About Algorand

Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.

Happening now

AI generated 6h ago

ALGO is quietly building momentum with trading activity surging roughly

↗31%

in the past 24 hours as

governance updates

energize the community.

See more

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2/3/2026, 5:19:25 AM

Trading Insights

Buyer Ratio

67%0%

Traders

1.8K

16.53%

Buyers

1.2K

21.96%

Sellers

622

2.51%

Searched

883

Market Stats

Market Cap

CA$1.28B

FDV

CA$1.44B

Circ. Supply

8.9B ALGO

Max Supply

10B ALGO

Total Supply

10B ALGO

Performance

Popularity

#61

Dominance

0.04%

Volume (24H)

CA$67.34M

16.91%

Volume (7D)

CA$497.62M

Volume (30D)

CA$2.50B

All time high

CA$3.85

Price Change (1Y)

Not enough data

63.85%

Additional details

Market details

ALGO vs markets

↘ 56.25%

ALGO vs BTC

↘ 55.04%

ALGO vs ETH

↘ 57.69%

Tags

pos

platform

research

smart-contracts

+6

Network & Addresses

Network
Address

Algorand

NA

Price history

Time
Price
Change
Today
CA$0.14
+4.67%
1 Day
CA$0.14
+4.67%
1 Week
CA$0.17
-13.76%
1 Month
CA$0.17
-15.29%
1 Year
CA$0.42
-63.85%

Coinbase insights

Happening now

AI generated 6h ago

ALGO is quietly building momentum with trading activity surging roughly

↗31%

in the past 24 hours as

governance updates

energize the community.


Community engagement strengthening

Strongly positive sentiment and significantly increased online discussions over the past week, combined with active governance participation, show growing interest in this Layer 1 platform.


Trading activity picks up

ALGO's price gained roughly

↗4.4%

in the past 24 hours while trading activity jumped roughly

↗31%

over the same period, reflecting increased investor interest.


Governance participation active

The community remains engaged with the latest xGov Council meeting

and

registry updates

, demonstrating ongoing development and decision-making activity.

Recent trends

The latest ALGO price is CA$0.14. Compared to Algorand's value of CA$0.14 from 24 hours ago, there's been a 5% increase, while the current price is -14% down from CA$0.17 which was recorded one week ago. Algorand's all time high is CA$3.85, which was reached on November 18, 2021. This is a -96% change from its price today.

The current circulating supply of Algorand is 8,868,817,049. This is 89% of its max supply of 10,000,000,000 ALGO and 89% of its total supply of 10,000,000,000. The market cap is currently CA$1.28B, which is a result of multiplying the current price of Algorand(CA$0.14) by the total supply(10,000,000,000 ALGO). The fully diluted valuation of Algorand is CA$1.44B. The diluted valuation of Algorand is CA$1.44B.

Algorand had 1,169 buyers, 622 sellers and total 1,752 trades in the last 24h. Algorand was searched 883 times in the last 24h.

FAQ

Algorand (ALGO) is a distributedledgerthat aims to remove the technical barriers in the blockchain and has a permissionless consensus mechanism

According to the Algorand whitepaper, the current blockchain faces the main challenges of the “blockchain trilemma”: security, scalability, and decentralization.

Algorand relies on randomness to solve the blockchain trilemma and uses the pure proof-of-stake (PPoS) algorithm built on a Byzantine agreement. A Byzantine agreement is a protocol for communication that allows the distributed system users to reach a consensus in the presence of malicious actors. PPoS helps achieve greater scalability without compromising the decentralization and security of the network while preventing a potential 51% attack

ALGO is the native utility token of the Algorand network. The token is used to secure the consensus used to build each block on the platform and pay for every transaction. The platform aims to use the token to govern the growth of the Algorand ecosystem and as governance rewards for those who commit to voting as part of governing.

Silvio Micali is the founder of the platform and has been an MIT faculty member since 1983 in the Electrical Engineering and Computer Science Department. He is the co-inventor of probabilistic encryption, zero-knowledge proofs, verifiable random functions. Steve Kokinos is the CEO and responsible for the overall business vision and strategy. W. Sean Ford is the COO and responsible for go-to-market execution and operations, including product management, engineering, marketing, and global community development. He also ran the Integration Management Office for LogMeIn's acquisition of Jive Communications in early 2018.

The Algorand Foundation is a not-for-profit organization with a vision of a frictionless, borderless economy built on public, decentralized blockchain technology. The Algorand Foundation has built the Algorand blockchain protocol in partnership with Algorand Inc.

On the Algorand platform, every user receives rewards proportional to their stake for every block committed to the chain. Through this process, Algorand aims to encourage users to join the Algorand platform and accelerate the path to decentralization.

The total max supply of ALGO is 10 billion.

Algorand (ALGO) can be traded at an exchange like Coinbase.

We update our Algorand to CAD currency in real-time. Get the live price of Algorand on Coinbase.

The current market cap of Algorand is CA$1.279B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Algorand is CA$3.85. This all-time high is highest price paid for Algorand since it was launched.

Over the last 24 hours, the trading volume of Algorand is CA$67.336M.

Assets that have a similar market cap to Algorand include GateToken, Kaspa, Cosmos, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Algorand is 8.9 billion.

Algorand ranks 15 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 99% of Coinbase users are buying Algorand. In other words, 99% of Coinbase customers have increased their net position in Algorand over the past 24 hours through trading.

Yes, Algorand is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Algorand guide.

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Social stats

Popularity in posts

#161

Contributors

522

Posts

927

% About Algorand

0.137%

Articles

0

X (Twitter)

37.72% bullish

Sentiment

4.4 ★

Highlights

522 unique individuals are talking about Algorand and it is ranked #161 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Algorand has an average sentiment score of 4.4 out of 5. Finally, Algorand is becoming less newsworthy, with 0 news articles published about Algorand.

On Twitter, people are mostly neutral about Algorand. There were 40.69% of tweets with bullish sentiment compared to 7.88% of tweets with a bearish sentiment about Algorand. 59.31% of tweets were neutral about Algorand. These sentiments are based on 904 tweets.

On Reddit, Algorand was mentioned in 20 Reddit posts and there were 322 comments about Algorand. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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