Algorand v5.0.0 hits 90% node support ahead of activation

Algorand's v5.0.0 upgrade has cleared the 90% node support threshold required for activation, with the Algorand team saying on X that it will go live once a mandatory cooldown period ends. Community member Alex, who posts as france.algo on X, said mainnet deployment is expected within about a week and described the release as one of the network's largest protocol upgrades since staking rewards went live in January 2025. The update embeds native Falcon-1024 post-quantum accounts directly into the protocol, expands smart contract capabilities through AVM v13, and introduces a fee structure that charges more for larger or more computationally intensive transactions while keeping the base fee at 0.001 ALGO, about $0.000079 as of August 16. Standard transfers are not set to face the same fee changes. ALGO was trading at $0.079, down 0.7% over 24 hours, showing a muted immediate market reaction even as the upgrade advances Algorand's broader push toward quantum resilience.

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