ALGO

AlgorandALGO

Rank #29
Coin
On 594,371 watchlists

Algorand Price (ALGO)

$0.3547
0.66%

0.00001761 BTC0.54%

0.000261 ETH0.32%

Low:$0.3451
High:$0.3584
24h
ALGO  Algorand ALGO
Price:
$0.3547
 0.66%
Market Cap
$2,488,034,160
0.66%
Fully Diluted Market Cap
$3,546,671,825
0.66%
Volume
24h
$100,528,762
7.35%
Volume / Market Cap
0.0404
Circulating Supply
7.02B ALGO
70%
Max Supply
10,000,000,000
Total Supply
7,245,639,971
Sponsored

Algorand to USD Chart

Loading Data

Please wait, we are loading chart data

ALGO to USD Converter

ALGO

Algorand

USD

United States Dollar

ALGO Price Statistics

Algorand Price Today
Algorand Price$0.3547
Price Change24h$0.002324
0.66%
24h Low / 24h High
$0.3451 /
$0.3584
Trading Volume24h$100,528,761.70
7.35%
Volume / Market Cap0.0404
Market Dominance0.26%
Market Rank#29
Algorand Market Cap
Market Cap$2,488,034,159.85
0.66%
Fully Diluted Market Cap$3,546,671,824.65
0.66%
Algorand Price Yesterday
Yesterday's Low / High
$0.3451 /
$0.3595
Yesterday's Open / Close
$0.3574 /
$0.3538
Yesterday's Change

1.01%

Yesterday's Volume$98,421,379.46
Algorand Price History
7d Low / 7d High
$0.3346 /
$0.3716
30d Low / 30d High
$0.2821 /
$0.4086
90d Low / 90d High
$0.2797 /
$0.4086
52 Week Low / 52 Week High
$0.2765 /
$2.83
All Time High
Jun 21, 2019 (3 years ago)
$3.28
89.19%
All Time Low
Mar 13, 2020 (3 years ago)
$0.1024
246.34%
Algorand ROI

89.18%

Algorand Supply
Circulating Supply7,015,123,707 ALGO
Total Supply7,245,639,971 ALGO
Max Supply10,000,000,000 ALGO

ALGO to USD Converter

ALGO

Algorand

USD

United States Dollar

ALGO Price Live Data

The live Algorand price today is $0.354667 USD with a 24-hour trading volume of $100,528,762 USD. We update our ALGO to USD price in real-time. Algorand is up 0.66% in the last 24 hours. The current CoinMarketCap ranking is #29, with a live market cap of $2,488,034,160 USD. It has a circulating supply of 7,015,123,707 ALGO coins and a max. supply of 10,000,000,000 ALGO coins.

If you would like to know where to buy Algorand at the current rate, the top cryptocurrency exchanges for trading in Algorand stock are currently Binance, OKX, Bybit, Deepcoin, and MEXC. You can find others listed on our crypto exchanges page.

What Is Algorand (ALGO)?

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $2.4 per token.

Who Are the Founders of Algorand?

Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.

What Makes Algorand Unique?

Algorand was invented to speed up transactions and improve efficiency, in response to the slow transaction times of Bitcoin and other blockchains. Algorand is designed so that there are lower transaction fees, as well as no mining (like Bitcoin's energy-intensive process), as it is based on a permissionless pure proof-of-stake (PoS) blockchain protocol.

Algorand’s Compatibility with Ethereum

On Feb. 17, 2022, the Algorand Foundation announced a $10M grant to Applied Blockchain to develop the London Bridge, a trustless bridge that will bring Ethereum compatibility to the Algorand blockchain. Algorand has struggled to attract liquidity to its ecosystem, despite promising low cost transactions, low latency and high scalability. Having a bridge to Ethereum, which currently has the most robust DApp ecosystem, would allow Algorand to connect to these applications and attract more liquidity. In the long-term, the Algorand Foundation aims to have verification of other chains be performed on Alogrand’s smart contracts, by incorporating state proofs in the form of Compact Certificates into the Algorand Consensus. The foundation’s goal is to eventually solidify the DeFi ecosystem on Algorand.

Learn more about Ethereum.

Learn more about Avalanche.

Read more about our deep dive on Web 3.0.

Want to keep track of Algorand price live? Download the CoinMarketCap mobile app!

Curious about the crypto space? Read our educational section — Alexandria.

How Many Algorand (ALGO) Coins Are There in Circulation?

The genesis of the Algorand blockchain states that 10 billion ALGO was minted. The distribution of the fixed and immutable 10 billion ALGO will end in 2030, rather than the initial plan of 2024. For more information about Algorand’s tokenomics, see here.

How Is the Algorand Network Secured?

The Algorand blockchain is a permissionless pure proof-of-stake blockchain protocol. Unlike proof-of-work (PoW) blockchains, where the root block must be validated by randomly-selected validators (using computing power), in the pure proof-of-stake approach all of the validators are known to one another and only have to agree on the next block in order to create a new block.

Where Can You Buy Algorand (ALGO)?

Algorand can be bought on the following exchanges:

Coinbase

Binance

OKEx

Kraken

Huobi

To check Algorand price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Algorand price page. Alternatively, use the dedicated exchange rate converter page. Popular Algorand price pairs include: ALGO/USD, ALGO/GBP, ALGO/AUD and ALGO/EUR.

ALGO to USD Converter

ALGO

Algorand

USD

United States Dollar

ALGO Price Statistics

Algorand Price Today
Algorand Price$0.3547
Price Change24h$0.002324
0.66%
24h Low / 24h High
$0.3451 /
$0.3584
Trading Volume24h$100,528,761.70
7.35%
Volume / Market Cap0.0404
Market Dominance0.26%
Market Rank#29
Algorand Market Cap
Market Cap$2,488,034,159.85
0.66%
Fully Diluted Market Cap$3,546,671,824.65
0.66%
Algorand Price Yesterday
Yesterday's Low / High
$0.3451 /
$0.3595
Yesterday's Open / Close
$0.3574 /
$0.3538
Yesterday's Change

1.01%

Yesterday's Volume$98,421,379.46
Algorand Price History
7d Low / 7d High
$0.3346 /
$0.3716
30d Low / 30d High
$0.2821 /
$0.4086
90d Low / 90d High
$0.2797 /
$0.4086
52 Week Low / 52 Week High
$0.2765 /
$2.83
All Time High
Jun 21, 2019 (3 years ago)
$3.28
89.19%
All Time Low
Mar 13, 2020 (3 years ago)
$0.1024
246.34%
Algorand ROI

89.18%

Algorand Supply
Circulating Supply7,015,123,707 ALGO
Total Supply7,245,639,971 ALGO
Max Supply10,000,000,000 ALGO