Algorand Price, Live Chart & Market Cap

Algorand (ALGO): lightning-fast, carbon-negative layer-1 platform for DeFi, staking rewards and instant payments

Name: Algorand
Brand: Algorand
SKU: ALGO
Price: 0.19313 USD
Availability: InStock

Algorand at a Glance

Algorand offers a secure, green and lightning-fast layer-1 experience. Algorand’s Pure Proof-of-Stake finalizes blocks in seconds with negligible fees. Builders trust Algorand for defi, staking, payments and NFTs, while users enjoy stable yields through open governance.

Algorand: lightning-fast, eco-friendly crypto with real yield

Utility & Use Cases ALGO

Staking & Governance Rewards

Commit ALGO to quarterly governance to vote on proposals and earn competitive yield without locking coins permanently.

DeFi Liquidity & AMM Trading

AMMs like Tinyman and Pact use Algorand’s atomic transfers for low-slippage swaps, farming and lending.

NFT & Digital Collectibles

Creators mint carbon-neutral NFTs and global brands such as FIFA drop highlights on Algorand ASA standard.

Instant Payments & CBDCs

Sub-cent fees and 4-second finality make Algorand ideal for remittances and central bank digital currency pilots.

Algorand Technologies Overview

4-Second Finality

Transactions confirm in a single block, eliminating costly waiting and double-spend risk.

Fixed Low Fees

Every standard transfer costs just 0.001 ALGO, enabling micro-payments and high-volume apps.

Trustless Interoperability

State Proofs let Algorand share data across chains without intermediaries, unlocking cross-chain defi.

Carbon-Negative Operations

Built-in smart contracts retire carbon credits, making Algorand one of the most sustainable blockchains.

Post-Quantum Security

Falcon-based signatures future-proof bridges and tokens against emerging quantum threats.

Funding

Algorand secured $4 M seed funding in Feb 2018, $62 M Series A in Oct 2018, and $60 M during its June 2019 Dutch auction. Later ecosystem funds like the $300 M Viridis program were financed from treasury; no additional token sales are planned.

Roadmap

Q3 2024 – Consensus Incentives

Shift rewards on-chain so active participation nodes earn ALGO automatically.

Q4 2024 – Relay-Free Networking

Remove reliance on special relay nodes, moving the network to pure peer-to-peer gossip.

Q4 2024 – AlgoKit 2.0

Release full Python smart-contract tooling and one-click dev stack to speed up app launches.

2025+ – Dynamic Scaling

Introduce adaptive round times and higher TPS while exploring privacy add-ons and xGov treasury.

Algorand Security & Audit Reports

Algorand’s consensus and AVM were formally verified by Runtime Verification and audited by Trail of Bits. The layer-1 has never been breached; past wallet exploits were third-party issues. A live bug-bounty and post-quantum State Proofs strengthen long-term safety.

FAQ

How to stake ALGO for rewards?

Join the quarterly governance portal with your wallet, keep the committed ALGO for three months, vote, then claim yield.

How to set up an Algorand wallet?

Download Pera Wallet or a Ledger companion app, write down the 25-word phrase, fund the address and you are ready to send ALGO.

What makes Algorand different from other coins?

Pure Proof-of-Stake, instant finality, fixed low fees and a carbon-negative footprint set Algorand apart.

Is Algorand good for DeFi trading?

Yes. Low fees and atomic transfers power fast swaps on Tinyman, AlgoFi and Folks Finance.

Does Algorand support NFTs?

Absolutely. ASA standard lets anyone mint green NFTs; platforms like Rand Gallery handle marketplace functions.

Can I earn yield without running a node?

Yes, governance staking needs only a standard wallet and voting; rewards arrive automatically at period end.

Top Crypto Exchanges to Trade Algorand (ALGO)

