According to @cas_abbe, Algorand (ALGO) holders can now participate in soft staking directly on Binance, the world's largest cryptocurrency exchange. Over 270 million Binance users are eligible to stake ALGO with no lock-up period and receive daily rewards, as confirmed by the official announcement from @AlgoFoundation and Binance (source: @cas_abbe, June 18, 2025). This development is expected to increase ALGO staking participation and liquidity, potentially reducing circulating supply and influencing ALGO price action. Traders should monitor ALGO volumes and staking participation metrics on Binance for possible volatility and upward price momentum.