Algorand Price
Algorand (ALGO) is a proof-of-stake layer-1 blockchain founded by cryptography pioneer Silvio Micali, designed for fast finality, low fees, and a focus on serious use cases including payments and tokenized assets.
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- Live price, market cap and supply all resolve cleanly from source data.
Risks · headwinds
- Trading 49% below its 52-week high — well off recent peaks.
- Max drawdown of -59% over the window — has endured deep peak-to-trough losses.
Supply structure
Algorand has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Algorand derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert Algorand to US Dollar
Two-way ALGO ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Algorand
Algorand (ALGO) is a proof-of-stake layer-1 blockchain founded by cryptography pioneer Silvio Micali, designed for fast finality, low fees, and a focus on serious use cases including payments and tokenized assets.
Its technical pedigree is strong, and it has pursued institutional and government partnerships, though it competes in a crowded field of smart-contract platforms. ALGO pays fees and secures the network.
ALGO is volatile and high-risk. Track it in your currency here; this is educational coverage, not advice.
The story
Algorand is a pure proof-of-stake layer-1 with fast finality and low fees, built on strong cryptographic research and aimed at payments and tokenization.
The context
Algorand's engineering is well-regarded, but strong technology has not guaranteed ecosystem dominance in a competitive layer-1 market. ALGO tracks real adoption rather than pedigree.
The Digital Take is reasoning and data from the Crypto Ruble Coins Editorial team — context, not a buy or sell call. Not financial advice.
Algorand vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Algorand ALGO | $0.1024 | -5.01% | $870.40M |
| BNB BNB | $723.17 | -3.29% | $101.24B |
| XRP XRP | $1.27 | -2.90% | $73.83B |
| Solana SOL | $100.30 | -4.09% | $47.64B |
| TRON TRX | $0.3296 | -0.03% | $28.54B |
| Monero XMR | $601.81 | -1.81% | $11.10B |
Last updated 24 Oct 2026