The live price of Algorand is $0.1758, with a total trading volume of $515,678 in the last 24 hours. Algorand's price has changed by -5.53% in the past day, while showing a +1.38% increase in USD value over the last week. With a circulating supply of 8.64B ALGO tokens, Algorand currently holds a market capitalization of $1.52B USD, ranking #37 among cryptocurrencies.
Key Resources for Algorand
Official Platforms
- Foundation Website: algorand.foundation
- Technology Portal: algorandtechnologies.com
Developer Resources
- Developer Documentation: developer.algorand.org
Blockchain Explorers
- allo.info
- explorer.perawallet.app
- lora.algokit.io
- explorer.bitquery.io/algorand
Price Performance Overview
| Period | Price Change | Percentage Change |
|---|---|---|
| Today | $-0.0107 | -5.69% |
| Last 7 Days | $+0.0033 | +1.91% |
| Last 30 Days | $-0.0237 | -11.81% |
| Last 3 Months | $-0.0375 | -17.50% |
👉 Track real-time ALGO price movements
Exchange Rates (1 ALGO)
- USD: $0.1758
- EUR: €0.1493
- AUD: $0.2680
- KRW: ₩239.7
- JPY: ¥25.37
- GBP: £0.1288
- INR: ₨15.03
- IDR: Rp2,847.65
- CAD: $0.2389
- RUB: ₽13.87
Investment Considerations
The Algorand ecosystem offers several compelling features for investors:
- Advanced pure proof-of-stake consensus mechanism
- Low transaction costs with high security
- Scalable blockchain with fast transaction speeds
- Growing focus on DeFi, CBDCs, and NFT applications
- Community-driven governance model
Frequently Asked Questions
What factors influence Algorand's price?
Algorand's price depends on:
- Overall cryptocurrency market sentiment
- Technological developments in the Algorand platform
- New partnerships and adoption rates
- General crypto market trends
- Token supply dynamics
- Competitive landscape among blockchain platforms
How can I stake ALGO tokens?
Staking ALGO involves:
- Choosing a supported wallet (Pera Wallet recommended)
- Transferring ALGO to your wallet
- Connecting to Algorand Governance website
- Committing your ALGO amount
- Completing zero-transaction verification
- Participating in governance votes
👉 Learn more about staking rewards
What's the best way to store ALGO?
You can store ALGO securely using:
- KuCoin's custodial wallet
- Pera Wallet (official Algorand wallet)
- Hardware wallets like Ledger
- Other self-custody solutions
What are Algorand's historical price extremes?
- All-time high: $3.2800 (94.64% below current price)
- All-time low: $0.0876 (100.66% above current price)
How can I convert ALGO to cash?
Conversion steps:
- Sell ALGO for USDT on spot markets
- Exchange USDT for local currency via P2P services
- Alternatively, use direct crypto-fiat pairs where available