Additionally, macro factors are lining up to pave the way for a potential recovery in ALGO. All signs are looking good for upside ahead.

ALGO is sitting at $40. Source: Brave New Coin

Speaking at the World Economic Forum in Davos, for example, President Donald Trump reiterated his commitment to making America the leader in emerging technologies, including artificial intelligence and cryptocurrency.

President Donald Trump has also signed new Executive Orders aimed at cementing U.S. leadership in digital finance. The Crypto Executive Orders establish the Presidential Working Group on Digital Asset Markets, an initiative designed to create a cohesive regulatory framework for digital assets while fostering innovation and protecting economic liberty.

On January 23rd, he named Cynthia Lummis to lead a Banking Subcommittee of the US Senate tasked with advancing bipartisan legislation for a comprehensive digital asset framework.

The subcommittee will create a clear set of rules aimed at legitimizing the crypto market, which in turn could improve mainstream adoption of utility-focused digital currencies like Algorand.

Algorand is seeing a massive increase in network usage

Recent data from Nansen indicates Algorand is behind only Arbitrum and Blast in terms of upward momentum in active addresses. In fact, active addresses on the network have shot up an impressive 56% in one week.

Active addresses growing. Source: Nansen

A 6.9% increase in Algorand transactions to more than 11.4 million and a 20% increase in weekly fees to nearly $15,000 also signals a significant growth in network usage that may help drive the price of ALGO meaningfully up in 2025.

Moreover, participants in the consensus process can opt-in to receive incentives while developers have been enabled to build zero-knowledge-proof applications following the network’s most recent 4.01 upgrade.

What it potentially means for investors is increased demand that could eventually stick a higher price tag to the native Algorand token.

How high could the ALGO price go in 2025?

Algorand could be at the verge of a dramatic move to the upside now as it’s currently in the midst of forming a bullish pennant.

A potential breakout may clear the path for ALGO price to return to its previous high of $0.61 that translates to a more than 50% return from current levels.

Despite the recent decline, Algorand sits comfortably above its 200-day MA that hints at a potential resurgence in bullish sentiment and a big move up ahead.

Algorand preparing for upside. Source: TradingView

That’s why Michael van de Poppe, a well-regarded crypto analyst is optimistic that ALGO price will surpass $0.60 in the coming months. He also cited technological advancements and solid fundamentals for his bullish view on Algorand.

Algorand is attracting strategic partnerships

Investing in Algorand is particularly exciting as it is unlocking new use cases by the minute. Just this week, Italian energy giant Enel teamed up with Algorand on tokenizing solar panel ownership, enabling customers to partake in fractional ownership of solar farms through ALGO blockchain.

Algorand has even received a vote of confidence from governments that adds to the legitimacy of its network.

El Salvador, for example, tapped on its technology last year to build a national blockchain infrastructure as part of the president’s broader commitment to improving the security and efficiency of the country’s financial ecosystem.

Similarly, Colombia turned to Algorand in 2023 to efficiently secure the handling of sensitive health data as part of its COVID vaccine passport initiative.

Should you invest in ALGO at current levels?

In summary, Algorand presents a compelling investment opportunity for 2025. With robust fundamentals, including a carbon-negative blockchain and a unique Pure Proof-of-Stake protocol, it’s positioned as a leader in sustainability and efficiency.

Bullish technical indicators and analyst views suggest the recent decline in ALGO price may be an opportunity to load up on this native cryptocurrency before it potentially shoots back to the price of $0.61.

As Algorand continues to innovate and expand its real-world utility with strategic partnerships, the bullish momentum could return and push the price of its native ALGO coin to new all-time highs by the end of 2025.