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Algorand Price
Algorand price

Algorand priceALGO

Listed
Buy
$0.1164USD
+3.69%1D
The price of Algorand (ALGO) in United States Dollar is $0.1164 USD.
Algorand (ALGO) has been listed in the Innovation and Layer1 Zone. You can quickly sell or buy ALGO. Spot Trading Link: ALGO/USDT.
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Price chart
Algorand/USD live price chart (ALGO/USD)
Last updated as of 2026-05-20 23:27:39(UTC+0)

Live Algorand price today in USD

The live Algorand price today is $0.1164 USD, with a current market cap of $1.04B. The Algorand price is up by 3.69% in the last 24 hours, and the 24-hour trading volume is $55.51M. The ALGO/USD (Algorand to USD) conversion rate is updated in real time.
How much is 1 Algorand worth in United States Dollar?
As of now, the Algorand (ALGO) price in United States Dollar is valued at $0.1164 USD. You can buy 1ALGO for $0.1164 now, you can buy 85.88 ALGO for $10 now. In the last 24 hours, the highest ALGO to USD price is $0.1194 USD, and the lowest ALGO to USD price is $0.1122 USD.

Do you think the price of Algorand will rise or fall today?

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Voting data updates every 24 hours. It reflects community predictions on Algorand's price trend and should not be considered investment advice.

In-depth analysis of Algorand's market trends today

Algorand market summary

The current price of Algorand (ALGO) is $0.1164, with a 24-hour change of +3.69%. The current market capitalization is approximately $1,037,984,490.91, and the 24-hour trading volume is $55,507,806.07.

Algorand Key Takeaways

Based on real-time chart analysis, the current technical structure for Algorand (ALGO) shows a key market support level at $0.1250 and a primary resistance level at $0.1580. If the ALGO price breaks out of this range, it could trigger a new trend movement. Overall, the market is currently in a Consolidation and Recovery phase, with price fluctuations primarily concentrated within these critical technical zones.

Technical Indicators

RSI: Currently at 54, indicating that market momentum is Neutral to Bullish as it moves away from the oversold region.
MACD: The signal shows a Bullish Crossover with the histogram flipping positive, suggesting increasing buying pressure.
MA Structure: The price is currently trading above the 20-day Moving Average, showing short-term bullish momentum, though it remains tested by longer-term moving averages, indicating a transition in the medium-term trend.

Market Drivers

The current Algorand price and market performance are primarily influenced by the following factors:
Ecosystem Development: Recent updates regarding Algorand’s protocol upgrades and increased developer activity are bolstering investor confidence in the network's scalability.
DeFi Total Value Locked (TVL): A steady increase in the TVL within the Algorand DeFi ecosystem is providing fundamental support for the native token's utility.
Broader Altcoin Sentiment: ALGO is currently benefiting from a rotation of capital into Layer-1 protocols as market participants seek undervalued assets with robust technology.

Trading Signals

Potential Buy Zone

If the Algorand price approaches the $0.1250 - $0.1320 range and shows signs of stabilization, it may present a strategic short-term buying opportunity.
If the price effectively breaks above $0.1580 with significant trading volume, it would confirm a trend reversal and act as a strong entry signal.

Risk Scenario

If the Algorand price falls below the $0.1200 mark, the market may enter a deeper correction phase, potentially retesting yearly lows.

Buy Strategy

Conservative Investors

Wait for the ALGO price to successfully stabilize above the $0.1580 resistance before entering on a successful retest.
Alternatively, consider small-scale positions if the price retraces to the $0.1250 support level without breaking lower.

Trend Investors

If the price breaks out of $0.1580 with high volume, follow the trend with an initial target price of $0.1850 and a secondary long-term target of $0.2200.

Long-term Investors

As long as the price remains above the $0.1200 structural support, the long-term logic of a bottoming formation remains intact, allowing for continued accumulation during dips.

Trends Summary

Market Insights

In the short term, Algorand has displayed a Steady Upward Channel over the past 7 days, with market sentiment shifting from "Fear" to Neutral/Optimistic. Volume is beginning to align with price action, suggesting a potential volatility breakout is approaching.

Market Outlook

In an optimistic scenario, a breakthrough of $0.1580 targets $0.1850.
In a pessimistic scenario, a drop below $0.1250 could see the price slide toward $0.1100.

