Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Algorand price

Algorand priceALGO

Listed
Buy
$0.1697USD
+3.22%1D
The price of Algorand (ALGO) in United States Dollar is $0.1697 USD.
Algorand (ALGO) has been listed in the Innovation and Layer1 Zone. You can quickly sell or buy ALGO. Spot Trading Link: ALGO/USDT.
New users can get a welcome gift package worth 6200U, Claim it now>>
Price chart
Algorand price USD live chart (ALGO/USD)
Last updated as of 2025-11-07 15:54:32(UTC+0)

Live Algorand price today in USD

The live Algorand price today is $0.1697 USD, with a current market cap of $1.49B. The Algorand price is up by 3.22% in the last 24 hours, and the 24-hour trading volume is $79.85M. The ALGO/USD (Algorand to USD) conversion rate is updated in real time.
How much is 1 Algorand worth in United States Dollar?
As of now, the Algorand (ALGO) price in United States Dollar is valued at $0.1697 USD. You can buy 1ALGO for $0.1697 now, you can buy 58.92 ALGO for $10 now. In the last 24 hours, the highest ALGO to USD price is $0.1674 USD, and the lowest ALGO to USD price is $0.1538 USD.

Do you think the price of Algorand will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Algorand's price trend and should not be considered investment advice.

Algorand market Info

Price performance (24h)
24h
24h low $0.1524h high $0.17
All-time high (ATH):
$3.28
Price change (24h):
+3.22%
Price change (7D):
-7.62%
Price change (1Y):
+36.21%
Market ranking:
#54
Market cap:
$1,492,033,626.51
Fully diluted market cap:
$1,492,033,626.51
Volume (24h):
$79,851,797.3
Circulating supply:
8.79B ALGO
Max supply:
--

About Algorand (ALGO)

What Is Algorand?

Algorand is a decentralized network that was designed to address the Blockchain Trilemma, which encompasses the challenges of achieving speed, security, and decentralization simultaneously. Founded by the computer scientist and MIT professor Silvio Micali in 2019, Algorand is an open-source blockchain platform that anyone can build upon. It stands out for its impressive capability to process over 1,000 transactions per second (TPS) and achieve transaction finality in less than five seconds. This rapidity is combined with a strong emphasis on security and decentralization.

The platform uses a Proof-of-Stake (PoS) consensus mechanism and distributes validator rewards to all holders of its native ALGO cryptocurrency. This approach ensures both high throughput and equitable community incentivization, making Algorand suitable for a wide range of global applications.

Algorand's architecture is unique, featuring a two-tiered blockchain structure. The base layer, Layer 1, supports smart contracts, asset creation, and atomic swaps between assets. This layer ensures security and compatibility. The second layer, Layer 2, is reserved for more intricate smart contracts and decentralized application (dApp) development. This bifurcation allows Algorand to process transactions efficiently, with simple transactions being processed swiftly on Layer 1 without interference from more complex smart contracts

Resources

Official Whitepaper: https://algorand.com/technology/white-papers

Official Website: https://algorand.com/

How Does Algorand Work?

Algorand operates on the Proof of Stake mechanism, termed Pure Proof of Stake (PPoS). This consensus mechanism is highly democratized, requiring only one ALGO coin to participate, making it accessible to a broad range of users. In the PPoS system, validator nodes are chosen randomly to confirm transaction data in a block.

This process involves two phases: proposing and voting. Any member of the Algorand network can partake in these phases by staking ALGO and generating a valid participation key. The proposal phase involves the selection of a block leader to propose the current block. This leader is chosen through Algorand's verifiable random function (VRF), a mechanism that selects nodes in a provably random manner. Following the proposal, the voting phase begins, where Participation Nodes are elected to a committee responsible for ensuring the integrity of the current block. If the block is approved, it's added to the blockchain; if not, the network enters recovery mode.

What Is The ALGO Token?

ALGO is Algorand's native cryptocurrency. The total supply of ALGO is capped at 10 billion coins. The current circulating supply of ALGO is 7.8 billion. It plays a pivotal role in the network's structure. Unlike many other platforms where only block producers receive rewards, in Algorand, rewards are distributed among all ALGO coin holders. This inclusive approach means that all ALGO coin holders can earn an annual percentage yield (APY). Users don't need to actively stake the coin for block production; merely holding ALGO in a non-custodial wallet or on an exchange allows them to access earned rewards.

