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Market data as of 43 min. ago

Algorand

ALGO · Market cap rank 62

$0.1113▲ +1.0%

Price history

Last three years · Low $0.0787 · High $0.4524▲ +0.4%

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Key figures

Market cap
$1.01B
Fully diluted
$1.11B
24h volume
$72.3M
Circulating supply
9,072,818,626 ALGO
Total supply
10,000,000,000 ALGO
Max supply
10,000,000,000 ALGO
FDV to market cap
1.10×

Above 1 means supply is still being issued

Supply issued
90.7 %

Circulating share of the maximum

Listed since
Jun 20, 2019

Change

1h
▲ +0.1%
24h
▲ +1.0%
7d
▼ −14.8%
30d
▲ +14.6%

How this coin behaves

Measured from 1200 days of daily closes. These describe what the price has done, not what it will do.

30-day volatility
0.9 %

Standard deviation of daily moves, annualised

Typical day
2.3 %

Median daily move over 90 days

Days closing higher
44 %

Over the last 365 days

Best day
▲ +15.4%

Apr 3, 2026

Worst day
▼ −14.1%

Feb 5, 2026

Deepest drawdown
▼ −84.8%

Dec 7, 2024 to Jul 29, 2026

Below its high
▼ −78.0%

High of $0.5097 on Dec 7, 2024

Correlation with BTC
0.51

Daily moves over 90 days, −1 to +1

Base rates and derivatives positioning

How often this coin has actually managed a move of a given size in 30 days, and how the perpetual market is positioned right now.

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Base rates turn a price target into a frequency: how often a move that size has happened before.

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Where it came from

Silvio Micali is an MIT professor and a Turing Award laureate for foundational work in cryptography. He founded Algorand in 2017 to build a chain around a specific claim: that a properly designed protocol need not choose between decentralisation, security and speed. The mainnet launched in 2019.

What it does

Algorand uses a pure proof-of-stake design in which a committee is drawn secretly and at random for each block, so there is nothing to attack in advance. Blocks are final immediately; the chain never forks, which removes the confirmation waiting period entirely.

What moves the price

  • The foundation's release schedule, which governs how much of the fixed ten billion supply reaches the market and has been revised more than once.
  • Government and central bank pilots, which the project pursued early and which are its most distinctive adoption channel.
  • Changes to staking and governance rewards, which are set by policy rather than by a fixed protocol rule.
  • Protocol upgrades, which activate without a hard fork because the design has no forks to coordinate.

A description of how this asset works, not advice about holding it. Figures above update with the market data; this text is reviewed by hand. Reviewed Sep 3, 2026

About Algorand

Algorand (ALGO) is a cryptocurrency launched in 2019. Algorand has a current supply of 10,000,000,000 with 9,071,901,097.185222 in circulation. The last known price of Algorand is 0.11531698 USD and is down -4.80 over the last 24 hours. It is currently trading on 585 active market(s) with $87,587,050.90 traded over the last 24 hours. More information can be found at http://algorand.foundation.

Links

Prediction markets on Algorand

Open prediction markets whose question turns on Algorand. Prices update with the rest of the site.

No open prediction market mentions this coin right now. That is a statement about the market, not about the coin.

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AI scan

What is moving the Algorand price right now — researched with sources, not a price target.

Every scan uses one of your research credits.

Common questions

What is Algorand (ALGO)?

Silvio Micali is an MIT professor and a Turing Award laureate for foundational work in cryptography. He founded Algorand in 2017 to build a chain around a specific claim: that a properly designed protocol need not choose between decentralisation, security and speed. The mainnet launched in 2019. Algorand uses a pure proof-of-stake design in which a committee is drawn secretly and at random for each block, so there is nothing to attack in advance. Blocks are final immediately; the chain never forks, which removes the confirmation waiting period entirely.

How volatile is Algorand?

Over the last 30 days, Algorand has an annualised volatility of 0.9 %. The median daily move across the last 90 days is 2.3 %. Both describe what the price has done, not what it will do.

What is the biggest drawdown Algorand has had?

Across the daily closes on file, the deepest peak-to-trough fall is 85 %, from 2024-12-07 to 2026-07-29. The highest close in that window is $0.5097 on 2024-12-07.

What moves the Algorand price?

The foundation's release schedule, which governs how much of the fixed ten billion supply reaches the market and has been revised more than once. Government and central bank pilots, which the project pursued early and which are its most distinctive adoption channel. Changes to staking and governance rewards, which are set by policy rather than by a fixed protocol rule. Protocol upgrades, which activate without a hard fork because the design has no forks to coordinate.

What is the market cap of Algorand?

Algorand has a market capitalisation of $1.0 billion, ranking 62nd by market cap. The figure updates with the market data on this page.

Other coins in Layer 1 blockchains

Each of these has its own page with the same figures and history.

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