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$0.2380USD

+1.89%1D

The Algorand (ALGO) price in United States Dollar is $0.2380 USD as of 07:49 (UTC) today.

Algorand (ALGO) has been listed in the Innovation and Layer1 Zone. You can quickly sell or buy ALGO. Spot Trading Link: ALGO/USDT.

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Price chart

Algorand price USD live chart (ALGO/USD)

Last updated as of 2025-09-17 07:49:22（UTC+0）

Live Algorand price today in USD

The live Algorand price today is $0.2380 USD, with a current market cap of $2.09B. The Algorand price is up by 1.89% in the last 24 hours, and the 24-hour trading volume is $73.45M. 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 $0.2380 USD. You can buy 1ALGO for $0.2380 now, you can buy 42.02 ALGO for $10 now. In the last 24 hours, the highest ALGO to USD price is $0.2401 USD, and the lowest ALGO to USD price is $0.2317 USD.

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Algorand market Info

Price performance (24h)

24h

24h low $0.2324h high $0.24

All-time high:

$3.28

Price change (24h):

+1.89%

Price change (7D):

+1.11%

Price change (1Y):

+89.48%

Market ranking:

#54

Market cap:

$2,088,712,664.29

Fully diluted market cap:

$2,088,712,664.29

Volume (24h):

$73,454,522.16

Circulating supply:

8.78B 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.

AI analysis report on Algorand

Today's crypto market highlightsView report

Today's Algorand price performance summaryView report

Algorand project analysis reportView report

Algorand Price history (USD)

The price of Algorand is +89.48% 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 $0.1059.

TimePrice change (%)

Lowest price

Highest price

24h+1.89%$0.2317$0.2401

7d+1.11%$0.2287$0.2601

30d-6.64%$0.2229$0.2810

90d+38.95%$0.1527$0.3348

1y+89.48%$0.1059$0.6028

All-time-1.32%$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 92.74%.

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 171.65%.

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 Sell.

According to the ALGO 1d technical analysis, the trading signal is Neutral.

According to the ALGO 1w technical analysis, the trading signal is Buy.

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Algorand technical analysis

Algorand price prediction

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Global Algorand prices

How much is Algorand worth right now in other currencies? Last updated: 2025-09-17 07:49:22（UTC+0）

ALGO to ARS

Argentine Peso

ARS$349.74 ALGO to CNY

British Pound Sterling

£0.17 ALGO to BRL

Brazilian Real

R$1.26

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FAQ

What is the current price of Algorand?

The live price of Algorand is $0.24 per (ALGO/USD) with a current market cap of $2,088,712,664.29 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 $73.45M.

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)?

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ALGO/USD price calculator

ALGO

USD

1 ALGO = 0.2380 USD. The current price of converting 1 Algorand (ALGO) to USD is 0.2380. Rate is for reference only. Updated just now.

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ALGO resources

Algorand ratings

4.6

101 ratings

Tags：

PoS

Platform

Research

Smart Contracts

Contracts:

0...0(Algorand)

Links:

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Bpay-News

18h

$ALGO Price Analysis - September 16, 2025 ALGO price prediction points to $0.26 target within $ONE week as technical indicators show early bullish momentum despite current bearish sentiment from analyst forecasts.

