- Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network".
- Algorand is built by a team with deep roots in academic theory and science, led by Turing award winner Silvio Micali, who has dedicated his career to pioneering research in the field of cryptography.
- Algorand competes with large payment and financial networks and focuses on industrial use-cases. One of the more notable use-cases involved the Marshall Island's plans to issue Central Bank Digital Currency.
- Furthermore, Algorand offers highly-customizable smart contracts (ASCs), Asset Tokenization (Algorand Standard Assets), and Atomic Transfers built directly in Layer-1.
- ALGO is the native asset of the Algorand Protocol and serves as the medium of exchange and store of value. ALGO must further be staked by network validators.
Ranking | 37/40 | |
ALGO Price | $1.45 | |
Price Change 24h | $0.04068 | |
24h Low / 24h High | $1.36 / $1.49 | |
24 Hour Trading Vol | $524,161,192.49 | |
Market Cap | $3,775,164,144.96 | |
Max Supply | 10,000,000,000 | |
Circulating Supply | 2,622,221,287 | |
Theta Price History | ||
7d Low / 7d High | $1.25 / $1.49 | |
30d Low / 30d High | $0.9881 / $1.49 | |
90d Low / 90d High | $0.3748 / $1.82 | |
52 Week Low / 52 Week High | $0.1659 / $1.82 | |
All Time High | $3.28 | |
Website | https://www.algorand.com/ | |
About ALGO | ||
Technical Analysis | ALGO/USDT | |