Market Consensus

The consensus among analysts is that while Algorand may experience short-term fluctuations or range-bound trading, as long as the price stays above the $0.1250 support, the medium-term trend is likely to maintain a Bullish Recovery structure.

Now that you understand the market, it's time to buy and trade. Over 100 million crypto users choose to trade on Bitget. Bitget supports a wide range of trading methods for crypto assets such as Algorand, including buying, selling, spot trading, futures trading, on-chain trading, and staking. It also offers one of the most advantageous transaction fee rates across the entire industry!

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Risk disclaimer

The above analysis is based on Bitget's real-time chart data and technical indicators, compiled and reviewed by the Bitget research team. It is for reference only and does not constitute investment advice. Cryptocurrency prices are highly volatile. Please make investment decisions based on your own risk tolerance.

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Algorand market info

Price performance (24h)
24h
24h low $0.1124h high $0.12
All-time high (ATH):
$3.28
Price change (24h):
+3.69%
Price change (7D):
-1.26%
Price change (1Y):
-48.19%
Market ranking:
#55
Market cap:
$1,037,984,490.91
Fully diluted market cap:
$1,037,984,490.91
Volume (24h):
$55,507,806.07
Circulating supply:
8.91B ALGO
Max supply:
--

About Algorand (ALGO)

What Is Algorand?

Algorand is a decentralized network that was designed to address the Blockchain Trilemma, which encompasses the challenges of achieving speed, security, and decentralization simultaneously. Founded by the computer scientist and MIT professor Silvio Micali in 2019, Algorand is an open-source blockchain platform that anyone can build upon. It stands out for its impressive capability to process over 1,000 transactions per second (TPS) and achieve transaction finality in less than five seconds. This rapidity is combined with a strong emphasis on security and decentralization.

The platform uses a Proof-of-Stake (PoS) consensus mechanism and distributes validator rewards to all holders of its native ALGO cryptocurrency. This approach ensures both high throughput and equitable community incentivization, making Algorand suitable for a wide range of global applications.

Algorand's architecture is unique, featuring a two-tiered blockchain structure. The base layer, Layer 1, supports smart contracts, asset creation, and atomic swaps between assets. This layer ensures security and compatibility. The second layer, Layer 2, is reserved for more intricate smart contracts and decentralized application (dApp) development. This bifurcation allows Algorand to process transactions efficiently, with simple transactions being processed swiftly on Layer 1 without interference from more complex smart contracts

Resources

Official Whitepaper: https://algorand.com/technology/white-papers

Official Website: https://algorand.com/

How Does Algorand Work?

Algorand operates on the Proof of Stake mechanism, termed Pure Proof of Stake (PPoS). This consensus mechanism is highly democratized, requiring only one ALGO coin to participate, making it accessible to a broad range of users. In the PPoS system, validator nodes are chosen randomly to confirm transaction data in a block.

This process involves two phases: proposing and voting. Any member of the Algorand network can partake in these phases by staking ALGO and generating a valid participation key. The proposal phase involves the selection of a block leader to propose the current block. This leader is chosen through Algorand's verifiable random function (VRF), a mechanism that selects nodes in a provably random manner. Following the proposal, the voting phase begins, where Participation Nodes are elected to a committee responsible for ensuring the integrity of the current block. If the block is approved, it's added to the blockchain; if not, the network enters recovery mode.

What Is The ALGO Token?

ALGO is Algorand's native cryptocurrency. The total supply of ALGO is capped at 10 billion coins. The current circulating supply of ALGO is 7.8 billion. It plays a pivotal role in the network's structure. Unlike many other platforms where only block producers receive rewards, in Algorand, rewards are distributed among all ALGO coin holders. This inclusive approach means that all ALGO coin holders can earn an annual percentage yield (APY). Users don't need to actively stake the coin for block production; merely holding ALGO in a non-custodial wallet or on an exchange allows them to access earned rewards.

Algorand's Impact on Finance

Algorand is making significant strides in the financial sector, particularly in the realm of decentralized finance (DeFi). The platform's efficiency, security, and scalability make it an attractive choice for dApp developers and DeFi traders, especially those seeking alternatives to Ethereum due to its rising gas fees. Additionally, Algorand's capability to host other cryptocurrencies and blockchain-based projects positions it as a direct competitor to Ethereum.

The Algorand Standard Asset (ASA) protocol allows developers to create new tokens or transfer existing ones to the Algorand ecosystem. Notably, stablecoins like USDT and USDC exist as ASAs on Algorand, benefiting from higher throughput and lower transaction fees than on Ethereum. Furthermore, as central banks explore networks for their central bank digital currencies (CBDCs), Algorand emerges as a top contender, with the Marshall Islands already selecting it to host their CBDC.

