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| Algorand 
| #ALGO
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| ALGO Price: | $0.20 | | Volume: | $40.8 M | | All Time High: | $3.23 | | Market Cap: | $1.7 B |
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| Circulating Supply: | 8,498,011,630 |
| Exchanges: | 47
| | Total Supply: | 10,000,000,000 |
| Markets: | 110
| | Max Supply: | 10,000,000,000 |
| Pairs: | 71
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The price of #ALGO today is $0.20 USD.
The lowest ALGO price for this period was $0, the highest was $0.199, and the exact current price of one ALGO crypto coin is $0.19908.
The all-time high ALGO coin price was $3.23.
Use our custom price calculator to see the hypothetical price of ALGO with market cap of BTC or other crypto coins. |
The code for Algorand is #ALGO.
Algorand is 5.7 years old. |
The current market capitalization for Algorand is $1,691,787,373.
Algorand is ranked #48 out of all coins, by market cap (and other factors). |
The trading volume is large today for #ALGO.
Today's 24-hour trading volume across all exchanges for Algorand is $40,764,880. |
| The circulating supply of ALGO is 8,498,011,630 coins, which is 85% of the maximum coin supply. |
ALGO is the native coin for the Algorand blockchain.
View the full list of Algorand blockchain tokens. |
ALGO is well integrated with many pairings with other cryptocurrencies and is listed on at least 47 crypto exchanges.
View #ALGO trading pairs and crypto exchanges that currently support #ALGO purchase. |
Algorand Boosts Performance in Latest Protocol Upgrade; Incorporates Key New Features for…
Algorand Boosts Performance in Latest Protocol Upgrade; Incorporates Key New Features for Streamlining App Development - Leading Layer 1 Celebrates Four-year Mainnet Anniversary and 30 Millionth Block BOSTON, Mass., June 22, 2023 — Algorand, the pure proof-of-stake Layer-1 blockchain network, continues to deliver the advanced technology required to power real world applications with its latest protocol upgrade that unleashes faster block times, as well as other industry-leading improvements. Today’s protocol upgrade, now live on Mainnet, reduces block time to roughly 3.3 seconds — a more than 10 percent increase in speed — while maintaining instant transaction finality. Algorand’s unique ability to instantly finalize transactions, along with other performance enhancements, empowers Algorand-based applications to deliver a user experience comparable to that of traditional Web2 applications while leveraging the security and decentralization inherent in blockchain technology. This week, the industry-leading protocol also celebrates the four-year anniversary of Algorand Mainnet, and is on track to record its 30 millionth block. Underpinning these achievements is the recognition that Algorand has experienced zero down time since it went live in 2019. Algorand’s latest technical release incorporates valuable feedback from the developer community to ensure application development is faster, more accessible an... 
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Matthew Commons Appointed CFO of Algorand
Accomplished Entrepreneur, Investor and Advisor to the Blockchain Industry brings added depth to support Algorand’s future growth BOSTON, Mass., March 1, 2023 — Algorand, the pure proof-of-stake, carbon-negative Layer-1 blockchain network, today announced the appointment of Matthew Commons as Chief Financial Officer (CFO), effective February 22. Commons joins the Algorand Executive Leadership Team with responsibility for all financial matters spanning day-to-day operations, future growth initiatives, and capital management.“I have long admired Algorand’s technology, and to be able to join at a moment of strategic evolution is incredibly exciting,” said Commons. “There are tremendous opportunities for Algorand to extend its leadership across many sectors of blockchain. One of my first priorities will be to help identify strategic growth areas with the leadership team, and then ensure we have the right financial plans in place to go after them.” Commons brings more than 20 years of relevant experience to his role. Most recently he was Founder and President of Common Partners, an Executive Advisory firm for several well-known blockchain and FinTech firms. Prior to that he was Co-Founder, CEO and Chairman of Cambridge Blockchain Inc. — a company that built blockchain products for banks and institutions, which he successfully sold in 2020 to Blockchains Inc. Earlier in his career Matthew served as the foun...
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AMA With Tech Leaders at Algorand Inc.
Tech leaders from Algorand, Inc. recently took part in an engaging Reddit AMA where they answered the Algorand community’s burning questions about the network’s technology and our development pipeline. The event highlighted the work our tech team is doing to maintain the continued development and improvement of the Algorand blockchain. Here is the abridged version, featuring Algorand Inc.’s talented tech team — Gary Malouf, Head of Engineering; John Jannotti, Head of Applied Research; and Paul Riegle, Chief Product Officer. u/HashMapsData2Value: Why was Go chosen as the language for the official Algorand implementation and not something else (Rust, C++, etc). Was there a particular reason for it? How do you feel about it as Rust has increasingly become the language of choice for many other repos in the burgeoning blockchain and ZKP space? (It should of course be mentioned that half the codebase is composed of C-code with Go wrappers.) Gary: In 2015–2016 when development started, the choice of Go was very clear (you will see this in other blockchains that started being built around this time period). Go provides a strong foundational platform for building on, its well-maintained, and the interoperability with C/C++ makes it a great choice given our cryptography needs. In a recent Twitter Spaces, Gary mentioned low-hanging fruit to reduce Algorand’s 3.7-second block time by 0.3–0.5 seconds. u/algonaut999: Ca...
