Algorand current market price is $0.236 with a 24 hour trading volume of $148.83M. The total available supply of Algorand is 8.69B ALGO with a maximum supply of 10.00B ALGO. It has secured Rank 58 in the cryptocurrency market with a marketcap of $2.05B. The ALGO price is 1.87% down in the last one hour.
The high price of the Algorand is $0.251 and low price is $0.236 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
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