Algorand (ALGO)

The maximum supply is capped at 10.00 B ALGO.

Algorand is grouped under: Smart Contract Platform, Proof of Stake (PoS), Real World Assets (RWA), CoinList Launchpad, Quantum-Resistant.

We track 7 trading pairs for ALGO; the full list with venues is on the coin's "Exchanges" tab.

Our database holds 2,692 days of daily price history for ALGO.

Algorand is ranked #75 by market capitalisation, at 819.24M $. Market capitalisation is price multiplied by circulating supply, so it moves with both — a coin can climb the ranking without its price rising, simply by issuing more.

9.07 B ALGO are in circulation, which is 90.7 % of the declared maximum. The remainder enters the market on the schedule written into the protocol, and until it does, the circulating figure is what market capitalisation is computed from — not the cap.

Over the last twelve months the price of ALGO fell by 41.8 %. That is the change of the quote itself and says nothing about what comes next: crypto drawdowns of tens of percent within a year are ordinary, not exceptional.

Algorand is the native coin of its own blockchain: transaction fees in that network are paid in it, and its issuance is set by the protocol rather than by a contract on someone else's chain.