Market cap
$1.1B
24h volume
$48.4M
Circulating supply
8.9B ALGO
Max supply
10.0B ALGO
Fully diluted valuation
$1.1B
Total supply
8.9B ALGO
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production.
Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services.
The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
The current price of Algorand (ALGO) is $0.1196. The price is updated in real time using live market data.
Algorand has a market capitalization of $1.1B, making it the #67 cryptocurrency by market cap.
Algorand reached its all-time high of $3.56 on Jun 20, 2019. The current price is -96.63% from the all-time high.
Algorand has a maximum supply of 10.0B ALGO and a circulating supply of 8.9B ALGO.
Algorand had $48.4M in trading volume over the past 24 hours.
