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Algorand Overview
24h High
$0.10
24h Low
$0.09
24h Change
-4.76%
7d Change
+4.78%
30d Change
-4.84%
Volume 24h
$22.96M
Market Cap
$843.78M
Circulating Supply
8.89B ALGO
Algorand News
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About Algorand
Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.
Algorand (ALGO) is primarily used as a means of payment and a store of value. It is used to transfer money, purchase goods and services, and send messages securely. It is also used to create and deploy decentralized applications (dApps), tokenize assets, and create smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It also offers a highly liquid market with few restrictions on transaction sizes.
Algorand (ALGO) was created by Silvio Micali, a Turing Award-winning professor at MIT and a renowned cryptography expert. He is also the founder of the Algorand Foundation, which is responsible for the development, management, and ongoing maintenance of the Algorand protocol.
Algorand Markets
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Algorand Platforms
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Learn About Algorand
Algorand Staking Returns Beat Most Savings Accounts in 2026
Algorand's Pure Proof-of-Stake lets network users agree on whether transactions are valid. If you hold ALGO, you can get protocol token rewards by helping to validate blocks on the network. No extra steps are needed.
Archie DuttonMar 11, 20268m read
Algorand Market Data
The live Algorand price today is $0.09 USD with a 24-hour trading volume of $22,958,174.91 USD. We update our ALGO to USD price in real-time. Algorand is down 4.76% in the last 24 hours.
The current market cap is $843,775,641.77 USD, ranking #65 by market capitalization. The circulating supply is 8,890,948,749 ALGO out of a max supply of 10,000,000,000 ALGO.