Algorand (ALGO) Price and Market Data
Explore real-time Algorand (ALGO) price information, market cap, trading volume, and price changes. View the live price chart, read our in-depth analysis, and stay updated with the latest Algorand news and market trends.
Algorand price chart-2.06%
Algorand is a layer 1 blockchain based on an advanced consensus mechanism of Proof of Stake (PoS) called Pure Proof-of-Stake (PPoS). This mechanism uses Byzantine Consensus to protect against malicious actors, which also means that validators are not rewarded for their contribution but are also not at risk of capital loss.
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