Algorand Price ALGO
Rank #84Algorand (ALGO) is a Layer 1 (L1) cryptocurrency trading at $0.0758 as of Sat, 14 Nov 2026 23:15:03 UTC, down 10.20% in the last 24 hours and down 19.81% over the past week. It is the #84 cryptocurrency by market capitalisation, with a market cap of $688.06M and $41.80M traded in 24 hours, trading 98% below its all-time high of $3.56.
Algorand (ALGO) is a Layer 1 (L1) cryptocurrency, trading at $0.0758 (down 10.20% today) and ranked #84 by market capitalization, as of Sat, 14 Nov 2026 23:15:03 UTC.
- Price: $0.0758 (-10.20% 24h, -19.81% 7d)
- Market cap: $688.06M · rank #84
- All-time high: $3.56 (-97.65%) · Jun 20, 2019
- Circulating supply: 9,079,900,473 ALGO of 10,000,000,000
- 24h volume: $41.80M
Algorand Price Chart
Algorand Converter
ALGO → USD from CoinGecko; NGN at the Nigerian P2P market rate; other currencies via live FX. Full converter →
How much is Algorand worth?
| Amount | USD | Naira (₦) |
|---|---|---|
| 0.1 ALGO | $0.007583 | ₦10.71 |
| 0.5 ALGO | $0.0379 | ₦53.54 |
| 1 ALGO | $0.0758 | ₦107.07 |
| 5 ALGO | $0.3791 | ₦535.35 |
| 10 ALGO | $0.7583 | ₦1,070.71 |
| 50 ALGO | $3.79 | ₦5,353.53 |
| 100 ALGO | $7.58 | ₦10,707.05 |
Algorand Market Statistics
Algorand Price Performance
| Period | 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|---|
| Change | -0.75% | -10.20% | -19.81% | -12.02% | -24.09% | -49.39% |
Algorand Key Statistics
How Algorand Compares
Algorand (ALGO) side by side with the market's largest cryptocurrencies.
| Coin | Price | 24h | 7d | Market Cap | Rank |
|---|---|---|---|---|---|
| Algorand ALGO | $0.0758 | -10.20% | -19.81% | $688.06M | #84 |
 Bitcoin BTC | $63,692.00 | -6.21% | -16.17% | $1.28T | #1 |
 Ethereum ETH | $1,744.51 | -9.06% | -21.90% | $213.06B | #2 |
What would Algorand be worth at a bigger market cap?
A hypothetical: ALGO's price if it reached today's largest market caps at its current circulating supply. Illustrative only — not a prediction or target.
| If ALGO had the market cap of… | Implied ALGO price | vs today |
|---|---|---|
| Bitcoin ($1.28T) | $141.12 | 1861.0× |
| Ethereum ($213.06B) | $23.48 | 309.7× |
About Algorand
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
Categories: Smart Contract Platform · Layer 1 (L1) · Algorand Ecosystem · Real World Assets (RWA) · DWF Labs Portfolio · Multicoin Capital Portfolio
How Algorand Works
Algorand is a decentralized blockchain platform designed to provide fast, secure, and scalable transaction processing for a variety of applications, including decentralized finance (DeFi), payments, and asset tokenization.
The platform uses a pure proof-of-stake (PPoS) consensus mechanism, which allows it to achieve high transaction throughput and low latency while maintaining security and decentralization. Algorand's protocol is designed to finalize transactions instantly and support smart contracts through its layer-1 architecture.
What Moves the Algorand Price
Algorand's price is influenced by its adoption in enterprise and institutional settings, as the platform is often highlighted for its scalability and speed, making it attractive for large-scale applications.
The overall demand for blockchain solutions in sectors like DeFi, real estate, and supply chain management can impact Algorand's value, as it positions itself as a platform for such use cases.
Regulatory developments and broader market conditions in the cryptocurrency space can also affect Algorand's price, as they do for most digital assets.
The release of new features, partnerships, and technological advancements within the Algorand ecosystem can drive interest and investment in the platform.
Algorand's tokenomics, including its fixed supply and distribution mechanisms, play a role in influencing its market dynamics.
Algorand Tokenomics & Supply
Algorand has a circulating supply of 9,079,900,473 ALGO out of a maximum of 10,000,000,000 ALGO, and a total supply of 9,079,736,262 ALGO. Its fully diluted valuation is $761.40M.
About 90.8% of Algorand's maximum supply of 10,000,000,000 ALGO is in circulation. The remaining 9.2% — roughly 920,099,527 ALGO — has yet to enter the market, a potential dilution of up to about 10% in the token count if it is all eventually issued.
At today's price that overhang is worth about $73.34M — the gap between Algorand's market cap ($688.06M) and its fully-diluted valuation ($761.40M). A market-cap-to-FDV ratio of 0.90 means roughly 90% of the token's eventual supply value is already circulating; the lower this ratio, the more future supply could weigh on price.
Supply figures from CoinGecko; dilution and ratios computed by TLT from them. Information only — not financial advice.
Where to Buy Algorand
You can buy Algorand (ALGO) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, ALGO is also available via local exchanges and P2P — see our ALGO in naira page. Always compare fees and use reputable platforms.
Buy Algorand (ALGO) in Nigeria
Algorand priced in Nigerian naira at the P2P market rate — what Nigerians actually pay — alongside the official USD/NGN rate.
