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Algorand (ALGO) $ 0.09349763 2.3%

Algorand (ALGO) to USD

Algorand statistics

Market Cap: $ 845 239 525
24h Volume: $ 36 828 560
Circulating supply: 9 040 224 345.89
Total supply: 10 000 000 000
Max supply: 10 000 000 000

Change 1h: 2.3
Change 24h: -3.31
Change 7d: 2.94
Change 1m: 13.15
Change 3m: 5.24
Change 6m: 2.41
Change 1y: -60.95

About Algorand

Algorand (ALGO) is a layer-1 blockchain protocol developed by Turing Award laureate Silvio Micali, using the unique Pure Proof-of-Stake (PPoS) consensus mechanism. This technology provides near-instant transaction confirmation, speeds of up to 6,000 TPS, and low fees while maintaining a high level of decentralization and security. The ALGO token serves as the lifeblood of the ecosystem: it is needed to pay network fees, participate in staking to earn rewards, and influence the platform’s future development through voting. Algorand is positioned as a reliable foundation for creating scalable and efficient decentralized applications.