Krutika Adani
Algorand is a quantum-proof Layer 1 blockchain with a high network capacity and very low transaction cost.
The crypto dropped to 64th in terms of market cap from 28th last year.
The Algorand Foundation, which is responsible for the blockchain, has made little to no visible efforts to market this unique blockchain.
Algorand lost a major partnership with FIFA, after which no significant new partnerships arose.
Users have little to no incentives to use the blockchain as quantum computers have not yet proliferated the markets.