Algorand's Impact on Finance

Algorand is making significant strides in the financial sector, particularly in the realm of decentralized finance (DeFi). The platform's efficiency, security, and scalability make it an attractive choice for dApp developers and DeFi traders, especially those seeking alternatives to Ethereum due to its rising gas fees. Additionally, Algorand's capability to host other cryptocurrencies and blockchain-based projects positions it as a direct competitor to Ethereum.

The Algorand Standard Asset (ASA) protocol allows developers to create new tokens or transfer existing ones to the Algorand ecosystem. Notably, stablecoins like USDT and USDC exist as ASAs on Algorand, benefiting from higher throughput and lower transaction fees than on Ethereum. Furthermore, as central banks explore networks for their central bank digital currencies (CBDCs), Algorand emerges as a top contender, with the Marshall Islands already selecting it to host their CBDC.

What Determines Algorand's Price

In the dynamic world of cryptocurrencies, the Algorand price has become a focal point of discussion among investors and crypto enthusiasts. Many are constantly seeking updates on the ALGO price today, which seems to be influenced by a myriad of factors, including its unique blockchain platform renowned for scalability and speed.

Various platforms offer Algorand price predictions, focusing on its Pure Proof of Stake (PPoS) consensus mechanism, a major attraction for large institutions and companies. They utilize Algorand's infrastructure layer to address real-world issues requiring scale, speed, and cost efficiency. Furthermore, the ALGO crypto price is significantly impacted by the initiatives and developments spearheaded by the Algorand Foundation. This non-profit entity nurtures the Algorand ecosystem through vibrant community engagement, innovative research, and governance initiatives.

Investors keeping a close eye on the Algorand ALGO price live must note that the ALGO coin price is inherently tied to its utility within the network. The current Algorand price may fluctuate based on transaction fees on the network, which stood remarkably low at 0.001 ALGO as of October 2022. The ALGO USD price also tends to respond to participation in the Governance Program, where ALGO can be staked for voting on significant proposals concerning the protocol's future, offering enticing rewards to participants. These aspects, coupled with community engagement, have the potential to elevate the Algorand coin price, as evidenced in various Algorand price charts.

Analyzing the Algorand price history, it's clear that the platform has progressed significantly since its 2017 inception by Professor Silvio Micali. The ALGO market cap has steadily increased, showcasing a network capable of processing up to 6,000 transactions per second. This makes it a formidable competitor against first and second-generation blockchains like Bitcoin and Ethereum. Those conducting ALGO price analyses frequently spotlight the technological advancements and growing adoption of the Algorand blockchain in sectors such as financial services, decentralized finance (DeFi), and fintech.

Looking ahead, the latest news on Algorand paints a promising trajectory for the cryptocurrency. The forecast for Algorand price is bolstered by its green blockchain initiative, where it has considerably offset carbon emissions since April 2021. Furthermore, predictions for the Algorand price in 2023 hinge on ongoing projects in the ecosystem, with a spotlight on decentralized finance sectors like lending and trading. Keeping a tab on real-time ALGO price movements and scrutinizing the ALGO price graph can offer insights into potential growth trajectories. As the ALGO cryptocurrency price reacts to internal ecosystem developments and broader market trends, investors are keenly observing to see if the upward trend in Algorand's token price will persist, reflecting its robust foundation and bright future.

Related Articles about Algorand

Explained: What is Algorand (ALGO) and How Does It Work?

Cardano (ADA) Vs. Algorand (ALGO): How Do They Differ?

Show more

Algorand Price history (USD)

The price of Algorand is +36.21% over the last year. The highest price of ALGO in USD in the last year was $0.6028 and the lowest price of ALGO in USD in the last year was $0.1202.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+3.22%$0.1538$0.1674
7d-7.62%$0.1462$0.1809
30d-25.63%$0.1209$0.2267
90d-39.54%$0.1209$0.2895
1y+36.21%$0.1202$0.6028
All-time-31.59%$0.08761(2023-09-11, 2 years ago)$3.28(2019-06-21, 6 years ago)
Algorand price historical data (all time)

What is the highest price of Algorand?

The ALGO all-time high (ATH) in USD was $3.28, recorded on 2019-06-21. Compared to the Algorand ATH, the current Algorand price is down by 94.83%.

What is the lowest price of Algorand?

