Current Algorand Price and Market Data
| Metric | Value |
|---|---|
| Current Price | $0.18257201 |
| 24-Hour Change | +5.7% |
| Market Cap | $1,576,717,970 |
| Circulating Supply | 8,636,142,843 ALGO |
| 24-Hour Trading Volume | $136,772,224 |
Detailed ALGO Price Statistics
Market Performance
- 1-Hour Change: +0.62%
- 7-Day Change: +3.03%
- 30-Day Change: -9.25%
- All-Time High: $3.00 (November 18, 2021)
Supply Metrics
- Total Supply: 8,446,894,635 ALGO
- Max Supply: 10,000,000,000 ALGO
Price Range
- 24-Hour High/Low: $0.190807 / $0.171317
- 7-Day High/Low: $0.182307 / $0.172811
- 30-Day High/Low: $0.204957 / $0.158774
ALGO Price History (Recent 10 Days)
| Date | Open Price | High Price | Low Price | Close Price | Volume |
|---|---|---|---|---|---|
| 02 Jul 25 | $0.171197 | $0.176147 | $0.170995 | $0.175574 | 120,239,690 |
| 01 Jul 25 | $0.185647 | $0.192049 | $0.169833 | $0.171176 | 144,622,289 |
| 30 Jun 25 | $0.185924 | $0.187077 | $0.177168 | $0.185506 | 92,447,045 |
| ... | ... | ... | ... | ... | ... |
Where to Buy Algorand (ALGO)
👉 Top-rated crypto exchanges for ALGO trading
| Exchange | Trading Pair | Price (USD) | 24h Volume |
|---|---|---|---|
| Binance | ALGO/USDT | $0.18 | $8,628,612 |
| OKX | ALGO/USDT | $0.18 | $2,153,078 |
| KuCoin | ALGO/USDT | $0.18 | $1,549,687 |
Global ALGO Conversion Rates
- 1 ALGO to USD: $0.182572
- 1 ALGO to EUR: €0.154633
- 1 ALGO to GBP: £0.132808
- 1 ALGO to JPY: ¥26.177721
Key Algorand Ecosystem Developments
Major Milestones
- 2019: Official launch by Turing Award winner Silvio Micali
- 2021: $100M ecosystem fund by Arrington Capital
- 2022: FIFA World Cup blockchain partnership
- 2023: Cross-chain interoperability upgrades
Recent Innovations
- State proofs implementation for enhanced security
- EVM compatibility through SupaGrant initiative
- Digital guarantees integration in Italy
Frequently Asked Questions (FAQs)
What determines Algorand's price?
ALGO's price is influenced by market demand, ecosystem developments, and broader crypto market trends. The project's unique pure proof-of-stake consensus mechanism also impacts valuation.
How does Algorand compare to Ethereum?
While both support smart contracts, Algorand offers faster transactions (4-second finality) and lower fees (~$0.001 per transaction) compared to Ethereum. However, Ethereum has a larger developer community.
Where can I stake ALGO tokens?
ALGO can be staked directly in the official Algorand wallet, with current APY around 5-7%. No minimum stake amount or lock-up period is required.
👉 Secure your ALGO holdings with trusted wallets
Market Outlook and Analysis
Despite recent price fluctuations, Algorand maintains strong fundamentals with:
- Growing institutional adoption
- Increasing DeFi ecosystem (Algofi, Tinyman)
- Carbon-negative blockchain operations
Technical indicators suggest potential resistance at $0.19, with support near $0.17. The upcoming implementation of Algorand 2.0 features could drive renewed interest in Q3 2025.