Cryptos:  12,012Exchanges:  411Market Cap:  $1,904,912,868,08324h Vol:  $155,477,999,153Dominance:  BTC: 42.4% ETH: 18.6%ETH Gas:  52 Gwei
Cryptos:  12,012Exchanges:  411Market Cap:  $1,904,912,868,08324h Vol:  $155,477,999,153Dominance:  BTC: 42.4% ETH: 18.6%ETH Gas:  52 Gwei
ALGO

AlgorandALGO

Rank #18
Coin
On 301,900 watchlists

Algorand Price (ALGO)

$1.70
12.49%

0.00003969 BTC3.78%

0.0005635 ETH4.57%

Low:$1.53
High:$1.88
24h
ALGO  Algorand ALGO
Price:
$1.70
 12.49%
Market Cap
$9,388,137,338
11.51%
Fully Diluted Market Cap
$17,003,712,585
10.76%
Volume
24h
$1,149,233,550
61.35%
Volume / Market Cap
0.1224
Circulating Supply
5.52B ALGO
55%
Max Supply
10,000,000,000
Total Supply
6,060,663,457
Sponsored

Algorand to USD Chart

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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.

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 very 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 blockchain protocol.

Learn more about Ethereum.

Learn more about Avalanche.

Learn more about Web 3.0.

Read CMC’s blog.

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 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

Learn more about buying cryptocurrencies here.

ALGO to USD Converter

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ALGO Price Statistics

Algorand Price Today
Algorand Price$1.70
Price Change24h$-0.2426
12.49%
24h Low / 24h High
$1.53 /
$1.88
Trading Volume24h$1,149,233,550.42
61.35%
Volume / Market Cap0.1224
Market Dominance0.49%
Market Rank#18
Algorand Market Cap
Market Cap$9,388,137,337.95
11.51%
Fully Diluted Market Cap$17,003,712,585.29
10.76%
Algorand Price Yesterday
Yesterday's Low / High
$1.55 /
$1.98
Yesterday's Open / Close
$1.97 /
$1.65
Yesterday's Change

16.36%

Yesterday's Volume$1,094,994,134.31
Algorand Price History
7d Low / 7d High
$1.53 /
$2.25
30d Low / 30d High
$0.9617 /
$2.54
90d Low / 90d High
$0.6778 /
$2.54
52 Week Low / 52 Week High
$0.1984 /
$2.54
All Time High
Jun 21, 2019 (2 years ago)
$3.28
48.16%
All Time Low
Mar 13, 2020 (2 years ago)
$0.1024
1560.46%
Algorand ROI

48.08%

Algorand Supply
Circulating Supply5,521,227,962 ALGO
Total Supply6,060,663,457 ALGO
Max Supply10,000,000,000 ALGO