Binance
Markets
Trade
Square
Algorand Price

Algorand Price (ALGO)

Contract Address: 0
$0.0777142
Page last updated: 8/18/26, 2:39 AM (UTC)

Algorand Market Stats in USD

Popularity
#64
Market Cap
$701.5M
Volume (24hours)
$11.3M
Circulation Supply
9B•90.26%
Total Maximum Supply
10B
Fully Diluted Market Cap
$777.1M
Issue Date
Jun 20, 2019
Algorand Resources
WhitepaperAlgoland Foundation WebsiteOfficial Algoland Website
You Buy
Algorand Price
ALGO
You Spend
Rate
1 ALGO ≈ USD 0.0777142
Buy ALGO
Binance has the lowest transaction fee rate amongst all major trading platforms.
Binance
0.1%
Kraken
0.26%
Coinbase
1.99%

Price of Algorand Today in USD

The live Algorand price today is $0.0777142 USD. Track the latest ALGO to USD price, 24-hour price movement, market capitalization and trading volume in real time. Algorand price has changed by -2.59% over the past 24 hours, with a circulating supply of 9B.

Algorand Price History

24H
7D
1M
3M
1Y

All Time High

$3.28

Current

$0.0777142

24H High

$0.0797489

24H Low

$0.0776973

24H Change

-2.59%

Algorand (ALGO) to USD Conversion Calculator

ALGO/USD conversion rates
0.1 ALGO
$0.0077714
1 ALGO
$0.0777142
10 ALGO
$0.7771419
100 ALGO
$7.77
0.5 ALGO
$0.0388571
2 ALGO
$0.1554284
5 ALGO
$0.388571
50 ALGO
$3.89
200 ALGO
$15.54
500 ALGO
$38.86
USD/ALGO conversion rates
$100
1,286.76622765 ALGO
$1,000
12,867.66227649 ALGO
$10,000
128,676.62276493 ALGO
$100,000
1,286,766.22764925 ALGO
$200
2,573.5324553 ALGO
$500
6,433.83113825 ALGO
$2,000
25,735.32455299 ALGO
$5,000
64,338.31138246 ALGO
$20,000
257,353.24552985 ALGO
$50,000
643,383.11382463 ALGO
(Use our ALGO to USD conversion table to check how much Algorand is worth in US dollars at the current live rate).

Crypto Market Sentiments

Fear & Greed Index

How do you feel about Algorand today?

0%
0%
Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 ALGO worth $0
Trade on Binance

Why Is Algorand (ALGO) Down Today?

Algorand (ALGO)'s price declined by 2.59% over the past 24h, possibly reflecting reduced trading activity and broader market caution affecting crypto assets.
Recent market activity suggests moderating buying momentum, which may reflect short-term adjustments in trading activity following recent price movements.
At the same time, broader trends across the crypto market may be contributing to normal price fluctuations, influencing Algorand (ALGO)'s performance alongside other digital assets.

Crypto Time Machine

Compare crypto returns versus Gold and Silver
What if I invested
USD
Back in
Select Coin
VS

Ready to buy? Trade faster, anytime on the app

Track Algorand price movements, explore market trends, crypto news and never miss an update. Download the Binance app to trade and track on the go.
4.6 / 5
91K Reviews
Download on the App Store
4.6 / 5
4M+ Reviews
Get it on Google Play

What Can You Do With Algorand (ALGO)?

Spot

Buy and sell cryptocurrencies on the spot market.

Earn

Deposit your crypto holdings and earn; 180+ coins supported.

Pay

Use your crypto for purchases, send crypto anywhere globally.

Convert

Instantly swap your crypto holdings at zero cost.

Store

A self-custody wallet to swap tokens, grow your portfolio.

Binance Alpha

Stake crypto to earn new tokens

Why Use Binance to Track Algorand Price?

Real-time Algorand market data

Track live ALGO price movements, market cap, trading volume, and other key metrics to stay informed about Algorand market activity.

Trade from the Largest Crypto Selection, Anytime

Explore hundreds of cryptocurrencies and markets on Binance, whether you're actively trading or monitoring market trends.

Trusted by 300M+ Users Worldwide

Our multi-tier and multi-cluster system architecture, along with the SAFU (Secure Assets Fund for Users), helps safeguard user accounts and funds.

