Algorand
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Price
$1.03
24 Hour % Change
-0.50%
Market Cap
$4.92B
Volume (24h)
$502.12M
USD
Linear
Log
to
Key metrics
24 Hour Low
$1.01
24 Hour High
$1.10
Net change
$-0.005167
24 Hour Open
$1.04
All time high
$3.56
Total Supply
4.77B
Returns (24H)
-0.50%
Returns (YTD)
157.43%
Volatility (30d)
1.96
Transaction Count (24h)
n/a
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
n/a
About Algorand
Category
Software Platform
Value proposition
Global computer
Algorand is a proof-of-stake (PoS) blockchain that supports smart contracts. Its protocol uses Pure PoS, through which users are selected on a random and secret basis to propose blocks and vote on proposals. In that way, the blockchain ensures that each user’s influence on the choice of a new block is proportional to the user’s stake in the system. Founded by MIT professor and Turing Award recipient Silvio Micali in June 2019, Algorand is designed as a scalable and secure blockchain free of potential governance issues such as forks. The network’s Algorand 2.0 update, released in late 2019, adds decentralized finance (DeFi) features and smart contracts.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Very low spot volume Thursday isn’t helping bitcoin's price.
Bitcoin fell by over $3,300 while options traders see ether going higher.
The price of bitcoin has traded in a tight range Tuesday.
Market Wrap: Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in March
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Less action in the bitcoin market Wednesday means traders are sitting out while ether options are piling up for a first-quarter expiration.
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
Market Wrap: Bitcoin Closes 2020 Near Record Highs
Dec 31, 2020
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.