Algorand (ALGO)
Algorand (ALGO)
0.157788 -1.26 %
Rank # 74 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 8,229,225,462.00
Total Supply 8,229,225,538.66
Max Supply 10,000,000,000.00
  Week Month Year All Time
High

20-Jul-2024

0.157974072763
-0.12%

16-Jul-2024

0.16126461569
-2.16%

13-Mar-2024

0.324330818908
-51.35%

20-Jun-2019

₹5,730,800.59
-95.57%
Low

21-Jul-2024

0.157788
0.00%

08-Jul-2024

0.126235234663
25.00%

12-Sep-2023

0.087513
80.30%

12-Sep-2023

₹5,628.29
80.37%

Algorand News (Algo News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Algorand Chart (Algo Chart)

Algorand Price USD (Algo Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Algorand Price History (Algo Price History)
Price Market Cap Volume Date
Coin Algorand
Comments
Algorand Price Today (Algo Price Today)

Algorand is a self-sustaining, decentralized blockchain-based network that enables a wide range of applications. These systems are reliable, adaptable, and effective, which are all essential traits for successful real-world applications. Algorand will provide calculations that demand trustworthy performance guarantees to build new types of trust.

The Algorand mainnet was active in June 2019, and by December 2020, it could process around 1 million transactions per day.  The Algorand initial coin offering (ICO) took place in June 2019, at an Algorand pricing of $2.4 per token.

Silvio Micali is a computer science professor at the Massachusetts Institute of Technology and the creator of Algorand. He received the Turing Award in 2012 for his important contributions to the theory and use of secure two-party computation, electronic money, cryptocurrencies, and blockchain protocols. This places him among the world's top developers of cryptocurrency.

On February 17, 2022, the Algorand Foundation announced a $10 million grant to Applied Blockchain to create the London Bridge, a trustless bridge that would provide Ethereum compatibility to the Algorand blockchain. Despite offering low-cost transactions, minimal latency, and high scalability, Algorand has struggled to draw liquidity to its ecosystem. Having a bridge to Ethereum, which presently has the most extensive DApp ecosystem, would allow Algorand to connect to these apps and draw additional liquidity. In the long run, the Algorand Foundation intends to have other chains validate Alogrand's smart contracts by adding state proofs in the form of Compact Certificates into the Algorand Consensus. 

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Frequently Asked Questions (Crypto FAQs)
The current price of Algorand (ALGO) is USD 0.157788
24 Hours, High Price of Algorand (ALGO) is USD 0.160728 and Low price of Algorand (ALGO) is USD 0.157252
The total supply of Algorand (ALGO) is 8229225538.656 and Circulating supply of Algorand (ALGO) is 8,229,225,462.00
The trading volume of Algorand (ALGO) is 220595203 In the last 24 hours