JP Morgan highlights Algorand's post-quantum security features
Algorand (ALGO)
Editor:
Eugene Serbin
Coinfomania.com reports that JP Morgan’s focus on Algorand’s post-quantum security is shifting attention in the crypto market. The bank highlighted Algorand’s post-quantum accounts and security features as part of this recognition. Algorand boasts zero downtime since its mainnet launch in 2019, showcasing its reliability.
Thousands of nodes worldwide contribute to Algorand's robust network security. The platform offers instant finality and low transaction fees, making it attractive for AI applications. This recognition by JP Morgan could signal a larger trend of institutional adoption.
The development highlights the platform’s potential for real-world applications. Traders should watch for shifts in trading activity as institutional interest grows. Key levels to monitor include support at previous lows and resistance at recent highs.
The potential for increased adoption could lead to significant market movements. This recognition indicates a growing awareness of advanced security measures in blockchain technology. The broader crypto market is showing mixed signals, but Algorand’s advancements may attract attention.
How the market reacted
Whalio's own Binance spot order flow for ALGO, measured when this story was written up on 1 October 2026. Not the outlet's figures.
Algorand is trading at $0.1239 with a 24-hour volume of $5,911,363. The 24-hour buy ratio stands at 51.4%, indicating a slight majority of buying pressure over the long term. However, the 1-hour buy ratio has dropped to 25.2%, suggesting immediate selling pressure. The 1-hour volume delta is negative at -$48,364, showing net outflows in the short term. In contrast, the 4-hour buy ratio is 50.2% with a positive volume delta of +$2,301. This divergence suggests that while longer-term buyers are present, short-term traders are currently exiting positions. The CVD for the 24-hour close is +$167,562, confirming net buying over the full day. There were 56,788 trades in the last 24 hours, with 15 hours showing net buying.
The latest daily buy ratio of 54.0% sits at the 90th percentile of the last 322 days, against a median of 49.9% - among the strongest 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 51.7%, which is slightly higher than the current 24-hour reading of 51.4%. The 24-hour volume is 0.63x the weekly average, indicating lower activity than usual. The price increased by 18.8% over the last 8 days, driven by a total volume delta of +$2,771,109. Net buying occurred on 6 of the 7 days in the preceding week. This represents an ordinary day for the coin, as the current buy ratio is only 0.3 points lower than the weekly average. The lower volume relative to the average suggests a consolidation phase after the recent price surge.