Citing research from crypto analytics firm Messari in a new YouTube video, the host of InvestAnswers tells his 444,000 subscribers that large holders own 99.7% of Algorand, a much higher rate than other ETH rivals such as Solana (SOL).
“That is kind of scary. If you compare that to something like Solana, large holders own 30%, and that’s about to go down a lot less because of what happened. It’s going to be like 20%. And that is equivalent to the large holders for Ethereum right now.”
The host also notes that Algorand’s daily active users number nearly 79,000, which he says is “not bad.” But