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Algorand PriceALGO

USD

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$0.1873USD

+3.52%1D

The Algorand (ALGO) price in is $0.1873 USD as of 09:10 (UTC) today.

Algorand (ALGO) has been listed in the Innovation and Layer1 Zone. You can quickly sell or buy ALGO. Spot Trading Link: ALGO/USDT.

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Price Chart

Algorand price USD live chart (ALGO/USD)

Last updated as of 2025-07-01 09:10:51（UTC+0）

Live Algorand Price Today in USD

The live Algorand price today is $0.1873 USD, with a current market cap of $1.62B. The Algorand price is up by 3.52% in the last 24 hours, and the 24-hour trading volume is $105.84M. The ALGO/USD (Algorand to USD) conversion rate is updated in real time.

How much is 1 Algorand worth in ？

As of now, the Algorand (ALGO) price in is valued at $0.1873 USD. You can buy 1ALGO for $0.1873 now, you can buy 53.39 ALGO for $10 now. In the last 24 hours, the highest ALGO to USD price is $0.1918 USD, and the lowest ALGO to USD price is $0.1771 USD.

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Voting data updates every 24 hours. It reflects community predictions on Algorand's price trend and should not be considered investment advice.

Algorand Market Info

Price performance (24H)

24H

24H low $0.1824H high $0.19

All-time high:

$3.28

Price change (24H):

+3.52%

Price change (7D):

+4.68%

Price change (1Y):

+26.58%

Market ranking:

#47

Market cap:

$1,617,517,740.36

Fully diluted market cap:

$1,617,517,740.36

Volume (24h):

$105,837,112.75

Circulating supply:

8.64B ALGO

Max supply:

About Algorand (ALGO)

What Is Algorand?

Algorand is a decentralized network that was designed to address the Blockchain Trilemma, which encompasses the challenges of achieving speed, security, and decentralization simultaneously. Founded by the computer scientist and MIT professor Silvio Micali in 2019, Algorand is an open-source blockchain platform that anyone can build upon. It stands out for its impressive capability to process over 1,000 transactions per second (TPS) and achieve transaction finality in less than five seconds. This rapidity is combined with a strong emphasis on security and decentralization.

The platform uses a Proof-of-Stake (PoS) consensus mechanism and distributes validator rewards to all holders of its native ALGO cryptocurrency. This approach ensures both high throughput and equitable community incentivization, making Algorand suitable for a wide range of global applications.

Algorand's architecture is unique, featuring a two-tiered blockchain structure. The base layer, Layer 1, supports smart contracts, asset creation, and atomic swaps between assets. This layer ensures security and compatibility. The second layer, Layer 2, is reserved for more intricate smart contracts and decentralized application (dApp) development. This bifurcation allows Algorand to process transactions efficiently, with simple transactions being processed swiftly on Layer 1 without interference from more complex smart contracts

Resources

Official Whitepaper: https://algorand.com/technology/white-papers

Official Website: https://algorand.com/

How Does Algorand Work?

Algorand operates on the Proof of Stake mechanism, termed Pure Proof of Stake (PPoS). This consensus mechanism is highly democratized, requiring only one ALGO coin to participate, making it accessible to a broad range of users. In the PPoS system, validator nodes are chosen randomly to confirm transaction data in a block.

This process involves two phases: proposing and voting. Any member of the Algorand network can partake in these phases by staking ALGO and generating a valid participation key. The proposal phase involves the selection of a block leader to propose the current block. This leader is chosen through Algorand's verifiable random function (VRF), a mechanism that selects nodes in a provably random manner. Following the proposal, the voting phase begins, where Participation Nodes are elected to a committee responsible for ensuring the integrity of the current block. If the block is approved, it's added to the blockchain; if not, the network enters recovery mode.

What Is The ALGO Token?

ALGO is Algorand's native cryptocurrency. The total supply of ALGO is capped at 10 billion coins. The current circulating supply of ALGO is 7.8 billion. It plays a pivotal role in the network's structure. Unlike many other platforms where only block producers receive rewards, in Algorand, rewards are distributed among all ALGO coin holders. This inclusive approach means that all ALGO coin holders can earn an annual percentage yield (APY). Users don't need to actively stake the coin for block production; merely holding ALGO in a non-custodial wallet or on an exchange allows them to access earned rewards.

