I have some doubts on Algo value and it would be great to hear from you:
As fees are very low (0,001 ALGO) and daily transactions are around 700k, these transactions seems to have little impact on price, as it would represent only 700 Algo per day, which is very low compared to daily volume. So how an increase in usage of Algorand network can have an impact in Algo price?
What happened in august/2020 for the huge increase in transactions?
What is tradeable supply and what explains the spike of tradeable supply in the beginning of september? Algorand Stats
What is tradeable cap?
What is the meaning of circulating supply and total supply here? Algorand Asset
Is it possible to see anywhere the composition of Algorand transactions (the ones related to tether, USDC, etc)?
Just holding Algo in my binance wallet I receive staking interest? Binance charge any fee on that?