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Algorand Price

Algorand Price (ALGO)

Contract Address: 0
$0.1084504
Page last updated: 24/04/26, 8:29 pm (UTC)

Algorand Market Stats

Popularity
#57
Market Cap
$965.8M
Volume (24hours)
$38.4M
Circulation Supply
8.9B•89.06%
Total Maximum Supply
10B
Fully Diluted Market Cap
$1.1B
Issue Date
20-Jun-2019
Algorand Resources
WhitepaperAlgoland Foundation WebsiteOfficial Algoland Website
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Algorand Price
ALGO
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Rate
1 ALGO ≈ USD 0.1084504
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Price of Algorand Today

The live price of Algorand is $0.1084504 per (ALGO / USD) with a current market cap of $965.8M USD. 24-hour trading volume is $38.4M USD. ALGO to USD price is updated in real-time. Algorand is +5.24% in the last 24 hours with a circulating supply of 8.9B.

Algorand Price History

24H
7D
1M
3M
1Y

All Time High

$3.28

Current

$0.1084504

24H High

$0.1092117

24H Low

$0.1033637

24H Change

+5.24%

Crypto Market Sentiments

Fear & Greed Index

How do you feel about Algorand today?

0%
0%
Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 ALGO worth $0
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Why Is Algorand (ALGO) Up Today?

Algorand (ALGO)'s price rose by 5.24% in the past 24h, potentially influenced by improving market sentiment and increased trading activity.
Recent market data suggests growing buying interest, which may indicate traders entering new positions or responding to recent market momentum.
In addition, broader market trends and positive sentiment across digital assets may be contributing to short-term price strength, supporting gains in Algorand (ALGO) along with the wider crypto market.

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What Can You Do With Algorand (ALGO)?

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People Also Ask: Other Questions About Algorand

How much is 1 Algorand (ALGO) in INR right now?

As of 24-Apr-2026, the current price of 1 Algorand (ALGO) is ₹10.21 INR.

How can I track the Algorand (ALGO) price in INR in real time?

You can track the Algorand (ALGO) price in real time on Binance through live price charts and updated market data. The value displayed reflects the global cryptocurrency market converted into Indian Rupee (INR), allowing users in India to monitor price movements and historical trends directly in their local currency.

Why does Algorand (ALGO) price change in INR?

The price of Algorand (ALGO) in Indian Rupee (INR) changes due to fluctuations in the global cryptocurrency market as well as movements in foreign exchange rates. Since many crypto assets are primarily traded against USD or stablecoins, the INR value reflects both global price changes and the conversion rate between USD and Indian Rupee.

How much will 1 Algorand (ALGO) be worth in 2030 in INR?

Check out our Algorand (ALGO) Price Prediction page when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

What is ALGO Used For?

ALGO is used as a means of value transfer within the Algorand ecosystem; it is also used to secure the Algorand network. ALGO is also staked by network validators and used to reward them for their assistance in validating transactions while keeping the PoS blockchain secure. ALGO price is available live on Binance.

How Do Network Consensus and Validation Work on Algorand?

Algorand uses a PoS consensus model in which participants stake ALGO tokens to validate transactions and secure the blockchain.

Who is the Algorand Founder?

Algorand was founded by Silvio Micali, a computer scientist at the Massachusetts Institute of Technology (MIT), in 2017.

What is the Maximum Token Supply of Algorand?

The total supply of Algorand is limited to 10 billion ALGO tokens. At the time of writing, the circulating supply of ALGO is 7,126,147,542 tokens.

What Makes Algorand Different From Others?

Algorand’s founder, Silvio Macali, received the Turing Award in 2012 for his work in cryptography. The network offers similar functionality to Ethereum while operating on a PoS consensus model. Thanks to its carbon offset initiatives, Algorand is also a carbon-neutral blockchain network.

In February 2022, the Algorand Foundation dedicated $10 million to the development of The London Bridge to connect to the Ethereum blockchain, in an effort to attract more liquidity to the Algorand network. The robust DApps and vibrant Ethereum ecosystem offered promise to potentially attract more users to the low-cost, efficient blockchain platform.

How To Buy ALGO?

ALGO can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live ALGO price is updated in real time on Binance. For additional instruction and other relevant information, users can read our How to buy Algorand (ALGO) Guide.

How Much Will ALGO Be Worth in the Future?

Check out our ALGO Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

About Algorand

Algorand (ALGO) is an open-source blockchain network and cryptocurrency designed to facilitate mainstream adoption of blockchain technology. It also aims to expand the use cases of digital currencies by accelerating transaction verification rates. 

First launched in 2019, Algorand seeks to provide a similar transaction throughput rate as major centralized payment processors like Visa or Mastercard. It does so through the integration of scalability features like relay nodes, which are used to create efficient communication paths. At the same time, blockchain information is continuously compressed in order to reduce the data burden on Algorand network participants.

Algorand also provides smart contract functionality, making it possible for developers to create and deploy decentralized applications (DApps) and smart contracts on its blockchain.

Algorand is considered a third-generation blockchain. The network uses a proof-of-stake (PoS) consensus model in which validators help keep the network secure through transaction validation and block generation. The current price of ALGO is updated and available in real time on Binance.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.