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ZTLment: Europe’s First Payments Institution Built on Blockchain
Q&A with Mads Stolberg-Larsen, Co-Founder & CEO, ZTLment ZTLment, a smart contract software company, celebrated a major milestone in October. It became the first company in Europe to be licensed to operate fully regulated payments on top of blockchain. ZTLment is now approved to use its smart contract software to move euros peer-to-peer on blockchain rails in full compliance. ZTLment’s blockchain of choice? Algorand. The regulatory implications of this license are significant, as it shows EU supervisory authorities’ willingness to accept blockchain technology. It also opens up countless doors for ZTLment to partner with innovative players within supply chain and trade finance who want to build smart contract workflows. We asked ZTLment Co-founder and CEO Mads Stolberg-Larsen about the path to achieving this milestone, some specifics about the technology, and of course, why Algorand was their blockchain of choice. Tell us more about the license — why is this significant? We have built Europe’s first payments institution on blockchain and achieved regulatory breakthrough. Securing licensing means there is an EU supervisory authority recognizing that it is possible to move fiat currency through a decentralized system, and there is end-to-end compliance in regards to the European open banking framework, Payment Service Directive 2 (PSD2). What is your vision? The ultimate goal is to make cross-border trade ...
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Algorand Chosen as Public Blockchain to Support Digital Guarantees Platform in Italy
BOSTON / MILAN, Dec. 13, 2022 — Algorand Inc., a world leader in Layer-1 blockchain technology, has been selected to be the public blockchain that will support an innovative digital guarantees platform in Italy. The company today joined the Bank of Italy and the Italian insurance authority IVASS, along with more than 30 financial institutions at an event in Milan to illustrate how bank and insurance guarantees can be issued on digital ledger technologies (DLT) also known as blockchain. The event, hosted by CETIF, the Research Center for Technologies, Innovations and Finance of the Catholic University of Milan, will include presentations and live technology demonstrations as part of a three-day forum. CETIF Advisory has been leading an ecosystemic effort to develop a blockchain-based open “Digital Sureties” platform that will serve the needs of Italy’s banking and insurance markets. The new platform is expected to become operational in early 2023 and will be the first time an EU Member State enables the use of blockchain technology for bank and insurance guarantees. Algorand is the only public blockchain that the Digital Sureties platform uses. It is expected that a significant percentage of bank and insurance guarantees will leverage digital ledger technologies as part of Italy’s National Recovery and Resilience Plan (NRRP). The EU allocated roughly 200B Euros to Italy, the largest allocation made to any country...
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The Cool, Fun and Amazing Things to Experience at Decipher 2022
Decipher 2022 is almost here, which means from Nov. 28 to 30, attendees in Dubai can watch more than 50 sessions and hear from more than 120 speakers! Decipher will feature exciting new announcements, showcases of technology and panel discussions with some of the greatest minds in blockchain discussing the future of Algorand and the crypto industry as a whole. — The On Ramp. — The On Ramp will be a dedicated space where attendees can get hands-on experience with the Algorand blockchain. Set up your Algorand wallet, with MyAlgo Wallet and Pera: At this station you can set up a decentralized and secure wallet for all your Algorand blockchain needs., Get hands-on with play-to-earn games: Try out a number of P2E games built on Algorand, including Cosmic Champs, Aegir Tactics, Alchemon, Trantorian, Polynize, Alvatars and ZONE., The On Ramp wouldn’t be complete without your proof of attendance NFT! Claim your official Decipher ’22 POA NFT to memorialize Decipher 2022 in your wallet., — A Plethora of Speakers. — Decipher speakers represent organizations including Binance, Kraken, Flare Network, Sino Global Capital, MidChains, the MEAA Crypto & Blockchain Association, European Parliament, AID:Tech, Napster, LimeWire, Milkomeda, Abu Dhabi Global Market, Visa, Fnatic, Pyypl, Citi, IslamicCoin and more! This will be a chance to learn more about creating a borderless global economy and where blockchai...
