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Launched in 2017 by computer scientist Silvio Micali, Algorand (ALGO) employs a pure proof-of-stake (PoS) consensus mechanism, which aims to ensure swift and efficient transactions without compromising on decentralization.
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$0.193185
24h Volume
$145,908,940
Market Cap
$1,638,764,043
24h Low/High
$0.176729 /
$0.194683
24h
-0.29%
7d
-14.97%
Latest Algorand News
Markets
Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December. The ongoing decline is largely attributed to worsening market sentiment in…
ALGO
Algorand
Markets
Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion. This rally happened after data…
Markets
Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.
Markets
Algorand price experienced a strong bullish breakout on Nov. 29 as cryptocurrencies continued their uptrend. Algorand (ALGO), a top layer-1 network, surged to $0.40, marking its highest level since November 2022. The cryptocurrency has risen for four consecutive weeks, climbing…
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Algorand
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More than 24,000 United Nations staff are set to gain blockchain skills as the UN expands its academy, developed in partnership with the Algorand Foundation. The United Nations Development Programme is expanding its blockchain education academy to provide training to…
ALGO
Algorand
News
The Algorand Foundation has introduced LiquidAuth, a new tool to decentralize wallet authentication and communication in crypto.
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Algorand
News
Tether plans to sunset USDT minting on two major blockchain ecosystems over a year-long transitionary period.Â
News
Layer-1 blockchain network Algorand has critiqued Bitcoin, Ethereum, and Solana in its latest ad, indicating the three are inefficient for day-to-day use. The Algorand Foundation dropped a new ad on May 23, calling it “when blockchains meet the real world,…
News
Ripple joined Swirlds Labs and the Algorand Foundation as a founding member of the DeRec Alliance.
News
The Algorand Foundation, a blockchain platform with fast and cheap transactions, reported that its head’s X account was hacked. According to a Jan. 26 post, its CEO, Staci Warden’s Twitter account has been hacked. Project representatives warned users not to…
News
The DeRec Alliance, formed by key players in Hedera and Algorand ecosystems, aims to create a decentralized digital asset recovery system.
News
The United Nations Development Programme has partnered with Algorand Foundation to provide its staff with blockchain knowledge and insights. In a press release on Nov. 30, 2023 the Algorand Foundation has announced the launch of a blockchain academy to bolster…
ALGO
Algorand
Markets
The Algorand-based AI-powered content publishing platform LimeWire is back on trends with its native utility token, LMWR, reaching its 25-week high. LMWR is up by 85% in the past 24 hours and is trading at $0.36 at the time of…
News
Algorand’s largest decentralized finance (defi) protocol Algofi will shut down as the platform says it is unable to maintain the highest standards following a “confluence of events.” Algofi sunsetting operations Algofi announced the news in a Medium blog post on…
ALGO
Algorand
News
Borderless Capital, Polygon Ventures, and others launch $50m cross-chain interoperability initiative
Top blockchain teams and venture funds, including Algorand Foundation, Arrington Capital, and others, have come together to establish a $50 million Cross-Chain Ecosystem Fund.
News
Coinbase's chief legal officer has responded to the recent de-listing of XRP by the Firm. This comes after concerns were expressed over why Algo was retained on the exchange amid the XRP de-listing.
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