Following Google’s recent report on the threats of quantum computing, some blockchains were singled out as quantum-resistant. The paper warns that quantum computers could actually break the traditional elliptical curve cryptography.
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Moreover, Google’s research singles out Algorand (ALGO) as a popular Proof of Stake (PoS) blockchain that has already shifted towards post-quantum cryptography (PQC). To make this happen, Algorand’s blockchain makes use of the Falcon-signed State Proofs every 256 blocks.
On the other hand, it’s fair to note that no specific blockchain is fully qualified as 100% quantum-resistant chain yet, but Solana (SOL), Ripple (XRP), Starknet (STARK) & Algorand (ALGO) are painted as those having progressed the furthest in quantum computing-absorption.
Algorand Gets The Most Praise, Price Back In Bullish Mode
“Beyond Bitcoin and Ethereum, no blockchain receives more coverage than Algorand”, – proudly stated Algorand Foundation’s official X account. The honorable mentions in the Google Quantum paper have skyrocketed Algorand’s native ALGO coin by 25% on the daily time-frame.
Following the citation in the prestigious paper, Algorand’s price rose from easily nailing the status today’s top gainer among major-caps. Algorand’s market value quickly soared from $0.088 to $0.1045, securing a new monthly peak.
The 29% run puts ALGO still a considerable distance from the 3-month high of $0.144, according to CoinGecko’s historical price data.
ALGO’s price action aside, Switzerland’s Post Finance bank just integrated Algorand into their ecosystem, bringing regulated exposure to the popular altcoin to nearly 2.5 million customers.
This breakthrough aligns with the narrative of native crypto integration, for which Algorand might be among the most suitable, judging from the remarks in Google’s Quantum AI publication.
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Google recently released a paper warning that future quantum computers could break the security of most blockchains. Some altcoins that are preparing for this (called quantum-resistant) suddenly became very popular and started pumping in price.
Google’s research specifically mentioned Algorand as one of the few big blockchains already taking real steps toward quantum resistance. This positive shoutout caused a lot of excitement, and ALGO price jumped 29% in a short time.
Besides Algorand, coins like Solana (early tests), XRP Ledger, Starknet, and fully quantum-focused projects such as Quantum Resistant Ledger (QRL) and Abelian are getting attention.
