Algorand Updates Consensus Model to Remove Token Lock Requirement
Algorand (ALGO)
Editor:
Eugene Serbin
digg.com reported on 5 September 2026 that Algorand has updated its consensus model. The update allows holders to keep their native ALGO tokens spendable within their wallets. Previously, locking tokens was a requirement, but that constraint has now been removed.
According to the report, solo node runners still need to hold 30,000 ALGO to earn rewards. The claim was shared by the account @cryptodotnews. The message included a photo attachment and was labeled JUST IN.
The report notes that no first-party announcement from Algorand appeared in the data packet. Therefore, the details reflect the reported claim rather than independent confirmation.
How the market reacted
Whalio's own Binance spot order flow for ALGO, measured when this story was written up on 5 September 2026. Not the outlet's figures.
ALGO is trading at $0.05050 with a 1-hour buy ratio of 55.6% and a 4-hour buy ratio of 55.4%. These short-term figures show stronger buying pressure compared to the 24-hour buy ratio of 45.0%. Volume deltas are positive in the short term, with +$3,769 in the last hour and +$27,939 over four hours. However, the 24-hour volume delta is -$235,195, indicating net selling over the longer period. The buy ratio measures the proportion of trades that are buys versus sells. A ratio above 50% means buyers are more active than sellers during that timeframe.
The latest daily buy ratio of 45.1% sits at the 7th percentile of the last 281 days, against a median of 49.7% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ALGO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.0%, making the current 24-hour buy ratio of 45.0% a 6.0 point drop from the norm. Volume has been 1.42 times the average, showing increased activity. The 8-day price change is +3.9%, while the total volume delta for that period is -$26,981. This indicates that despite higher volume, net selling has persisted over the week. The current day shows a shift toward buying compared to the weekly average, but the longer-term trend remains net negative.