ALGO
ALGO

Algorand price

₺7.6456
+₺0.14589
(+1.94%)
Price change for the last 24 hours
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Algorand market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
₺65.79B
Circulating supply
8,609,592,021 ALGO
86.09% of
10,000,000,000 ALGO
Market cap ranking
43
Audits
CertiK
Last audit: Feb 9, 2023, (UTC+8)
24h high
₺7.7757
24h low
₺7.4603
All-time high
₺149.44
-94.89% (-₺141.80)
Last updated: Jun 21, 2019, (UTC+8)
All-time low
₺3.2254
+137.04% (+₺4.4202)
Last updated: Aug 18, 2023, (UTC+8)

Algorand Feed

The following content is sourced from .
Teddy
Teddy
Another day, another massive $ALGO news @MidasRWA is launching on their ecosystem allowing all kind of investors to get exposure from US treasury ETFs Massive massive, congrats 🤝
Algorand Foundation
Algorand Foundation
🚨 @MidasRWA , a fully regulated German tokenization platform, launches mTBILL token on Algorand, the first non-EVM launch for the token. mTBILL is a tokenized certificate referencing short-term U.S. Treasury ETFs, available to retail investors across Europe. The redemption value is based on the liquidation proceeds of a reference basket composed of ETFs such as @BlackRock’s IB01 and BUIDL. However, unlike the BUIDL fund, which requires a minimum investment of $5M, mTBILL is structured to allow broader access to short-duration U.S. Treasury exposure, with no minimum investment required. With mTBILL, retail investors have the same access to high-quality assets that institutions enjoy. mTBILL investors will benefit from Algorand’s world-class infrastructure. They can trade at negligible cost, with instant finality, 24/7, without counterparty risk. The first atomic swap transaction with mTBILL was executed on May 27th, swapping $2m USDC for mTBILLs at a cost of 0.002 Algo ($0.0004) in 2 seconds, available on-chain below. The swap was conducted via a third-party tool. Midas does not handle execution. mTBILL is a permissionless token that offers full DeFi composability. These assets will make their way to our DeFi ecosystem in the next few weeks, stay tuned. mTBILL currently offers a yield of 4.06%, based on the trailing 7-day yield of the underlying ETFs, net of fees, as of May 29, 2025. Past performance is not indicative of future results.
84.23K
184
Algorand Foundation
Algorand Foundation
🚨 @MidasRWA , a fully regulated German tokenization platform, launches mTBILL token on Algorand, the first non-EVM launch for the token. mTBILL is a tokenized certificate referencing short-term U.S. Treasury ETFs, available to retail investors across Europe. The redemption value is based on the liquidation proceeds of a reference basket composed of ETFs such as @BlackRock’s IB01 and BUIDL. However, unlike the BUIDL fund, which requires a minimum investment of $5M, mTBILL is structured to allow broader access to short-duration U.S. Treasury exposure, with no minimum investment required. With mTBILL, retail investors have the same access to high-quality assets that institutions enjoy. mTBILL investors will benefit from Algorand’s world-class infrastructure. They can trade at negligible cost, with instant finality, 24/7, without counterparty risk. The first atomic swap transaction with mTBILL was executed on May 27th, swapping $2m USDC for mTBILLs at a cost of 0.002 Algo ($0.0004) in 2 seconds, available on-chain below. The swap was conducted via a third-party tool. Midas does not handle execution. mTBILL is a permissionless token that offers full DeFi composability. These assets will make their way to our DeFi ecosystem in the next few weeks, stay tuned. mTBILL currently offers a yield of 4.06%, based on the trailing 7-day yield of the underlying ETFs, net of fees, as of May 29, 2025. Past performance is not indicative of future results.
210.89K
822
chainyoda
chainyoda
bullish on xrp backed algo stablecoins
70.4K
4
Paweł Łaskarzewski 🛫 Dubai, Token2049
Paweł Łaskarzewski 🛫 Dubai, Token2049
And we have the next one! The @AlgoFoundation and Mann Deshi Foundation are expanding their blockchain-based credit scorecard pilot in India, empowering thousands of women entrepreneurs with access to formal finance. By leveraging @Algorand secure, scalable blockchain, this project creates verified digital identities and alternative credit scores, replacing unreliable paper records. RWA baby!
79.75K
388
Justin Wu π
Justin Wu π
Everyone's talking quantum risk now—BlackRock, Cointelegraph, the whole crew. Meanwhile, $ALGO already shipped post-quantum security. Falcon signatures? Already live. Algorand’s not playing catch up it's playing 4D chess to protect for the future♟️🧠
Algorand Foundation
Algorand Foundation
Quantum computing poses a risk to Bitcoin and other blockchains, as recently warned by @BlackRock. As @Cointelegraph states, Algorand is ahead. "Algorand has already integrated Falcon... backed by encryption that could hold up even if quantum machines go live tomorrow."
78.84K
281

ALGO calculator

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Algorand price performance in TRY

