Algorand
$0.0846
-3.4%(24h)30d
Today
-3.4%
30 Days
-10.4%
Price Change (24h)
-$0.002986
BTC$43,500+2.50%
ETH$2,650+1.80%
USDT$1.00+0.00%
BNB$320-0.50%
XRP$0.5200-1.20%
SOL$95.00+3.20%BTC$43,500+2.50%ETH$2,650+1.80%USDT$1.00+0.00%BNB$320-0.50%XRP$0.5200-1.20%SOL$95.00+3.20%Today
-3.4%
30 Days
-10.4%
Price Change (24h)
-$0.002986
A self-sustaining, decentralized blockchain-based network, Algorand supports a diverse range of applications while maintaining critical properties of security, scalability, and efficiency for real-world use. The platform enables computations demanding reliable performance guarantees. mainnet launched in June 2019, processing almost 1 million transactions per day as of December 2020. The initial coin offering occurred in June 2019 at .24 per ALGO.
ALGO
0.85
Silvio Micali, an MIT computer science professor and Algorand's founder, received the Turing Award in 2012 for his foundational contributions to secure two-party computation, electronic cash, cryptocurrencies, and blockchain protocols—establishing him as one of cryptography's foremost creators.
Algorand was created to overcome the slow transaction speeds of Bitcoin and other blockchains while improving efficiency. The platform features lower transaction fees than competitors and eliminates energy-intensive mining through its permissionless pure proof-of-stake blockchain protocol.
Algorand blockchain genesis established a fixed supply of 10 billion ALGO tokens. The distribution timeline extends through 2030, an extension from the originally planned 2024 completion date.
The Algorand blockchain uses a permissionless pure proof-of-stake protocol where all validators know each other and only need to agree on the next block's creation. Unlike proof-of-work blockchains requiring computing power for root block validation, this approach ensures more efficient consensus.
ALGO trades on major exchanges including Coinbase, Binance, OKEx, Kraken, and Huobi. CoinMarketCap's converter feature provides live Algorand prices in your chosen fiat currency, with popular trading pairs including ALGO/USD, ALGO/GBP, ALGO/AUD, and ALGO/EUR available through the dedicated converter page.
Exchange data unavailable.
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