#	Exchange	Pair	Price	24h Volume
1	Binance	ALGO/USDT	~$0.42	$82,929,001
2	Coinbase Exchange	ALGO/USD	~$0.42	$26,676,501
3	Bybit	ALGO/USDT	~$0.43	$22,548,300
4	Kraken	ALGO/USD	~$0.43	$8,691,552
5	KuCoin	ALGO/USDT	~$0.43	$10,694,939
6	P2B	ALGO/USDT	~$0.42	$8,850,572
7	DigiFinex	ALGO/USDT	~$0.43	$7,720,738
8	OKX	ALGO/USDT	~$0.43	$13,925,928
9	Gate.io	ALGO/USDT	~$0.43	$11,409,325
10	HTX	ALGO/USDT	~$0.43	$12,302,997
11	Bitget	ALGO/USDT	~$0.43	$17,502,907
12	MEXC	ALGO/USDT	~$0.42	$8,006,277
13	XT.COM	ALGO/USDT	~$0.43	$12,361,104
14	BTSE	ALGO/USDT	~$0.43	$5,427,978
15	Binance	ALGO/TRY	~$15.068	$1,724,167
16	Kraken	ALGO/EUR	~$0.41	$1,046,664
17	Coinbase Exchange	ALGO/EUR	~$0.41	$2,719,058
18	CoinW	ALGO/USDT	~$0.42	$4,157,008
19	Bitvavo	ALGO/EUR	~$0.4	$2,780,236
20	Coinbase Exchange	ALGO/GBP	~$0.35	$792,645
21	BYDFi	ALGO/USDT	~$0.42	$1,746,477
22	LATOKEN	ALGO/USDT	~$0.42	$856,036
23	LBank	ALGO/USDT	~$0.42	$3,522,113
24	Kraken	ALGO/USDT	~$0.43	$631,410
25	DeGate	0XE31CFCD3.../0XA0B86991...	~$0.42	$269,630
26	Bittime	ALGO/IDR	~$6,934	$433,141
27	Dex-Trade	ALGO/USDT	~$0.42	$1,996,712
28	WhiteBIT	ALGO/BTC	~$0.0000041	$675,099
29	Coinstore	ALGO/USDT	~$0.43	$3,080,089
30	BitDelta	ALGO/USDT	~$0.42	$338,072
31	BVOX	ALGO/USDT	~$0.41	$738,317
32	BigONE	ALGO/USDT	~$0.42	$2,790,322
33	EXMO	ALGO/USDT	~$0.42	$1,283,199
34	Phemex	ALGO/USDT	~$0.42	$879,883
35	OKX	ALGO/USDC	~$0.43	$277,023
36	CoinEx	ALGO/USDT	~$0.42	$1,114,488
37	Trubit	ALGO/USDT	~$0.42	$764,013
38	KuCoin	ALGO/USDC	~$0.42	$77,241
39	Kraken	ALGO/ETH	~$0.00013	$352,860
40	BitMart	ALGO/USDT	~$0.42	$481,009
41	Kraken	ALGO/GBP	~$0.34	$172,463
42	Bitkub	ALGO/THB	~$14.52	$219,339
43	Hibt	ALGO/USDT	~$0.42	$157,549
44	LATOKEN	ALGO/BTC	~$0.0000041	$126,319
45	Nonkyc.io	ALGO/USDT	~$0.42	$164,942
46	Coinbase Exchange	ALGO/BTC	~$0.0000041	$122,208
47	BitMart	ALGO/USDC	~$0.42	$179,032
48	Binance US	ALGO/USDT	~$0.43	$111,649
49	EXMO	ALGO/BTC	~$0.0000041	$70,644
50	Tinyman	GOBTC/ALGO	~$247,002.9	$57,375
51	Tinyman	OPUL/ALGO	~$0.16	$53,815
52	Bitci TR	ALGO/TRY	~$14.93	$105,787
53	zondacrypto	ALGO/PLN	~$1.72	$37,319
54	Tinyman	GORA/ALGO	~$0.17	$31,766
55	Kanga	ALGO/USDT	~$0.42	$44,018
56	KuCoin	ALGO/ETH	~$0.00013	$30,671
57	KuCoin	ALGO/BTC	~$0.0000041	$26,796
58	KuCoin	ALGO/KCS	~$0.038	$7,495.49
59	Tinyman	FRY/ALGO	~$1.34	$13,301
60	Tinyman	ORA/ALGO	~$0.6	$12,002.42
61	Tinyman	GOETH/ALGO	~$7,832.3	$9,802.1
62	CoinEx	ALGO/USDC	~$0.42	$15,484.52
63	Tinyman	BUY/ALGO	~$0.056	$4,960.71
64	Tinyman	OPUL/ALGO	~$0.16	$574.9
65	Energiswap	0X0883E6C6.../0XA55F2631...	~$8	$236.8
66	BTCC	ALGO/USDT	~$0.42	$12,694,244
67	Toobit	ALGO/USDT	~$0.42	$1,180,522
68	BingX	ALGO/USDT	~$0.43	$950,796
69	Pionex	ALGO/USDT	~$0.42	$670,105
70	FMFW.io	ALGO/USDT	~$0.43	$930,963
71	HitBTC	ALGO/USDT	~$0.42	$951,517
72	Bitrue	ALGO/USDT	~$0.42	$27,201,370
73	TokoCrypto	ALGO/USDT	~$0.42	$54,198
74	Crypto.com Exchange	ALGO/USD	~$0.42	$1,765,691
75	Binance	ALGO/BTC	~$0.0000041	$2,518,435
76	Koinpark	ALGO/INR	~$36.17	$533,224
77	CEX.IO	ALGO/USDT	~$0.42	$9,561.44
78	Bit2Me	ALGO/EUR	~$0.41	$1,078,108
79	Crypto.com Exchange	ALGO/USDT	~$0.42	$851,194
80	Bit2Me	ALGO/USDT	~$0.42	$667,782
81	HitBTC	ALGO/BTC	~$0.0000041	$353,173
82	WEEX	ALGO/USDT	~$0.42	$96,423
83	FMFW.io	ALGO/BTC	~$0.0000041	$346,907
84	CEX.IO	ALGO/USD	~$0.42	$23,649
85	Icrypex	ALGO/USDT	~$0.42	$1,162,846
86	Bitrue	ALGO/XRP	~$0.14	$3,408,398
87	Koinpark	ALGO/USDT	~$0.42	$398,891
88	Hotcoin	ALGO/USDT	~$0.42	$3,080,989
89	Bit2Me	ALGO/USDC	~$0.42	$270,910
90	Bitfinex	ALG/USD	~$0.42	$272,243
91	Coinmetro	ALGO/USDT	~$0.42	$2,126.41
92	WOO X	ALGO/USDT	~$0.42	$69,995
93	WEEX	ALGO/USDC	~$0.42	$18,578.43
94	FMFW.io	ALGO/ETH	~$0.00013	$1,181.6
95	FMFW.io	ALGO/USDC	~$0.42	$1,281.32
96	BloFin	ALGO/USDT	~$0.43	$102,721
97	TokoCrypto	ALGO/BTC	~$0.0000041	$20.47
98	Kraken	ALGO/XBT	~$0.0000042	$122,509
99	Bitazza	ALGO/USDT	~$0.42	$294,764
100	AscendEX (BitMax)	ALGO/USDT	~$0.43	$662,793