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Algorand (ALGO) price
Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page
Algorand (ALGO) is a smart contract blockchain secured by Pure Proof of Stake consensus.
- Market cap
- $814.2M
- 24h volume
- $34.9M
- Volume / market cap
- 4.28%
- Fully diluted value
- $814.2M
- Circulating supply
- 9.08 B ALGO
- Total supply
- 9.08 B ALGO
- Max supply
- 10.0 B ALGO
- 24h range
- $0.0880 … $0.0932
- All-time high
- $3.56June 20, 2019
Analytics
What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.
Volatility
89%high2.0× higher than Bitcoin over the same week.
Link to Bitcoin
0.70clearMostly moves with Bitcoin. When Bitcoin moves 1%, ALGO moves 1.4% on average.
From the all-time high
−97.48%far belowThe high of $3.56 was set on June 20, 2019.
Liquidity
4.3%normalA day’s trading equals 4.3% of market cap. Trades steadily, no frenzy.
Supply issued
91%nearly all90.8% of the max supply is out.
Place in the week’s range
11%near the bottomThe week ranged from $0.0883 to $0.1013, with a max drawdown of −12.83%.
Market share
0.03%smallShare of the top-100 market cap.
What is Algorand
Algorand is a public layer 1 blockchain for smart contracts, and ALGO is its native coin. It was created by Silvio Micali, an MIT professor and Turing Award-winning cryptographer. The idea took shape in 2017, and mainnet launched in June 2019 after a public testnet in April. The Algorand Foundation drives development of the protocol and its ecosystem, and in January 2026 it announced its return to the United States.
The network runs on Pure Proof of Stake. In every round, a cryptographic lottery based on a verifiable random function (VRF) picks a block proposer and voting committees from participating ALGO holders, weighted by stake. Coins are not locked and stay in the holder’s wallet. Blocks are confirmed through Byzantine agreement and are final at once, with no forks (competing versions of the chain). Blocks arrive roughly every 2-3 seconds, and the minimum fee is 0.001 ALGO. Since 2025, consensus participants holding at least 30,000 ALGO earn rewards for the blocks they propose. Supply is capped at 10 billion ALGO.
Algorand is used for payments, token issuance and tokenizing real-world assets. A token or NFT can be created with a single transaction and no smart contract (the Algorand Standard Assets standard), and smart contracts can be written in Python, among other languages. To guard against future quantum computers, the network signs its State Proofs, compact attestations of chain history, with post-quantum Falcon signatures. Instant finality has a trade-off: if nodes lose contact on a large scale, the network stops producing blocks rather than splitting into two chains.
What it’s used for
- paying fees on the Algorand network
- taking part in consensus and earning block proposal rewards
- issuing tokens and NFTs as ASAs
- payments and transfers
Risks
- Algorand competes with larger smart contract ecosystems, and demand for ALGO depends on how actively apps and token issuers use the network.
- Consensus rewards are partly funded by the Algorand Foundation, and the threshold and terms are set by Foundation decisions and community votes, so they can change.
- Hacks of apps built around the network hurt its users: in February 2023 about $9.6 million was stolen through the MyAlgo wallet, although the protocol itself was not breached.
Questions
How much is Algorand worth today?
As of November 11, 2026, Algorand trades at $0.0897. Over 24 hours the price moved −2.65%, over 7 days −4.17%. The price on this page refreshes automatically.
How many ALGO are in circulation?
9.08 B ALGO are in circulation. Max supply is 10.0 B ALGO, so 90.8% has been issued. The fully diluted value of all coins is $814.2M.
What is the Algorand all-time high?
The all-time high of $3.56 was set on June 20, 2019. The price is now 97.48% below it. The all-time low was $0.0757 (July 29, 2026).
What is Pure Proof of Stake in Algorand?
It is a form of proof of stake in which any ALGO holder connected to the network can take part in consensus without locking coins. In each round a VRF picks the block proposer and voting committees, with the chance of selection tied to the amount of ALGO held. A confirmed block is final at once, and the network does not fork.
How do ALGO staking rewards work?
Since 2025 the protocol pays rewards to accounts that run a node, register for consensus and hold at least 30,000 ALGO: each block they propose earns them a share of fees plus a bonus. Holders of smaller amounts take part through pools and liquid staking services, which have their own terms and risks.
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Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.