Algorand's Impact on Finance

Algorand is making significant strides in the financial sector, particularly in the realm of decentralized finance (DeFi). The platform's efficiency, security, and scalability make it an attractive choice for dApp developers and DeFi traders, especially those seeking alternatives to Ethereum due to its rising gas fees. Additionally, Algorand's capability to host other cryptocurrencies and blockchain-based projects positions it as a direct competitor to Ethereum.

The Algorand Standard Asset (ASA) protocol allows developers to create new tokens or transfer existing ones to the Algorand ecosystem. Notably, stablecoins like USDT and USDC exist as ASAs on Algorand, benefiting from higher throughput and lower transaction fees than on Ethereum. Furthermore, as central banks explore networks for their central bank digital currencies (CBDCs), Algorand emerges as a top contender, with the Marshall Islands already selecting it to host their CBDC.

What Determines Algorand's Price

In the dynamic world of cryptocurrencies, the Algorand price has become a focal point of discussion among investors and crypto enthusiasts. Many are constantly seeking updates on the ALGO price today, which seems to be influenced by a myriad of factors, including its unique blockchain platform renowned for scalability and speed.

Various platforms offer Algorand price predictions, focusing on its Pure Proof of Stake (PPoS) consensus mechanism, a major attraction for large institutions and companies. They utilize Algorand's infrastructure layer to address real-world issues requiring scale, speed, and cost efficiency. Furthermore, the ALGO crypto price is significantly impacted by the initiatives and developments spearheaded by the Algorand Foundation. This non-profit entity nurtures the Algorand ecosystem through vibrant community engagement, innovative research, and governance initiatives.

Investors keeping a close eye on the Algorand ALGO price live must note that the ALGO coin price is inherently tied to its utility within the network. The current Algorand price may fluctuate based on transaction fees on the network, which stood remarkably low at 0.001 ALGO as of October 2022. The ALGO USD price also tends to respond to participation in the Governance Program, where ALGO can be staked for voting on significant proposals concerning the protocol's future, offering enticing rewards to participants. These aspects, coupled with community engagement, have the potential to elevate the Algorand coin price, as evidenced in various Algorand price charts.

Analyzing the Algorand price history, it's clear that the platform has progressed significantly since its 2017 inception by Professor Silvio Micali. The ALGO market cap has steadily increased, showcasing a network capable of processing up to 6,000 transactions per second. This makes it a formidable competitor against first and second-generation blockchains like Bitcoin and Ethereum. Those conducting ALGO price analyses frequently spotlight the technological advancements and growing adoption of the Algorand blockchain in sectors such as financial services, decentralized finance (DeFi), and fintech.

Looking ahead, the latest news on Algorand paints a promising trajectory for the cryptocurrency. The forecast for Algorand price is bolstered by its green blockchain initiative, where it has considerably offset carbon emissions since April 2021. Furthermore, predictions for the Algorand price in 2023 hinge on ongoing projects in the ecosystem, with a spotlight on decentralized finance sectors like lending and trading. Keeping a tab on real-time ALGO price movements and scrutinizing the ALGO price graph can offer insights into potential growth trajectories. As the ALGO cryptocurrency price reacts to internal ecosystem developments and broader market trends, investors are keenly observing to see if the upward trend in Algorand's token price will persist, reflecting its robust foundation and bright future.

AI analysis report on Algorand

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Today's Algorand price performance summaryView report

Algorand project analysis reportView report

Algorand Price History (USD)

The price of Algorand is +26.58% over the last year. The highest price of ALGO in USD in the last year was $0.6028 and the lowest price of ALGO in USD in the last year was $0.09505.

TimePrice change (%)

Lowest price

Highest price

24h+3.52%$0.1771$0.1918

7d+4.68%$0.1694$0.1918

30d-3.27%$0.1527$0.2088

90d+0.20%$0.1478$0.2584

1y+26.58%$0.09505$0.6028

All-time-22.15%$0.08761(2023-09-11, 1 years ago )$3.28(2019-06-21, 6 years ago )

Algorand price historical data (all time).

What is the highest price of Algorand?

The ALGO all-time high (ATH) USD was $3.28 , recorded on 2019-06-21. Compared to the Algorand ATH, the Algorand current price is down by 94.29%.

What is the lowest price of Algorand?

The ALGO all-time low (ATL) USD was $0.08761 , recorded on 2023-09-11. Compared to the Algorand ATL, the Algorand current price is up by 113.79%.

