Welcome to the latest edition of The Algo Insights Report, recapping ecosystem metrics and momentum in April 2025.
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April was a great month for Algorand, with online stake surging nearly +20% compared to March — a major boost to the network’s security and resilience. This growth came right after the end of governance rewards, showing that most governors are sticking around and backing the network through the new staking options. That loyalty is a real testament to the ecosystem’s strength.
Meanwhile, RWA adoption on Algorand kept building momentum. RWA TVL saw an impressive +28% increase from March, led primarily by Lofty. This growth underlines the accelerating adoption of real-world applications on Algorand and showcases the network’s constant evolution and expanding influence. — Simon Bonanno, Head of Business Intelligence
Continue reading below for updates from across the ecosystem.
ALGO online stake
RWA TVL
News & Updates
Algorand x World Chess introduce the “universal chess passport”
Utilizing standardized data models and decentralized identifiers (DID), this new system will bring efficiency to entities and organizations and a simpler, more streamlined experience for chess players. It will break down siloes between platforms, allowing the seamless portability of player identities, achievements, records, rankings, rewards, and more.
🔎 READ: "Why I'm excited about a decentralized ID system for chess"
More from the Foundation:
Algorand’s Web3 Masterclasses kicked off, welcoming thousands of aspiring founders for sessions on designing blockchain solutions, NFTs, no-code tools on Algorand, and more.
The engineering team released Algoplonk, enabling devs to build zero-knowledge applications on Algorand.
Applications open for the first-ever xGov council cohort. Join the conversation and apply today.
We hydrated attendees at Paris Blockchain Week and caffeinated them at Token2049 Dubai. In Dubai, we also hosted a side event with friends at XBTO and Fabric Ventures.
CMO Marc Vanlerberghe spoke at the Staking Rewards Summit in Dubai, alongside panelists from Chainlink Labs, Web3 Foundation, and more.
We released the final episode of Verifiably Random season 2, recapping the first-ever Algorand Developer Retreat. At the Retreat, 50 devs wrote more than half a million lines of code and submitted 40 open-source repos. Watch the recap.
AlgoBharat revealed the newest members of its India Advisory Committee; meet them here.
Applications are open for the 2025 Algorand Accelerator! Listen to this X Space for more details.
We released the Transparency Report for Q1 2025.
New on Algorand mainnet:
A digital credit scorecard from Mann Deshi, an Indian entity supporting nearly 400K women with microloans and training.
A digital identity and document verification solution from SEWA, enabling millions of women in India to more easily access vital services.
MiCA-compliant stablecoins EURQ and USDQ, powered by Quantoz.
Haydrops, a permissionless protocol for creating, claiming, and managing token drops.
The beta version of Rxelms Zombies game.
The dualSTAKE staking platform from Myth Finance.
Elsewhere in the ecosystem:
GoPlausible released Algorand MCP 2.5.0, making all Algorand knowledge available for AI agents.
HesabPay partnered with MercyCorps to expand its blockchain-powered payment services into Syria. With this and other continued expansion, utilized now by multiple UN agencies in both Afghanistan and Syria, HesabPay also became the world’s largest humanitarian payments program on a public blockchain.
Nansen released its half-year report on Algorand, highlighting key developments in H2 2024. Alpha Arcade also launched its own on-chain activity dashboard on Nansen.
Web3 onboarding platform Galxe integrated with Algorand, enabling users on the platform to complete quests and get rewarded in ALGO and USDCa.
CompX launched Nexus – Trading 3.0, enabling cross-chain trading using Pera Wallet, powered by Ultrade.
The Ghetto Pigeons game went live on the Google Play store.
Bitrue enabled Algorand staking for its millions of users.
AlgoGazer went live, a new block explorer for Algorand.
👉 Each week, the Foundation’s Head of DeFi, Fred Estante, recaps everything happening in the ecosystem. Check out his April summaries here, here, here, and here to discover when apps are running incentives, opportunities for beta testing new apps and feature upgrades, and more.
📆 👥 Upcoming in May:
Info on these events & more can be found here: https://algorand.co/events
13: Algorand Nigeria hosts Peer Coding Session 3 (virtual)
13-14: The Dev Rel team will be at International Javascript Conference in London
14-15: Head of Payments Luther Maday will speak at the HODL Summit
14-22: The Dev Rel team will be at PyCon US 2025
16: CEO Staci Warden will speak at AI Rush in London
19-20: CEO Staci Warden will speak at the AIM Summit in London
19-22: Head of Impact Matt Keller will attend the NVOAD conference with partners at Kare Wallet
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