• Q109. Is the price of Algorand more closely correlated with the crypto market, and assets such as BTC or ETH, or is it more correlated with network usage such as number of transactions or ALGO transfers? How does this compare to other networks such as Solana? Note your findings and anything else that may be interesting in relation to Algorand's price movement!

• Things that I will discuss in this dashboard

• compare the algo pricing to the algorand blockchain's transaction counts

• algo payments, and algo transfers (both in terms of quantity and value).

• The daily volume of Algo trades and the average price are depicted in the graph above.
• Accordingly, the number of transactions has been ranked by their value in order to show the correlation between algo price and transaction volume.

• Algo's price doesn't seem to follow a distinct trend in the same way as the previous chart
• . Algo's value does not change based on the number or quantity of Algo transactions.

• As can be seen in the graph, the price of Ethereum has fluctuated over the course of the day.

• Even though at first glance the price of Algo appears to have no correlation with the price of BTC,

  \

\

• Considering all the cases and comparing the prices and the number of transactions, everything shows the correlation of the price of the template with ALTCOIN and other coins of the market.