coinALGO #65

Algorand

0.23472091687USD-2.56%-2.56%As of: May 12, 18:45 UTC

Key Statistics

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Algorand Converter

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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.
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Price Performance

1D
-2.56%
7D
17.75%
30D
25.50%
YTD
-28.68%
1Y
30.80%
Key Statistics
24H Range
Low$0.23168573261High$0.24888511014
24h Volume
154.6M
Market Cap
2B
Circulating Supply
8.6B
Total Supply
8.6B
Rank
65
Market Cap Dominance
0.06%
Max Supply
10B
Fully diluted market cap
20K
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.08
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