AlgorandALGO
Algorand price today · ALGO/USD
- Market cap
- $752.19M
- 24h volume
- $18.22M
- Circulating supply
- —
- Max supply
- ∞
Algorand price chart
Technical analysis
Bearish leanBased on recent daily candles, Algorand’s short-term technical picture is leaning bearish: RSI is soft (40), MACD is above signal line, and price below the 50 & 200-day averages. This is an automated, informational read of past price action — not a prediction or investment advice.
Indicators are calculated automatically from recent daily price data and describe past performance only. They are informational and not investment advice.
What is Algorand (ALGO)?
Algorand is a proof-of-stake blockchain launched in 2019 by Silvio Micali, a Turing Award-winning cryptographer at MIT. It was designed to tackle the "trilemma" of being secure, decentralised and scalable at once, using a pure proof-of-stake system where the network randomly and secretly selects who proposes and validates each block.
A notable property is fast, final settlement: once a block is confirmed it cannot be reversed, with no waiting for later confirmations. Algorand has focused heavily on institutional and real-world uses such as tokenised assets, payments and central-bank digital-currency pilots. Its token, ALGO, pays fees and participates in securing the network.
Algorand competes with many other layer-1s for developers and adoption, and its research-led reputation has not always translated into ecosystem size. ALGO is volatile, and the figures on this page are for information only.
A handful of forces tend to move Algorand more than the rest: institutional and real-world asset adoption, ecosystem and developer growth, staking participation and wider altcoin sentiment. None of these predict where the price goes next; they just explain why it tends to move.
Algorand FAQ
What does "instant finality" mean on Algorand?
Once a block is confirmed on Algorand it is final and cannot be reversed, so there is no need to wait for additional confirmations before treating a transaction as settled.
What is the current price of Algorand?
About $0.08394 per ALGO at the time this page loaded. Because crypto trades 24/7, the ALGO price updates continuously, so refresh the page to see the latest figure and 24-hour change.
What drives the price of Algorand?
The main forces behind Algorand's price include institutional and real-world asset adoption, ecosystem and developer growth, staking participation and wider altcoin sentiment. These help explain why ALGO moves the way it does, but they are context rather than a forecast — no factor guarantees a direction.
Is Algorand a good investment?
TrendiView Research does not give investment advice. Algorand is a volatile crypto asset, meaning its price can rise or fall sharply and you could lose money. Use the live chart, market data and indicators here for research, and weigh your own risk tolerance before deciding anything.
How do I buy Algorand?
You can buy ALGO on most major crypto exchanges by creating an account, verifying your identity, depositing funds and placing an order. See our dedicated "How to buy Algorand" guide for a step-by-step walkthrough.
What are some quick facts about Algorand?
It was founded by Turing Award winner Silvio Micali. Blocks reach final settlement almost instantly. ALGO supply is capped at 10 billion.
When was Algorand launched?
Algorand launched in 2019, created by Silvio Micali. It is categorised as layer-1 smart-contract platform.
Where does TrendiView get its Algorand data?
Price, market-cap, supply and 24-hour figures on this page are drawn from CoinGecko market data and live exchange price feeds, and the editorial background is maintained by TrendiView Research. Numbers refresh regularly but can briefly lag fast-moving markets, and nothing here is financial advice.
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The information on this page — including the live Algorand (ALGO) price, market data and technical indicators — is provided for general information only and is not financial, investment or trading advice. Cryptocurrency is highly volatile and you could lose money. Always do your own research. Data is sourced from public feeds and may be delayed or occasionally inaccurate.