Algorand Price Prediction

When is a good time to buy ALGO? Should I buy or sell ALGO now?

When deciding whether to buy or sell ALGO, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget ALGO technical analysis can provide you with a reference for trading.

According to the ALGO 4h technical analysis, the trading signal is Strong buy.

According to the ALGO 1d technical analysis, the trading signal is Buy.

According to the ALGO 1w technical analysis, the trading signal is Sell.

What will the price of ALGO be in 2026?

Based on ALGO's historical price performance prediction model, the price of ALGO is projected to reach $0.1886 in 2026.

What will the price of ALGO be in 2031?

In 2031, the ALGO price is expected to change by -4.00%. By the end of 2031, the ALGO price is projected to reach $0.2274, with a cumulative ROI of +21.75%.

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Global Algorand Prices

How much is Algorand worth right now in other currencies? Last updated: 2025-07-01 09:10:51（UTC+0）

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FAQ

What factors are currently influencing Algorand's price?

Algorand's price is influenced by market trends, adoption of its technology, partnerships, and overall sentiment in the cryptocurrency market.

What is the current price of Algorand and is it expected to rise?

The current price of Algorand can be checked on platforms like Bitget Exchange. Price projections vary based on market conditions and expert analyses.

How does Algorand's price compare to other cryptocurrencies?

Algorand's price can be compared to other cryptocurrencies on Bitget Exchange to gauge its performance against market leaders like Bitcoin and Ethereum.

What is the all-time high price for Algorand?

The all-time high price for Algorand was around $3.56, reached in June 2019. Current price information can be checked on Bitget Exchange.

Is Algorand a good investment based on its price history?

Investing in Algorand should be based on its price history, market trends, and your individual risk tolerance. Use tools on Bitget Exchange to analyze its historical performance.

What do analysts predict for Algorand's future price?

Analysts have varying predictions based on technical and fundamental analysis. Insights can be found through market analysis tools available on Bitget Exchange.

How can I buy Algorand at the best price?

To buy Algorand at the best price, track its price movement on Bitget Exchange and consider placing limit orders during favorable market conditions.

Why did Algorand's price drop recently?

Price drops can be attributed to broader market corrections, negative news, or competition. Specific reasons can often be found by researching news sources or market analyses related to Algorand.

What role does Algorand play in the DeFi space and how does this affect its price?

Algorand's scalability and low transaction costs make it attractive for DeFi applications, which can positively influence its price as demand for these services increases.

How can I track Algorand's price in real-time?

You can track Algorand's price in real-time by using price trackers or directly on Bitget Exchange for up-to-date pricing information.

Is Algorand (ALGO) a good investment?

Algorand (ALGO) ranks prominently among the leading 50 cryptocurrencies by market cap as of August 2023, positioning it as a notable investment contender. Here's why ALGO could be a key addition to your investment portfolio: Esteemed Development Team Led by the acclaimed Professor Silvio Micali, a Turing Award recipient, Algorand boasts a team with unparalleled expertise in computer science. Their solid foundation in innovation and research lends credibility to the Algorand project. Eco-friendly and Efficient Algorand's unique Proof-of-Stake (PoS) blockchain emphasizes efficient transaction processing. Renowned for being one of the most environmentally-conscious blockchains worldwide, Algorand ensures dependable, green performance. Seamless Integration with Ethereum The Algorand Virtual Machine (AVM) offers interoperability with Ethereum, a crucial feature enticing dApp developers. By providing an economical and scalable platform for new projects, the expanding Algorand ecosystem positions ALGO as a promising investment. Rising in the Web3 Era Beyond its prowess in DeFi and NFTs, Algorand is poised to shine in the web 3.0 landscape. As web3 applications continue to proliferate on its blockchain, the demand and potential value surge for Algorand can be anticipated.

Where will ALGO price go?

Algorand's (ALGO) potential in the crypto market is underscored by key factors: Ethereum Compatibility and DeFi Boom: ALGO's alignment with Ethereum and the burgeoning DeFi sector positions it favorably. Ethereum's network issues further spotlight Algorand as a viable alternative for developers. Notable Gains: In 2021, ALGO boasted a staggering 250% ROI, marking its place among top-performing cryptocurrencies. This growth was fueled by rising demand for DeFi and Algorand-based dApps. Prospective Upswing: ALGO's future value hinges on sustained tech adoption and overall crypto market sentiment. While its historical performance is commendable, investors should practice due diligence, consider market trends, and gauge risk when investing in ALGO or other digital assets.This makes algo an interesting choice for an investment

What is ALGO Token used for?

