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Algorand (ALGO) price
Algorand is a pure proof-of-stake blockchain designed for fast finality and low fees.
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About Algorand
Algorand is a pure proof-of-stake blockchain designed for fast finality and low fees. Like all crypto assets, its price is driven by supply and demand, news, adoption and overall market sentiment, and it can change quickly.
Frequently asked questions
What is Algorand?
Algorand is a pure proof-of-stake blockchain designed for fast finality and low fees.
Is Algorand a good investment?
No one can promise returns. Algorand can rise or fall sharply, so research the project, understand the risks, and only use money you can afford to lose. This page is information, not financial advice.
How can I follow the ALGO price?
Use the live price on this page, or open the Dutch Trade app to view ALGO charts, order books and markets in one place.
Algorand is listed under Layer 1 blockchains. Layer 1 (L1) blockchains are base networks that process and settle their own transactions, such as Ethereum, Solana and Cardano. They differ in how they reach consensus, how fast and cheap transactions are, and what developers can build on them.
Learn before you trade
Key terms: market capitalization, volatility, liquidity, risk management.