Algorand (ALGO) is currently trading at 0.1731 USD with a market cap of 1.49B USD. ALGO to USD price is updated in real-time.
Algorand Key Market Performance:
$ 1.82M USD
24-hour trading volume
-0.51%
Algorand 24-hour price change
8.64B USD
Circulating supply
Get real-time price updates of the ALGO to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate ALGO price information.
ALGO Price Performance USD
Track the price changes of Algorand for today, 30 days, 60 days, and 90 days:
Period
Change (USD)
Change (%)
Today
$ -0.000887
-0.51%
30 Days
$ -0.0443
-20.38%
60 Days
$ -0.0583
-25.20%
90 Days
$ -0.0109
-5.93%
Algorand Price Change Today
Today, ALGO recorded a change of $ -0.000887 (-0.51%), reflecting its latest market activity.
Algorand 30-Day Price Change
Over the past 30 days, the price shifted by $ -0.0443 (-20.38%), showing the token's short-term performance.
Algorand 60-Day Price Change
Expanding the view to 60 days, ALGO saw a change of $ -0.0583 (-25.20%), giving a broader perspective on its performance.
Algorand 90-Day Price Change
Looking at the 90-day trend, the price moved by $ -0.0109 (-5.93%), offering insight into the token's long-term trajectory.
ALGO Price Information
Explore the latest pricing details of Algorand: 24h Low & High, ATH and daily changes:
$ 0.169
$ 0.169$ 0.169
$ 0.1764
$ 0.1764$ 0.1764
$ 3.8
$ 3.8$ 3.8
-0.29%
-0.51%
+2.79%
ALGO Market Information
Dive into the market statistics: market cap, 24h volume, and supply:
$ 1.49B
$ 1.49B$ 1.49B
$ 1.82M
$ 1.82M$ 1.82M
8.64B
8.64B 8.64B
What is Algorand (ALGO)
Algorand is a public, permissionless, pure proof of stake blockchain that ensures full participation, protection and speed within a truly decentralized network. Algorand removes technical barriers that have undermined mainstream blockchain adoption: decentralization, scale, and security. Algorand is built by a team with deep roots in academic theory and science, led by Turing award winner Silvio Micali who has dedicated his career to pioneering research in the field of cryptography.
Algorand is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Algorand investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can: - Check ALGO staking availabilityto see how you can earn rewards on your holdings. - Read reviews and analytics about Algorand on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Algorand buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Algorand Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Algorand, Bitcoin, or Ethereum. What will be the future price of ALGO? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Algorand price prediction page.
Algorand Price History
Tracing ALGO's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing ALGO's potential future trajectory. For detailed price history information, please check out our Algorand price history page.
Algorand (ALGO) Tokenomics
Understanding the tokenomics of Algorand (ALGO) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about ALGO token's extensive tokenomics now!
How to buy Algorand (ALGO)
Looking for how to buy Algorand? The process is straightforward and hassle-free! You can easily purchase Algorand on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
Join trading of ALGO Perpetual Futures
Once you sign up on MEXC and acquire USDT or ALGO tokens, you can begin trading in derivative products like Algorand futures, which offer the potential for increased earnings. With over 6 years of expertise in futures products and operations, MEXC is recognized for being number one in global liquidity. Experience the advantage of up to 200X leverage, along with more comprehensive and narrower spreads.
What are Algorand Futures?
Algorand futures contracts are legal agreements to buy or sell Algorand at a predetermined price on a specified future date. These contracts serve as a representation of the Algorand cryptocurrency token, meaning that the actual settlement, which could be either in Algorand or cash, will take place in the future when the contract reaches its maturity and is exercised.
Earn more from Algorand Price Fluctuations with Futures
One of the main reasons you can earn more with futures is due to leverage. Leverage allows traders to control larger positions with relatively smaller amounts of capital, amplifying potential gains. For example, with 10x leverage, a 10% increase in the price of Algorand can result in a 100% profit on the initial margin. However, it's important to note that leverage also increases the risk, as losses can be magnified in the same way.
How to Start?
If you're new to derivative trading and unsure where to begin, delve into our comprehensive articles on MEXC Learn. You'll find detailed guides that walk you through the process of executing futures trades successfully, providing step-by-step instructions and insights into market analysis, risk management, and trading strategies. These resources are designed to equip you with the knowledge and confidence needed to navigate the complexities of futures trading, make informed decisions, and potentially maximize your earnings.