The ALGO all-time low (ATL) in USD was $0.08761, recorded on 2023-09-11. Compared to the Algorand ATL, the current Algorand price is up 93.71%.

Algorand price prediction

When is a good time to buy ALGO? Should I buy or sell ALGO now?

When deciding whether to buy or sell ALGO, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget ALGO technical analysis can provide you with a reference for trading.
According to the ALGO 4h technical analysis, the trading signal is Buy.
According to the ALGO 1d technical analysis, the trading signal is Sell.
According to the ALGO 1w technical analysis, the trading signal is Sell.

What will the price of ALGO be in 2026?

In 2026, based on a +5% annual growth rate forecast, the price of Algorand(ALGO) is expected to reach $0.1719; based on the predicted price for this year, the cumulative return on investment of investing and holding Algorand until the end of 2026 will reach +5%. For more details, check out the Algorand price predictions for 2025, 2026, 2030-2050.

What will the price of ALGO be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Algorand(ALGO) is expected to reach $0.2089; based on the predicted price for this year, the cumulative return on investment of investing and holding Algorand until the end of 2030 will reach 27.63%. For more details, check out the Algorand price predictions for 2025, 2026, 2030-2050.

Hot promotions

How to buy Algorand(ALGO)

Create Your Free Bitget Account

Create Your Free Bitget Account

Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account

Verify Your Account

Verify your identity by entering your personal information and uploading a valid photo ID.
Convert ALGO to USD

Convert ALGO to USD

Choose from cryptocurrencies to trade on Bitget.

FAQ

Is Algorand (ALGO) a good investment?

Algorand (ALGO) ranks prominently among the leading 50 cryptocurrencies by market cap as of August 2023, positioning it as a notable investment contender. Here's why ALGO could be a key addition to your investment portfolio: Esteemed Development Team Led by the acclaimed Professor Silvio Micali, a Turing Award recipient, Algorand boasts a team with unparalleled expertise in computer science. Their solid foundation in innovation and research lends credibility to the Algorand project. Eco-friendly and Efficient Algorand's unique Proof-of-Stake (PoS) blockchain emphasizes efficient transaction processing. Renowned for being one of the most environmentally-conscious blockchains worldwide, Algorand ensures dependable, green performance. Seamless Integration with Ethereum The Algorand Virtual Machine (AVM) offers interoperability with Ethereum, a crucial feature enticing dApp developers. By providing an economical and scalable platform for new projects, the expanding Algorand ecosystem positions ALGO as a promising investment. Rising in the Web3 Era Beyond its prowess in DeFi and NFTs, Algorand is poised to shine in the web 3.0 landscape. As web3 applications continue to proliferate on its blockchain, the demand and potential value surge for Algorand can be anticipated.

Where will ALGO price go?

Algorand's (ALGO) potential in the crypto market is underscored by key factors: Ethereum Compatibility and DeFi Boom: ALGO's alignment with Ethereum and the burgeoning DeFi sector positions it favorably. Ethereum's network issues further spotlight Algorand as a viable alternative for developers. Notable Gains: In 2021, ALGO boasted a staggering 250% ROI, marking its place among top-performing cryptocurrencies. This growth was fueled by rising demand for DeFi and Algorand-based dApps. Prospective Upswing: ALGO's future value hinges on sustained tech adoption and overall crypto market sentiment. While its historical performance is commendable, investors should practice due diligence, consider market trends, and gauge risk when investing in ALGO or other digital assets.This makes algo an interesting choice for an investment

What is ALGO Token used for?

Algorand's (ALGO) ecosystem boasts a multifaceted utility: Utility Token of Algorand ALGO serves as the primary currency for transaction fees within Algorand's diverse applications. By staking ALGO, holders participate in the consensus process, bolstering the network's robustness. In return, they gain passive earnings from block creation transaction fees. Invest in ALGO Algorand's compatibility with Ethereum boosts its appeal. As developers and users increasingly embrace the platform, the upward movement in ALGO's price solidifies it as an investment-worthy asset. Generate Steady Earnings Multiple avenues exist for ALGO holders to earn passively. Beyond Algorand blockchain staking, investors can stake on DeFi platforms and exchanges. Lending ALGO on platforms like KuCoin also offers lucrative returns, propelling portfolio growth.

