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A second Indian project has gone live on the Algorand mainnet 🇮🇳 SEWA Cooperative Federation is using blockchain-based identity and document verification to grow access from 40,000 women today to millions more, helping low-income working women and their families access vital services. AlgoBharat brings another impactful project on-chain.

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Indian project Mann Deshi is now live on Algorand 🇮🇳 Mann Deshi has already supported 390,000+ women through microloans and training. Now they are bringing access to finance to thousands of women microentrepreneurs through a blockchain-based digital credit scorecard. AlgoBharat is bringing India on-chain.

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🚨 CRYPTO: ALGORAND SURGES 16% IN 24 HOURS AFTER GOOGLE QUANTUM AI PAPER CITES $ALGO 32 TIMES AS POST-QUANTUM PIONEER Algorand ( $ALGO ) has jumped 16% in 24 hours to $0.1053 after Google Quantum AI's landmark paper on blockchain quantum vulnerabilities cited the network 32 times, more than any other chain besides Bitcoin and Ethereum. Google described Algorand as "the perfect example of real-world deployment of post-quantum cryptography on an otherwise quantum-vulnerable blockchain." The paper highlighted Algorand's live FALCON digital signatures for smart contracts, state proofs, native key rotation, and multi-layered post-quantum security infrastructure. Trading volume spiked 162% in 24 hours and futures open interest jumped 55% to $58.9 million. The rally is especially dramatic given ALGO hit an all-time low of $0.08 just days earlier following a 25% Foundation workforce cut, CTO departure, and board reshuffle. The token is now up ~20% on the week as the quantum narrative provided a lifeline to a battered community.

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We're excited to announce the launch of the Chainlink Reserve, a new upgrade centered on the creation of a strategic onchain reserve of LINK tokens. The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage. The Chainlink Reserve is being built up by using Payment Abstraction to convert offchain and onchain revenue into LINK, using a combination of Chainlink services and decentralized exchange infrastructure. Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform. With increasing demand from a number of the world’s largest banking and capital markets institutions, this form of paying for the Chainlink standard is expected to grow into the future as the industry grows. The Reserve has already accumulated over $1M worth of LINK from this early stage launch phase, which is expected to gradually grow in the coming months as more revenue is converted into LINK and placed into the Reserve. We do not expect any withdrawals from the Reserve for multiple years and thus it is expected to grow over time. We believe that as the industry demand for Chainlink’s unique capabilities increases, that adoption of Chainlink services will enable the Reserve to grow further. 🧵👇

We're excited to announce the launch of the Chainlink Reserve, a new upgrade centered on the creation of a strategic onchain reserve of LINK tokens. The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage. The Chainlink Reserve is being built up by using Payment Abstraction to convert offchain and onchain revenue into LINK, using a combination of Chainlink services and decentralized exchange infrastructure. Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform. With increasing demand from a number of the world’s largest banking and capital markets institutions, this form of paying for the Chainlink standard is expected to grow into the future as the industry grows. The Reserve has already accumulated over $1M worth of LINK from this early stage launch phase, which is expected to gradually grow in the coming months as more revenue is converted into LINK and placed into the Reserve. We do not expect any withdrawals from the Reserve for multiple years and thus it is expected to grow over time. We believe that as the industry demand for Chainlink’s unique capabilities increases, that adoption of Chainlink services will enable the Reserve to grow further. 🧵👇

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