Algorand's (ALGO) ecosystem boasts a multifaceted utility: Utility Token of Algorand ALGO serves as the primary currency for transaction fees within Algorand's diverse applications. By staking ALGO, holders participate in the consensus process, bolstering the network's robustness. In return, they gain passive earnings from block creation transaction fees. Invest in ALGO Algorand's compatibility with Ethereum boosts its appeal. As developers and users increasingly embrace the platform, the upward movement in ALGO's price solidifies it as an investment-worthy asset. Generate Steady Earnings Multiple avenues exist for ALGO holders to earn passively. Beyond Algorand blockchain staking, investors can stake on DeFi platforms and exchanges. Lending ALGO on platforms like KuCoin also offers lucrative returns, propelling portfolio growth.

How to stake ALGO on Algorand network

Earning passive income through ALGO staking on the Algorand network is both beneficial and supportive of the blockchain. Here's a step-by-step guide to stake your $ALGO: Get an ALGO-compatible wallet. Some popular choices are Pera Wallet, Atomic Wallet, and Ledger Wallet. Procure ALGO on platforms like KuCoin, then transfer to your wallet. Navigate to the Algorand governance platform, typically located in the staking or governance section of your wallet. Look for the delegate ALGO option within this portal and click on it. A list of validators will appear. These entities ensure the network's security. Note that rewards may differ based on your validator selection. Finalize your delegation and authenticate the transaction using your wallet.

How much can you make from staking ALGO?

The current estimated reward rate of Algorand is 6.86%. This means that, on average, stakers of Algorand are earning about 6.86% if they hold an asset for 365 days.

How often are ALGO rewards distributed?

The Algorand Governance initiative operates in three-month cycles, comprising a registration stage, a balloting phase, and a reward distribution period. ALGO incentives are dispensed within the initial week following the cycle's conclusion

What is the current price of Algorand?

The live price of Algorand is $0.19 per (ALGO/USD) with a current market cap of $1,617,517,740.36 USD. Algorand's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Algorand's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Algorand?

Over the last 24 hours, the trading volume of Algorand is $105.84M.

What is the all-time high of Algorand?

The all-time high of Algorand is $3.28. This all-time high is highest price for Algorand since it was launched.

Can I buy Algorand on Bitget?

Yes, Algorand is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy algorand guide.

Can I get a steady income from investing in Algorand?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Algorand with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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ALGO/USD price calculator

ALGO

USD

1 ALGO = 0.1873 USD. The current price of converting 1 Algorand (ALGO) to USD is 0.1873. Rate is for reference only. Updated just now.

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Algorand ratings

4.6

101 ratings

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TheNewsCrypto

CRYPTO REPORT OF THE DAY: Here are the Top 3 Gainers🟢 1️⃣ #BitcoinCash ( $BCH ) 🔼4.19% 🏷$521.29 2️⃣ #Algorand ( $ALGO ) 🔼2.2% 🏷$0.1865 3️⃣ #Four ( $FORM ) 🔼1.85% 🏷$2.94

BCH+3.20%

ALGO+1.40%

Inspector Defi 🔎

RT @52kskew: $BTC Update: Starting to think this algo is probably from a notable desk or firm Part of yesterdays move higher into $108K +…

BTC-0.35%

ALGO+1.40%

0xShunya

RT @swisstrader09: $ALGO perfect S/R retest followed by good bounce if it can hold the box, it can go way higher if ETH plays along https:…

ETH-1.07%

ALGO+1.40%

klöss 🪬

Additional logic/reasoning: 1. Following low-quality/inactive accounts signals to the algo you engage with low-quality circles, lowering your home feed quality and hurting your engagement speed and signal boosting. It may also suggest spammy behavior if follow ratios are

The projects I’ve seen being mentioned more today, either on my timeline or tagged in are: @GOATRollup - Being tagged in a lot of these posts? 🤷‍♂️ @HanaNetwork - Seeing a lot in general probably due to me posting regularly about them so algo pushing 👊 @theblessnetwork - Seems

ALGO+1.40%

ME-1.27%

Algorand technical analysis

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