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About Algorand (ALGO)
Algorand is a proof-of-stake blockchain that eliminates the possibility of hard forks. The Algorand platform allows users to create tokens and dApps using a unique "pure proof-of-stake" consensus mechanism that, unlike other PoS systems, requires no "bonding" period. Algorand is also the first blockchain to provide immediate transaction finality, removing the risk of forking.
Algorand (ALGO) Price Today
Algorand price today is $0.44.
48,003,775 ALGO was purchased today on Kraken worth $20,900,844. Check out the ALGO chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive ALGO price alerts. Kraken lets you buy and sell 321 cryptocurrencies, including ALGO. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.
Algorand (ALGO) Price History
Algorand price is +130.17% over the last year. The highest price of ALGO in the last year was undefined and the lowest price of Algorand in the last year was undefined.
24h
+16.67%
7d
+21.11%
1m
+7.47%
1y
+130.17%
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Categories
Kraken classes Algorand to be within the following categories: Smart Contract Platform, Layer 1, Algorand Ecosystem, Proof of Stake.
Get started with Algorand
Buy Algorand
Learn how to buy Algorand easily and safely through Kraken.
Sell Algorand
Cash out of Algorand with flexible funding options.
Algorand rewards
See if you can earn rewards on your Algorand.
Algorand FAQ
Can I trade Algorand at a lower price?
Yes, you can choose what price you pay for Algorand using Custom Orders on Kraken. If the price of Algorand reaches to your desired price, the order will execute automatically.
Is now a good time to buy Algorand?
Timing the market can be tough, but dollar cost averaging can help. By setting up recurring buys, you can constantly accumulate Algorand over time and not worry about whether or not now is the best time to buy.
What is the daily trading volume of Algorand?
48,003,775 ALGO worth $20,900,844 was traded on Kraken in the last 24 hours.
What affects the Algorand price?
A variety of factors affect the price of Algorand including market sentiment, technical developments, user adoption and macro economic events.
How do I read the Algorand price chart?
To read the Algorand price chart, it can be useful to start by understanding the X-axis (which represents time) and the Y-axis (which represents the price). A line chart connects a crypto asset's closing prices with straight lines to clearly display its performance over time.
How can I analyze prices with the Algorand chart?
Analyzing price movement using the ALGO chart can involve identifying areas of support and resistance, or using technical analysis which is the study of past price movements to forecast future trends. However, it's important to remember that no method can predict prices with 100% accuracy due to the market's volatility.
Algorand markets
Explore popular Algorand trading pairs on Kraken. You can swap ALGO for cash, stablecoins or other digital assets.
Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Algorand. Check out some of the top trading pairs on Kraken today.
Content provided herein may originate from third parties not associated with Payward Ventures, Inc. (D/B/A Kraken) or any of its subsidiaries. Kraken does not vouch for or take responsibility for such third-party content. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Any reliance on this content is at the reader’s own risk. Kraken shall not be held liable for inaccuracies or any decisions made based on this content. Kraken does not endorse nor validate the accuracy of the information provided for any specific asset. Displayed prices are merely representative and the actual values and related data may differ. The unpredictable nature of the cryptoasset markets can lead to loss of funds.
