Algorand
ALGO2019
$0.1125
-3.02%
24h Volume
$1.73M
24h High
$0.1166
24h Low
$0.1101
24h Change
-3.02%
About
Algorand is a Layer 1 blockchain that uses a pure Proof of Stake mechanism to deliver fast finality and scalability.
Use Cases
Payments, institutional blockchain applications, DeFi
Technology
Pure Proof of Stake
Categories
Layer 1
Source
Market Sentiment
Sentiment score
3/10
View
Bearish
Key developments
On 14 October 2026 Algorand Foundation chief strategy and marketing officer Marc Vanlerberghe resigned.
Report date: 2026-10-16
This is an analysis output, not investment advice.
+ Strengths
- +Instant transaction finality
- +Energy efficient
- +Institutional partnerships
- Weaknesses
- -Limited DeFi/NFT activity
- -Smaller developer base compared to rivals
Team
Algorand Foundation / Silvio Micali
Launch
2019
Total Supply
9,055,799,033
Circulating Supply
9,055,780,227
Max Supply
10,000,000,000
