price
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$0.19
$0
(0%)
24h low
$0.19
24h high
$0.19
The live Algorand price today is $0.19 USD with a 24-hour trading volume of $871.24K USD. The table above accurately updates our ALGO price in real time. The price of ALGO is up 0.4% since last hour, down -1.64% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $15.49M USD. ALGO has a circulating supply of 8.17B coins and a max supply of 8.17B ALGO.
about Algorand
What is Algorand?
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Unlike other PoS models, PPoS does not reward, nor does it put validator or user funds at risk of being slashed (a loss of funds used to promote honest node and user behavior). Algorand intends to eventually leverage its PPoS design to form the foundation for an on-chain governance system.
market data
Market Cap
$ 1.55B
-1.64 %
Market Cap Rank
#71
24H Volume
$ 38.81M
Circulating Supply
8,200,000,000
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recent research
Research
Bitcoin L2s aim to boost scalability while preserving decentralization and security, unlocking a better user experience, and new avenues for Bitcoin-powered innovations. However, no existing Bitcoin L2 leverages the full security of Bitcoin.
Research
Despite crypto gaming related projects and funds raising close to a billion dollars in November 2021, there have been only a handful of games that have attracted users apart from mercenary capital, and have had sustained activity for longer than a few months.Crypto gaming is going through an infrastructure phase. Theoretically, crypto gaming stands to benefit from purpose-built, high throughput chains, where blockspace is cheap (especially for games which are fully onchain). However, despite the launch of many gaming-focused chains, most crypto games are lacking in quality and quantity. Most new crypto gaming infrastructure either have no games or only a few games launched (e.g. Xai) or have failed to garner meaningful attention (e.g. Immutable X).
by Boccaccio
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