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Algorand

Live Algorand price

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Algorand price chart

Algorand (ALGO) is currently priced at 0.00 USD, with a 24h change of +0.0502%. Last updated: 05/07/2026 19:43:23 (UTC+0).

Algorand (ALGO) price details

24h high
0.113600 USD
24h low
0.108600 USD
24h change
+0.0502%
24h trading vol.
81.35M USD
Market cap
1.12B USD
Fully diluted market cap
1.26B USD
Total supply
10.00B
Max supply
10.00B
All-time high (2019-06-21)
3.28 USD
All-time low
0 USD
Ranking
52
Circulating supply
89.09%
3D change
+7.55%
7D change
+14.87%
30D change
+18.94%
1Y change
+76.11%
Algorand

Algorand price history

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As of today, the average price of Algorand (ALGO) is 1.64 USD. The all-time high was 3.28 USD on 2019-06-21, while the all-time low was 0 USD on --.

Algorand technical analysis

Technical analysis leverages historical price patterns and trading volume to provide insights into potential Algorand movements and help traders identify opportunities in the volatile crypto market.
Summary:
Moving average
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Indicators
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Algorand (ALGO) sentiment

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About Algorand

What Is Algorand

Definition of Algorand

Algorand is a decentralized blockchain platform designed for secure, scalable, and efficient transactions. Algorand launched its mainnet in June 2019, founded by Silvio Micali, a Turing Award-winning cryptographer and MIT professor. The core concept revolves around pure proof-of-stake (PPoS) consensus, enabling fast, low-cost operations without traditional mining. Its ecosystem includes tools for developers to build decentralized apps (dApps), smart contracts, and assets like non-fungible tokens (NFTs). Backed by the Algorand Foundation, it focuses on real-world adoption, supporting everything from finance to supply chain solutions. This makes Algorand a key player in the crypto industry, emphasizing sustainability and accessibility.

How Does Algorand Work

Operational Mechanisms

Algorand operates on a permissionless blockchain using pure proof-of-stake (PPoS), where token holders participate in consensus without energy-intensive mining.

Consensus and Technical Principles

In PPoS, users stake ALGO tokens to validate blocks randomly and securely. It employs cryptographic sortition for quick block proposals and Byzantine agreement for finality, ensuring transactions confirm in seconds. Smart contracts run on the Algorand Virtual Machine (AVM), supporting languages like TEAL. Private keys secure user funds, while public keys verify transactions, maintaining decentralization and resistance to attacks.

How Is New Algorand Created

Issuance and Creation Methods

New ALGO tokens are not "mined" like in proof-of-work systems; instead, they are distributed through rewards and governance programs.

Mining/Staking and Supply Details

Participants stake ALGO to earn rewards by validating the network. The total supply is capped at 10 billion ALGO, with an inflation model that gradually releases tokens. Rewards come from transaction fees and governance voting incentives. This setup promotes network security and user participation, with circulating supply growing as more tokens are unlocked over time.

The Use Cases of Algorand

Payments and Value Storage

Algorand enables fast, low-fee payments and acts as a store of value due to its stability and security features.

DeFi and Smart Contracts

It supports decentralized finance (DeFi) apps for lending, borrowing, and trading, powered by efficient smart contracts.

Other Applications

Cross-border transfers benefit from its speed, while NFTs and governance tokens thrive on the platform. Algorand also powers real-world assets like tokenized real estate, making it versatile for everyday crypto needs.

Buy, Send, or Store Algorand

Purchasing Channels

You can buy ALGO on platforms like WEEX Exchange, which offers secure trading. Sign up on WEEX to earn a free 20 USDT bonus, making it a trusted spot for crypto enthusiasts. https://www.weex.com/how-to-buy

Wallets and Storage

Use hot wallets like Pera Wallet for easy access or cold wallets like Ledger for enhanced security. To send ALGO, enter the recipient's address in your wallet app. Always enable two-factor authentication and store private keys offline to protect against risks.

Pros & Cons / Risks

Advantages

- High scalability with transactions per second exceeding many competitors. - Energy-efficient PPoS consensus reduces environmental impact. - Strong security through randomization in block validation. - Low fees make it ideal for microtransactions.

Risks and Disadvantages

- Price volatility can lead to significant value fluctuations. - Regulatory changes might affect adoption. - Technical risks, like potential network upgrades, could introduce bugs. - Centralization concerns if large holders dominate staking.

Comparison

Algorand vs. Major Alternatives

Compared to Bitcoin's proof-of-work, Algorand offers faster speeds and lower energy use via PPoS, but lacks Bitcoin's proven longevity as a store of value. Versus Ethereum, it provides instant finality without gas wars, though Ethereum has a larger DeFi ecosystem. This positions Algorand as a efficient alternative for scalable apps.

Conclusion / Next Steps

Future Potential

Algorand shows promise with ongoing upgrades for better interoperability and adoption in finance. Its focus on sustainability could drive growth amid crypto's evolution.

Practical Suggestions

Review the Algorand whitepaper or roadmap for deeper insights. Join the community to stay updated, and consider exploring WEEX for trading—check it out to get started.

