Algorand key statistics
As of July 28, 2026, Algorand (ALGO) is trading at $0.0812, down +3.50% over the past 24 hours. It ranks #82 by market cap, currently $727.91M, with $17.76M traded in the last 24 hours. Circulating supply is 8.97B ALGO out of a maximum 10.00B ALGO.
Fully diluted valuation
Volume / mkt cap
Max supply
From all-time high
Supply issued · 89.7% of max
Algorand price chart
Chart data: TradingView · BINANCE:ALGOUSDT. May differ slightly from the CoinGecko quote above. Not investment advice.
Price history from Binance daily closes (ALGO/USDT) – hover for the date and price. Each window shows only real data; nothing is padded.
Algorand (ALGO) price prediction
Bearish regime| Horizon | Days | Bear | Base | Bull | Base vs now |
|---|---|---|---|---|---|
| 24 hours | 1 | $0.0763 | $0.0806 | $0.0852 | -0.7% |
| 7 days | 7 | $0.0660 | $0.0800 | $0.0971 | -1.4% |
| 30 days | 30 | $0.0475 | $0.0764 | $0.1229 | -5.9% |
| 90 days | 90 | $0.0275 | $0.0692 | $0.1741 | -14.8% |
| 1 year | 365 | $0.00787905 | $0.0515 | $0.3368 | -36.5% |
| End of 2027 | 520 | $0.00493888 | $0.0464 | $0.4368 | -42.8% |
| End of 2028 | 886 | $0.00199524 | $0.0372 | $0.6934 | -54.2% |
| End of 2030 | 1,616 | $0.00081163 | $0.0259 | $1.35 | -68.1% |
Model-based scenarios. Not financial advice. Updated 55 minutes ago.
How we forecast →Model inputs: 221 days of price history · realized volatility 3.83%/day.
What is Algorand (ALGO)?
Algorand (ALGO) is a layer-1 blockchain founded by Silvio Micali, an MIT professor and 2012 Turing Award winner in cryptography (shared with Shafi Goldwasser). Micali was a co-inventor of probabilistic encryption and verifiable random functions, the latter of which forms the cryptographic heart of Algorand's consensus protocol. The blockchain launched its mainnet in June 2019 after raising over $60 million in a Dutch auction token sale.
Algorand's consensus mechanism is called Pure Proof of Stake. Unlike delegated proof-of-stake systems, every ALGO holder can participate in consensus without delegation, and validators are selected randomly in proportion to their stake using a cryptographic verifiable random function that cannot be predicted or manipulated in advance. Once selected, validators communicate using a Byzantine Agreement protocol. The result is claimed fast finality (blocks finalise in seconds) with no forks and without requiring a large amount of staked capital to participate.
Algorand has targeted institutional and government use cases, including stablecoin issuance (Circle's USDC has been issued on Algorand), central bank digital currency pilots in several countries and asset tokenisation projects. The Algorand Foundation funds ecosystem development and research. A recurring criticism has been that early token sales created significant selling pressure on ALGO from early backers, which has weighed on the price. As with all crypto, ALGO is volatile. This page is information only and is not financial advice; always do your own research.
Written and reviewed by the TheWeal editorial team.
Algorand analysis
Technicals · levels · performance · valuation · historyTechnical analysisDaily · updated 5 hours ago
A technical reading from 261 days of real Binance closes – moving averages and oscillators only. It describes recent price behaviour and is not a price prediction and not investment advice.
Support & resistanceDaily pivot levels
Classic pivot levels computed from the most recent daily candle (high, low, close). Reference levels only – not investment advice.
PerformanceReturn over each window
ValuationWhere price sits today · from real history
Percentage below the running peak close (0% = a fresh all-time high). Real Binance daily closes.
Price vs 200-day average
Distance below the record price
Where price sits in its yearly range
14-day price momentum
Cycle & valuation gauges computed from real daily closes (Binance). Educational context only – not investment advice.
Correlationsvs top coins · 120-day daily returns
Pearson correlation of daily returns over the last ~120 days (−1 inverse · 0 none · +1 lockstep). From real Binance closes.
Price historyMonthly returns & daily OHLC
Each bar is that calendar month’s price change (first close to last), from real Binance daily closes.
