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
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Price is below the 50-day average, which sits below the 200-day — a classic downtrend alignment.
- Trading 75% below its 52-week high — well off recent peaks.
- Max drawdown of -75% 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 | $0.0849 | +2.17% | $721.65M |
| BNB BNB | $576.59 | +1.51% | $80.72B |
| XRP XRP | $1.09 | +1.49% | $63.03B |
| Solana SOL | $76.61 | +1.11% | $36.39B |
| TRON TRX | $0.3257 | -0.37% | $28.21B |
| Monero XMR | $326.30 | -0.31% | $6.02B |
Last updated 14 Jul 2026