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Market Data
Algorand Price
$0.11
Algorand 24h Change
-6.03%
Algorand 7d Change
+1.90%
Algorand Market Cap
$971.32M
Algorand 24h Volume
$50.02M
Algorand FDV
$971.32M
Algorand Circulating Supply
8,922,940,385
Algorand All-Time High
$3.56
About Algorand
ALGO is the native utility and governance token of the Algorand blockchain, a scalable, secure, and decentralized smart contract platform founded by MIT cryptographer Silvio Micali. The network utilizes a unique Pure Proof-of-Stake (PPoS) consensus mechanism, which democratizes participation by requiring only a single ALGO token to secure the network and participate in block production. ALGO is used to pay for transaction fees, participate in governance, and secure the network through staking. The platform supports decentralized applications (dApps) and asset tokenization, offering native support for programming languages like Python to facilitate enterprise-grade financial services, digital identity solutions, and supply-chain tracking.
Developer & Community
GitHub Stars
1,426
GitHub Forks
529
PRs Merged
3,932
Contributors
115
Commits (4 weeks)
13
Telegram Users
19,497
Algorand Ecosystem CoinList Launchpad Coinbase 50 Index DWF Labs Portfolio GMCI Index GMCI Layer 1 Index Layer 1 (L1) Made in USA Multicoin Capital Portfolio Proof of Stake (PoS) Real World Assets (RWA) Smart Contract Platform governance utility-token
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xALGO is the primary liquid staking token on the Algorand blockchain, issued by Folks Finance. It represents staked ALGO…
gALGO (Governance ALGO) is a liquid staking token and wrapped version of ALGO minted by Folks Finance. It allows users t…