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Algorand Price
Algorand price

Algorand priceALGO

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Buy
$0.1228USD
+2.61%1D
The price of Algorand (ALGO) in United States Dollar is $0.1228 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 2026-04-05 23:18:16(UTC+0)

Live Algorand price today in USD

The live Algorand price today is $0.1228 USD, with a current market cap of $1.09B. The Algorand price is up by 2.61% in the last 24 hours, and the 24-hour trading volume is $83.53M. 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 $0.1228 USD. You can buy 1ALGO for $0.1228 now, you can buy 81.41 ALGO for $10 now. In the last 24 hours, the highest ALGO to USD price is $0.1245 USD, and the lowest ALGO to USD price is $0.1144 USD.

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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.

Algorand market info

Price performance (24h)
24h
24h low $0.1124h high $0.12
All-time high (ATH):
$3.28
Price change (24h):
+2.61%
Price change (7D):
+51.99%
Price change (1Y):
-32.55%
Market ranking:
#53
Market cap:
$1,092,348,624.38
Fully diluted market cap:
$1,092,348,624.38
Volume (24h):
$83,531,775.59
Circulating supply:
8.89B 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 -32.55% 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+2.61%$0.1144$0.1245
7d+51.99%$0.08101$0.1263
30d+45.28%$0.08000$0.1263
90d-12.54%$0.08000$0.1454
1y-32.55%$0.08000$0.3348
All-time-48.85%$0.08000(2026-03-29, 8 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 96.26%.

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 53.54%.

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 $0.1282; 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 $0.1484; 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 $1,092,348,624.38 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 $83.53M.

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.

Where can I buy Algorand (ALGO)?

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ALGO/USD price calculator

ALGO
USD
1 ALGO = 0.1228 USD. The current price of converting 1 Algorand (ALGO) to USD is 0.1228. This rate is for reference only.
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ALGO resources

Algorand rating
4.6
101 ratings

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Contracts:
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Bitget Insights