How to stake ALGO on Algorand network

Earning passive income through ALGO staking on the Algorand network is both beneficial and supportive of the blockchain. Here's a step-by-step guide to stake your $ALGO: Get an ALGO-compatible wallet. Some popular choices are Pera Wallet, Atomic Wallet, and Ledger Wallet. Procure ALGO on platforms like KuCoin, then transfer to your wallet. Navigate to the Algorand governance platform, typically located in the staking or governance section of your wallet. Look for the delegate ALGO option within this portal and click on it. A list of validators will appear. These entities ensure the network's security. Note that rewards may differ based on your validator selection. Finalize your delegation and authenticate the transaction using your wallet.

How much can you make from staking ALGO?

The current estimated reward rate of Algorand is 6.86%. This means that, on average, stakers of Algorand are earning about 6.86% if they hold an asset for 365 days.

How often are ALGO rewards distributed?

The Algorand Governance initiative operates in three-month cycles, comprising a registration stage, a balloting phase, and a reward distribution period. ALGO incentives are dispensed within the initial week following the cycle's conclusion

What factors influence the price of Algorand?

The price of Algorand can be influenced by factors such as market demand, technology advancements, partnerships, overall cryptocurrency market trends, and regulatory news.

How has Algorand's price changed over the past year?

Over the past year, Algorand's price has experienced fluctuations due to market volatility, but it has shown resilience and potential for growth with ongoing updates and community support.

What is the current price of Algorand?

To find the current price of Algorand, you can check cryptocurrency tracking websites or the Bitget Exchange for real-time updates.

Is Algorand a good investment at its current price?

Whether Algorand is a good investment depends on individual financial goals and market analysis. It's essential to do thorough research and consider market conditions.

What are the price predictions for Algorand in the next few months?

Price predictions for Algorand vary among analysts, but many consider potential upward trends based on its technology and growing adoption. Always consult multiple sources for predictions.

How does Algorand's use case affect its price?

Algorand's use case as a scalable blockchain for decentralized applications and finance potentially drives demand, which can positively impact its price.

Where can I buy Algorand?

You can buy Algorand on several exchanges including Bitget Exchange, which offers various trading pairs and features.

What changes can I expect in Algorand's price following new partnerships?

New partnerships can create positive sentiment and increased demand, potentially leading to a rise in Algorand's price, depending on market reaction.

How is the overall cryptocurrency market impacting Algorand's price?

The overall cryptocurrency market trends heavily influence Algorand's price, as broader market sentiment can lead to correlated price movements.

Can I track Algorand's price on Bitget Exchange?

Yes, you can track Algorand's price on Bitget Exchange, where you can also see trading volume and market depth to make informed decisions.

What is the current price of Algorand?

The live price of Algorand is $0.17 per (ALGO/USD) with a current market cap of $1,492,033,626.51 USD. Algorand's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Algorand's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Algorand?

Over the last 24 hours, the trading volume of Algorand is $79.85M.

What is the all-time high of Algorand?

The all-time high of Algorand is $3.28. This all-time high is highest price for Algorand since it was launched.

Can I buy Algorand on Bitget?

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

Can I get a steady income from investing in Algorand?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Algorand with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Algorand (ALGO)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

Video section — quick verification, quick trading

play cover
How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Buy Algorand for 1 USD
A welcome pack worth 6200 USDT for new Bitget users!
Buy Algorand now
Cryptocurrency investments, including buying Algorand online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Algorand, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Algorand purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

ALGO/USD price calculator

ALGO
USD
1 ALGO = 0.1697 USD. The current price of converting 1 Algorand (ALGO) to USD is 0.1697. This rate is for reference only.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

ALGO resources

Algorand ratings
4.6
101 ratings

Tags

Contracts:
0...0(Algorand)
Links:

