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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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$0.19
24h Volume
$128,491,977
Market Cap
$1,653,915,488
24h Low/High
$0.19 /
$0.20
24h
3.4%
7d
15.8%
Latest Algorand News
News
Brazilian neobank giant Nubank has expanded its crypto offerings, adding support for ADA, NEAR, ATOM, and ALGO. Nubank, a Brazilian neobank with over 85 million customers, is expanding its crypto offering with four new tokens, giving clients of its crypto…
Predictions
Algorand and its token, ALGO, are positioned by developers as the foundation for a future borderless economy. However, the ALGO coin has been struggling in the past month. Is Algorand a good investment? When will this token rise? Find out…
ALGO
Algorand
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…
ALGO
Algorand
News
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.
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.
Markets
Algorand seems to be on for a good market day recording an increase of over 6% in price valuation within a 24-hour period. This comes amid an India move by the web3 startup.
ALGO
Algorand
News
Algorand has introduced AlgoKit, a comprehensive toolkit designed to support developers as they transition to the emerging web3 landscape.
News
Algorand (ALGO) wallet provider MyAlgo has asked users to withdraw all funds in their wallets or rekey them to new wallets as soon as possible following a breach that compromised $9.2 million. In a tweet posted on March 7, MyAlgo,...
News
The Algorand Foundation has announced the appointment of Jessica Tsai Chin as its new chief marketing officer. Chin, a marketing veteran, previously worked with WhatsApp, Nike and Apple. Despite the current crypto market downturn, Web3 projects have continued to build...
News
India's MAPay has launched an NFT-based health data storage system on Algorand.
News
The Algorand blockchain network recently announced to its over 300, 000 subscribers on Twitter that its nodes are back on Binance. Hence, users can start withdrawing and depositing in USDC via the nodes as of tomorrow, 30th November 2022. Algorand...
News
The 2022 FIFA World Cup begins as football fan token falls in price. Chiliz (CHZ), Algorand (ALGO), and Cronos (CRO) are having a bad day amidst the FIFA frenzy. FIFA crypto sponsor tokens crash as new season begins All FIFA-supporting...
News
Former Blockchain.com executive Min Wei will join the Algorand Foundation as global head of ecosystem growth, according to a press release on November 15, 2022. Algorand hires Min Wei The Algorand Foundation, a non-profit community organization, focused on protocol governance,...
News
Oases World Cup NFT Sale Campaign is among the most exciting World Cup-themed events organized by blockchain projects.
News
Milkomeda has taken the initiative to boost blockchain's efficiency by launching the A1 Roll-up on the Algorand ecosystem.
News
Algorand (ALGO) has signed a partnership deal with AnChain.AI.With the new alliance, the platform's developers can now take advantage of AnChain.AI’s artificial intelligence-powered solutions.
News
Ethereum finally switched to a proof of stake system (PoS). Is this consensus style the future and will it reduce the industry's carbon emissions?
News
Algorand Foundation announced a $35 million USDC blow after Hodlnaut, a crypto lender based in Singapore, suspended all withdrawal transactions from the platform on August 8th, 2022. The Fallout In a post issued on Algorand’s official Foundation website, Algorand announced...
News
The latest release of the Algorand (ALGO) protocol (Algorand 3.9) comes with several improvements that offer users and developers increased speed and performance. The team claims Algorand 3.9. can execute up to 6,000 transactions per second with a sub-four second...
ALGO
Algorand
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