TopCryptoNews
TopCryptoNews
15h
🎌 Japan Anchors 30+ Crypto Tokens in Regulated Framework Japan’s JVCEA Green List anchors crypto market expansion by enabling fast-tracked listings of more than 30 approved tokens under Financial Services Agency oversight, strengthening compliance standards while accelerating exchange access to major digital assets. 🔸 Japan Crypto Regulation Advances With JVCEA Green List Framework Japan’s cryptocurrency market continues evolving as regulators and industry groups advance oversight frameworks alongside market expansion. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) maintains its Green List on its website. The list covers more than 30 tokens. It is recognized by Japan’s top financial regulator, the Financial Services Agency (FSA). It helps guide compliant, fast-tracked listings across exchanges. The association, a self-regulatory body overseeing crypto asset exchanges in Japan, maintains the list based on four eligibility criteria. These include adoption by multiple member companies, sustained trading history, absence of imposed handling conditions, and no concerns regarding inclusion. The update reflects continued concentration around major assets such as bitcoin, ethereum, and XRP, alongside a broader range of established altcoins. As of April 2, the updated Green List consists of algorand (ALGO), axie infinity (AXS), basic attention token (BAT), bitcoin cash (BCC/ BCH), bitcoin (BTC/XBT), dai (DAI), polkadot (DOT), ethereum classic (ETC), ethereum (ETH), filecoin (FIL), hedera (HBAR), iost (IOST), lisk (LSK), litecoin (LTC), decentraland (MANA), maker (MKR), mona coin (MONA), omg network (OMG), pol (MATIC), qtum (QTUM), sandbox (SAND), shiba inu (SHIB), sky (SKY), nem (XEM), stellar (XLM), ripple (XRP), tezos ( XTZ), symbol (XYM), zpg (ZPG), zpgag (ZPGAG), and zpgpt (ZPGPT). These assets represent cryptocurrencies meeting operational, liquidity, and compliance expectations within Japan’s regulated exchange ecosystem.
BAT-1.66%
DOT-0.63%
MushtaqAli786
MushtaqAli786
21h
Crypto Market New Update (April 2026) Market Overview: Crypto market abhi sideways + high volatility mode me chal raha hai. Total market cap ~$2.3 trillion ke aas paas hai aur volume fluctuate kar raha hai. � TradingView Bitcoin (BTC) Update BTC price around $66K – $68K range me hai Strong resistance: $70K – $72K Support zone: $65K Market abhi cautious hai geopolitical tensions ki wajah se The Economic Times +1 Trend: Neutral to slightly bearish (range-bound) Ethereum (ETH) Update ETH price around $2,050 – $2,150 Strong support near $2,050 Recovery slow hai but stable trend maintain kar raha hai Fortune +1 Trend: Weak bullish / consolidation Altcoins Highlights XRP: Resistance zone par stuck (~$1.35), breakout ka wait Solana (SOL): $80 range me pressure, bearish structure abhi bhi active ALGO: Short-term me strong pump (~15%) TradingView +1 Altcoins: Mixed performance (high risk zone) Important News Ek major crypto platform hack (~$130M–$270M loss) ne market sentiment weak kiya Tom's Hardware Bitcoin ETF inflows wapas positive aaye ($1.3B inflow) Investors Global tensions (Middle East) market ko impact kar rahe hain Fear & Greed Index: Extreme Fear (9/100) TradingView Market Sentiment Short Term: Fear + Uncertainty Mid Term: Accumulation phase Long Term: Still bullish (institutional support strong) Trading Strategy (Simple) Long: Strong support zones pe Short: Resistance reject hone par Avoid: Overtrading (market choppy hai) Conclusion (Post Style) Crypto market abhi range + fear mode me hai. Smart traders is time ko accumulation + patience phase ke taur par use kar rahe hain. Big move jaldi expected hai—volatility spike aane wala hai $BTC $ETH
BTC+2.26%
ETH+2.24%
Berserker_09
Berserker_09
2d
Why did Algorand price soar over 20% today?
Algorand price shot up 21% on Friday, April 3, becoming the top gainer of the day, bucking the relative stillness of the broader crypto market that has gone cold amid the escalating war situation in the Middle East. Algorand ( $ALGO ) price rallied to a 9-week high of $0.122 on Friday before settling at $0.121 at press time. Its gains pushed it to become the leading gainer among the top cryptocurrencies by market cap in both the daily and weekly timeframes. There are three main reasons why Algorand price rallied today. First, Algorand was recently cited by Google Quantum AI in a research paper focused on threats faced by major blockchains from quantum computing. The paper made several mentions of Algorand for its post-quantum security and advanced Falcon signature technology, placing it ahead of other major players and trailing only behind Bitcoin and Ethereum. This citation from one of the most prominent tech labs gave the project a big push to new investors while increasing hype for existing ones. Second, Revolut has officially enabled staking for Algorand on its platform. This enables its customer base of over 70 million investors to stake ALGO directly from the app. The move has increased investor demand for the token as it triggered a jump in the total amount being staked on the platform, effectively removing those tokens from circulation and hence lowering potential selling pressure. Third, Algorand’s rebound follows the token hitting an all-time low just five days ago. The token dropping to its floor likely made it very attractive for buyers who bought the dip following its high-profile citation. Algorand price analysis On the daily chart, Algorand price has formed a multi-month falling wedge pattern. Following its recent rebound, it has broken out from the upper trendline of the pattern, thereby confirming a bullish reversal. When such patterns are confirmed, the asset often enters a period of sustained growth. At press time, a similar bullish outlook for ALGO was supported by technical indicators. Notably, the Supertrend has turned green, a notable sign of a trend shift. The Chaikin Money Flow index read 0.19, a strong positive reading hinting that buyers are in control. For now, $0.139, which sits at the 23.6% Fibonacci retracement level, is the most immediate resistance level to keep an eye on for identifying more upside. A decisive break above that could potentially trigger a rally to $0.225, a target calculated by adding the height of the wedge to the point at which the breakout occurred. On the contrary, a drop below the $0.085 support level can invalidate this bullish setup.
ALGO+3.40%
GM_Crypto
GM_Crypto
2d
$ALGO /USDT LOng Setup Entry: 0.1100 – 0.1190 TP1: 0.1225 TP2: 0.1350 TP3: 0.1500 SL: 0.0980 Broke out hard from months of base. All MAs flipped bullish. Volume surging. Pullback to MA7 = perfect add zone.
ALGO+3.40%
ScalpingX
ScalpingX
2d
$ALGO - Mcap 1.05B$ - 149.6K votes Bullish SC02 M5 - pending Long order. Entry lies within HVN + is not affected by any weak zone, the current support zone is approximately 2.82% wide. The uptrend has been ongoing for 10 hours 30 minutes, with the maximum recorded price increase of 16.71%. If price loses this support zone, the trend will most likely reverse to the downside. #TradingSetup #CryptoInsights
ALGO+3.40%

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