Algorand Updates May Spark Significant Surge in October: Here’s the Reason

Algorand has just activated two new drivers: stablecoin liquidity and leadership, providing bulls with a clear October narrative to work with.

The Algorand Foundation has teamed up with the cross-chain protocol Allbridge to introduce a specialized stablecoin bridge for the Algorand platform, with its launch expected in the fourth quarter of 2025.

This bridge will facilitate the seamless transfer of native stablecoins such as USDC directly into the Algorand ecosystem from various blockchains through Allbridge Core.

This initiative is anticipated to enhance liquidity and expand the utilization of stablecoins across applications built on Algorand.

What Implications Does the Allbridge Integration Hodl for Algorand Users?

As per an official statement, this integration leverages Allbridge’s extensive multi-chain framework, supporting over 20 networks and offering developer APIs for bridging within applications.

Algorand is collaborating with @Allbridge_io to launch a specialized stablecoin bridge in Q4 2025.

This will grant users and developers uninterrupted access to stablecoin available volume across different blockchains, solidifying Algorand’s role as a center for on-chain finance. pic.twitter.com/HcFcGr7ux7

— Algorand Foundation (@AlgoFoundation) September 30, 2025

Allbridge is also a participant in Circle’s Alliance Program, which seeks to broaden USDC’s accessibility.

This update follows closely on Algorand’s appointment of Nikolaos Bougalis, a former engineering lead at Ripple, as the new CTO.

We’re excited to share that @nbougalis is joining the Algorand Foundation as our new CTO. pic.twitter.com/g2HuOmJtGv

— Algorand Foundation (@AlgoFoundation) September 29, 2025

Bougalis will guide the network’s roadmap for 2025 with emphasis on decentralization, safety, and scalability.

As reported by CoinGecko data, Algorand’s native asset ALGO is currently trading around $0.21, with a slight 0.1% rise in the last 24 hours and daily volume approaching $100M.

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(Source: CoinGecko)

Per DefiLlama statistics, the protocol currently possesses approximately $47.5M in stablecoins, with USDC making up about 95% of that share. 

(Source: DefiLlama)

Daily decentralized exchange (DEX) activity is recorded at $530,000, with approximately 38,000 addresses having been active over the last day.

For Allbridge, this integration enhances its ongoing cross-chain operations. To date, the platform has completed over 1.15M transfers across 831,120 wallets, with total value locked around $24.68M.

(Source: Allbridge)

Min Wei, Algorand’s business head, stated that access to stablecoins is “critical for bridging the divide between TradFi and DeFi,” emphasizing payment solutions and tokenized real-world assets as significant use cases.

Andriy Velykyy, co-founder of Allbridge, highlighted that extending Allbridge Core to Algorand will “create a new option for USDC swaps and cross-chain transfers.”

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Algorand Price Forecast: What Are the Key Price Levels for Algorand (ALGO) in This Altseason?

Algorand (ALGO) is displaying fresh momentum, with analysts observing a wave structure that could prepare the crypto token for significant movement.

One analyst pointed out that “ALGO price is determined by trading market cap,” setting targets of $0.83 for Wave 3, $0.48 for Wave 4, and $2.06 for Wave 5.

$ALGO | @Algorand

Price is a Function of Crypto market Cap

Altseason Targets
➼ Wave 3: $0.83
➼ Wave 4: $0.48
➼ Wave 5: $2.06

All Math, All Day pic.twitter.com/HBF6Y9n3Ls

— Quantum Ascend (@quantum_ascend) September 29, 2025

The ALGO/USDT chart on TradingView indicates that the token is stabilizing above support after rebounding from its September lows.

Higher lows are appearing on the 4-hour chart, which indicates steady accumulation. Price ceiling is emerging between $0.31 and $0.33, where trading volume is consolidating. A breakthrough in this zone could pave the way to the next target around $0.83.