ALGO
ALGO

Algorand price

$0.17310
+$0.00060000
(+0.34%)
Price change for the last 24 hours
USDUSD

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Algorand market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$1.49B
Circulating supply
8,636,828,328 ALGO
86.36% of
10,000,000,000 ALGO
Market cap ranking
29
Audits
CertiK
Last audit: Feb 9, 2023, (UTC+8)
24h high
$0.17630
24h low
$0.17210
All-time high
$3.7900
-95.44% (-$3.6169)
Last updated: Jun 21, 2019, (UTC+8)
All-time low
$0.081800
+111.61% (+$0.091300)
Last updated: Aug 18, 2023, (UTC+8)
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Share your sentiments here by giving a thumbs up if you’re feeling bullish about the coin or a thumbs down if you’re feeling bearish.
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Algorand Feed

The following content is sourced from .
Johnking🔆🍪
Johnking🔆🍪
SNAPS may not even earn 0.1, but still, it's a rewarding day. I started my first yapping at the terrifying Cookie DAO and I'm now the aging factory manager struggling with daily cookie production. Still, seeing my almost non-existent mind share increase and both SPAL and smart engagement gradually rising makes me really proud!!! I haven't earned anything from yapping yet! But I think of it as time invested in my mind share, and I will steadily work my way up! Many have closed their factory doors, but if there are any factory managers who want to operate a cookie factory like me, feel free to leave a comment and we can communicate 😍 @JoinSapien factory manager @OpenledgerHQ factory manager @recallnet factory manager @elympics_ai factory manager @vooi_io factory manager Everyone, let's do our best!! The cookie factory keeps running even on weekends! If anyone wants to start a cookie factory, please use the referral in my comment, and I will gladly provide consultation!
Johnking🔆🍪
Johnking🔆🍪
Handsome Cookie just got smarter @agentcookiefun , just got smarter! They’ve now evolved into an in-depth news agent covering not just AI agents, but the entire crypto space all powered by the @cookiedotfun DeepResearch system! CookieDAO seems to be rolling out exciting new services step by step. I hope we can use SNAPS Points more meanigfully 🙏 Shall we take a look at the current Snap campaigns and rewards available from the projects live on CookieDAO? @JoinSapien -Sapien is a decentralized data foundry that connects global human intelligence with enterprises to create high-quality AI training data - Total Reward Pool: 0.5% of Total Token Supply @OpenledgerHQ -OpenLedger is a project that integrates AI and blockchain to build an on-chain AI ecosystem -Total Reward Pool: $350K in total rewards Distribution at the end of each era @elympics_ai -Elympics is a next-generation Web3 gaming infrastructure that delivers Play2Win games based on popular IPs in a multi-chain environment -Total Reward Pool: $560K in $ELP @recallnet -Recall is a reputation protocol that enables trust-based discovery in the internet of agents by providing a credibly neutral infrastructure for performance-based reputation, discovery, and coordination -Total Reward Pool: 0.5% of Total Token Supply @vooi_io -Vooi, launched in May 2024, is a cross-chain perpetual DEX aggregator that simplifies leveraged trading through chain and account abstraction technology -1.25% of Total Token Supply Let’s keep the Cookie Factory running strong! 🍪
Show original
8.06K
11
Shiv ✍
Shiv ✍
Does Kaito's ALGO pick up the 'g' prefix while yapping? For example, if instead of Infinex I write gInfinex, or Anoma I write gAnoma is that still counted for mindshare?
5.77K
12
CryptoSlate
CryptoSlate