What Determines Algorand's Price

In the dynamic world of cryptocurrencies, the Algorand price has become a focal point of discussion among investors and crypto enthusiasts. Many are constantly seeking updates on the ALGO price today, which seems to be influenced by a myriad of factors, including its unique blockchain platform renowned for scalability and speed.

Various platforms offer Algorand price predictions, focusing on its Pure Proof of Stake (PPoS) consensus mechanism, a major attraction for large institutions and companies. They utilize Algorand's infrastructure layer to address real-world issues requiring scale, speed, and cost efficiency. Furthermore, the ALGO crypto price is significantly impacted by the initiatives and developments spearheaded by the Algorand Foundation. This non-profit entity nurtures the Algorand ecosystem through vibrant community engagement, innovative research, and governance initiatives.

Investors keeping a close eye on the Algorand ALGO price live must note that the ALGO coin price is inherently tied to its utility within the network. The current Algorand price may fluctuate based on transaction fees on the network, which stood remarkably low at 0.001 ALGO as of October 2022. The ALGO USD price also tends to respond to participation in the Governance Program, where ALGO can be staked for voting on significant proposals concerning the protocol's future, offering enticing rewards to participants. These aspects, coupled with community engagement, have the potential to elevate the Algorand coin price, as evidenced in various Algorand price charts.

Analyzing the Algorand price history, it's clear that the platform has progressed significantly since its 2017 inception by Professor Silvio Micali. The ALGO market cap has steadily increased, showcasing a network capable of processing up to 6,000 transactions per second. This makes it a formidable competitor against first and second-generation blockchains like Bitcoin and Ethereum. Those conducting ALGO price analyses frequently spotlight the technological advancements and growing adoption of the Algorand blockchain in sectors such as financial services, decentralized finance (DeFi), and fintech.

Looking ahead, the latest news on Algorand paints a promising trajectory for the cryptocurrency. The forecast for Algorand price is bolstered by its green blockchain initiative, where it has considerably offset carbon emissions since April 2021. Furthermore, predictions for the Algorand price in 2023 hinge on ongoing projects in the ecosystem, with a spotlight on decentralized finance sectors like lending and trading. Keeping a tab on real-time ALGO price movements and scrutinizing the ALGO price graph can offer insights into potential growth trajectories. As the ALGO cryptocurrency price reacts to internal ecosystem developments and broader market trends, investors are keenly observing to see if the upward trend in Algorand's token price will persist, reflecting its robust foundation and bright future.

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Algorand Price history (USD)

The price of Algorand is -48.19% over the last year. The highest price of ALGO in USD in the last year was $0.3348 and the lowest price of ALGO in USD in the last year was $0.08000.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+3.69%$0.1122$0.1194
7d-1.26%$0.1052$0.1217
30d+12.94%$0.1009$0.1366
90d+31.15%$0.08000$0.1366
1y-48.19%$0.08000$0.3348
All-time-51.44%$0.08000(2026-03-29, 53 days ago)$3.28(2019-06-21, 6 years ago)
Algorand price historical data (all time)

What is the highest price of Algorand?

The ALGO all-time high (ATH) in USD was $3.28, recorded on 2019-06-21. Compared to the Algorand ATH, the current Algorand price is down by 96.45%.

What is the lowest price of Algorand?

The ALGO all-time low (ATL) in USD was $0.08000, recorded on 2026-03-29. Compared to the Algorand ATL, the current Algorand price is up 45.55%.

Algorand price prediction

When is a good time to buy ALGO? Should I buy or sell ALGO now?

When deciding whether to buy or sell ALGO, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget ALGO technical analysis can provide you with a reference for trading.
According to the ALGO 4h technical analysis, the trading signal is Buy.
According to the ALGO 1d technical analysis, the trading signal is Buy.
According to the ALGO 1w technical analysis, the trading signal is Neutral.

What will the price of ALGO be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Algorand(ALGO) is expected to reach $0.0001188; based on the predicted price for this year, the cumulative return on investment of investing and holding Algorand until the end of 2027 will reach +5%. For more details, check out the Algorand price predictions for 2026, 2027, 2030-2050.

