尽管获得 SEC 认可，Algorand 在市场低迷中仍举步维艰

在加密货币市场低迷的背景下，Algorand 的 ALGO 代币成为水下持有者比例最高（90%）的加密货币。尽管 SEC 主席 Gary Gensler 早些时候曾表示赞扬，但 Algorand 一直在苦苦挣扎，其 ALGO 代币表现不佳，目前交易价格为 0.17 美元，较历史高点下跌了 95%。这种下降削弱了詹斯勒的认可，一些投资者将其解读为一种证券。

Algorand's Struggles Amidst Crypto Market Downturn

Algorand 在加密货币市场低迷中举步维艰

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 曾被美国证券交易委员会 (SEC) 主席 Gary Gensler 吹捧为一项有前景的区块链技术，但在当前的加密货币市场低迷时期，它面临着重大挑战。

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.

来自加密货币分析平台 IntoTheBlock 的数据揭示了一幅令人警醒的景象：90% 的 Algorand ALGO 代币持有者目前正遭受投资损失。只有 7% 仍保持盈利，2% 处于盈亏平衡点。在 IntoTheBlock 追踪的加密货币中，ALGO 持有者损失比例最高。

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 是一款成立于 2017 年的 Layer 1 区块链，由于时任麻省理工学院 (MIT) 教授 Gensler 对其能力的赞扬，它获得了关注。 2019 年，Gensler 称赞 Algorand 的技术“很棒”，能够支持 Uber 等应用程序。许多加密货币投资者将 Gensler 的言论解读为对该项目的认可，该项目在 2021 年被任命为 SEC 主席后再次受到关注。

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 最近的表现却乏善可陈。 ALGO代币在2019年创下3.56美元的历史新高，目前已暴跌至0.17美元左右，跌幅超过95%。相比之下，顶级加密货币比特币和以太坊同期分别飙升 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.

鉴于 SEC 最近针对加密货币交易平台 Bittrex 提起诉讼，Gensler 早期对 Algorand 的支持受到了密切关注。该诉讼称 ALGO 是一种证券，受美国证券法管辖。负责监督区块链发展的 Algorand 基金会对这种分类提出异议。

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.

虽然 Gensler 对 Algorand 的好评最初提升了该公司的知名度，但值得注意的是，他和 Algorand 的创始人 Silvio Micali 一样都是麻省理工学院的教员。这种共同的隶属关系可能影响了 Gensler 对这个项目的熟悉程度，并决定在他的讲座和演示中引用它作为例子。

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.

关于包括 ALGO 在内的某些加密货币是否构成证券的持续争论进一步给 Algorand 的前景蒙上阴影。如果 SEC 将 ALGO 视为证券，它将面临额外的监管要求和审查，可能会影响其开发和采用。

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.

在更广泛的加密货币市场低迷时期，Algorand 的困境凸显了投资数字资产所涉及的风险和不确定性。虽然 Gensler 过去的赞扬最初可能引起了人们的关注，但该项目目前的表现和监管挑战引起了投资者的担忧。随着加密货币格局的不断发展，Algorand 克服这些挑战并重获投资者信心的能力仍有待观察。