XRP Ledger posted the second-largest 30-day increase in tokenized real-world assets (RWA), adding 34.6% to reach $157.4 million, data from rwa.xyz shows.  Only Aptos outpaced that monthly growth, expanding nearly 57% to $539.3 million, while Ethereum maintained the lead by total value at $7.55 billion, with a 2.4% gain. Notably, the XRP Ledger is the 10th-largest blockchain by total tokenized RWA value, but it displays the third-smallest number of projects, with six initiatives. However, this number is set to rise following a recent partnership between Ripple and Brazilian crypto platform Mercado Bitcoin, which aims to tokenize $200 million using the XRP Ledger. Aptos and XRP Ledger headed the leaderboard by percentage growth. Algorand advanced 21.8% to reach $294.7 million, and Solana added 18.5% to hit $415.0 million.  Stellar was the only top-ten network to shrink, slipping 5.7% to $467.7 million. Ethereum and ZKsync Era, which account for more than three-quarters of the tracked value, recorded low single-digit moves. XRP Ledger’s share of the indexed market now stands at 1.2%. Inside XRP Ledger’s tokenization stack US Treasury debt comprises the largest slice of tokenized value on XRP Ledger at $90.1 million, or roughly 57% of the network’s RWA base. Public equity receipts follow at $55.4 million, with non-US sovereign debt and real-estate tokens contributing $11.9 million and $2.9 million, respectively. Archax anchors the ledger’s protocol table with $112.1 million across three instruments, equal to 55.6% of on-chain value, while Ondo holds $30.1 million. Furthermore, token volumes on XRP Ledger are set to widen. The Brazilian exchange Mercado Bitcoin announced on July 4 that it plans to tokenize more than $200 million in permissioned fixed-income and equity-income products on the blockchain.  According to Ripple, the effort ranks among the most extensive Latin American tokenization campaigns. It builds on Mercado Bitcoin’s record of issuing more than R$1 billion ($182 million) in on-chain private credit assets with zero defaults.  The exchange will utilize XRP Ledger’s native settlement layer to distribute the instruments across South America and Europe. Ripple noted that Mercado Bitcoin already uses Ripple Payments for cross-border treasury transfers between Brazil and Portugal and listed the RLUSD stablecoin on its venue earlier this year.  If completed in full, the new issuance would more than double the ledger’s current RWA capitalization and move the network higher in RWA.xyz’s rankings. The post XRP Ledger logs 34% in RWA monthly growth, eyes bigger boost from Mercado Bitcoin partnership appeared first on CryptoSlate.
26.54K
0
GLIF
GLIF
the Pools are multiplying this summer ☀️
14.34K
7
Paweł Łaskarzewski 🛫 Dubai, Token2049
Paweł Łaskarzewski 🛫 Dubai, Token2049
🚀 Incredible momentum for @Algorand as it takes a monumental leap forward with its new multichain integration, perfectly aligning with the cutting-edge blockchain trends we’re witnessing! The brilliance of this integration lies in its use of @Wormhole's NTT robust framework, connecting over 40 blockchains and supercharging Algorand's interoperability to unprecedented levels. This isn’t just an upgrade; it’s a game-changer that positions Algorand at the forefront of the multichain revolution! 💪 I couldn’t be prouder of my dear friend @BenedettoBio, the CEO of @FolksFinance, for steering this innovative collaboration with such skill and determination. His leadership is a driving force behind this breakthrough, and it’s clear he’s elevating the DeFi space to new heights! Together, Algorand, Folks Finance, and Wormhole are igniting a new era of cross-chain functionality that could skyrocket the ecosystem’s value and user base. This is a bullish signal for investors and developers alike – the future is bright, and Algorand is leading the charge!
Algorand Foundation
Algorand Foundation
Algorand is now natively multichain, through Wormhole NTT. ⚡️Powered by @wormhole. 🔨Built by @FolksFinance.
93.09K
340

