Don't invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 min to learn more.

Back to Cryptocurrencies

See the live Algorand price in USD. Buy Algorand or add it to your Crypto Strategy.

Algorand

ALGO

ALGO to USD Price

$0.5228

Algorand Market Cap

$4.34B

Buy
See all buy/sell options

ALGO USD price chart / performance

ALGO USD price chart / performance

Past performanceis not indicative of future results. USD ($) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
-0.60%
Return (7D)
+71.67%
Return (1M)
+372.06%
Return (1Y)
+235.44%

My Investment

My Investment

Profit Taken
$0.00
0.00%
You Have:
$0.00
Unrealised P/L
$0.00
0.00%

Algorand (ALGO) History and Overview

Algorand (ALGO) History and Overview

The Algorand platform relies on an upgraded pure Proof-of-Stake and self-validating transactions in an attempt to solve the ‘blockchain trilemma’. The project aims to create a true borderless economy, getting DeFi Web3-ready. The system can reach a consensus without the need for a central authority, with a high tolerance for malicious users, provided that the majority of stakes are kept by honest users. Each user can read every block and is given an opportunity to write a transaction in a future block. The size of the user’s stake in the system determines the capacity of the user to influence the selection of a new block. This stake is measured in the number of ALGO tokens. The ALGO token is dedicated to the cause of balancing security, scalability and decentralization without compromising either of them.

How To Buy Algorand or Add it to your Strategy

The fastest, most convenient way to purchase Algorand is to purchase it on ICONOMI. We check Algorand live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Algorand by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Algorand is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Algorand, we recommend you read the next section, as copying might be a better approach.

Add Algorand to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Algorand in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Algorand ALGO. See all Algorand price predictions in real time and make the best use of their crypto knowledge.

The rotation to ISO 20022 compliant cryptocurrencies has been impressive:


$HBAR $IOTA $ALGO $XRP $QNT $ADA $XLM $XRP


From coincodex:


The ISO 20022 standard has gained significant importance in the financial industry as a unified messaging standard for electronic data exchange between financial institutions. While initially developed for traditional financial transactions, the standard has now expanded to include the world of cryptocurrencies.ISO 20022 brings standardization and interoperability to the crypto space, ensuring smoother communication between various platforms and participants.

One person likes this
Mzansi Crypto
2 Dec, 2024

Restructuring underway:


We have conducted our 3rd portfolio restructuring today, first time since 2nd August (4 months ago).


Our portfolio has done extremely well over that 4-month period and saw us outperform most of the biggest strategies here on @ICONOMI.


We took some profits from our largest asset $XRP and distributed them across the portfolio as well as add a new asset $HBAR


We also removed $CHR and doubled our stake in $ALGO.


We look forward to seeing how we close this year 2024 as we're now officially in #altcoinseason as the $BTC dominance dropped to 56% after peaking at 62%🚀 🚀 🚀

3 people like this
DutchEd
30 Nov, 2024

**DutchEd Update: Rebalancing to Maximize Potential 🚀**

We’ve just completed another rebalance! Recent strong performances from $DOT (Polkadot), $BONK, $ALGO (Algorand), and $SAND (The Sandbox) allowed us to take some profits. These gains have been reinvested into $INJ (Injective Protocol), $PAXG (PAX Gold), and $UMA, which recently dipped in value.

This rebalancing ensures the portfolio remains diversified and well-positioned to take advantage of future market opportunities.

DutchEd continues to ride the waves of the market with a balanced and active approach—stay tuned for more updates! 🌟

2 people like this
Project DMB
23 Nov, 2024

$BTC dominance dropping, is it finally time for alts to fly?


$HBAR $SOL $DOGE $XRP $WIF $ALGO $ADA $BONK $SUI

2 people like this
Mzansi Crypto
22 Nov, 2024

US dollar is at its highest level YTD, will its reversal be the next catalyst for the Crypto market pump?


We believe that a reversal of the Dollar will likely help the Crypto market break new highs and potentially Ignite the start of #altcoinseason2025


This should help our portfolio assets such as $RUNE, $XRP and even $ALGO make their way back to previous ATHs


#WAGMI! 🚀 🚀

2 people like this

Ready to start your journey with us?

Trusted by over 100,000 users from around the world.

Create Free Account

Other Top Cryptocurrencies

Algorand Price FAQ

What Is the Highest Price of Algorand (ALGO) in USD?

Algorand (ALGO) price history shows the highest value of 2.42 USD . We recorded this price on September 13, 2021, but we cannot exclude that a higher price was registered before April 16, 2020.

What Is the Lowest Price of Algorand (ALGO) in USD?
How to buy Algorand (ALGO)?
What Is the Current Price of Algorand (ALGO) in USD?
Is Algorand (ALGO) a good investment?