Algorand

Algorand

algo Rank #82
Explorers: allo.info explorer.perawallet.app explorer.bitquery.io lora.algokit.io algo.surf algogazer.app

Market Data

Algorand Price
$0.08
Algorand 24h Change
+0.49%
Algorand 7d Change
-4.03%
Algorand Market Cap
$706.01M
Algorand 24h Volume
$18.01M
Algorand FDV
$706.01M
Algorand Circulating Supply
8,969,018,347
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
1,431
GitHub Forks
534
PRs Merged
3,972
Contributors
117
Commits (4 weeks)
33
Telegram Users
19,009
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Folks Finance Staked xALGO

Folks Finance Staked xALGO

xalgo
Learn more about Folks Finance Staked xALGO

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…