Algorand
ALGOPure PoS public chain with instant finality
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.26% | 1.27% | 2.16% | 20.66% | 1.94% | 8.19% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | HHTXCEX | ALGO/USDT | $0.1125 | $2,370 | $25,117 | $7,207,483 | 22.19% |
| 2 | UUpbitCEX | ALGO/KRW | $0.1139 | $109,617 | $76,966 | $1,886,503 | 5.81% |
| 3 | ALGO/USD | $0.1124 | $129,577 | $323,727 | $1,793,392 | 5.52% | |
| 4 | BBybitCEX | ALGO/USDT | $0.1125 | $56,119 | $100,043 | $1,518,932 | 4.68% |
| 5 | PPhemexCEX | ALGO/USDT | $0.1124 | $5,046 | $5,347 | $1,089,226 | 3.35% |
| 6 | KKuCoinCEX | ALGO/USDT | $0.1124 | $30,890 | $43,562 | $760,049 | 2.34% |
| 7 | OOKXCEX | ALGO/USDT | $0.1124 | $55,960 | $100,624 | $592,602 | 1.82% |
| 8 | BBingXCEX | ALGO/USDT | $0.1125 | $68,850 | $108,961 | $405,397 | 1.25% |
| 9 | BBitgetCEX | ALGO/USDT | $0.1124 | $77,665 | $90,272 | $275,986 | 0.85% |
| 10 | ALGO/EUR | $0.1125 | $13,547 | $31,349 | $272,879 | 0.84% |
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About Algorand
Algorand is an institutional-grade public chain using pure proof of stake, serving payments, RWAs and developers needing instant finality. It addresses the low throughput and slow confirmation of early chains through pure PoS and instant finality for high throughput and low latency, and AlgoKit lets developers write contracts in Python and TypeScript. Its post-quantum security plan and xChain EVM compatibility layer let mainstream EVM wallet users use its apps without creating a new wallet.
The token has no burn or protocol revenue sharing, and the remaining supply releases linearly on a set cadence with about 5% annual staking inflation, fitting payments, RWAs and institutions that value post-quantum properties.
Algorand was founded in 2017 by MIT professor Silvio Micali and launched its mainnet in June 2019 after a roughly $60 million token sale, betting on pure proof of stake and instant finality for institutional use.
Algorand 2.0 added asset standardization and smart contracts in late 2019, briefly stirring DeFi and NFTs; ALGO hit $3 in 2021 as the Foundation subsidized builders through ecosystem funds.
In September 2022 Staci Warden, previously of the Milken Institute, became Foundation CEO; FIFA signed on as official blockchain partner that year through the 2026 World Cup, though ecosystem attention faded with the bear market.
AlgoKit and state proofs arrived in 2023, letting developers write in Python and TypeScript while other chains verify Algorand state; in 2025 the network completed quantum-resistant transactions on mainnet, making post-quantum cryptography its lead narrative.
In January 2026 the Foundation announced its return to the United States with a new board and an Ecosystem Advisory Council; Kraken listed USDC on Algorand the same month, and Afghanistan's Hesabpay drew a New York Times feature.
On August 13, 2026, upgrade v5.0.0 added native Falcon-1024 quantum-resistant accounts without a LogicSig wrapper, plus resource-based fees and larger contract capacity, with AlgoKit and Pera Wallet support; the network counts over a million post-quantum transactions.
William Herkelrath, formerly of Chainlink and Curv, became CEO on August 31, 2026, tying institutional finance to quantum security with payments and RWAs as landing use cases; ALGO traded near $0.125 for a market cap below $1.1 billion.
On April 28, 2026, the xChain EVM compatibility layer went live, letting users of EVM wallets such as MetaMask, Rabby and Coinbase Wallet use Algorand applications directly without creating a new wallet, opening the door to over 30 million monthly active EVM wallets.
On June 18, 2026, the Foundation announced a post-quantum security roadmap: starting in Q3 2026 it will support native post-quantum accounts, multi-signatures and treasury migration, targeting broad quantum resilience by the end of 2027; the same day Algorand was added to Japan's JVCEA Green List. Earlier, on April 21, 2026, Coinbase research ranked Algorand as the most quantum-resistant major L1.
On August 6, 2026, Algorand partnered with market maker Flow Traders to provide 24/7 institutional liquidity for ALGO; in Q2 the network recorded 23.2 million RWA transactions, 1.2 million monthly active addresses and $1.61 billion in USDC transacted volume.
The token has no burn mechanism or protocol revenue sharing; the remaining roughly 1 billion ALGO are released linearly on schedule through 2030, with annual staking inflation of about 5% and no major unlock cliff.
On January 14, 2026 the Algorand Foundation announced its return to the United States with a new board, formed an Ecosystem Advisory Council on January 20 and saw Kraken list USDC on Algorand on January 22. On June 18 it published a post-quantum roadmap targeting broad quantum resilience by the end of 2027, with native post-quantum accounts, multisignature wallets and staking from those accounts arriving in the third quarter of 2026 alongside the protocol release.
On September 9 former Chainlink executive William Herkelrath became chief executive, steering the push into institutional finance and quantum security. The foundation has run state proofs signed with Falcon on mainnet since 2022, with post-quantum multisignatures and a treasury migration next; reports from Google Quantum AI and Coinbase's quantum advisory council both cite Algorand as a reference implementation.
After clearing its 90% support threshold on 15 August, v5.0.0 distils Algorand's differentiation into two things: native post-quantum accounts and resource-based pricing. The latter carries more strategic weight — fees are no longer flat but priced on the computation and storage a transaction actually consumes, with the surplus flowing into a pool that rewards node operators, tying usage directly to the cost of maintaining the network; that is the revenue-sustainability fix following the 2025 staking reward overhaul. William Herkelrath, who arrived from Chainlink in September, is tasked with selling that security story to institutions, with RWA tokenisation, agentic payments and identity as the entry points, while a 500,000 ALGO x402 incentive shows Algorand also betting on machine-to-machine micropayments.
Silvio Micali is the founder, with a PhD in computer science from UC Berkeley, a professorship at MIT and the 2012 Turing Award. He assembled a team in Cambridge in 2017 to design pure proof-of-stake and founded Algorand.
Staci Warden was foundation chief executive and has departed. She holds a BA in philosophy from Bates College and an MPP from Harvard Kennedy School, and previously ran Nasdaq's microcap markets and JPMorgan's EMEA practice.
William Herkelrath is the current chief executive. His career began in enterprise software and institutional finance, he held leadership roles at Chainlink and Curv and co-founded the AI automation platform K3 Labs.
John Woods is chief technology officer, with a BEng from Technological University Dublin. He was chief architect of Cardano at IOHK and an applied cryptographer at Informatica, and joined the Foundation in 2022.
Recent team changes at Algorand:
William Herkelrath joined as CEO in September 2026, succeeding Staci Warden. He previously held leadership roles at Chainlink and Curv, and co-founded K3 Labs. He will focus on institutional adoption and post-quantum security.
Gary Malouf stepped down as Chief Technology Officer in April 2026, having served since September 2023.