What will the price of ALGO be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Algorand(ALGO) is expected to reach $0.0001375; based on the predicted price for this year, the cumulative return on investment of investing and holding Algorand until the end of 2030 will reach 21.55%. For more details, check out the Algorand price predictions for 2026, 2027, 2030-2050.

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FAQ

What is the current price of Algorand?

The live price of Algorand is $0.12 per (ALGO/USD) with a current market cap of $1,037,984,490.91 USD. Algorand's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Algorand's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Algorand?

Over the last 24 hours, the trading volume of Algorand is $55.51M.

What is the all-time high of Algorand?

The all-time high of Algorand is $3.28. This all-time high is highest price for Algorand since it was launched.

Can I buy Algorand on Bitget?

Yes, Algorand is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy algorand guide.

Can I get a steady income from investing in Algorand?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Algorand with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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ALGO/USD price calculator

ALGO
USD
1 ALGO = 0.1164 USD. The current price of converting 1 Algorand (ALGO) to USD is 0.1164. This rate is for reference only.
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ALGO resources

Algorand rating
4.6
101 ratings

Tags

Contracts:
0...0(Algorand)
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Bitget Insights

GennyCruz30
GennyCruz30
3h
$ALGO looks like it’s trying to wake up again after getting cooked from the 0.137 top. The bounce from 0.106 was pretty clean and buyers are slowly pushing the structure back up. Still needs to break 0.12 properly tho, that’s where momentum could really start kicking in again. 👀 Entry: 0.115 – 0.117 SL: 0.109 TP1: 0.121 TP2: 0.127 TP3: 0.135
ALGO+3.36%
Global_Trading_Zone
Global_Trading_Zone
13h
$ALGO *🚨 ALGO/USDT: Holding Support or Losing Momentum? 🔵📊⚡* ALGO at *$0.1141* up *+4.78%*, holding above EMA100 at $0.1111 after bouncing from $0.1088. RSI 49 neutral, price stalling below EMA200 at $0.1276. 24h high $0.1179 caps the bounce ⚠️. *Next move?* Break $0.118 = target EMA200, lose $0.111 = retest $0.109 🔻. *Action:* Neutral-bullish above EMA100. Volume needed for trend shift ✅❌ #ALGO #Layer1 #Crypto 🪙
ALGO+3.36%
CavilZevran
CavilZevran
19h
$ALGO (1h) - Breakout Long Bias: Long Entry (Zone): 0.1150 - 0.1162 Targets: TP1: 0.1188 TP2: 0.1215 TP3: 0.1248 Stop Loss: 0.1118 Why this Setup: I’m looking for continuation after the rebound from the recent lows and the push back above the 0.115 area. I want a clean hold of this breakout zone so I can ride momentum toward the next resistance levels if buyers keep stepping in.
ALGO+3.36%
Smart_Money_Circle
Smart_Money_Circle
20h
MARKET GAINERS UPDATE 👀 Fresh momentum is concentrated in a few high-beta names as liquidity rotates aggressively into short-term narratives. 🌊 Top performers today: 🚀 $RLS (+8.60%) strong speculative breakout with fast attention inflow 🛰️ $SPACE (+7.89%) continued momentum expansion with rising turnover 🌊 $PYTH (+4.33%) steady continuation from prior accumulation zone 🧬 $BIO (+3.94%) mid-cap strength driven by renewed interest 📖 $BOME (+3.54%) meme-driven rotation with consistent volatility 🤖 $KITE (+3.44%) AI narrative continuation ⚙️ $ATU (+3.37%) stable upward drift with moderate volume support 📊 $ALGO (+3.24%) legacy asset showing short-term revival 📐 $LAU (+3.21%) low-cap volatility expansion 💠 $BASED (+2.81%) sustained attention flow in microcaps Key pattern: 📈 momentum is becoming increasingly concentrated in narrative-driven assets 📈 short bursts of capital rotation dominate price action 📈 volatility is acting as the main liquidity attractor This type of structure typically reflects a market where attention, not fundamentals, is the primary driver of returns. 🌌$RLS $BOME $BIO
RLS-8.06%
SPACE+5.09%
ProfitOutlook
ProfitOutlook
21h
$ALGO Bullish Setup Loading ✅ Perfect bounce from Bullish Flag support on 12H Chart 📊 If momentum continues and resistance breaks, we may see a solid 40-50%+ rally in the coming days 🚀 This one looks interesting, don’t sleep on it 👀$KITE
ALGO+3.36%
KITE-1.78%

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