One ALGO costs about ₦107.37 to buy on Nigerian P2P markets and sells for about ₦106.77. The P2P USDT/NGN rate (₦1,412) sits 4.4% above the official USD/NGN rate of ₦1,352.36, so dollar-priced crypto effectively carries that spread when you buy with naira.
P2P rates from Nigerian exchanges; spreads vary by amount and payment method. Verify live rates and fees before trading. Not financial advice.
Algorand Markets & Exchanges
Top exchanges where Algorand (ALGO) trades, by reputation and 24-hour volume.
| # | Exchange | Pair | Price | Volume (24h) |
|---|---|---|---|---|
| 1 | HTX | ALGO/USDT | $0.0838 | $2.29M |
| 2 | Binance | ALGO/USDT | $0.0838 | $1.68M |
| 3 | Coinbase Exchange | ALGO/USD | $0.0838 | $1.40M |
| 4 | Coinbase Exchange | ALGO/EUR | $0.084 | $1.05M |
| 5 | Kraken | ALGO/USD | $0.0839 | $859.86K |
| 6 | Upbit | ALGO/KRW | $0.0862 | $814.84K |
| 7 | OKX | ALGO/USDT | $0.0838 | $747.38K |
| 8 | Kraken | ALGO/USDT | $0.0839 | $632.59K |
| 9 | Bybit | ALGO/USDT | $0.0838 | $585.04K |
| 10 | Binance | ALGO/USDC | $0.0838 | $564.86K |
Market data from CoinGecko, ranked by exchange reputation and 24-hour volume. Exchange links open externally — verify fees and terms before trading. Not financial advice.
Algorand in Other Currencies
Related Cryptocurrencies
Algorand FAQ
What is the price of Algorand today?
As of Sat, 14 Nov 2026 23:15:03 UTC, Algorand (ALGO) is trading at $0.0758, down 10.20% over the last 24 hours. Its market capitalization is $688.06M, ranking it #84 among all cryptocurrencies.
How much is 1 Algorand worth in USD and Naira?
One ALGO is worth $0.0758 — about ₦107.07 at the Nigerian P2P market rate as of Sat, 14 Nov 2026 23:15:03 UTC. For example, 0.5 ALGO = $0.0379 and 10 ALGO = $0.7583. Use the converter on this page to price any amount of ALGO in USD, Naira or other currencies.
What would Algorand be worth at Bitcoin's market cap?
If Algorand reached Bitcoin's current market capitalization of $1.28T at its present circulating supply, one ALGO would be worth about $141.12 — roughly 1861× today's price. This is a hypothetical illustration based on market caps, not a prediction or target. Crypto is volatile — not financial advice.
How can I buy Algorand in Nigeria?
You can buy Algorand (ALGO) in Nigeria on local exchanges such as Quidax and Busha, or peer-to-peer (P2P). At the current P2P rate, 1 ALGO costs about ₦107.37, with the P2P naira rate carrying roughly a 4.4% premium over the official USD rate. Compare fees and verification requirements first — see our naira on-ramp comparison. Not financial advice.
What is Algorand's market cap?
Algorand has a market capitalization of $688.06M (rank #84), calculated as its circulating supply of 9,079,900,473 ALGO multiplied by the current price of $0.0758.
What is the all-time high of Algorand?
Algorand's all-time high is $3.56, reached on Jun 20, 2019. At $0.0758 today, it is 97.6% below that peak.
How many ALGO are there?
Algorand has a circulating supply of 9,079,900,473 ALGO out of a maximum of 10,000,000,000 ALGO, and a total supply of 9,079,736,262 ALGO.
Will Algorand go up? Is it a good investment?
No one can reliably predict whether Algorand will rise or fall — anyone promising guaranteed ALGO returns is not trustworthy. Algorand is an established asset, but all crypto is volatile. Research it yourself and only risk what you can afford to lose. This is not financial advice.
Where can I buy Algorand?
You can buy Algorand (ALGO) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, ALGO is also available via local exchanges and P2P — see our ALGO in naira page. Always compare fees and use reputable platforms.
What consensus mechanism does Algorand use?
Algorand uses a pure proof-of-stake (PPoS) consensus mechanism, which allows for fast transaction processing and high security without the need for energy-intensive mining.
How does Algorand ensure security and decentralization?
Algorand ensures security and decentralization through its PPoS consensus, where validators are selected randomly and secretly based on the number of tokens they hold, reducing the risk of collusion and attacks.
What are some potential use cases for Algorand?
Algorand is designed for a wide range of applications, including decentralized finance (DeFi), asset tokenization, payments, and other blockchain-based solutions that require high throughput and low latency.
Cite this page
TLT — Token Ledger Times. (2026). Algorand (ALGO) price and market data. Token Ledger Times. Retrieved November 14, 2026 UTC, from https://tlt.ng/coin/algorand/@misc{tlt-algorand,
author = {{TLT --- Token Ledger Times}},
title = {Algorand (ALGO) price and market data},
year = {2026},
howpublished = {\url{https://tlt.ng/coin/algorand/}},
note = {Source-stamped market data; accessed November 14, 2026 UTC}
}Figures on this page change continuously — please cite the URL together with the "last updated" time above. Every figure is stamped with its upstream source for independent verification.
Data from CoinGecko & Binance, source-stamped above. Information only — not financial advice. Crypto is volatile and high-risk.