Bitget Insights

Zambo_001
Zambo_001
21h
Altcoin Technical Indicators Signal Potential Shifts
$AVAX Technical signals in notable altcoins suggest the possibility of imminent price movements, according to recent observations by cryptocurrency analyst Ali Martinez. Amid the fluctuating landscape, altcoins such as SEI, PEPE, VeChain (VET), Algorand (ALGO), and Avalanche (AVAX) show potential signs of stabilization and recovery. Martinez’s analyses reveal critical patterns that could influence traders’ decisions in the coming weeks. What Patterns Are Emerging in SEI and PEPE Charts? The SEI cryptocurrency is showing promising signals, as Martinez highlights a purchase cue near its lower price boundary around $0.15. This potential uptrend could see prices climbing towards $0.23 to $0.36. Observing the consolidation within its current channel, an upward trend appears possible if the breakout gains traction. Conversely, PEPE seems to be facing a more bearish scenario. The presence of a head and shoulders pattern points to a downward move towards $0.00000185. This technical marker serves not only as a short-term price target but also as a psychological threshold. Martinez anticipates that the price will briefly stabilize at this level before any further decrease. What Do the Indicators Say About VET, ALGO, and AVAX? For VET and ALGO, Martinez observes dual bottom buy signals using the TD Sequential tool. These signals hint at weakening selling pressures and the potential reversal of trends. VET’s signals suggest a directional shift could be underway, while ALGO’s patterns indicate a strengthening rebound possibility, providing vital insights for traders. The AVAX coin, meanwhile, maintains its $16 support level since March. Martinez notes this stability confirms keen buying interest, which could steer Avalanche’s prices in the medium term. This level acts as a pivotal area for market participants. Points to consider based on Martinez’s insights: SEI shows potential for upward momentum, with targets between $0.23 and $0.36. PEPE’s bearish pattern targets a key support level, indicating possible further declines. VET and ALGO show signs of potential trend reversals with key buy signals. AVAX holds critical support at $16, reflecting strong buyer interest. “In the ever-evolving world of cryptocurrency, patterns and support levels serve as crucial signposts for predicting market movements,” stated Martinez. With the current dynamics, market participants are best served by staying informed about these technical insights. Examining these key indicators can aid in navigating the volatile crypto market conditions.
SEI+4.04%
ALGO+8.95%
Cointelegraph(1)
Cointelegraph(1)
3d
RT @AlgoFoundation: Confidential. Quantum secure. On Algorand. With falcon_verify and HermesVault’s zero-knowledge design, users can now c…
ALGO+8.95%
Mags
Mags
2025/11/02 12:46
$ALGO pumped 485% last November. Old coins are running hard,I don’t see why it can’t hit $1.
ALGO+8.95%
Christofah
Christofah
2025/11/02 08:38
Altcoins worth a closer look 1. Hedera $HBAR 
People are buzzing about Hedera again because of its rock-solid enterprise setup and that clever “gossip about gossip” hashgraph thing it runs on.
It’s solidly in the mid-to-large cap club now, and institutions keep sniffing around.
If you’re eyeing it, dig into the circulating supply, staking perks, where it’s listed, and any fresh enterprise wins. 2. $ALGO Algorand
Algorand keeps popping up on 2025 watchlists—mostly because the tech holds up and the ecosystem’s actually growing.
Stuff to watch: how busy the network is, dev activity picking up, any tweaks to the tokenomics. 3. Zora $ZORA 
Zora’s getting hyped as one of the few alts with a legit chance to tag new all-time highs this month.
Chart-wise, it’s flashing a falling-wedge break and an inverse head-and-shoulders—clean trigger if it holds.
Caveat: still miles from its old peak, so expect wild swings and bigger risk. 4. MemeCore 
Smaller-cap wild card that cracked out of a falling channel—could be the start of something if volume sticks.
But yeah, tiny caps = thin liquidity, reg roulette, and pure hype fuel. Size accordingly or skip it. ✅ How to play these Wait for the macro to tilt toward alts—think BTC dominance fading and money rotating out. Look for clean breaks on the charts with real volume behind them.
HBAR+3.46%
ALGO+8.95%
Blockchain_Matrix
Blockchain_Matrix
2025/10/28 14:48
$ALGO failed to sustain momentum above the key resistance near $0.1912, showing clear rejection from the supply zone. Sellers have regained control, and price is now sliding back toward lower support. If it loses $0.1890, further downside continuation toward the previous swing low is likely. Trade Setup: • Entry Range: 0.1905 – 0.1912 • Target 1: 0.1872 • Target 2: 0.1856 • Target 3: 0.1843 • Stop Loss: 0.1941 Bearish momentum is building as buyers fail to reclaim structure. A clean break below $0.1890 could accelerate the next leg down$ALGO
ALGO+8.95%

Trade

Earn

ALGO is available for trading on the Bitget Exchange, and can be held in custody on Bitget wallet. Bitget Exchange is also one of the first CEX platforms to support ALGO trades.
You can trade ALGO on Bitget.

ALGO/USDT

Spot

ALGO/USDT

Margin

ALGO/USDT

USDT-M Futures