What is Algorand (ALGO)?
Algorand current price is $0.108 and has decreased by 4.25% in the last 24 hours.
Algorand is a Layer 1 project founded by Silvio Micali (MIT) in 2019, running on Algorand Network with Pure Proof of Stake consensus and a circulating supply of 8.2B.
ALGO Project Information
| Founder(s) | Silvio Micali (MIT) |
| Blockchain | Algorand Network |
| Consensus Mechanism | Pure Proof of Stake |
| Category | Layer 1 |
| Official Website | algorand.com |
ALGO Live Chart and Technical Analysis
Algorand is a Layer 1 blockchain network launched in 2019 by Silvio Micali (MIT). Security is provided by Pure Proof of Stake. Key metrics for Layer 1 blockchains include transaction throughput (TPS), active validator count, and on-chain wallet growth. On the ALGO/USDT chart, SMA 200 and weekly closes are the primary long-term trend signals.
The Algorand price is determined by global supply-demand dynamics across all listed venues. Monitor the 24h high, low, volume, and order book depth directly on the ALGO/USDT chart on Alerta Chart.
Technical Indicator Settings for ALGO
Analysts typically apply the following settings when monitoring Algorand:
- RSI (14): Oversold below 30, overbought above 70. Divergences against price often precede reversals.
- Bollinger Bands (20, 2): Band squeezes followed by breakouts are high-probability setups for ALGO.
- SMA 200: The primary long-term trend anchor. Sustained trade above signals accumulation phases.
How to Set ALGO Price Alerts
With Alerta Chart’s cloud-based alert engine, you receive instant notifications the moment ALGO hits your target price. Alerts execute server-side — no need to keep the app open or your phone on.
ALGO Ecosystem and Tokenomics
Algorand runs on Algorand Network using the Pure Proof of Stake model. With a circulating supply of 8.2B against a maximum of 10B, the project’s long-term tokenomic structure is defined by this supply ratio. The project was initiated by Silvio Micali (MIT) in 2019, and the development team remains a key driver of ecosystem expansion.
Where to Trade ALGO
Algorand (ALGO) is available on major centralized exchanges including Binance, Bybit, and OKX under the ALGO/USDT pair. For live charting, price alerts, and multi-chart analysis without registration, use Alerta Chart’s free terminal.
Frequently Asked Questions
How do traders approach Algorand (ALGO) market structure?
What is the total supply of ALGO?
Where is ALGO listed?
How to stake ALGO?
What is the best wallet for ALGO?
What drives Algorand (ALGO) price movement?
How do large players move ALGO markets?
Data as of April 19, 2026. Not financial advice.