Welcome to the latest edition of the Algo Insights Report, recapping ecosystem metrics and momentum in April 2026. 

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April highlights

April delivered a rotation in network dynamics, capital returned to the ecosystem, while user and builder activity cooled after March’s breakout month.

Capital and liquidity

• TVL (USD): +25.1% MoM ($70M → $88M)
• Stablecoin market cap: +22.6% MoM ($64M → $79M)
  

Network usage cools, but remains resilient

• Monthly Active Wallets (MAW): -11.1% MoM (531K → 472K)
• Total wallets: +0.75% MoM (50.29M → 50.67M)
• Transactions: +1.17% MoM (3.51B → 3.55B cumulative)
  

While active wallets declined, transaction growth remained positive, indicating the network maintained a strong baseline of utility even after March’s acceleration.

Builder activity cools after March spike

• Contracts deployed: -4.2% MoM (484K → 463K)
• New assets created: -38.7% MoM (28K → 17K)

Builder activity pulled back from March’s unusually high levels, but overall deployment numbers remained broadly consistent with recent months.

Decentralization and security update

In April 2026, Algorand continued progress on decentralization and network security, with total ALGO staked steadily at over 2 billion. The community now accounts for 81.2% of the stake, while the Foundation’s share is 18.8%.

Algorand tokenomics

At the end of April, ALGO’s circulating supply reached 8.91 billion, representing 89.1% of the total maximum supply. This marks a 0.2% increase from March.

Staking rewards and network fees

In April, Algorand validators earned 6.62 million ALGO in staking rewards, -3.9% MoM, while fees collected rose 7.8% (from 44K to 47K ALGO).

The chart below illustrates the monthly evolution of reward distribution alongside fee generation.

Thank you for reading. Be sure to check out the rest of the newsletter for more updates from 
the Foundation and across the ecosystem.

– Simon Bonanno, Head of Analytics

News and updates

From the Foundation

• Season 3 of Verifiably Random concluded on April 10 with an episode on AI and the developer experience, featuring CSMO Marc Vanlerberghe and Senior Director of Integrations and Developer Tooling, Brian Whippo.
• CEO Staci Warden and CSO Chris Peikert sat down for an interview on World Quantum Day. Watch here.
• The Foundation hosted a Community Call. Watch the recording here.
• xChain Accounts launched with Alpha Arcade, enabling connection to supported EVM-compatible wallets such as MetaMask, Rabby, and Coinbase Wallet.
• Algorand is now fully supported across x402 facilitators, demo pages, and official packages.
• Shared accounts are now live on Pera.
• The Q1 2026 Transparency Report was published on April 30.
• New Solutions that Scale videos highlighting Mann Deshi and SEWA were published.
  

Algorand in the news

• CEO Staci Warden was live on the Wolf of All Streets podcast to discuss tokenization, recent regulatory updates, and more.
• CSMO Marc Vanlerberghe was quoted in a Sandmark article about agentic finance.
• Blockhash published an episode with CSMO Marc Vanlerberghe about Algorand’s work in agentic commerce and quantum.
• CSO Chris Peikert was interviewed by IEEE Spectrum on the quantum threat to crypto.
• Principal Protocol Engineer Giulio Pizzini, Senior Solutions Architect Cosimo Bassi, and Software Engineer Steve Ferrigno were interviewed by the All In Crypto podcast about the Google quantum paper and Algorand’s quantum preparedness.
• Genfinity published an episode with CSMO Marc Vanlerberghe discussing agentic commerce, an episode with Joseph Cecala, Head of Product Marketing, to discuss Pera shared accounts, and an episode on quantum with Principal Protocol Engineer Giulio Pizzini, Senior Solutions Architect Cosimo Bassi, and Software Engineer Steve Ferrigno.
• A new Coinbase paper cited Algorand as one of the first and only blockchains with post-quantum security.
• UNDP included Algorand in its latest report on development in the digital era.
• Algorand was added to the JVCEA Green List, a register of cryptos approved for fast-tracked listings across Japanese exchanges.

Around the ecosystem

The roundup below highlights how the ecosystem is doubling down on strengths in payments, prediction markets, and developer infrastructure.

Staking and DeFi news

• Haystack redesigned its app and launched PvP updates, including leaderboard and PnL tracking.
• Folks Finance launches cross-chain BTC and ETH on Algorand via Wormhole NTT and celebrated 4 years on mainnet.
• Lofty redesigned their mobile site and property pages.
• Tinyman now supports WBTC and WETH trading.
  

Stablecoins, payments, and agentic commerce

• $1 million USDC has been bridged by Allbridge.
• Gora shifted focus to decentralized AI agents.
• OnePay announced that its crypto customers can now buy and sell ALGO directly in the app.

Wallets

• Pera Wallet
  • New feature: shared accounts
    • Human-friendly multi-sig (2-of-3, 3-of-5, weighted)
    • No custodians or shared seed phrases
    • Sync + async signing, full Ledger support
    • Enables secure multi-party fund management (DAOs, teams, businesses)
  • Ecosystem expansion highlights
    • Pera Fund access improved with US users now being able to purchase ALGO and a new Coinbase integration (via Meld.io)
    • xChain Wallet support added to Pera Explorer
      

Prediction markets

• Alpha Arcade launched its real estate dashboard.

Dev spotlight, tools, and infrastructure

• AlgoBharat announced several hackathon winners: Binary v2, Hacknovate 7.0, and Ignition Hackverse.
• X402 on the Algorand developer page went live.
• Wen Tools announces a new capability to mint music files as assets on wen.tools.
• DevLoot bounty platform launched for funding GitHub issues with USDC payouts.
  

What's happening in April

• CEO Staci Warden is speaking at the Center on Foreign Relations meeting on Digital Currencies in New York City on May 13.

• Staci is speaking at the AIM Summit in London on May 19.

• CSMO Marc Vanlerberghe is speaking at the Nordic Blockchain Conference on May 26.

• The AF ecosystem team is hosting a Community Call on May 28. Follow AF on X for updates.

Stay up to date on upcoming conferences, hackathons, speaker events, and community meetups around the world by visiting our Events page.

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