24/7 Customer Support

Customer support is available around the clock in multiple languages to assist users whenever needed.

People Also Ask: Other Questions About Algorand

What is 1 Algorand Price in USD today?

The live Algorand price today is $0.08 USD per ALGO. Binance updates the ALGO/USD price in real time based on current market data.

How much is 1 Algorand in USD?

One Algorand is currently worth $0.08 USD. Since the ALGO price changes throughout the day, the USD value of 1 ALGO will also change.

How is the Algorand price in USD calculated?

The Algorand price in USD reflects current ALGO trading activity across cryptocurrency markets. Binance displays a live reference price based on available market data and updates it as market conditions change.

What affects the ALGO to USD price?

The ALGO to USD price is influenced by supply and demand, market liquidity, investor sentiment, macroeconomic conditions, regulatory developments and activity across global crypto markets.

How is the price of Algorand (ALGO) calculated on Binance?

The price of Algorand (ALGO) on Binance is based on live market data from active trading pairs involving Algorand. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as ALGO/USDT, ALGO/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Algorand.

Why does the price of Algorand (ALGO) change?

The price of Algorand (ALGO) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for Algorand increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of Algorand (ALGO)?

The price of Algorand (ALGO) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Algorand over time.

Why does the price of Algorand (ALGO) differ across crypto exchanges?

The price of Algorand (ALGO) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Algorand (ALGO), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Algorand by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of Algorand (ALGO)?

Circulating supply refers to the number of Algorand tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for Algorand (ALGO) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Algorand price page and get notified when the target is reached.

Is Algorand (ALGO) a better investment than gold or silver?

Algorand (ALGO), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Algorand is a digital asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of Algorand (ALGO)?

The current price of Algorand (ALGO) is $0.08. Top cryptocurrency prices are updated in real-time on Binance’s price directory.

What is ALGO Used For?

ALGO is used as a means of value transfer within the Algorand ecosystem; it is also used to secure the Algorand network. ALGO is also staked by network validators and used to reward them for their assistance in validating transactions while keeping the PoS blockchain secure. ALGO price is available live on Binance.

How Do Network Consensus and Validation Work on Algorand?

Algorand uses a PoS consensus model in which participants stake ALGO tokens to validate transactions and secure the blockchain.

Who is the Algorand Founder?

Algorand was founded by Silvio Micali, a computer scientist at the Massachusetts Institute of Technology (MIT), in 2017.

What is the Maximum Token Supply of Algorand?

The total supply of Algorand is limited to 10 billion ALGO tokens. At the time of writing, the circulating supply of ALGO is 7,126,147,542 tokens.

What Makes Algorand Different From Others?

Algorand’s founder, Silvio Macali, received the Turing Award in 2012 for his work in cryptography. The network offers similar functionality to Ethereum while operating on a PoS consensus model. Thanks to its carbon offset initiatives, Algorand is also a carbon-neutral blockchain network.

In February 2022, the Algorand Foundation dedicated $10 million to the development of The London Bridge to connect to the Ethereum blockchain, in an effort to attract more liquidity to the Algorand network. The robust DApps and vibrant Ethereum ecosystem offered promise to potentially attract more users to the low-cost, efficient blockchain platform.

How To Buy ALGO?

ALGO can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live ALGO price is updated in real time on Binance. For additional instruction and other relevant information, users can read our How to buy Algorand (ALGO) Guide.

How Much Will ALGO Be Worth in the Future?

Check out our ALGO Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

About Algorand

Algorand (ALGO) is an open-source blockchain network and cryptocurrency designed to facilitate mainstream adoption of blockchain technology. It also aims to expand the use cases of digital currencies by accelerating transaction verification rates. 

First launched in 2019, Algorand seeks to provide a similar transaction throughput rate as major centralized payment processors like Visa or Mastercard. It does so through the integration of scalability features like relay nodes, which are used to create efficient communication paths. At the same time, blockchain information is continuously compressed in order to reduce the data burden on Algorand network participants.

Algorand also provides smart contract functionality, making it possible for developers to create and deploy decentralized applications (DApps) and smart contracts on its blockchain.

Algorand is considered a third-generation blockchain. The network uses a proof-of-stake (PoS) consensus model in which validators help keep the network secure through transaction validation and block generation. The current price of ALGO is updated and available in real time on Binance.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.