Welcome to the latest edition of the Algo Insights Report, recapping ecosystem metrics and momentum in June 2026.
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June highlights
June saw softer headline liquidity and active-wallet figures, but underlying economic activity remained resilient, led by record H1 USDC transaction volume and a sharp increase in new asset creation.
Capital, liquidity, and stablecoin activity
- TVL (USD): -28.6% MoM ($97M → $69M)
- TVL (ALGO): +3.6% MoM (779M → 807M ALGO)
- Stablecoin market cap: -7.6% MoM ($53M → $49M)
- USDC transacted volume: +72.2% MoM ($436M → $751M)
USD-denominated TVL declined materially in June, while stablecoin market capitalization also contracted for a second consecutive month. However, this reduction in available stablecoin liquidity did not translate into weaker usage. USDC transacted volume rose by more than 72% MoM to approximately $751 million, the highest monthly level recorded in H1 2026, as shown in the chart below.
USDC accounts for approximately 97% of Algorand’s total stablecoin market capitalization. The divergence between its market capitalization and transacted volume suggests that the existing USDC supply was used more intensively by higher-value users and applications. In June, USDC transacted volume exceeded 15x its market capitalization, up from approximately 8x in May.
Network usage
- Monthly Active Wallets (MAW): -12.1% MoM (587K → 516K)
- Total wallets: +0.9% MoM (51.12M → 51.56M cumulative)
- Transactions: +1.2% MoM (3.59B → 3.64B cumulative)
- Nodes: +2.8% MoM (2,745 → 2,822)
Monthly active wallets declined following May’s rebound, but broader network activity remained resilient. Algorand added more than 441,000 wallets, processed approximately 41 million transactions, and increased node participation by nearly 3%.
Builder activity
- Contracts deployed: -6.3% MoM (682K → 639K)
- New assets created: +227.6% MoM (59K → 192K)
Builder activity was mixed in June. Contract deployments eased modestly after May’s sharp increase but remained at a comparatively elevated level. At the same time, new asset creation more than 3x, reaching approximately 192,000 assets and marking the strongest growth signal of the month. This indicates sustained experimentation and tokenization activity across the ecosystem, even as smart-contract deployment normalized from May’s peak.
Decentralization and security update
In June 2026, Algorand continued progress on decentralization and network security, with total ALGO staked steadily at over 2.02 billion. The community now accounts for 80.6% of the stake, while the Foundation’s share is 19.4%.
Algorand tokenomics
At the end of June, ALGO’s circulating supply reached 8.94 billion, representing 89.4% of the total maximum supply. This marks a 0.24% increase from May.
Staking rewards and network fees
In June, Algorand validators earned 6.57 million ALGO in staking rewards, bringing the total rewards distributed for H1 2026 to 40.15 million 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
- On June 11, Algorand celebrated seven years since Block 0.
- Algorand Foundation released its Post-Quantum Roadmap on June 18. Read the blog and watch the video with Marc, Bruno, and Chris.
- Algorand celebrated its seventh anniversary on June 19.
- New Built to Build episodes with Camilo Molano and Brian Whippo.
- Algorand Foundation hosted an x402 agentic commerce hackathon in Berlin.
- Algorand Foundation partnered with Token Terminal for standardized, real-time metrics on fees, revenue, active users, and more.
- AlgoBharat hosted the India Dev Retreat in Goa. See winners of the Hack Series 3.0 here.
- The Global x402 Challenge was announced on June 16.
- The AF team hosted two Reddit AMAs on June 19 and June 30.
Algorand in the news
- CoinDesk covered Algorand’s Post-Quantum Roadmap.
- CLO Jennie Levin was featured in CryptoSlate, Global Legal Post, and Payment Expert.
- Algorand earned an A grade on the Tectonic Quantum Threat Tracker, one of only two blockchains in the industry to earn an A grade.
- CSO Chris Peikert was featured in an IEEE Spectrum piece on Trump’s post-quantum cryptography executive order.
- Algorand joined the UNDP Blockchain Advisory Group.
- Algorand's Debt Standard Application took second place at the global ACTUS Use Case Competition.
- CTO Bruno Martins spoke on The Tie’s webinar, Is Crypto Ready for Quantum?
- Algorand won the ‘Most Sustainable Blockchain Technology’ from the 2026 World Finance Sustainability Awards.
Around the ecosystem
The roundup below highlights ecosystem updates in June.
Staking and DeFi news
- Folks Finance
- Tinyman crossed 8 million TINY burned.
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Stablecoins, RWAs, payments, and agentic commerce
- Lofty launched real estate calculators.
- Hypercube announced a 10-year partnership with Wateralia to reshape how the world manages water.
- The German Federal Foreign Office and Polisync piloted USDC aid payments to Damascus on Algorand via HesabPay.
Wallets
- Pera Wallet
- Integrated Downbad for NFT collection registration.
- Released iOS Pera Wallet update v6.23.0.
- Released Android Pera Wallet update v6.202611.0.
- Opened beta sign-ups for Pera Wallet 7.0, the app's biggest rebuild yet. Join the beta to test it before general release.
- Akita integrated Haystack’s router into its app.
Prediction markets
- Alpha Arcade
- Launched combos.
- Launched combos.
Dev spotlight, tools, and infrastructure
- AlgoDevs hosted the x402 agentic commerce hackathon at 42 Berlin with over 370 registrants and 41 teams.
- GoPlausible launched an x402 dashboard and native URI and QR code handling in OpenClaw for the Algorand ecosystem.
What's happening in July
- The Algorand Foundation team attended and held sessions at We Are Developers in Berlin, July 8-10.
- Algorand’s Humanitarian Payments Council took place this week, July 15-16, in Washington, D.C.
- Jorrin Bruns, Head of Developer Engagement & Integrations, is speaking at ETH Toronto on July 22.
- The team is hosting a Reddit Community AMA on July 23.
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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