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | $0.0849 | $0.0849 | $0.0809 | $0.0822 | 13.40M ALGO | -3.18% |
| Jul 26, 2026 | $0.0842 | $0.0854 | $0.0837 | $0.0849 | 12.29M ALGO | +0.83% |
| Jul 25, 2026 | $0.0860 | $0.0885 | $0.0837 | $0.0842 | 20.41M ALGO | -2.09% |
| Jul 24, 2026 | $0.0833 | $0.0875 | $0.0816 | $0.0861 | 26.48M ALGO | +3.36% |
| Jul 23, 2026 | $0.0844 | $0.0850 | $0.0817 | $0.0832 | 14.36M ALGO | -1.42% |
| Jul 22, 2026 | $0.0847 | $0.0853 | $0.0830 | $0.0844 | 15.13M ALGO | -0.35% |
| Jul 21, 2026 | $0.0833 | $0.0853 | $0.0830 | $0.0846 | 14.90M ALGO | +1.56% |
| Jul 20, 2026 | $0.0828 | $0.0837 | $0.0816 | $0.0834 | 14.86M ALGO | +0.72% |
| Jul 19, 2026 | $0.0833 | $0.0834 | $0.0815 | $0.0829 | 14.12M ALGO | -0.48% |
| Jul 18, 2026 | $0.0828 | $0.0840 | $0.0817 | $0.0833 | 13.48M ALGO | +0.60% |
| Jul 17, 2026 | $0.0824 | $0.0835 | $0.0813 | $0.0828 | 18.67M ALGO | +0.49% |
| Jul 16, 2026 | $0.0851 | $0.0858 | $0.0821 | $0.0824 | 19.46M ALGO | -3.17% |
| Jul 15, 2026 | $0.0849 | $0.0861 | $0.0839 | $0.0850 | 13.35M ALGO | +0.12% |
| Jul 14, 2026 | $0.0837 | $0.0861 | $0.0830 | $0.0848 | 14.26M ALGO | +1.31% |
Daily open/high/low/close and base-asset volume from Binance (ALGO/USDT). Change is close vs open.
Algorand tokenomics
Supply figures are live from CoinGecko. A capped max supply means new ALGO issuance is finite; an uncapped or inflationary supply behaves differently. This is information only, not investment advice.
Where to buy Algorand (ALGO)
Affiliate disclosure: some links below may be partner links. If you open an account through them, TheWeal may earn a commission at no extra cost to you. This never affects which exchanges we list or what we write. See our affiliate disclosure. Nothing here is financial advice – do your own research.
Always confirm an exchange operates legally in your country and supports ALGO before signing up. Crypto is volatile and largely unregulated; never invest more than you can afford to lose.
How to store Algorand
ALGO can be held in the official Pera Wallet or other Algorand-compatible wallets. Hardware wallet support is available via Ledger.
Your recovery phrase is the master backup — store it offline and never share it. This is general information, not financial advice.
Algorand (ALGO) FAQ
Is ALGO a good investment?
We don't give recommendations. ALGO is volatile and institutional adoption of its blockchain has been slower than some proponents expected. Do your own research.
What is pure proof of stake?
Algorand's pure proof-of-stake randomly selects validators proportionally to their stake using cryptographic randomness, aiming for security and fairness without delegation or lockups.
How are TheWeal's ALGO predictions made?
Model-based scenarios from price history and volatility — not a forecast and not advice. See methodology.
Can I lose money holding ALGO?
Yes. Crypto prices can fall sharply. Never invest more than you can afford to lose.
Is Algorand a good investment?
We don’t give buy or sell recommendations. Whether any asset suits you depends on your own goals, time horizon and risk tolerance, and Algorand (ALGO) – like all crypto – is highly volatile and can fall sharply. Read our learn hub and methodology, then do your own research and consider speaking with a licensed financial adviser.
How is the Algorand price on this page sourced?
The Algorand (ALGO) price, market cap and 24-hour volume come from CoinGecko (with CoinPaprika as a fallback); the chart uses Binance daily closes. The time shown near the top of the page is when we last refreshed; figures can lag individual exchanges slightly. Full detail is in our methodology.
Disclaimer: Market data for Algorand is provided by CoinGecko and Binance and may be delayed. Price predictions on this page are model-based scenarios, not a forecast and not financial advice. Nothing here is a recommendation to buy, sell or hold any asset. Cryptocurrencies are highly volatile and you could lose your entire investment – always do your own research and consider speaking with a licensed financial adviser.