Algorand
ALGO
Rank #65
$0.129784
1h +0.17%
24h +0.39%
7d +21.96%
30d +16.26%
Market Cap
$1.16B
24h Volume
$53.01M
Circulating Supply
8.91B ALGO
Max Supply
10.00B ALGO
All-Time High
$3.5600
ATH Date
20 Jun 2019
All-Time Low
$0.080092
Launch Date
Price Chart
About Algorand
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
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