ALGO to Local Currencies
1 ALGO to VND
₫4,555.1265
1 ALGO to AUD
A$0.264843
1 ALGO to GBP
￡0.124632
1 ALGO to EUR
€0.147135
1 ALGO to USD
$0.1731
1 ALGO to MYR
RM0.730482
1 ALGO to TRY
₺6.90669
1 ALGO to JPY
¥24.9264
1 ALGO to RUB
₽13.586619
1 ALGO to INR
₹14.80005
1 ALGO to IDR
Rp2,791.935093
1 ALGO to KRW
₩236.151675
1 ALGO to PHP
₱9.790536
1 ALGO to EGP
￡E.8.630766
1 ALGO to BRL
R$0.948588
1 ALGO to CAD
C$0.237147
1 ALGO to BDT
৳21.159744
1 ALGO to NGN
₦267.12792
1 ALGO to UAH
₴7.213077
1 ALGO to VES
Bs18.3486
1 ALGO to PKR
Rs49.105008
1 ALGO to KZT
₸90.015462
1 ALGO to THB
฿5.615364
1 ALGO to TWD
NT$5.03721
1 ALGO to AED
د.إ0.635277
1 ALGO to CHF
Fr0.136749
1 ALGO to HKD
HK$1.357104
1 ALGO to MAD
.د.م1.564824
1 ALGO to MXN
$3.257742
1 ALGO to PLN
zł0.626622
Algorand Resource
For a more in-depth understanding of Algorand, consider exploring additional resources such as the whitepaper, official website, and other publications:
Algorand is a digital currency and blockchain platform that aims to process transactions quickly and efficiently. It can host other cryptocurrencies and blockchain-based projects, making it a direct competitor to Ethereum.
One of the key differences between Algorand and Ethereum is their staking and reward methods. Ethereum requires a stake of 32 ETH to become an activated validator, while Algorand allows all ALGO holders to participate in consensus by having ALGO in their wallet. Algorand also boasts faster transaction processing times, with transactions being finalized in 5-12 seconds compared to Ethereum's 12-14 seconds. Additionally, Algorand has significantly lower transaction fees than Ethereum.
How does Algorand's pure proof-of-stake consensus mechanism work?
Algorand's pure proof-of-stake (PoS) consensus mechanism works by recruiting network validators from the pool of users. The Algorand blockchain uses relay nodes and participation nodes to enable efficient communication paths and confirm new blocks. It prohibits any splitting or forking of the blockchain to ensure the immutability of completed transactions. Additionally, the platform continually compresses blockchain information to reduce the data burden on network participants.
In the pure proof-of-stake (PPoS) consensus mechanism, ALGO holders who stake their coins become governors and are rewarded with ALGO for participating in consensus and casting votes on blockchain and community issues. ALGO is also used as a utility token to pay transaction processing fees.
Who founded Algorand and when was it founded?
Algorand was founded in 2017 by Silvio Micali, a professor at the Massachusetts Institute of Technology and a renowned cryptographer. It is both a digital currency and a blockchain platform designed to process transactions quickly and efficiently. The platform is open-source, allowing anyone to view and contribute to its code. Algorand aims to achieve global trust among trustless parties and prioritize simple designs to eliminate barriers to prosperity. It is known for being a green blockchain, as it has been carbon-negative since April 2021.
How does Algorand achieve efficiency and scalability in processing transactions?
Algorand achieves efficiency and scalability in processing transactions through several key mechanisms. Firstly, it utilizes relay nodes to enable efficient communication paths, ensuring that transactions can be processed quickly and effectively. Additionally, Algorand incorporates participation nodes that vote on and confirm new blocks for the blockchain, further enhancing the speed and efficiency of transaction processing.
Furthermore, Algorand prohibits any splitting or forking of the blockchain, guaranteeing that completed transactions cannot be changed. This ensures the integrity and security of the platform while also contributing to its efficiency.
Another factor that contributes to Algorand's efficiency is its continuous compression of blockchain information, reducing the data burden placed on network participants. This compression helps to optimize the processing and storage of transactions, making the platform more scalable.
Can anyone view and contribute to the code of the Algorand platform?
Yes, anyone can view and contribute to the code of the Algorand platform. Algorand is an open-source blockchain, which means that the platform's code is publicly available for anyone to access, study, and contribute to. This open nature promotes transparency, collaboration, and innovation within the Algorand community.
The Algorand platform uses a consensus mechanism called pure proof-of-stake (PoS), which recruits network validators from the pool of users. This means that individuals who hold ALGO, the platform's native currency, can participate in the consensus process and contribute to the security and governance of the Algorand blockchain.
How can I buy ALGO?
It is super easy to buy ALGO coins! Just head on to the MEXC spot market, search for ALGO, and buy ALGO with your preferred stablecoin!
Can I earn passive income with ALGO?
Yes, you can earn passive income with ALGO. ALGO, the native cryptocurrency of the Algorand blockchain, offers staking rewards to its holders. By staking your ALGO tokens, you can participate in the consensus mechanism of the network and earn additional ALGO as a reward. Staking is a form of passive income where you lock up your tokens to support the security and operation of the blockchain. The more ALGO you stake, the higher your chances of being selected as a validator and earning rewards. This allows you to generate income without actively trading or engaging in other activities.
What is the price of Algorand (ALGO) today?
The live price of Algorand (ALGO) is 0.1731 USD.
What is the market cap of Algorand (ALGO)?
The current market cap of Algorand is -- USD. It is calculated by multiplying the current supply of ALGO by its real-time market price of 0.1731 USD.
What is the circulating supply of Algorand (ALGO)?
The current circulating supply of Algorand (ALGO) is -- USD.
What was the highest price of Algorand (ALGO)?
As of 2025-06-28, the highest price of Algorand (ALGO) is 3.8 USD.
What is the 24-hour trading volume of Algorand (ALGO)?
The 24-hour trading volume of Algorand (ALGO) is -- USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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