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Algorand

Algorand

ALGO
#72
$0.09440Up 2.04 percent($0.00)

Key Stats

Market Cap$853.31MUp 2.04 percent
Volume (24h)$12.36M
Fully Diluted Value$944.04M
Vol/Mkt Cap (24h)1.45%
Total Supply10.00B ALGO
Max Supply10.00B ALGO
Circulating Supply9.04B ALGO
Launch Date2019-06-11
Block Number64,744,763

Algorand Information

Websites
www.algorand.foundationWhitepaper
Block Explorers
allo.info
Hashing Algorithms
SHA-256
Supported Standards
ASA
Industries
Platform

Algorand Price Converter

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Latest Algorand News

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Algorand unveils roadmap to achieve quantum resistance by 2028
Neutral

Algorand unveils roadmap to achieve quantum resistance by 2028

Neutral

Bitcoin rallies on report of Iran ceasefire talks, Algorand extends gains

Positive

Algorand Foundation returns to U.S. amid friendlier crypto regulation under Trump

Positive

Algorand Foundation Names Former Ripple Engineer Nikolaos Bougalis CTO

Algorand Markets

View all
InstrumentExchangeBenchmark DataPrice24h Change
AlgorandUSDT logo
ALGO-USDT
ALGOUSDT
binance logobinance
AA
0.09420USDT
1.84%
AlgorandUSD logo
ALGO-USD
ALGO-USD
coinbase logocoinbase
AA
0.09433USD
2.14%
AlgorandUSDT logo
ALGO-USDT
ALGOUSDT
bybit logobybit
A
0.09430USDT
2.11%
AlgorandUSDT logo
ALGO-USDT
ALGO_USDT
whitebit logowhitebit
BB
0.09420USDT
1.95%
AlgorandUSD logo
ALGO-USD
ALGOUSD
kraken logokraken
AA
0.09435USD
2.21%

About Algorand

Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.

Frequently Asked Questions

Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It's designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol that is capable of processing thousands of transactions per second with minimal fees.

Algorand (ALGO) is primarily used as a means of payment and a store of value. It is used to transfer money, purchase goods and services, and send messages securely. It is also used to create and deploy decentralized applications (dApps), tokenize assets, and create smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It also offers a highly liquid market with few restrictions on transaction sizes.

Algorand (ALGO) was created by Silvio Micali, a Turing Award-winning professor at MIT and a renowned cryptography expert. He is also the founder of the Algorand Foundation, which is responsible for the development, management, and ongoing maintenance of the Algorand protocol.