{"id":612531,"date":"2026-06-10T14:36:34","date_gmt":"2026-06-10T14:36:34","guid":{"rendered":"https:\/\/Blockchain.News\/news\/algorand-may-2026-report-tvl-active-wallets"},"modified":"2026-06-10T14:36:34","modified_gmt":"2026-06-10T14:36:34","slug":"algorand-algo-may-report-tvl-up-9-8-stablecoin-liquidity-drops","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/10\/algorand-algo-may-report-tvl-up-9-8-stablecoin-liquidity-drops\/","title":{"rendered":"Algorand (ALGO) May Report: TVL Up 9.8%, Stablecoin Liquidity Drops"},"content":{"rendered":"<figure class=\"figure mt-2\">\n<p> <a href=\"https:\/\/blockchain.news\/Profile\/Felix-Pinkston\">Felix Pinkston<\/a> <span class=\"publication-date ml-2\"> Jun 10, 2026 14:36<\/span> <\/p>\n<p class=\"lead\">Algorand (ALGO)&#8217;s May 2026 data shows 9.8% TVL growth to $97M, but stablecoin liquidity fell 32.9%. Active wallets surged 24.3%.<\/p>\n<p> <a href=\"https:\/\/image.blockchain.news:443\/features\/28D5B083D25976E266B4CE4D70193285F1248B00437E22B5F1457946F80AE79C.jpg\" class=\"hero-image-link\"> <img fetchpriority=\"high\" decoding=\"async\" class=\"rounded hero-image\" src=\"https:\/\/image.blockchain.news:443\/features\/28D5B083D25976E266B4CE4D70193285F1248B00437E22B5F1457946F80AE79C.jpg\" alt=\"Algorand (ALGO) May Report: TVL Up 9.8%, Stablecoin Liquidity Drops\" loading=\"eager\" width=\"1200\" height=\"630\"> <\/a> <\/figure>\n<p><a rel=\"nofollow\" href=\"https:\/\/blockchain.news\/wiki\/what-is-algoswap\">Algorand<\/a> (ALGO) delivered mixed signals in its May 2026 report, with total value locked (TVL) rising 9.8% month-over-month to $97 million, while <a rel=\"nofollow\" href=\"https:\/\/blockchain.news\/wiki\/stablecoin\">stablecoin<\/a> <a rel=\"nofollow\" href=\"https:\/\/blockchain.news\/wiki\/what-is-balancer\">liquidity<\/a> fell sharply by 32.9% to $53 million. The ecosystem showed notable growth in user engagement and developer activity, underscoring its resilience amid broader market volatility.<\/p>\n<h2>Key Metrics: Growth in TVL and Active Wallets<\/h2>\n<p>Despite the decline in stablecoin liquidity, Algorand&#8217;s TVL saw a meaningful increase from April\u2019s $88 million to $97 million, marking a nearly 10% monthly gain. This growth follows a 25.1% TVL surge in April, demonstrating a continued upward trend in locked capital. However, the notable dip in stablecoin market cap suggests a pullback in liquid capital across the network.<\/p>\n<p>User activity rebounded significantly in May, with monthly active wallets (MAW) climbing 24.3% to 587,000, reversing April\u2019s 11.1% decline. Total wallets grew modestly by 0.9% to 51.12 million, while cumulative transactions ticked up by 1.17%, reaching 3.59 billion. This recovery reflects stronger engagement after a subdued April.<\/p>\n<h2>Builder Momentum Reignites<\/h2>\n<p>Developer activity surged during May, with the number of smart contracts deployed jumping 47.3% to 682,000. New asset creation skyrocketed by 238.7%, rising from 17,000 in April to 59,000. These figures indicate renewed experimentation and deployment within the ecosystem, potentially signaling optimism among builders despite the broader market&#8217;s challenges.<\/p>\n<h2>Decentralization, Staking, and Rewards<\/h2>\n<p>Algorand\u2019s network decentralization remained stable, with 2.11 billion ALGO staked, representing 81.4% community ownership and 18.6% held by the Algorand Foundation. Staking rewards increased by 308,000 ALGO month-over-month, reaching 6.93 million ALGO in May, while network fees rose 5.6% to 50,000 ALGO.<\/p>\n<p>Tokenomics updates revealed that ALGO\u2019s circulating supply reached 8.92 billion, or 89.2% of its 10 billion max supply, reflecting steady distribution.<\/p>\n<h2>Why It Matters for ALGO Traders<\/h2>\n<p>As of June 10, 2026, ALGO trades at $0.090676 with a market cap of $810.22 million. The uptick in TVL and active wallets suggests sustained interest in Algorand\u2019s ecosystem, even as liquidity thinned. For traders, the stablecoin contraction could signal lower short-term capital depth, but the surge in developer activity and user engagement points to longer-term ecosystem growth.<\/p>\n<p>Looking ahead, Algorand celebrates its seven-year anniversary on June 19, an event that could spark renewed community focus. Meanwhile, its xChain interoperability initiative and increasing adoption in institutional projects like VersaBank\u2019s blockchain-based deposit receipts underscore its appeal in enterprise-grade applications.<\/p>\n<p>ALGO\u2019s performance will depend on whether it can maintain momentum in TVL and builder activity while navigating liquidity challenges in a bearish altcoin market. Traders will likely watch for further catalysts from Algorand\u2019s June events and ongoing dApp developments.<\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span> <!-- Divider --> <!-- Bookmark button -->  <!-- Bookmark button END --> <!-- Author info END --> <!-- Divider --> <a href=\"https:\/\/blockchain.news\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Felix Pinkston Jun 10, 2026 14:36 Algorand (ALGO)&#8217;s May 2026 data shows 9.8% TVL growth to $97M, but stablecoin liquidity fell 32.9%. Active wallets surged 24.3%. Algorand (ALGO) delivered mixed signals in its May 2026 report, with total value locked (TVL) rising 9.8% month-over-month to $97 million, while stablecoin liquidity fell sharply by 32.9% to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":612532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[2941,2911,25582,23,25],"class_list":{"0":"post-612531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-algo","9":"tag-algorand","10":"tag-crypto-metrics","11":"tag-defi","12":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/612531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=612531"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/612531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/612532"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=612531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=612531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=612531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}