and its performance also lags behind peers such as Ethereum, Cardano, Solana, and Avalanche. (u.today) Interpretation of this information: The message indicates that Algorand, a Layer 1 Proof of Rights Protocol, has a high number of addresses in a loss state, which amounts to…