Algorand (ALGO) experienced a significant 18.4% increase in total value locked (TVL) during the third quarter of 2025, reaching $167 million. This surge was primarily driven by a 16.5% rise in real-world asset (RWA) TVL, which climbed to $106 million. Additionally, the Algorand Foundation's stake in the circulating supply decreased to 20%, while the number of open-source developers reached a new peak. The quarter also saw staking rewards amounting to 19.98 million ALGO, highlighting the network's growing engagement and activity.