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$0.235359
Low $0.234892
High $0.244656
What is Algorand?
Algorand is a decentralized network designed to solve the blockchain trilemma of simultaneously achieving speed, security, and decentralization. Algorand, which was launched in June 2019 by computer scientist and MIT professor Silvio Micali...
Algorand is a decentralized network designed to solve the blockchain trilemma of simultaneously achieving speed, security, and decentralization. Algorand, which was launched in June 2019 by computer scientist and MIT professor Silvio Micali, is a permissionless and open-source blockchain network that anyone can build on. Algorand is intended to be a payments-focused network with fast transactions and a strong emphasis on achieving near-instant finality — that is, it will process over 1,000 transactions per second (TPS) and achieve transaction finality in less than five seconds. Algorand employs a Proof-of-Stake (PoS) consensus mechanism, with validator rewards distributed to all holders of its native ALGO cryptocurrency. Algorand is capable of managing the high-throughput requirements of widespread global usage and a variety of use cases due to its strong throughput capacity and equitable community incentivization. Algorand is currently capable of hosting decentralized application (dApp) development and providing scalability as a public smart contract blockchain that relies on staking. Rising Ethereum gas fees have prompted many dApp developers and decentralized finance (DeFi) traders to seek alternative blockchain solutions, with some turning to Algorand as an Ethereum alternative for dApp development and DeFi applications. Algorand also allows developers to create new tokens or transfer existing tokens to the Algorand ecosystem using the Algorand Standard Asset (ASA) protocol. Stablecoins like USDT and USDC, for example, exist as ASAs on the Algorand blockchain and have much higher throughput and lower transaction fees than Ethereum. Furthermore, as central banks continue to investigate networks for hosting their central bank digital currencies (CBDCs), Algorand has emerged as a viable option and has been selected to host the Marshall Islands CBDC.
Influencers
@161300
CoinScouts Grade
9Market Statistics
Volume
$56,042,183.00
Market Cap
$1,675,840,869.00
Fully Diluted
$2,353,590,000.00
Market cap Value
3.34 %
Circulating Supply
7,121,151,709
Max Supply
10,000,000,000
Total Supply
7,344,542,127
% of Max Supply
(71.21%)Statistics
Algorand Statistics
Name
AlgorandTicker
ALGOPrice
$0.23535924 Hour Trading Volume
$56,042,183.0024 Hour Volume Change
80.74%Market cap
$1,675,840,869.0024 Hour Market Cap Change
-3.79%Fully Diluted Market Cap
$2,353,590,000.00Price change 24 hour
0.27%Price change 7 days
-3.79%Price change 14 days
-2.56%Price change 30 days
-43.99%All Time Low/High
$0.105336 | $3.56Percentage Change Since All Time High
-93.39%Percentage Change Since All Time Low
123.64%Market cap rank
#32Volume / Market Cap
0.03344Issuance Blockchain
AlgorandCirculating Supply
7,121,151,709 (96.96%)Max Supply
10,000,000,000Total Supply
7,344,542,12724h Volatility
$0.00Twitter Followers
284,771Telegram Users
30,691Reddit Subscribers
68,828Github subs
63Github issues
1,290Algorand Markets
Upcoming Algorand Events
Algorand - Future of Crypto
Dec 7, 2022, 12:00:00 AM
Future of Crypto conference by Benzinga in New York City.
Algorand - Future of Crypto
Dec 7, 2022, 12:00:00 AM
Future of Crypto conference by Benzinga in New York City.
Algorand - Folks Finance V2
Dec 12, 2022, 12:00:00 AM
"Going live on #Algorand Mainnet"
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Algorand News
Buyers Rule Over Algorand's (ALGO) Price Action, Enough To Break Above $0.26?
The Algorand price has been positive over the last 24 hours. Despite minor gains, the altcoin has been moving north....Read full story
y NewsBTC
Last updated 1 day ago
Bullish
Algorand (ALGO) Price Prediction 2025-2030: $10 for ALGO isn't very far because
The coin has been trapped in a very small...Read full story
y AMBCrypto
Last updated 3 days ago
Neutral
Buyers Rule Over Algorand's (ALGO) Price Action, Enough To Break Above $0.26?
The Algorand price has been positive over the last 24 hours. Despite minor gains, the altcoin has been moving north.... Read full story
By NewsBTC | Last updated 1 day ago |
Bullish
Algorand (ALGO) Price Prediction 2025-2030: $10 for ALGO isn't very far because
The coin has been trapped in a very small... Read full story
By AMBCrypto | Last updated 3 days ago |
Neutral
What Algorand Investors Should Worry About As November Ends
The Algorand price saw an almost 50% pullback in November, closing the month near $0.244. The battered price action may need some push from ALGO investors.... Read full story
By BeInCrypto | Last updated 6 days ago |
Bearish
What's Next As Algorand Price Remains Congested
Algorand price continues to pack negative price action throughout the month of November. The altcoin has depreciated by more than 40% since the beginning of this month.... Read full story
By NewsBTC | Last updated 7 days ago |
Neutral
Binance to enable USDCa withdrawal and deposit on Algorand tomorrow
The Algorand blockchain network recently announced to its over 300, 000 subscribers on Twitter that its nodes are back on Binance. Hence, users can start withdrawing and depositing in USDC via the nodes as of t... Read full story
By Crypto news | Last updated 7 days ago |
Neutral