Algorand's March 2026 report highlights a significant 22.6% increase in monthly active wallets, reaching 531,000. The network also saw a 1.1% rise in transactions, totaling 3.51 billion, indicating deepening usage among existing participants. Developer momentum accelerated, with a 34.4% increase in contracts deployed and a 53% rise in new assets created.
Despite a 7.5% decline in total value locked to $70 million, stablecoin market capitalization grew by 26.3% to $64 million. Algorand's infrastructure, emphasizing post-quantum security, recorded over 140,000 State Proof transactions. The community stake reached 80.5%, with validators earning 6.89 million ALGO in rewards, a 9.9% increase from February.
Algorand Reports 22.6% Increase in Active Wallets, Developer Activity Surges
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