According to Cas Abbé, Uphold will now allow ALGO staking for its reported 10M users across 140+ countries, a move he suggests could channel demand into staking yields and reduce tradable float in ALGO spot markets (source: Cas Abbé on X, Sep 5, 2025). According to Cas Abbé, more than 2B ALGO are already staked and he states ALGO has a fixed total supply of about 8.7B, leading him to describe ALGO as already deflationary (source: Cas Abbé on X, Sep 5, 2025). According to Cas Abbé, additional staking participation from Uphold’s user base could tighten liquid supply and create a supply crunch, which traders should factor into order book liquidity, slippage, and potential momentum in ALGO trading pairs (source: Cas Abbé on X, Sep 5, 2025).