Convert USD to ALGO

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Algorand price performance in USD

The current price of Algorand is $0.17310. Over the last 24 hours, Algorand has increased by +0.35%. It currently has a circulating supply of 8,636,828,328 ALGO and a maximum supply of 10,000,000,000 ALGO, giving it a fully diluted market cap of $1.49B. At present, Algorand holds the 29 position in market cap rankings. The Algorand/USD price is updated in real-time.
Today
+$0.00060000
+0.34%
7 days
-$0.00370
-2.10%
30 days
-$0.01540
-8.17%
3 months
+$0.010900
+6.72%

About Algorand (ALGO)

3.9/5
CyberScope
4.4
04/16/2025
TokenInsight
3.3
02/10/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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  • White Paper
  • Github
  • Block explorer
  • About third-party websites
    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

Algorand is a decentralized blockchain network that aims to solve the blockchain trilemma by providing a secure, scalable, and fully decentralized network. Furthermore, because the source code of the Algorand blockchain is entirely open source and permissionless, the network is designed to be accessible and provide an ideal environment for developers to deploy decentralized applications (DApps) rapidly.

The Algorand blockchain is secured by an innovative Pure-Proof-of-Stake (PPoS) consensus mechanism. This gives Algorand the necessary processing power to execute over 1,000 transactions per second. Moreover, the Algorand network benefits from low gas fees, making it user-friendly.

One of the unique benefits of Algorand over other blockchains is that ALGO holders can earn rewards without needing to stake their ALGO tokens due to its unique consensus mechanism. Instead, rewards are automatically distributed to holders via the chain's PPoS consensus model. Hence, many traders consider Algorand an excellent blockchain for the mass adoption of cryptocurrency.

ALGO is the utility and governance token of the Algorand blockchain. ALGO is required to pay gas fees when completing on-chain transactions and is used to vote on essential governance proposals regarding the development of the Algorand blockchain. In 2020, it was announced that the Marshallese sovereign (SOV), which could become the first state-backed digital currency to enter circulation, would be built using the Algorand protocol. SOV is a blockchain-based currency and the new legal tender of the Republic of the Marshall Islands. SOV could become the first state-backed digital currency to enter circulation and is being built using the Algorand protocol by SFB Technologies.

ALGO price and tokenomics

The current circulating supply of ALGO tokens is approximately 7.07 billion tokens. This represents roughly 70 percent of the total ALGO supply of 10 billion tokens. The Algorand Foundation holds the remaining ALGO tokens in secure wallets. The Foundation aims to enable an inclusive, borderless global economy through Algorand's blockchain technology.

1,757.26 million tokens are allocated to community and governance rewards, 1,176.05 million tokens are distributed to ecosystem support, and 363 million tokens are channeled towards foundation endowment. Seed and presale round investors could sell their ALGO token allocation back to the Algorand Foundation at 90 percent of the initial purchase price.

These tokens were then burnt by the team, effectively reducing the supply. This deflationary mechanic was intended to increase token scarcity and drive appreciation to Algorand's price. In June 2019, via a Dutch auction, Algorand raised over $60 million in the public sale of its native token ALGO. The company sold 25 million tokens in less than 4 hours.

About the founders

Algorand was founded by Silvio Micali, the co-inventor of probabilistic encryption, zero-knowledge proofs, verifiable random functions, and other protocols that heavily contribute to modern cryptography. In 2017, Micali founded Algorand, overseeing all research, including theory, security, and crypto finance. He also received the Turing Award for computer science, the Gödel Prize for theoretical computer science, and the RSA prize in cryptography.

Since 1983, Micali has been a faculty member at the Massachusetts Institute of Technology (MIT) in the electrical engineering and computer science department. His research interests include cryptography, zero knowledge, pseudorandom generation, secure protocols, mechanism design, and blockchain.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 3.3K new posts about Algorand, driven by 1.3K contributors, and total online engagement reached 435K social interactions. The sentiment score for Algorand currently stands at 82%. Compared to all cryptocurrencies, post volume for Algorand currently ranks at 2461. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Algorand.
Powered by LunarCrush
Posts
3,301
Contributors
1,285
Interactions
434,966
Sentiment
82%
Volume rank
#2461

X

Posts
3,274
Interactions
434,365
Sentiment
83%

Algorand FAQ

What is Algorand?

Algorand is a decentralized blockchain network capable of executing smart contracts. Algorand's low fees, rapid finality, and high transaction throughput have attracted interest from several nations looking for central bank digital currency (CBDC) solutions.

Should I purchase ALGO?

At OKX, we advise you to research any cryptocurrency before trading. Cryptocurrency is deemed a high-risk asset and prone to sharp price movements. Therefore, we ask that you only buy what you are willing to lose. Furthermore, like all cryptocurrencies, ALGO is volatile and carries risks. Therefore, before purchasing, you should do your own research (DYOR) and evaluate your risk appetite before proceeding.

How can I buy ALGO?

Easily buy ALGO tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ALGO/USDT and ALGO/USDC.

You can also buy ALGO with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ALGO with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ALGO, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is 1 Algorand worth today?
Currently, one Algorand is worth $0.17310. For answers and insight into Algorand's price action, you're in the right place. Explore the latest Algorand charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Algorand, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Algorand have been created as well.
Will the price of Algorand go up today?
Check out our Algorand price prediction page to forecast future prices and determine your price targets.