Market & Ecosystem

Market Cap & Trading Volume

As of September 4, 2025, Algorand's market cap stands at $1,982,812,469 USD, with a 24-hour trading volume of $48,804,638 USD.

Exchanges Where It’s Listed

ALGO is available on WEEX Exchange, a reliable platform for buying and selling.

Community Size & Activity

The community is active on Twitter, Reddit, and Telegram, with millions of followers discussing updates and developments.

Ecosystem Growth

Partnerships with developers and institutions boost growth, including dApp expansions and increased developer activity for new projects.

Social media and community

FAQ

1. What is the current price of Algorand (ALGO) in USD?

As of 05/07/2026, the current price of Algorand (ALGO) is 0.1262 USD.

2. What is the market capitalization of Algorand (ALGO)?

Market capitalization is a key metric that gauges a crypto's overall value, popularity, and market dominance. The current market cap of Algorand (ALGO) is 1.12B USD.

3. What is the circulating supply of Algorand (ALGO)?

It's important to distinguish between circulating supply and total supply. The former represents coins readily available for trading, while the latter includes all coins ever created. Currently, Algorand (ALGO) has a circulating supply of 8.91B ALGO out of a total supply of 10.00B ALGO.

4. What factors influence the price of Algorand (ALGO)?

Numerous factors contribute to the price fluctuations of Algorand (ALGO).
Supply and demand dynamics: A limited supply of Algorand against increasing demand often drives up the price. Conversely, a large supply or decreased demand can lower the price.
Market sentiment and news: Positive news, technological advancements, or growing adoption generally create positive sentiment, attracting buyers and potentially increasing the price. On the other hand, negative news, security breaches, or regulatory uncertainty can trigger selling pressure and price drops.
Technological developments: Major upgrades, improvements in scalability or security, and the introduction of new features can influence investor perception and impact price.
Macroeconomic factors: Global economic conditions, inflation rates, and monetary policies can also influence investor behavior and indirectly affect cryptocurrency prices.
Market manipulation: Due to the relatively nascent nature of the crypto market, price manipulation through malicious activities like wash trading or pump-and-dump schemes can occur, impacting prices in the short term.

5. Is Algorand (ALGO) a good investment?

When evaluating Algorand (ALGO) as an investment, consider these key factors:
Project fundamentals: Research the project's team, technology, white paper, and use cases to assess its potential value.
Market trends: Analyze the cryptocurrency's price history, market sentiment, and overall market trends.
Competition: Evaluate the competitive landscape and how Algorand compares to similar projects.
Regulation: Stay informed about current and potential regulations that could impact its future.

6. Where can I buy Algorand (ALGO)?

You can buy Algorand (ALGO) on various cryptocurrency exchanges.
Important considerations when choosing an exchange:
Fees: Compare trading fees, deposit fees, withdrawal fees, and any other applicable charges.
Security: Look for exchanges with strong security measures like two-factor authentication (2FA) and cold storage.
Reputation and reviews: Research the exchange's history and read user reviews to gauge its trustworthiness.
Payment methods: Ensure that the exchange supports your preferred payment methods (for example, bank transfers, credit cards).
Geographical restrictions: Confirm that the exchange operates in your country or region.
We highly recommend WEEX as a top-rated option. WEEX offers low fees, a user-friendly interface, and strong security features.

7. What are the typical fees when buying Algorand (ALGO)?

The fees for buying Algorand (ALGO) can vary depending on the cryptocurrency exchange you use and your chosen payment method. Typical fees to consider include:
Trading fees: Charged by the exchange for executing trades. They are structured as a percentage of the trade amount (such as 0.1 – 0.5%) or a flat fee per transaction.
Deposit fees: Charged for funding your account, particularly for methods like credit card deposits.
Withdrawal fees: You may encounter fees when withdrawing your Algorand (ALGO) or fiat currency from the exchange.

8. What are some technical indicators used for analyzing Algorand (ALGO)?

Traders often use technical indicators to analyze price charts and identify potential trading opportunities for Algorand (ALGO). Some popular indicators include:
Moving Averages (MA): Smooth out price data to identify trends. Common examples are the 50-day, 100-day, and 200-day MAs.
Relative Strength Index (RSI): Measures price movement magnitude and identifies overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): Momentum indicator that highlights the relationship between two moving averages.
Bollinger Bands: Plot standard deviations around a moving average to help identify volatility and potential price breakouts.

Algorand news

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Miners welcome a new life

Under the dual impact of the halving crisis and market crash, Bitcoin mining farms are fully transforming into AI data centers by leveraging existing power infrastructure, fiercely securing billions in orders from tech giants for a comeback.

rootData2026/05/07 10:10:14

At the Stripe conference, I saw the future of the AI economy

When agents cross the boundaries of tools and begin to make autonomous decisions and payments, a new business transformation has arrived.

rootData2026/05/07 10:10:07

Seven Important Judgments by Claude Code's Founder at the Sequoia Conference

Claude Code founder's in-depth sharing at the Sequoia Conference: AI is downgrading "coding" to a basic skill, cross-domain product insights have become the new core barrier, traditional SaaS moats are completely collapsing, and the golden era of startups disrupting large companies has already begun...

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Overview of Important Market Events on May 6th

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