The current price of Algorand is ₺7.6456. Over the last 24 hours, Algorand has increased by +1.95%. It currently has a circulating supply of 8,609,592,021 ALGO and a maximum supply of 10,000,000,000 ALGO, giving it a fully diluted market cap of ₺65.79B. At present, the Algorand coin holds the 43 position in market cap rankings. The Algorand/TRY price is updated in real-time.
Today
+₺0.14589
+1.94%
7 days
-₺0.91085
-10.65%
30 days
-₺1.1435
-13.02%
3 months
-₺1.7507
-18.64%

About Algorand (ALGO)

3.9/5
CyberScope
4.4
04/16/2025
TokenInsight
3.3
02/10/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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  • Official website
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  • About third-party websites
    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

Algorand is a decentralized blockchain network that aims to solve the blockchain trilemma by providing a secure, scalable, and fully decentralized network. Furthermore, because the source code of the Algorand blockchain is entirely open source and permissionless, the network is designed to be accessible and provide an ideal environment for developers to deploy decentralized applications (DApps) rapidly.

The Algorand blockchain is secured by an innovative Pure-Proof-of-Stake (PPoS) consensus mechanism. This gives Algorand the necessary processing power to execute over 1,000 transactions per second. Moreover, the Algorand network benefits from low gas fees, making it user-friendly.

One of the unique benefits of Algorand over other blockchains is that ALGO holders can earn rewards without needing to stake their ALGO tokens due to its unique consensus mechanism. Instead, rewards are automatically distributed to holders via the chain's PPoS consensus model. Hence, many traders consider Algorand an excellent blockchain for the mass adoption of cryptocurrency.

ALGO is the utility and governance token of the Algorand blockchain. ALGO is required to pay gas fees when completing on-chain transactions and is used to vote on essential governance proposals regarding the development of the Algorand blockchain. In 2020, it was announced that the Marshallese sovereign (SOV), which could become the first state-backed digital currency to enter circulation, would be built using the Algorand protocol. SOV is a blockchain-based currency and the new legal tender of the Republic of the Marshall Islands. SOV could become the first state-backed digital currency to enter circulation and is being built using the Algorand protocol by SFB Technologies.

ALGO price and tokenomics

The current circulating supply of ALGO tokens is approximately 7.07 billion tokens. This represents roughly 70 percent of the total ALGO supply of 10 billion tokens. The Algorand Foundation holds the remaining ALGO tokens in secure wallets. The Foundation aims to enable an inclusive, borderless global economy through Algorand's blockchain technology.

1,757.26 million tokens are allocated to community and governance rewards, 1,176.05 million tokens are distributed to ecosystem support, and 363 million tokens are channeled towards foundation endowment. Seed and presale round investors could sell their ALGO token allocation back to the Algorand Foundation at 90 percent of the initial purchase price.

These tokens were then burnt by the team, effectively reducing the supply. This deflationary mechanic was intended to increase token scarcity and drive appreciation to Algorand's price. In June 2019, via a Dutch auction, Algorand raised over $60 million in the public sale of its native token ALGO. The company sold 25 million tokens in less than 4 hours.

About the founders

Algorand was founded by Silvio Micali, the co-inventor of probabilistic encryption, zero-knowledge proofs, verifiable random functions, and other protocols that heavily contribute to modern cryptography. In 2017, Micali founded Algorand, overseeing all research, including theory, security, and crypto finance. He also received the Turing Award for computer science, the Gödel Prize for theoretical computer science, and the RSA prize in cryptography.

Since 1983, Micali has been a faculty member at the Massachusetts Institute of Technology (MIT) in the electrical engineering and computer science department. His research interests include cryptography, zero knowledge, pseudorandom generation, secure protocols, mechanism design, and blockchain.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 2.2K new posts about Algorand, driven by 1.1K contributors, and total online engagement reached 781K social interactions. The sentiment score for Algorand currently stands at 87%. Compared to all cryptocurrencies, post volume for Algorand currently ranks at 2105. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Algorand.
Powered by LunarCrush
Posts
2,154
Contributors
1,052
Interactions
780,628
Sentiment
87%
Volume rank
#2105

X

Posts
1,217
Interactions
705,664
Sentiment
88%

Algorand FAQ

What is Algorand?

Algorand is a decentralized blockchain network capable of executing smart contracts. Algorand's low fees, rapid finality, and high transaction throughput have attracted interest from several nations looking for central bank digital currency (CBDC) solutions.

Should I purchase ALGO?

At OKX TR, we advise you to research any cryptocurrency before trading. Cryptocurrency is deemed a high-risk asset and prone to sharp price movements. Therefore, we ask that you only buy what you are willing to lose. Furthermore, like all cryptocurrencies, ALGO is volatile and carries risks. Therefore, before purchasing, you should do your own research (DYOR) and evaluate your risk appetite before proceeding.

How can I buy ALGO?

Easily buy ALGO tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include ALGO/USDT and ALGO/USDC.

You can also buy ALGO with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ALGO with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ALGO, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is 1 Algorand worth today?
Currently, one Algorand is worth ₺7.6456. For answers and insight into Algorand's price action, you're in the right place. Explore the latest Algorand charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Algorand, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Algorand have been created as well.
Will the price of Algorand go up today?
Check out our Algorand price prediction page to forecast future prices and determine your price targets.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

ALGO calculator

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