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Algorand has integrated Wormhole NTT to enable native token transfers across 40+ blockchains, eliminating the need for wrapped assets. This breakthrough enhances DeFi interoperability and has already sparked a 4% surge in ALGO’s price. Developer activity and real-world blockchain adoption are also accelerating on the network.
- Algorand's Wormhole NTT enables native token transfers across 40+ blockchains without wrapped assets, boosting DeFi interoperability.
- ALGO's price rose 4% post-announcement, with trading volumes doubling to $107M, breaking a 30-day downtrend.
- Algorand's real-world adoption includes 17M+ NFT tickets for TravelX and a biometric payment system targeting 6M unbanked Africans.
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