Algorand (ALGO) Price Forecast 2025-2031: Short-Term Bearish Trend with Potential for Long-Term Recovery
Algorand (ALGO) price forecasts for 2025-2031 indicate a predominantly bearish outlook in the short term, but analysts and technical indicators point to gradual long-term recovery potential. Following a significant surge and optimism in mid-2025—driven by network upgrades like AlgoKit 3.0 and increased ecosystem engagement—the market has since turned more cautious. As of June 2025, ALGO trades at $0.1907 with a market cap of $1.64B and 8.61B tokens in circulation. Technical analysis reveals continued downside momentum: ALGO fell 4% over the last 30 days and trading volume dropped by almost 7%, with key indicators (SMA/EMA) maintaining bearish signals. Although some projections previously targeted highs up to $0.90 by year-end and as much as $5.65 by 2030, consensus now sees a 2025 peak near $0.33, with $1 not expected until 2028 and a potential high of $1.80 by 2031. Recent research from the Algorand Foundation questions the significance of DeFi’s Total Value Locked (TVL) as a price driver, suggesting other factors carry more weight in the short term. Presently, market sentiment is mixed – the Fear and Greed Index reads ’Greed,’ but most ALGO holders remain at a loss. Overall, ALGO’s rebound prospects are hampered by broader market corrections and diminished trading activity. For crypto traders, ALGO remains a speculative and volatile asset, and robust price recovery may require several years according to analysts’ consensus.
Bearish
Despite earlier optimism and technological upgrades that briefly boosted ALGO’s price, subsequent technical and market data point to sustained bearish momentum for the short term. Recent price action demonstrates continued declines in price and trading activity, with technical indicators (SMA/EMA) showing negative trends. Algorithmic projections and analyst consensus have revised down previous bullish targets, now expecting only modest gains through 2025 and a slow recovery trajectory that could stretch several years. The Algorand Foundation’s research further undermines a key bullish narrative by indicating TVL does not strongly impact short-term price behavior. Mixed sentiment and a majority of holders being underwater reinforce bearish sentiment for the near future, while possible long-term upside now depends on substantial network growth and broader market conditions.