ALGO+0.33%

mehr_123

19h

AVNT's Perpetual Surge: Navigating the RWA DEX Breakout Wave

Launchpad Liftoff Hey folks, as a four-year vet digging through crypto charts on platforms like Bitget, I've seen my share of moonshots and corrections. AVNT, the token powering Avantis, caught my eye big time this week. It's a Real-World Asset perpetuals DEX built on Base, letting traders dive into crypto and commodities—all decentralized and transparent. Backed by heavy hitters, it's racked up over $20 billion in volume since February 2024. The project's zero-fee perpetuals twist, where you only pay if you profit, is a game-changer for retail folks like us. From my own tracking, AVNT launched around September 9, 2025, starting at about $0.18, and boom—surged 576% to an all-time high of $1.57 just days later. That's the kind of velocity that reminds me of early DeFi darlings, but with real utility baked in. Catalyst Cocktail What fueled this rocket? Fresh listings and airdrops lit the fuse. Bitget rolled out AVNTUSDT futures on September 9 with 20x leverage, sparking massive interest. Trading bots support came along, making it easier for algo traders to jump in. My internal data shows daily volume exploding from under $100 million pre-launch to over $1.2 billion in 24 hours recently. Partnerships with institutional backers added credibility—think seamless RWA leverage without the old-school broker hassle. But not all smooth: Reports of a $4 million Sybil attack on the airdrop raised eyebrows, where fake accounts gamed the system. From my experience, these hiccups often lead to short-term dips but strengthen protocols long-term if handled well. Circulating supply sits at about 263 million out of 1 billion total, with FDV around $1 billion—plenty of room for growth if adoption sticks. Social Buzz Breakdown Scouring social feeds, sentiment's mixed but leaning bullish. Traders are hyped about the leverage plays, with posts tagging AVNT in long setups targeting $1.30+. One signal I spotted called for entries at $0.98 with stops below $0.92, eyeing quick flips. Warnings pop up too—like one user predicting a drop to $0.0001, but that feels like FUD without backing. Broader lists lump AVNT with hot names like SOL and PEPE, showing it's on radars. From my own sentiment scans (using basic tools like keyword tracking), positive mentions spiked 300% post-launch, but pullback talks are rising. Community's active, though no massive Telegram or Discord numbers yet—early days mean organic growth potential. I've learned not to chase hype blindly; real volume tells the tale, and AVNT's $1.36 billion 24h turnover screams legitimacy Fundamental Foundations Diving deeper into what makes AVNT tick, it's all about bridging tradfi and DeFi. Users trade equities or indices onchain, no KYC walls. TVL's at $18.8 million, with market cap/TVL ratio around 14—solid, not overinflated like some rugs. Run-rate revenues hit $15 million+, per project data. Tokenomics: 26% circulating, vesting schedules likely lock up the rest for team and liquidity. My thinking? In a bull market, RWAs could explode as regs evolve—AVNT positions as a frontrunner. Compare to similar DEXs I've analyzed; most cap at 100x leverage, but 500x here amps risk-reward. Risks include Base chain congestion, but with Coinbase ties, scalability's probable. Overall, fundamentals scream undervalued at current levels, especially post-correction from ATH. Chart Canvas Close-Up Now, Price's at $1.0941 to $1.0925, up 0.83%-0.81% intraday, but down from the $1.5217 ATH. That peak's now major resistance, as labeled, with a blue arrow pointing to potential upside if broken. Candles show a sharp climb followed by red pullback bars, classic post-pump consolidation. Volume's healthy; OBV rose from 48.51M to 49.14M, indicating accumulation despite the dip. From my charts archive, this mirrors a July altcoin rally where OBV led a 22% bounce—could happen again if buyers defend $1.02 support. Indicators Indicators add color: Stoch RSI (3,3,14, close) at 0.50-2.84 suggests neutral to oversold territory, coiling for a reversal. Not screaming overbought like at ATH, so room to run. Consecutive Up/Down Strategy (3,3) flags three greens before the downturn—textbook for building bases. My custom scans show RSI divergences often precede 15-20% moves in new tokens. Pair that with climbing OBV, and it's buyer-friendly. But watch for breakdowns; if OBV slips below 45M, bears could dominate. Short-Term Structure Snapshot Short-term, AVNT's in an ascending channel from $0.6526 low, bullish overall but testing patience. ATH at $1.5217 flips to resistance; recent high $1.1340, low $1.0943. Support cluster at $1.0200-1.0300, tested resiliently. Close above $1.1097 could spark retest of $1.20, then ATH. Below $1.0200 shifts neutral-bearish. Volume needs 50M+ OBV for breakout—my historical comps on similar tokens confirm this threshold for sustained upsides. Risk Radar No rose-tinted glasses here—crypto's volatile. AVNT's new, so liquidity risks loom; that Sybil issue could erode trust if not addressed. Broader market dips (Bitcoin hovering $58k) might drag it down. My rule: Diversify, don't bet the farm. Upside? If RWAs catch fire, $2+ by year-end isn't wild—price predictions float $1.80-$2.50 for 2025. Trade Structure Guide Longs: Dip-buy $1.0200-1.0300, stop below $0.9800, targets $1.2000 then $1.5217 (R:R 1:3). Shorts: Enter under $1.0941, stop above $1.1097, target $1.0200 (R:R 1:2). Scale out half at first target; trail stops on momentum shifts. Risk max 1% per trade—upside bias, but honor resistance. $AVNT

HOT-0.41%

AVNT-9.38%

Bpay-News

$ALGO Price Falls to $0.23 as Trading Volume Drops Despite Weekly Gains Algorand ($ALGO) trades at $0.23 after a 5.11% daily decline, though technical indicators suggest potential bullish momentum despite reduced market conviction.

ALGO+0.33%

Bpay-News

$ALGO Price Prediction: Targeting $0.26-$0.29 by October 2025 Despite Recent Decline ALGO price prediction shows potential 13-26% upside to $0.26-$0.29 resistance levels within 4-6 weeks, despite current -5.67% daily decline to $0.23 support zone.

ALGO+0.33%

CRYPTOHEIGHTS

TOP 10 ALTCOINS SET TO CREATE MILLIONAIRES IN 2025 🚀💰 The next Altseason is closer than you think! These powerful altcoins are packed with innovation, strong ecosystems, and real-world use cases that could deliver life-changing gains in 2025. Here are the ones the crypto community is watching closely: Polkadot (DOT) – $100 to $150 The backbone of the multichain future, connecting multiple blockchains seamlessly. Solana (SOL) – $200 to $300 Ultra-fast, low-cost, and dominating NFTs and DeFi with unmatched scalability. Chainlink (LINK) – $50 to $75 The leading oracle network bringing real-world data to smart contracts across Web3. Cardano (ADA) – $10 to $20 Research-driven, eco-friendly, and built for long-term scalability. Cosmos (ATOM) – $20 to $30 The “Internet of Blockchains,” making cross-chain communication a reality. Avalanche (AVAX) – $150 to $200 High-performance, low-fee blockchain rivaling Ethereum in speed and adoption. VeChain (VET) – $0.50 to $1.00 Enterprise-focused, powering supply chain management with blockchain transparency. Algorand (ALGO) – $5 to $10 Secure, scalable, and gaining momentum with global government use cases. Elrond (EGLD) – $300 to $400 Blazing-fast transactions and low fees, tailored for Web3 and DeFi growth. Tezos (XTZ) – $20 to $35 Energy-efficient, self-upgrading blockchain expanding into NFTs and DeFi ecosystems. 🔥 These altcoins combine innovation, strong communities, and practical use cases. With the right timing, they could be your ticket to millionaire status in 2025.

LINK+0.32%

DOT-0.58%

Algorand technical analysis

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