儘管獲得 SEC 認可，Algorand 在市場低迷中仍舉步維艱

在加密貨幣市場低迷的背景下，Algorand 的 ALGO 代幣成為水下持有者比例最高（90%）的加密貨幣。儘管 SEC 主席 Gary Gensler 早些時候曾表示讚揚，但 Algorand 一直在苦苦掙扎，其 ALGO 代幣表現不佳，目前交易價格為 0.17 美元，較歷史高點下跌了 95%。這種下降削弱了詹斯勒的認可，一些投資者將其解讀為一種證券。

Algorand's Struggles Amidst Crypto Market Downturn

Algorand 在加密貨幣市場低迷中舉步維艱

Once touted by Securities and Exchange Commission (SEC) Chair Gary Gensler as a promising blockchain technology, Algorand is facing significant challenges in the current crypto market downturn.

Algorand 曾被美國證券交易委員會 (SEC) 主席 Gary Gensler 吹捧為一項有前景的區塊鏈技術，但在當前的加密貨幣市場低迷時期，它面臨著重大挑戰。

Data from crypto analytics platform IntoTheBlock reveals a sobering picture: 90% of Algorand's ALGO token holders are currently experiencing losses on their investments. Only 7% remain in profit, while 2% are at the break-even point. Among the cryptocurrencies tracked by IntoTheBlock, ALGO has the highest proportion of holders in loss.

來自加密貨幣分析平台 IntoTheBlock 的數據揭示了一幅令人警醒的景象：90% 的 Algorand ALGO 代幣持有者目前正遭受投資損失。只有 7% 仍保持獲利，2% 處於損益兩平點。在 IntoTheBlock 追蹤的加密貨幣中，ALGO 持有者損失比例最高。

Algorand, a layer-1 blockchain founded in 2017, gained prominence when Gensler, then a professor at the Massachusetts Institute of Technology (MIT), praised its capabilities. In 2019, Gensler hailed Algorand's technology as "great" and capable of supporting applications like Uber. Many crypto investors interpreted Gensler's comments as an endorsement of the project, which received renewed attention after his appointment as SEC Chair in 2021.

Algorand 是一款成立於 2017 年的 Layer 1 區塊鏈，由於時任麻省理工學院 (MIT) 教授 Gensler 對其能力的讚揚，它獲得了關注。 2019 年，Gensler 稱讚 Algorand 的技術“很棒”，能夠支援 Uber 等應用程式。許多加密貨幣投資者將 Gensler 的言論解讀為對該項目的認可，該項目在 2021 年被任命為 SEC 主席後再次受到關注。

However, Algorand's recent performance has been lackluster. The ALGO token, which reached an all-time high of $3.56 in 2019, has plummeted to around $0.17, a decline of over 95%. In contrast, top cryptocurrencies Bitcoin and Ethereum have surged by 612% and 860%, respectively, during the same period.

然而，Algorand 最近的表現卻乏善可陳。 ALGO代幣在2019年創下3.56美元的歷史新高，目前已暴跌至0.17美元左右，跌幅超過95%。相比之下，頂級加密貨幣比特幣和以太幣同期分別飆升 612% 和 860%。

Gensler's earlier support for Algorand has come under scrutiny in light of the SEC's recent lawsuit against crypto trading platform Bittrex. The lawsuit alleges that ALGO is a security, subject to US securities laws. The Algorand Foundation, which oversees the blockchain's development, disputes this classification.

鑑於 SEC 最近針對加密貨幣交易平台 Bittrex 提起訴訟，Gensler 早期對 Algorand 的支援受到了密切關注。該訴訟稱 ALGO 是一種證券，受美國證券法管轄。負責監督區塊鏈發展的 Algorand 基金會對此分類提出異議。

While Gensler's favorable remarks about Algorand initially boosted its profile, it is important to note that he is an MIT faculty member, as is Algorand's founder, Silvio Micali. This shared affiliation may have influenced Gensler's familiarity with the project and his decision to cite it as an example in his lectures and presentations.

雖然 Gensler 對 Algorand 的好評最初提升了該公司的知名度，但值得注意的是，他和 Algorand 的創始人 Silvio Micali 一樣都是麻省理工學院的教員。這種共同的隸屬關係可能影響了 Gensler 對這個項目的熟悉程度，並決定在他的講座和演示中引用它作為例子。

The ongoing debate over whether certain cryptocurrencies, including ALGO, constitute securities has further clouded Algorand's prospects. If the SEC were to deem ALGO a security, it would face additional regulatory requirements and scrutiny, potentially affecting its development and adoption.

關於包括 ALGO 在內的某些加密貨幣是否構成證券的持續爭論進一步為 Algorand 的前景蒙上陰影。如果 SEC 將 ALGO 視為證券，它將面臨額外的監管要求和審查，可能會影響其開發和採用。

In the midst of the broader crypto market downturn, Algorand's struggles highlight the risks and uncertainties involved in investing in digital assets. While Gensler's past praise may have initially attracted attention, the project's current performance and regulatory challenges raise concerns for investors. As the crypto landscape continues to evolve, Algorand's ability to overcome these challenges and regain investor confidence remains to be seen.

在更廣泛的加密貨幣市場低迷時期，Algorand 的困境凸顯了投資數位資產所涉及的風險和不確定性。雖然 Gensler 過去的讚揚最初可能引起了人們的關注，但該項目目前的表現和監管挑戰引起了投資者的擔憂。隨著加密貨幣格局的不斷發展，Algorand 克服這些挑戰並重獲投資者信心的能力仍有待觀察。