Monitor crypto prices on an exchange

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ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Algorand
Consensus Mechanism
The Algorand blockchain utilizes a consensus mechanism termed Pure Proof-of-Stake (PPoS). Consensus, in this context, describes the method by which blocks are selected and appended to the blockchain. Algorand employs a verifiable random function (VRF) to select leaders who propose blocks for each round. Upon block proposal, a pseudorandomly selected committee of voters is chosen to evaluate the proposal. If a supermajority of these votes are from honest participants, the block is certified. What makes this algorithm a Pure Proof of Stake is that users are chosen for committees based on the number of algos in their accounts. This system leverages random committee selection to maintain high performance and inclusivity within the network. The consensus process involves three stages: 1. Propose: A leader proposes a new block. 2. Soft Vote: A committee of voters assesses the proposed block. 3. Certify Vote: Another committee certifies the block if it meets the required honesty threshold.
Incentive Mechanisms and Applicable Fees
Algorand's consensus mechanism, Pure Proof-of-Stake (PPoS), relies on the participation of token holders (stakers) to ensure the network's security and integrity: 1. Participation Rewards: o Staking Rewards: Users who participate in the consensus protocol by staking their ALGO tokens earn rewards. These rewards are distributed periodically and are proportional to the amount of ALGO staked. This incentivizes users to hold and stake their tokens, contributing to network security and stability. o Node Participation Rewards: Validators, also known as participation nodes, are responsible for proposing and voting on blocks. These nodes receive additional rewards for their active role in maintaining the network. 2. Transaction Fees: o Flat Fee Model: Algorand employs a flat fee model for transactions, which ensures predictability and simplicity. The standard transaction fee on Algorand is very low (around 0.001 ALGO per transaction). These fees are paid by users to have their transactions processed and included in a block. o Fee Redistribution: Collected transaction fees are redistributed to participants in the network. This includes stakers and validators, further incentivizing their participation and ensuring continuous network operation. 3. Economic Security: o Token Locking: To participate in the consensus mechanism, users must lock up their ALGO tokens. This economic stake acts as a security deposit that can be slashed (forfeited) if the participant acts maliciously. The potential loss of staked tokens discourages dishonest behavior and helps maintain network integrity. Fees on the Algorand Blockchain 1. Transaction Fees: o Algorand uses a flat transaction fee model. The current standard fee is 0.001 ALGO per transaction. This fee is minimal compared to other blockchain networks, ensuring affordability and accessibility. 2. Smart Contract Execution Fees: o Fees for executing smart contracts on Algorand are also designed to be low. These fees are based on the computational resources required to execute the contract, ensuring that users are only charged for the actual resources they consume. 3. Asset Creation Fees: o Creating new assets (tokens) on the Algorand blockchain involves a small fee. This fee is necessary to prevent spam and ensure that only genuine assets are created and maintained on the network.
Beginning of the period to which the disclosure relates
2024-07-04
End of the period to which the disclosure relates
2025-07-04
Energy report
Energy consumption
420961.80000 (kWh/a)
Renewable energy consumption
26.538687083 (%)
Energy intensity
0.00002 (kWh)
Key energy sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal energy cost wrt. one more transaction. Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. “Share of electricity generated by renewables - Ember and Energy Institute” [dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved from https://ourworldindata.org/grapher/share-electricity-renewables.
Energy consumption sources and methodologies
For the calculation of energy consumptions, the so called 'bottom-up' approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Emissions report
Scope 1 DLT GHG emissions – Controlled
0.00000 (tCO2e/a)
Scope 2 DLT GHG emissions - Purchased
140.10159 (tCO2e/a)
GHG intensity
0.00001 (kgCO2e)
Key GHG sources and methodologies
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal emission wrt. one more transaction. Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. “Carbon intensity of electricity generation - Ember and Energy Institute” [dataset]. Ember, “Yearly Electricity Data Europe”; Ember, “Yearly Electricity Data”; Energy Institute, “Statistical Review of World Energy” [original data]. Retrieved from https://ourworldindata.org/grapher/carbon-intensity-electricity Licenced under CC BY 4.0.

Convert USD to ALGO

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Keep up with Algorand's price in a tap
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