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10 Decipher 2022 Speakers We’re Excited For
Decipher 2022 is the second annual gathering of builders, founders, investors, and strategists growing and deciphering the future on Algorand. And it’s just around the corner! Decipher will be held from Nov. 28 to 30 in Dubai (you can watch from home as well!) and will feature a variety of keynote speakers and panels from the Algorand ecosystem and beyond. It’s a chance to learn about everything going on in the Algorand ecosystem, and get insight from some of the top experts in the field. While we’re thrilled to see every single one of the speakers, here are just a few we want to highlight today: — Jon Vlassopulos, CEO, Napster. — Delivering Web2 to Web3 Jon Vlassopulos has worked in media, tech, and advertising for more than 20 years, recently being named the CEO of Napster. The decades-old music service has taken a headfirst dive into the world of Web3, and expect this transition to be discussed during the panel. It will focus on how the transition of Web2 services to Web3 can be executed in a smooth and efficient manner, how business leaders can think about the world of Web3, and what the Web3 means for the future of technology. — Benjamin Ampen, CEO, Kraken MENA. — Building the Next Crypto Capital Earlier this year, the crown prince of Dubai announced a metaverse strategy projected to add 40,000 jobs and $4 billion to the economy in the next five years. This is just one of the many crypto...
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Algorand Protocol Bug Bounty, Up to $2 Million in Rewards
Algorand, the pure proof-of-stake, carbon-negative Layer-1 blockchain network, has announced a $2 million bug bounty program with Immunefi, the leading bug bounty platform for Web3. Launched in partnership with the Algorand Foundation, this program will be focused on further strengthening the security of Algorand’s core protocol.“Algorand was designed to be decentralized, scalable and secure from its inception,” said Paul Riegle, Chief Product Officer at Algorand. “The launch of this program extends upon those principles by incentivizing well-intentioned developers and white hats to further enhance security against bad actors.” Algorand is committed to delivering highly sophisticated blockchain technology and takes the security of the platform and its users very seriously. This program brings the community in as an additional security layer on top of the thorough, ongoing testing and review processes in place during core development. Security is an absolute necessity for a public blockchain in which all participants can safely transact and build reliable, resilient and secure applications. The bug bounty will cover Algorand’s open-source core protocol software. Further details about the scope of assets included in the bug bounty and details on the reward levels can be found on Immunefi. The Algorand Foundation in the near future will also partner with several ecosystem projects, including Folks Finance, for additi...
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6 Clever Uses of the Algorand Blockchain in Gaming
The gaming industry has always been on the cutting edge of technology, from early uses of virtual reality and augmented reality, scanning objects in 3D, to controlling on-screen action with gestures. It’s no surprise, then, that companies have started integrating blockchain technology for different applications in the gaming space, which is estimated to be worth $120 billion by 2025. The Algorand blockchain is a great match for gaming applications. Its decentralized nature allows for accuracy and transparency, its fast and permissionless, and its open source to allow for imaginative and groundbreaking applications. Not to mention the Algorand blockchain is secure, built from the ground up to protect the transactions of all participants. What does this mean for players? Algorand’s speed and near-instant transaction finality ensures that something like an in-game purchase won’t disrupt the player experience, its low cost per transaction (just fractions of a cent) enables participation by a mass consumer base, and the network’s scalability allows applications to accommodate audiences of scale. Finally, the Algorand blockchain will never fork — ensuring the validity and uniqueness of in-game assets will never come into question. Here are six clever uses of the Algorand blockchain in gaming. — 1. Zone - Gamers love earning rewards, whether it’s an awesome skin for their playable character or a rare pet, but ...
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Algorand Appoints Michele Quintaglie as Chief Marketing Officer
Former Visa and Fidelity executive joins leading Layer-1 blockchain network BOSTON, Sept. 21, 2022 /PRNewswire/ — Algorand, the pure proof-of-stake, carbon-negative Layer-1 blockchain network, today announced the appointment of Michele Quintaglie as its Chief Marketing Officer, effective Sept. 19. Joining the Algorand leadership team, she will report to interim CEO Sean Ford and will lead global marketing and communications with a focus on building Algorand’s brand and reach through strategic growth initiatives. In her new role, Quintaglie will enhance Algorand’s position in the marketplace through brand positioning and narrative development, identifying and activating key sponsorships and partnerships, influencer marketing, and supporting future technology launches and market growth initiatives.“It’s exciting to bring an experienced leader like Michele into the role of CMO,” said Sean Ford, Interim CEO at Algorand. “With an extensive track record of proven success in global communications and marketing across the corporate, agency and UN development world, Michele will continue to strengthen Algorand’s profile as a leading provider of Web3 infrastructure.” Quintaglie brings an extensive background in the corporate communications, brand and marketing profession having led teams for several Fortune 100 companies. She served as SVP and Head of Communications for Fidelity Asset Management, an early adopter o...
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