Algorand (ALGO) is a blockchain platform founded by MIT professor and Turing Award winner Silvio Micali. It uses a Pure Proof-of-Stake consensus that achieves instant finality, high throughput, and low transaction costs. Algorand is widely used for tokenized assets, CBDCs (Central Bank Digital Currencies), and enterprise applications. ALGO is used for fees, staking, and governance.

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Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.

Algorand price history

24H trading activity

Buyers77.8%

Sellers22.2%

24H price history

Low

$0.09

High

$0.10

Change

+1.32%

24h

+1.32%

+6.11%

30d

-19.27%

-44.96%

All-time highJune 20, 2019

$3.56-97.36%

All-time lowMarch 29, 2026

$0.08+17.31%

Algorand supply

Algorand token supply data. Circulating supply is the tokens available on the market, total supply includes all tokens created, and max supply is the limit that can ever exist.

Circulating8.93B ALGO

Total Supply8.93B ALGO

Max Supply10.00B ALGO

FDV$839.05M

Investors feel bullish on Algorand today.

78% bullish · 22% bearish

Buy ALGO

The bullish take on Algorand

78% of investors feel bullish on Algorand, indicating strong market confidence. ALGO is up 1.32% in the last 24 hours, showing positive short-term momentum. The weekly trend is positive with a 6.11% increase over the last 7 days.

The bearish take on Algorand

Algorand has lost 19.27% over the past month, indicating a prolonged bearish trend. ALGO is 97.4% below its all-time high, indicating a significant recovery still needed.

What can you do with ALGO on Nebeus?

Algorand is more than an investment. Use it across the Nebeus ecosystem.

Buy & Sell

Buy ALGO instantly with local currency

Earn Rewards

Earn daily rewards on your ALGO

Crypto Loans

Borrow against your ALGO as collateral

Insured Vaults

Store your ALGO in insured cold storage

Staking

Stake your ALGO and generate yield