Blockchain is disrupting the financial landscape and Algorand’s rapid adoption is being driven by organizations seeking to make financial applications more accessible and inclusive. New use cases from across DeFi and traditional finance are leveraging the core principles and value of Algorand’s decentralized technology as they look to participate in the future of finance. 

Today, we are excited to share that Algorand has surpassed 10 million accounts on its network. Since MainNet launch less than two years ago, Algorand has continued to provide a high performing, stable, 3rd generation blockchain that has unique Layer-1 capabilities, advanced smart contracts, low transaction fees, and regular protocol upgrades to introduce powerful new features. 

Recent highlights of organizations adopting Algorand include:

• 4.5 Million NFTs created on Algorand by one of the largest and most established copyright management organizations, SIAE 
• A $10 Million Fund is Launched to build the Algorand NFT ecosystem and creator’s economy. 
• The Linux Foundation Announces Self-Sovereign Identity on Algorand 
• Curv and Algorand Partner to Advance Institutional Digital Asset Security
• Instimatch bridges the gap between defi offerings and traditional finance with advanced institutional settlement and payment solutions

For real time tracking of Algorand’s scale, speed, adoption, decentralization and more, check out the Algorand MainNet Metrics Dashboard on the Algorand Developer Portal.

The metrics dashboard provides a real time perspective on Algorand’s high performance and growing usage. Transactions over time, addresses growth, asset growth, and network nodes are each graphically displayed for a 1 week, 1 month, and 90 day period.  We are continuing to enhance the dashboard, and we’d love to hear from you; get in touch with us on our Discord #dashboard channel!

We are grateful for this first 10 million and are looking forward to expanding our community and welcoming the next 100 million users to Algorand!

Further Reading:

• Learn More About DeFi on Algorand
• Key Principles for CBDC
• Learn More About CBDC on Algorand
• Explore Featured Use Cases
• Algorand's Next Gen Smart Contracts

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